ZAGREB, 20 May 2022 - The main Zagreb Stock Exchange (ZSE) indices -- the Crobex and the specialized Crobex 10 -- rose by 0.39% to 2081.62 points and by 0.37% to 1240.79 points respectively on Friday.

Today's turnover was HRK 4.3 million, a million kuna more than on Thursday.

None of the stocks passed the turnover mark of one million kunas. The highest turnover, HRK 982,300, was generated by the stock of the Valamar Riviera tourism company. It share price rose 2.1% to HRK 34.10 per share.

A total of 40 stocks were traded today, with 15 of them increasing and also 15 decreasing, and 10 remaining stables in price.

(€1 = HRK 7.529183)

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ZAGREB, 9 May 2022 - The main Zagreb Stock Exchange (ZSE) indices fell by slightly more than 0.3% on Monday.

The Crobex dropped by 0.38% to 2,102 points, and the Crobex10 declined by 0.31% to 1,254 points.

Regular turnover amounted to HRK 8.67 million, or HRK 2.1 million less than on Friday. An additional HRK 2.3 million was generated by a block transaction with the Atlantic retail group stock at HRK 1,620 per share.

Atlantic Grupa also had the highest turnover in the regular session, HRK 1.61 million. Its price fell by 1.83% to HRK 1,610 per share.

The stock of the Valamar Riviera hotel company turned over HRK 1.44 million, closing at HRK 35 per share, up 0.86%.

A total of 41 stocks traded on the ZSE today, with 15 gaining and 20 losing in price, while six were stable.

(€1 = HRK 7.544176)

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ZAGREB, 6 May (2022) - The main Zagreb Stock Exchange (ZSE) indices ended the week in red, with the Crobex falling by 0.92% to 2,110 points and the Crobex10 by 0.87% to 1,257 points.

Turnover at the close of the trading session was HRK 10.8 million, about 2.3 million higher than on Thursday. An additional HRK 4.9 million was generated by a block transaction with the Atlantic retail group stock at HRK 1,620 per share.

The Atlantic Group stock also generated the highest turnover in the regular session, of HRK 1.74 million. Its price remained stable at HRK 1,640.

Three more stocks passed the turnover mark of one million kuna.

The Span IT company turned over HRK 1.22 million, closing down 0.82% at HRK 243 per share.

The Valamar Riviera hotel company turned over HRK 1.06 million, ending the day at HRK 34.7 per share, down 2.53%.

The HT telecommunications company turned over HRK 1.05 million. Its price dropped by 0.81% to HRK 182 per share.

Forty-one stocks traded today, with eight of them increasing, 22 decreasing and 11 remaining stable in price.

(€1 = HRK 7.545685)

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ZAGREB, 29 April (2022) - The Valamar Riviera hotel company generated HRK 59.5 million in operating revenues in Q1 2022, up 97% year-on-year, with an increase of 147,000 in overnight stays, or 192%, the company said in a financial statement on Friday, announcing a return to the occupancy rate from 2019 this year.

Total revenues reached HRK 74.8 million, up 119% on the year.

"In Q1 2022, Valamar Riviera achieved results comparable to 2019, continuing the positive trend of tourism recovering to the pre-pandemic level," Croatia's largest tourist company said.

In that period, total expenditures reached nearly HRK 314 million, so the group ended Q1 with a loss of HRK 199.85 million.

Investments for the 2022 season in hotels, summer resorts and camps amount to about HRK 530 million and are an important driver of growth and positive expectations, the company said.

Among the largest investment projects is the investment by Imperial Riviera of HRK 67 million in the repositioning of the Dalmacija hotel in Makarska, whose opening is planned for mid-May.

The investments of Helios Faros are worth HRK 220 million and are related to the construction of the Valamar Amicor Green Resort and Aquamar pool complex on the island of Hvar.

Other investments for this season include the renovation of the hotel Corinthia in Baška on the island of Krk in the Valamar brand Sunny Plus, improving service quality at the Valamar Bellevue Hotel in Rabac, the construction of Padova beach on the island of Rab, and the continuation of investments in the camps Istra Premium Camping Resort and Lanterna Premium Camping Resort.

In Dubrovnik, a new Valamar House has opened for the accommodation of seasonal workers, the fifth in Valamar destinations.

"The results achieved in the first quarter and booking trends are encouraging and announce a high demand for Croatia in this tourist season and a return to the levels of occupancy from 2019. Due to a significant rise in energy, labour and procurement prices, there is a risk of inflation, which contributes to uncertainty and difficult business conditions, especially jeopardising the future development and investments that Croatian tourism really needs," said Željko Kukurin, President of the Management Board of Valamar Riviera.

(€1 = HRK 7.5)

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ZAGREB, 29 April (2022) - The Podravka Group generated a net profit of HRK 88.8 million in the first quarter of 2022, a decrease of 15.6% over the same period in 2021, the Koprivnica-based food company said in a financial statement on Friday, noting that the direct cause of the decreased profit was the Ukraine crisis.

