ZAGREB, August 8, 2019 - The company called Meritus Ulaganja, which is also known as M+ Group on the market, was officially listed on the Zagreb Stock Exchange on Thursday.

The core business of the Zagreb-headquartered M+ Group, which was founded in 2007, is providing contact center services and direct marketing and it is also specialized in development and implementation of software solutions for medium and big companies and organisations.

The contract on listing 857,805 regular shares of this company was today signed by the ZSE management board chair Ivana Gažić and the group's executives Ivan Posavec and Darko Horvat.

Gažić described the listing of this company important, as this was the first case of new listing in 2019.

"We are glad to see that M+ Group has recognised the benefits of collection of funds for growth and development in this manner, and the investment community has shown its interest in new and attracting investment projects," she said.

The M+ Group supervisory board chair Zvonimir Mršić said that this was significant headway paving the way for the company's further growth.

"Investors have identified M+Group as a good opportunity for investments and have supported this domestic company that is growing, creating new jobs and expanding its business across Croatia and on markets outside the country," he said.

The company employs 2,200 people and does business in Croatia, Slovenia, Serbia and Bosnia and Herzegovina. It also provides services to companies on 16 foreign markets.

"As a marketing agency we offer full set of services for customer relations management. We provide real advantages in communication, managing and implementing of marketing channels. All under the same roof – effectively and in transparent way to the goals and results. M+ is active in a wide scope of activities, however it is not specialized in all of them. The seemingly unrelated industries of automobile, telecommunication or health care sector may be unified under the common name of the challenge," it says on its web site.

More news about the Zagreb Stock Exchange can be found in the Business section.

ZAGREB, June 12, 2019 - The main Zagreb Stock Exchange indices on Wednesday continued to grow, with the Crobex increasing by 1.1%, its highest level since April 2017, while the Crobex10 jumped by 1.6%, its highest level since September 2017.

The Crobex continued to increase for the fifth day running, increasing by 1.13% and closing the day at 1,910.46 points. That is its highest level since 26 April 2017 when it closed at 1,939 points.

The Crobex10 continued its positive streak for the third consecutive day, soaring by 1.64% to 1,121.87 points, its highest level since the start of September 2017.

Regular turnover amounted to 9.8 million kuna or 3 million more than on Monday and an additional 2.21 million kuna was generated in block trading of HT's stock.

The HT telecommunications company was the most liquid stock, trading 3.05 million kuna and recording a jump in the price of its shares of 3.25% to 159 kuna. Its share retained that same price in block trading.

The Podravka food manufacturer's shares closed the day at a price of 422 kuna, up 2.68% from Monday and generating a turnover of 1.8 million kuna.

The Valamar Riviera hotel group generated a turnover of 1.6 million kuna. The price of its shares rose by 0.25% and closed at 40.30 per share kuna.

More economy news can be found in the Business section.

ZAGREB, March 1, 2018 - Following the Zagreb Stock Exchange’s (ZSE) decision to resume trading with stocks of companies from the Agrokor Group on 2 March (Friday), the Croatian Financial Services Supervisory Agency (HANFA) said on Thursday it had ordered the ZSE to suspend without delay trading with the said stocks in order to protect investors and secure organised and regular trading.

ZAGREB, February 18, 2018 - The Zagreb Stock Exchange (ZSE) has launched a new trading platform intended for small and medium-sized enterprises in order to make it possible for them to have access to capital at all stages of their growth.

Some signs of long awaited recovery in Agrokor as shares belonging to the ailing company continue to grow strongly.

ZSE hopes that the privatization could revive the Croatian stock market.

Pension funds have mostly achieved yields between 6 and 13.5 percent.

Without Valamar, there would be 65 fewer millionaires in Croatia.

Greater interest in purchase of shares is a result of low interest rates and the growth of GDP, consumption, industrial production and tourism.

Another success for young entrepreneur Ivan Mrvoš.