May 21, 2019 - The latest news from around Croatia’s airports for new flights to Croatia with updates from Dubrovnik, Pula, and Rijeka airports.
AvioRadar reports on May 19, 2019, that Czech airline Smartwings began ticket sales from Poland to Dubrovnik. Namely, the Czech carrier is operating charter lines for Polish Travel Service Polska, the daughter company of Rainbow Tours. The Katowice lines to Dubrovnik, as well as the Warsaw-Dubrovnik connection, are now available for sale as regular seasonal lines beginning on June 6, 2019. The charter flights between Warsaw and Dubrovnik began earlier.
Both lines will operate once a week, on Thursdays, until September 26, 2019. The third charter line between Gdansk and Dubrovnik will remain the same as last year and will have no tickets available for sale via Smartwings. Unlike last year, the charter lines between Bydgoszcz and Szczecin are no longer running. The previously announced charter line between Lodz and Dubrovnik has not been realized.
The Boeing 737-800 will operate on all lines.
AvioRadar also reports that British low-cost airline EasyJet will boost operations on the route between Pula and Gatwick (London) from June. In addition to last year’s three flights a week, which ran on Tuesdays, Thursdays, and Saturdays, new flights will operate on Mondays and Sundays from June 24 to September 9, 2019.
In addition to the Gatwick route, EasyJet also operates a trip from Southend Airport in London to Pula, which circulates twice a week on Thursdays and Sundays, just like last year.
Thus, EasyJet will run seven flights a week between Pula and London. The Airbus A319 or the Airbus A320 will fly on these routes.
To conclude this Croatian flight announcement, TUI Airways has postponed its new route between Manchester and Rijeka, which is not even available yet for the summer of 2020.
However, TUI’s offer still includes one flight a week, on Thursdays, between Gatwick (London) and Rijeka. This route will operate from May 23 to October 17, 2019.
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The Chinese interest in Croatian projects is continually growing, or so it seems, and there is now room to dare when it comes to the potential Chinese rescue of Uljanik and 3 Maj at the eleventh hour.
As Marija Brnic/Poslovni Dnevnik writes on the 2nd of May, 2019, the Chinese CSIC representatives currently visiting Croatia to see the state of Croatia's ailing Uljanik (Pula) and 3 Maj (Rijeka) shipyards have expressed clear interested in new projects with Croatia's shipyards, but only if the Croatian state covers the cost of what has already failed, there have also been mentions of the diversification of production, but they don't want guarantees.
If there is an agreement between the Croatian Government and the Chinese CSIC about reviving Uljanik and 3 Maj, it will be done so with regard to a combination of the models which were discussed with the previous two strategic partners, Darko Končar and Tomislav Debeljak.
According to the explanation given by Minister of Economy Darko Horvat after the final talks and the three-day visit of CSIC's representatives, the Chinese are indeed interested in starting with new projects, while the state should cover the cost of old, failed projects, meaning it will need to take place on a clean slate. It's also more than likely that the sites of today's Croatian shipyards will see other projects developed there, that is to say, the diversification of activities will occur.
"If they don't see the possibility of continuity of shipbuilding at this time, we want other industries to take place here, and not just those exclusively involved in shipbuilding," Minister Horvat stated. Therefore, unlike Danko Končar's initial idea, Chinese diversification would not be a real-estate business, but would involve some sort of other, new production aside from shipbuilding. And the clean starting position the Chinese have indicated that they want, which is similar to what Tomislav Debeljak sought but is unlike his idea, almost certainly means declaring the bankruptcy of the two shipyards.
"We don't expect them to finance failed attempts to build ships that haven't been completed. The starting position means new projects,'' stated Horvat in reference to the wishes of the Chinese.