EBITDA (earnings before interest, tax, depreciation and amortisation) was 7.7% lower while net profit was 15.6% lower than in 2021, which is a direct result of the Ukraine crisis, Podravka said in a press release.

Sales revenue amounted to HRK 1.18 billion, or 8.6% more compared to the same period last year.

The stronger revenue was generated by the food segment (+10.8%), while the pharmaceutical segment registered a growth of 0.6%.

Podravka generated a loss of 6.5% on the Russian and Ukrainian markets in 2021.

The company is continuing with its optimisation of costs and increasing efficiency to buffer the impact of increased input costs.

Podravka further reported that as of 1 March wages had increased by an average of 11% and the company would invest a further HRK 35 million this year to increase wages.

(€1 = HRK 7.557837)

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ZAGREB, 22 April (2022) - The main Zagreb Stock Exchange (ZSE) indices fell slightly on Friday, with the Crobex decreasing by 0.09% to 2,134 points and the Crobex10 by 0.1% to 1,285 points.

Turnover at the close of the trading session amounted to HRK 7.5 million, roughly the same as on Thursday.

Three stocks passed the turnover mark of one million kuna.

The highest turnover, of HRK 1.8 million, was generated by the stock of the Valamar Riviera hotel company. Its price fell by 1.39% to HRK 35.50.

The stock of the HT telecommunications company turned over HRK 1.5 million, closing at HRK 192.5 per share, down 0.26%.

The stock of the state-owned postal bank HPB turned over HRK 1.1 million. Its price increased by 1.08% to HRK 940 per share.

A total of 43 stocks traded today, with 17 increasing, 15 decreasing and 11 remaining stable in price.

(€1 = HRK 7.559050)

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ZAGREB, 12 April 2022 - The main Zagreb Stock Exchange (ZSE) indices fell on Tuesday, the Crobex by 0.69% to 2,130 points and the Crobex10 by 0.48% to 1,276 points.

The Crobex indices thus followed the trend of European stock indices, which are under pressure due to the war in Ukraine, the slowdown in economic growth and high inflation.

Today's regular turnover on the ZSE was HRK 8.4 million, or HRK 6.2 million less than on Monday.

The highest turnover, of HRK 2.3 million, was generated by the Maistra stock, which closed at HRK 302 per share, up 2.58%.

The Zagrebačka Banka stock turned over HRK 1.66 million, closing at HRK 71 per share, down 1.39%.

The stock of Valamar Riviera generated a turnover of HRK 1.34 million, closing at HRK 33 per share, down 1.79%.

A total of 32 stock traded on the ZSE today, with 11 gaining  and 20 losing in price, while 11 were stable.

(€1 = HRK 7.553594)

ZAGREB, 5 April 2022 - The main Zagreb Stock Exchange indices went up on Tuesday, the Crobex by 0.53% to 2,119.86 points and the Crobex10 by 0.36% to 1,276.34 points.

Regular turnover was HRK 5.55 million, HRK 2.12 million less than on Monday.

The most traded stock and the only one to cross the million-kuna mark was the HT telecom, turning over HRK 1.66 million and closing at a stable HRK 191 per share.

Forty-eight stocks traded today, with 20 going up and 19 down in price, while nine were stable.

(€1 = HRK 7.565001)

ZAGREB, 22 March 2022 - The Crobex index of the Zagreb Stock Exchange (ZSE) on Tuesday increased by 0.13% to 2,068 points, continuing its rise for the eighth consecutive day, while the Crobex10 fell by 0.14% to 1,241 points, ending its nine-day winning streak.

Regular turnover amounted to HRK 7.7 million, or about half a million kuna less than on Monday.

The most traded stock was HT telecom, turning over HRK 2.78 million. It ended the day at HRK 189.5 per share, down 0.26%.

The Zagrebačka Banka stock generated a turnover of HRK 1.14 million, closing at HRK 71 per share, down 0.28%.

Forty stocks traded on the ZSE today, with 17 gaining and 14 losing in price, while nine were stable.

(€1 = HRK 7.564472)

ZAGREB, 18 March (2022) - The main Zagreb Stock Exchange (ZSE) indices continued to rise on Friday, with the Crobex going up for the sixth trading day in a row, by 0.4% to 2,050 points, and the Crobex10 increasing for the eighth consecutive trading day, by 0.59% to 1,237 points.

Regular turnover amounted to HRK 11.8 million, or HRK 4.2 million more than on Thursday.

The HT telecom was the most traded stock, turning over HRK 2 million. Its price dropped by 0.26% to HRK 189 per share.

The Optika Telekom stock generated a turnover of HRK 1.99 million, closing at HRK 5.3 per share, up 1.15%.

The stock of the Podravka food company turned over HRK 1.3 million, closing at HRK 628, up 2.95%.

Forty-two stocks traded on the ZSE today, with 20 gaining and 12 losing in price, while 10 were stable.

(€1 = HRK 7.570296)

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