ZAGREB, 31 March 2022 - Foreign tourists generated €9.1 billion in revenue in 2021, up 89% in 2020 and, it was equivalent to 87% of the revenue they generated in the record year 2019, the Tourism Ministry said on Thursday, citing Croatian National Bank data.

"We are extremely pleased with these results," Minister Nikolina Brnjac said. "Thanks to the government's measures and a good preparation by the whole sector, we have kept the tourism system stable."

She sees that as a confirmation of the big demand for quality tourism products and services, saying that the focus on quality and responsible business can ensure long-term success.

The ministry also cited the central bank's data for Q4 2021, when foreign tourists generated HRK 1.8 billion (€240 million) in revenue, up 116% on the year, and it was equivalent to 91% of the revenue they generated in Q4 2019.

Business: For more, check out our business section.

ZAGREB, 24 Feb 2022 - Atlantic Grupa generated HRK 345.9 million net profit in 2021, which is 1.1% more than in 2020, while sales revenues reached HRK 5.7 billion, increasing by 8.6% from 2020 and by 9.3% from the pre-pandemic 2019, the retail group said in a financial statement on Thursday. 

Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 1.1% to HRK 724.4 million, and the same increase was recorded for net profit, which amounted to HRK 345.9 million.

“Last year, Atlantic Grupa showed a high level of stability, despite economic disruptions caused
by the prolonged COVID-19 pandemic and difficulties with global supply chains, and we have
concluded our jubilee 30th year of operation with the historically highest revenues," CEO Emil Tedeschi said in a comment on the results achieved.

All business segments recorded growth thanks to, among other things, significant marketing, and capital investments, a better epidemiological situation in all markets, and a significantly better tourist season in Croatia compared to 2020.

Among the group's markets, Croatia led with a growth of 12.8% and was followed by Bosnia and Herzegovina with 8.8% growth and Serbia with 8.3% growth.

Own brands accounted for 62.6% of total sales, principal brands for 28.1%, and Farmacia for 9.3%.

Last year, Atlantic Grupa continued the planned investments, notably in technology in Atlantic Štark, new forms of Cedevita packaging, and the new Argeta factory near Varaždin. The value of this project exceeded €50 million and was expected to create up to 150 new jobs

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ZAGREB, November 28, 2020 - The Tourism Council of the Croatian National Tourist Board (HTZ) on Friday adopted the programme and financial plan for 2021, and the revenues for next year are projected in the amount of 285 million kuna, the HTZ said in a press release after its online meeting.

The HTZ is set to ramp up marketing and PR activities next year to offset a decline in the intensity of marketing activities at the level of local HTZ branches.

The press release says that according to data collected by the e-Visitor system, over 54 million tourist nights have been registered year-to-date, which is half as in the corresponding period in 2019.

The HTZ is a national tourist organization founded with the aim of creating and promoting the identity and reputation of Croatian tourism domestically and internationally. 

Its activities "include both planning and implementing the promotional strategy, as well as proposing and implementing promotional activities that are of common interest to all entities in tourism, and raising the level of quality of the entire Croatian tourist offer," the HTZ says on its website.

Nautical tourism is yet another tourism sector that Croatia would do very well to get stuck into, much like the country's already blossoming medical tourism industry. As more and more people arrive by sea to explore the beauty of the Croatian coast and more than 1000 islands, it seems revenues are gradually on their way up, too.

As Morski writes on the 6th of April, 2019, in a total of 142 Croatian ports designed for nautical tourism in six different Adriatic counties last year, a total of 857 million kuna in revenue, which is nearly three percent more than in 2017, was recorded, and the highest of this revenue, 618.1 million kuna (seven percent more), came from the renting of berths, as has been deemed from the data taken from the Central Bureau of Statistics (CBS).

In Croatia's numerous nautical tourism ports, on the 31st of December 2018 there were 13,617 vessels moored on a permanent basis, which is 1.4 percent more than the number recorded one year earlier on the 31st of December 2017, according to a report from SEEbiz.

According to the type of vessel permanently moored in the sea, the most numerous of all were yachts (50.1 percent), followed by motor yachts (46.1 percent) followed then by various other types of vessels (3.8 percent).

The largest number of vessels permanently moored were operating under the flag of the Republic of Croatia, equalling 44.0 percent in total. Following came vessels all sailing under various European flags - Austria (15.8 percent), Germany (15.2 percent), Slovenia (5.1 percent), Italy (4.2 percent) and the United Kingdom (2.2 percent).

In 2018 there were 194,164 vessels in transit, which is 3.8 less than there were back in 2017.

According to the type of vessel in transit for which a berth was used, the highest number once again were sailing yachts (67.3 percent), followed by motor yachts (28.3 percent), and then came other vessels (4.4 percent).

In the year 2018, the highest number of vessels in transit were from the Republic of Croatia (47.7 percent), Italy (13.9 percent), Germany (12.8 percent), Austria (6.6 percent) and Slovenia (3.8 percent) which makes up 84.8 percent of the total number of vessels in transit.

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Click here for the original article by SEEbiz