The continuation of construction in Pula and Rijeka in partnership with CSIC would in any case have a completely different financing philosophy. The Chinese say, after the talks, that they are completely astonished at the reliance of state guarantees for shipbuilding. To repeat what Finance Minister Zdravko Marić stated recently, it's much too early to talk about exactly what changes might occur in this context following their entry into Uljanik and 3 Maj. Over the next few weeks, CSIC's senior people will analyse the collected information and determine whether or not, and indeed in what form they're interested in entering into the structures of Croatia's enfeebled shipyards.
At this moment in time, Darko Horvat has merely announced that any form of Chinese entry would involve a new way of financing, with different sources, a different way of drafting project documentation, and would involve no state guarantees. After the final talks at Zagreb Airport, Horvat didn't provide any more specific information, nor the deadlines within which he expected to receive feedback from the Chinese, but he did appear to try to leave the impression that he was optimistic about the whole situation. The Chinese representatives themselves, however, didn't give any media statements.
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Click here for the original article by Marija Brnic for Poslovni Dnevnik
As Poslovni Dnevnik writes on the 30th of April, 2019, Croatian Finance Minister Zdravko Marić said on Tuesday that he still needs to see if there really is specific interest from the Chinese shipbuilding company, whose representatives are visiting the ailing shipyards in Pula (Uljanik) and Rijeka (3 Maj), saying that it's too early to be able to say anything and that we "need to be completely realistic".
When aked by a journalist about the expectations of the Croatian Government, given that a delegation from the Chinese shipbuilding company China Shipbuilding Industry Corporation (CSIC) has visited the Uljanik and 3 Maj shipyards, Marić said that first of all, we should be realistic and after CISC's representatives get a proper look at the state of affairs with those shipyards and answers to the questions they are interested in, we will need to wait and see what their response to all of it will be.
At this point, it's still too early for that, he added, recalling yesterday's introductory meeting between the Croatian prime minister, his ministers and the aforementioned Chinese delegation at Banski Dvori in Zagreb, where everything was transparent and very clearly presented.
"A really high level team from the perspective of that company has arrived, but on the other hand, we need to be completely realistic. So, today they will spend all day in both Rijeka and Pula and then after that, of course, we can't expect it immediately but within a reasonable time frame, they'll determine what they saw, state what they think about it, and whether or not there is a certain level of interest,'' said Marić when answering journalists' questions after attending the annual European Investment Bank (EIB) press conference.
The CSIC delegation, headed by Hu Wenming, arrived at the enfeebled Uljanik on Tuesday morning, where talks with the members of Uljanik's management board and its supervisory board took place. Assistant Minister of Economy Zvonimir Novak has also been participating in these talks.
Several representatives of the aforementioned Chinese company arrived at Uljanik as early as Monday afternoon, where they viewed the plants and made an unofficial assessment of the capabilities of the Pula shipyard's production facilities, ie, they got better acquainted with its technical capabilities, the processes that take place there, the technology and its general capacities.
What will coe of the visit is anyone's guess so far, but despite suspicion from some, an injection of Chinese money could truly be Uljanik's very last hope.
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If the China Shipbuilding Industry Corporation (CSIC) gives up, it will be difficult to find another candidate for the ailing Croatian shipyards Uljanik (Pula) and 3 Maj (Rijeka) which is in the shipbuilding industry and is also a strong and respected player. Could a Chinese investment be on the cards?
As Poslovni Dnevnik/Suzana Varosanec writes on the 29th of April, 2019, after yesterday's meeting with Prime Minister Andrey Plenkovic and his government ministers, Hu Wenming, Chairman of the Board of China's largest shipbuilding company China Shipbuilding Industry Corporation (CSIC) confirmed that they are indeed moving towards serious consideration regarding the enfeebled Uljanik and 3 Maj shipyards, which have undergone months of turmoil.
''The prime minister gave us a very serious and detailed presentation of the whole situation,'' Wenming said, adding that they saw that these two shipyards were a very important topic for the Croatian public. "Not only did we bring people from our company - they're in charge of planning, we've already called on lawyers and investment banks, so we will outline what their views on the matter are after visiting the shipyards," Wenming stated.
With that, a key ''tour'' begins, because if CSIC ends up actually not being interested in putting its money into the situation, it will be a hugely difficult task to find another candidate in shipbuilding, which is a big player and has an interest in joining the European shipbuilding industry. Otherwise, this would be the first case of a Chinese takeover of a foreign shipbuilding company, so it is speculated that extensive calculations are being made, and of course whether they even want to have their first European shipyard is being considered. The CSIC is looking at the situation deeply and from all possible angles.
This event all began with the recent announcement of the arrival of the CSIC in Croatia with the aim of visiting the troubled shipyards in Pula and Rijeka. As was then announced, the CSIC chairman contacted Chinese Prime Minister Li Keqiang during his stay in the Republic of Croatia where he attended the summit "16 + 1" and after talking with the Croatian PM about the dire state of Croatian shipbuilding.
As things currently stand, the general belief is that the Chinese decision won't take long to come - it will be a simple and express "no" or "yes", while the third option, more specifically an unconditional "yes", will likely need to be waited for a little longer.
What the outcome of the potential Chinese presence in the Croatian shipbuilding industry is anyone's guess, and while some remain very suspicious of Chinese motives in Croatia in general, despite them already working on the long-awaited Pelješac bridge down in southern Dalmatia, whatever comes of their potential entry has got to be better than the current situation, especially for Uljanik.
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Click here for the original article by Suzana Varosanec for Poslovni Dnevnik
There has been much talk, both positive and negative, about the potential for Chinese investment in Croatia. They're already building the long awaited Peljesac bridge down in Dalmatia and have since expressed great interest in the Port of Rijeka and in constructing a railway line linking Rijeka to Karlovac.
Many believe that the apparently huge interest of the Chinese (and their money) is a bad omen, and that Croatia will end up trapped by yet more debt it can't pay off in the end. Others see it as a welcome move, despite their suspicions. Whatever the truth behind China's interest in Croatia is, the EU aren't too pleased with it, especially in the case of Peljesac bridge. Peljesac bridge is one of the most important strategic projects in the history of the country, and it has been financed mainly by European Union funds, the fact that a Chinese company has been chosen to construct it hasn't filled the European Union, nor the Commission, with much joy.
What will be the situation with one of Croatia's most pressing issues of late, its ailing shipyards? As Uljanik's dire situation continues to worsen, could the already suggested investment from China be its saviour at the eleventh hour? Maybe.
As Poslovni Dnevnik writes on the 29th of April, 2019, a delegation from China's largest shipbuilding company, China Shipbuilding Industry Corporation, headed by Hu Wenming, the head of the company, will arrive in Zagreb on Monday, as N1 reports.
The Chinese delegation will first be welcomed by Prime Minister Andrej Plenkovic and his government ministers at Banski dvori in the heart of the capital city. After exchanging all of the usual diplomatic pleasantries, they will discuss the burdensome issue of Uljanik (Pula) and 3 Maj (Rijeka), which the Chinese guests will visit on Tuesday.
At today's meeting between the Croatian premier and the Chinese delegation from CSIC, the bosses of Uljanik and 3 Maj, Emil Bulić and Edi Kučan, will present, as was confirmed to N1 by the Croatian Government.
Will the giant Chinese company actually agree to invest in Croatia's ailing shipyards, however? The answer to this question could be known definitively in as little as ten days, Economy Minister Darko Horvat announced last week.
Concerning the potential interest of the Chinese for the Uljanik and 3 Maj shipyards, Minister Tolušić said that this really is "probably the last chance to do something." If there is any possibility whatsoever that the Chinese will enter into some sort of investment arrangement to rescue the shipyards, they'll enter. If there's no possibility, they won't. We'll leave it up to them.'' stated Horvat.
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As Poslovni Dnevnik writes on the 26th of April, 2019, through its subsidiary Sugarhill Investments B.V., the Croatian hotel group Arena Hospitality Group d.d. from Pula has concluded a framework agreement with MK Aviation Services d.o.o. to take over the "88 Rooms" hotel, a four star hotel in Belgrade, Serbia.
The completion of this transaction is of course still subject to certain steps and to the fulfillment of certain conditions, as they have stated from the aforementioned Croatian company.
"88 Rooms" is a modern, four-star hotel situated in a prime location on Takovska Street in Belgrade, close to the business district and close to the cultural attractions of the old part of Belgrade, including Knez Mihailova Street and Kalemegdan Park. The hotel boasts 88 modern and comfortable rooms and suites decorated according to Feng Shui rules, and other facilities include a bar, a restaurant, a fitness room, a massage room and four meeting rooms with a capacity of up to 200 participants.
With this acquisition, Pula's Arena Hospitality Group continues to expand overseas following its already established business model with the management of seven international hotels in Germany and Hungary, more specifically in Berlin, Nuremberg, Cologne and Budapest.
On this occasion, the CEO of Arena Hospitality Group d.d., Reuel Slonim, said: "It's a great pleasure to be able to present this acquisition, which, with the momentum of our current investments in our existing accommodation facilities, continues our [already] announced further expansion of our business to new areas in the major cities of the region of Central and Eastern Europe. By entering this new market and strengthening our hotel portfolio throughout the year, we're able to add more worth to the group's value and at the same time create additional long-term value for our customers and for our shareholders. With such moves, we're rapidly changing the existing high seasonality of business and we're growing into a dynamic, international hotel group with year-round business.''
The Arena Hospitality Group expects that the conditions required for completing the transaction will be met by the end of this year, after which, Belgrade's 88 Rooms Hotel will become part of the Arena Hospitality Group famiily and continue its business under the brand name "Arena Hotels & Apartments" under the new name of "Arena Hotel 88" .
The value of the transaction stands at 47 million kuna, which, together with the entire investment cycle, started after a public offer in mid-2017 exceeding a hefty price tag of 500 million kuna.
Slonim continued: "More than half a billion kuna's worth of investment after the public offer is underway, starting with an investment of 70 million kuna in the first Croatian luxury glamorous resort Arena One 99 Glamping in Pomer, the current investment of 128 million kuna in the Arena Kažela camp in Medulin, 53 million kuna in the reconstruction of the Art'otel Berlin Kudamm hotel in Berlin, 60 million kuna in the renovation of the Verudela Beach resort in Pula, and 190 million kuna in the complete reconstruction of Brioni in Pula, which will carry the Park Plaza brand and be positioned among the best hotels that hotel chain.''
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Next week, a delegation of eighteen people from the largest Chinese shipyard, the China Shipbuilding Industry Corporation, are set to visit Croatia's ailing Uljanik.
As Poslovni Dnevnik writes on the 26th of April, 2019, this is the second day is the National Economy and Entrepreneurship Consulting conference, organised by the Ministry of Economy and Entrepreneurship in Vodice. Economy Minister Darko Horvat told N1 televizija that the Republic of Croatia ''wants to become a country of investment and development, even if it isn't there yet".
"What I do dare to say, and with full certainty, is that Croatia has an innovative network, we have to make every effort to create positive trends, but we can't expect a big boom in just one or two intensive years, but the trends are changing. What makes me happy is that our own accumulation which has been earned by entrepreneurs is slowly returning back into circulation, that this money is no longer sitting in banks, in accounts. This gives us the encouragement that we'll gain that momentum this year, too,'' Darko Horvat stated.
How much have the problems with Uljanik slowed the economy down?
"They stopped any acceleration. Given the fact that so far, we've spent nearly three and a half billion kuna on guarantees,'' Horvat said.
The Dredging and Maritime Management company, owned by the Jan De Nul Group, requires Uljanik to refund all advance payments plus interest on a dredger which is being built in the Pula shipyard, whereby a refund of part of the advance has been secured by state guarantees. Such an outcome could cost the Croatian state almost one billion kuna.
"The contracted period is seven days, but I'm not sure that will happen in that time because Uljanik has no liquid funds and we'll have to continue talks and negotiations with Jan De Nul. And Mr. De Nul is aware that these talks end up going nowhere if he decides on the forcible charging of advances, he's aware that the shipyard in Pula isn't ready to complete that vessel.
If the Chinese do decide to invest in Uljanik, then there are two variants, Horvat said: "to enter as a strategic partner, or to buy one shipyard, and the other, and become the 100 percent owners."
The court decision in Pazin has, for the third time, postponed the bankruptcy hearing for Uljanik.
"Regardless of the court's decision, we'll continue talking with the Chinese," Horvat said.
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Just how close are we to a real digital Croatia? The answer is unclear and as varied as ever, but some Croatian cities have shown promise with some rather impressive and encouraging results.
As Novac/Gradonacelnik.hr writes on the 23rd of April, 2019, although more and more cities are gradually digitising their business and investing in smart city solutions, and some of the most advanced have almost completely switched to doing solely digital business, generally speaking, Croatian cities are only in the very early stages of the much needed digital transition, just as Croatia is, as a country, at the very bottom in Europe in terms of the digital readiness of general society and the economy.
As the methodology for ranking cities in terms of digital readiness is only at its very beginning even at the European level, stories and analysis of the "smart city" concept development here in Croatia are still very much based on individual experiences, examples and projects.
That is why, in order to gain a real elementary insight into the digitalisation of Croatia's services and the communication of the country's many city administrations with citizens, experts from Apsolon, a consulting company specialising in digital business development, has undertaken the very first major study of the ''digital readiness'' of twenty of the largest cities across Croatia. This study, according to project manager and smart management director at Apsolon, Ivana Novoselec, is the basis for the further development of research tools and methodology that will track the development and progress of Croatia's cities on an annual basis.
In its study, Apsolon divided the cities into three categories - large (Zagreb, Split, Rijeka, Osijek), middle (Zadar, Velika Gorica, Slavonski Brod, Pula and Karlovac) and smaller cities (Sisak, Varaždin, Šibenik, Dubrovnik, Bjelovar, Kaštela, Samobor, Vinkovci, Koprivnica, Đakovo, Vukovar.)
The digital readiness index at Apsolon was set based on several criteria - the availability of e-services (the number of administrative services and their digitalisation rate in Croatia), the availability of site service information and the development of unified services for making payments in the city, then came the availability of city data, the level of citizen participation in decision making and communication channels between the city administration and citizens, ie, the availability of data and time in which citizens receive answers to their various questions. At this stage, Apsolon hasn't entered into the internal processes in Croatia's city administrations, but rather focused on what services are offered to the city's citizens and how long such things typically take.
After this type of indexing and ranking, the title of the ''digitisation champion'' among the Croatian cities was awarded to the City of Rijeka, thus confirming its status as the best city in the Smart City category which it won last year. Apsolon pointed out that the City of Rijeka has achieved the greatest advances in the systematic raising of the quality of its services, but also the opening of data and communication channels to citizens.
"Rijeka as the most advanced city in Croatia in terms of digitisation and is characterised in particular by the emphasis on openness and communication with its citizens. Its administration is oriented towards clear communication (a very clear centralised e-services approach with well-organised access to all automated services and available forms), openness and participatory management," said project manager Ivana Novoselac.
In many categories, especially those relating to the functional aspects of digitisation (advanced digital services, e-citizen connectivity, etc.), Rijeka is followed closely by the City of Zagreb.
The city of Pula is the most advanced middle-size city in Croatia, which also presents its services and available information to its citizens in a systematic and very detailed way, raising standards in terms of transparency and interaction with citizens, and is certainly a champion among cities with between 50.000 and 100.000 inhabitants.
In relation to the criteria relating to specific functional and technological solutions, Karlovac, Velika Gorica and Zadar follow. For the City of Karlovac the large number of available administrative procedures on its website and responses to citizens' inquiries are generally quick made it stand out from the crowd.
Among the small cities in Croatia, there is no distinctly dominant digital champion, but according to research findings in different aspects of digitisation, Dubrovnik, Samobor, Sisak, Koprivnica and Varaždin appear to be the most successful ones, according to this research. Among the prominent representatives of this category, Dubrovnik is strategically trying to profile as Smart City and has a high quality City Card, e-Visitor platform, is very active on social networks and it continuing to develop innovative application solutions. When it comes to the number of digitally available services, Koprivnica ranks above all.
Samobor, which is particularly active on social networks and is the category winner for social networking, has a very comprehensive and interactive website which separates the site accordingly and has adjusted all of the information for citizens and for visitors, as well as separating foreign visitors from domestic ones.
It should also be noted that Bjelovar is extremely proactive in the field of the digitalisation of its administration, it is working on applicative transparency solutions as well as on internal digitalisation processes. What is particularly commendable is Bjelovar's focus on the digitalisation of its internal processes.
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Click here for the original article by Novac/Jutarnji/Gradonacelnik.hr
In the upcoming summer flight schedule, which is from March 31 to October 27, 81 new routes will operate to Croatian airports, including regular, low-cost and charter lines, from 24 world markets, reports Dalmatinski Portal on April 15, 2019.
Additionally, the first week of the summer flight began with a record 252 flights, which displayed a 30 percent increase compared to the first week of the summer flight schedule last year. Most of the flights in the first week were recorded at the airports in Zagreb, Split, and Dubrovnik.
“New airlines and increasing the number of rotations are, among other things, the result of the activities of the Croatian Tourist Board. We collaborate with airline companies through strategic promotional campaigns in important markets, aiming to position Croatia as an attractive and well-connected year-round destination. We are particularly pleased with the new intercontinental line between Philadelphia and Dubrovnik, which joins Croatia and the United States market for the first time in 30 years,” said Croatian Tourist Board director Kristjan Staničić, adding that this year he has strategic marketing partnerships with tour operators and over 40 million kuna was provided to airlines.
Looking at the markets, most of the new lines, or 14 of them, are from German cities, followed by 12 new lines from the UK market, 8 lines from France, 5 lines from Italy, and 4 lines from the Netherlands. Analyzing the summer flight schedule by the number of rotations, most rotations are planned between Croatia and Germany, the UK, France, Austria, and Switzerland. Most new lines will fly to airports in Zadar, Split, Dubrovnik, Pula, and Rijeka. Most Croatian airports this year also recorded an increase in the number of rotations when looking at the previous season, and according to the absolute number of new rotations, the Zadar airport has a 25 percent increase, while Pula follows with a 7 percent increase and Dubrovnik with 4 percent.
When looking at airlines, most new routes were launched by Ryanair, namely 15 of them, followed by eight new lines from Volotea, six new lines from TUI and five new easyJet lines.
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From the construction of Pelješac bridge to planning to build a car factory in southern Dalmatia's Neretva valley, to displaying interest in potentially rescuing the enfeebled Croatian shipyards Uljanik and 3 Maj, the Chinese are no strangers to showcasing their investment interest in Croatia.
Croatia has earned itself a less than positive reputation among foreign investors, alright, let's not be so politially correct and say that Croatia is a burning hot mess in the eyes of foreign investors. ABC has come to mean ''Anything but Croatia'' in foreign investment circles, and many are simply bypassing the country entirely. That's not to talk about local, Croatian investors who have been dragged through the proverbial mud twice or even thrice the amount. Given the somewhat depressing statistics, just why are the Chinese suddenly so deeply interested in investing such huge sums of money in Croatia?
While many have welcomed the money-laden offers of the Chinese, others have remained cautiously optimistic, and some have made no qualms about being vocal in their dismay at the thought of the Chinese coming and ''taking over'' by investing heavily in Croatia's many pressing strategic projects. The motives that push the Chinese towards closer and closer ties with Croatia tend to end up as mere hearsay and solacious gossip in the comment sections of various portals, but what do the experts believe?
As Novac/Marina Karlovic Sabolic writes on the 12th of April, 2019, the Chinese are truly incredible people. They come to Croatia every ten years, and the Croats immediately forget about all of the Chinese "bofl" goods they've spent their lives purchasing and throwing away. They suddenly become blissfully unaware of the dreaded "Made in China" mark that everyone gets so sick to the back teeth of seeing plastered all over basically anything. Instead, their innermost desires display blurry images of an ailing Uljanik, of Tito's rotting memorial complex in Kumrovec, of Rijeka's port, and even football stadiums, Slobodna Dalmacija writes.
Does anybody bother to ask in this country what the Chinese will ask for in return, however? Entering into the dubious and somewhat unpredictable world of Croatian shipbuilding, constructing a much needed railway line and maybe rescuing a port in Rijeka all before dinner time will come with a price tag, and likely a hefty one. The situation when that bill inevitably arrives is one that tends to be what fills the militant online naysayers with fuel, and dread.
''Don't be afraid, China will not demand that the Communist Party be established in Croatia or that it rules the country,'' prof. Dr. Vlatko Cvrtila, one of the most prominent Croatian geopolitical experts, stated. He also added that in its long-term strategic plans, China really doesn't have any sort of idea of introducing a single-party system in the countries in which it invests its money. Their interest, claims Cvrtila, is of quite another nature.
''The Chinese don't invest because they have a lot of money and they want to go around giving it out. There's no philanthropy in international relations. All they invest in is related to their global strategy of creating influence and linking the Eurasian world in a continental way. By investing in infrastructure, ports, roads and railways, they enable their goods to reach their customers more easily,'' says Cvrtila.
Such an approach, he points out, is legitimate for a country that has boasts such great economic potential at this time like China does. Their mega-project, the Silk Road, which would increase the possibility of land transport, aims to reduce overall dependence on maritime traffic restrictions.
Cvrtila notes the US administration's estimates and warnings that China will one day turn its massive economic influence into strategic power as well. This is something that United States, which is already competing with Russia, doesn't think well of. However, China is now quietly placing all of its cards on the economic side of the story.
''In order to maintain its economic growth, China must have a market. In infrastructure projects, they actually make the market more widespread. China can't stop, while it's riding the bike it needs to rotate the pedals. The Chinese are present everywhere where they can create prerequisites for the distribution of goods. In Greece, they're in the ports, in Montenegro, they're dealing with the construction of a motorway, in Croatia, they're building Pelješac bridge. This is a win win situation for everyone, because in the long run, any investment in infrastructure can improve a country's economic performance,'' says Cvrtila.
China has, therefore, created the 1 + 16 formet in Southeastern Europe where its usually large-scale investments help countries that otherwise don't have a lot of foreign investment.
''Europe has survived a difficult financial crisis and there is no "free finance" which would enter JI Europe. China's investment is actually beneficial for Europe, because along with China, the European Union has developed non-competitive but increasingly strategic economic relations, realising in time that they [the Chinese] can contribute to its economic growth,'' emphasises Cvrtila.
Croatia, according to him, is fortunate because it is strategically quite well positioned: it is closer to the heart of Europe than it is to Northern Europe. And, de facto, it is located at the intersection of the roads between the East and the West.
Unfortunately, Croatia hasn't used its geostrategic advantage yet. LNG terminal stands, as do the new train lines. It's also important to revitalise the Port of Rijeka so that Croatia can profit in the fast transport of goods to European consumers. We don't have our own investments, Europe has no capacity anymore, which is why the Croatian Government is seriously considering deals from China,'' concludes Cvrtila.
Therefore, there's no need for Croatia to be afraid of the Chinese, but rather actually use them for its own interests.
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Click here for the original article by Marina Karlovic Sabolic for Novac/Jutarnji