Thursday, 28 October 2021

Petrokemija Sees Net Profit Plunge By 94%

ZAGREB, 28 Oct 2021 - Fertilizer manufacturer Petrokemija generated a net profit of HRK 19 million in the first nine months of 2021, down from HRK 315 million in the same period of 2020, the company's financial statement shows.

Petrokemija's result for the first nine months of this year was affected by increased prices of natural gas, higher carbon emission allowance prices, and lower demand. The negative effects were partly offset by higher selling prices of mineral fertilizers and the efficiency measures implemented, CEO Davor Žmegač said in a comment.

Operating revenue totaled HRK 1.5 billion, up by 7.0% over the same period of 2020. Sales revenue rose by 6.0% to HRK 1.49 billion, fuelled by the increase in prices of mineral fertilizers, which in turn was due to higher prices of natural gas on the European markets.

The company said that prices of natural gas on the European markets had gone up by 249 percent on average, while carbon emission allowance prices had increased by 129 percent following a new EU directive aimed at further reducing CO2 emissions.

Operating expenditure rose by 38% to HRK 1.49 billion. EBITDA without one-off items was HRK 141 million, down by 65 percent, and net profit fell by 94 percent to HRK 19 million. Capital investment rose by 217 percent to HRK 91 million.

(€1 = HRK 7.521247)

For more, make sure to check out our dedicated business section.


Thursday, 28 October 2021

Croatia Logs 4,154 New COVID-19 Cases, 26 Deaths, 11,320 Doses Administered

ZAGREB, 28 Oct 2021 - In the last 24 hours, Croatia has registered 4,154 new coronavirus cases, 26 patients have died and 11,320 vaccine doses have been administered, it was said on the government's website on Thursday.

There are currently 22,382 active cases, including 1,231 hospitalized patients, of whom 160 are on ventilators.

The number of new cases in the last 24 hours is lower than on Wednesday when Croatia registered 4,571 new cases, the second-highest daily number of new infections since the start of the epidemic. That number was nonetheless higher than on the same day last week when there were 3,053 new infections.

Since the first registered case of the infection on 25 February 2020, a total of 458,090 people have become infected and of them, 9,142 have died.

A total of 426,566 people have recovered, including 2,391 in the last 24 hours.

Currently, 34,954 people are self-isolating.

So far a total of 3,073,618 people have been tested, including 12,300 in the last 24 hours.

A total of 3,586,560 vaccine doses have been administered and 46.78% of the total population has been vaccinated while 52.83% of the adult population has been fully vaccinated.

On 27 October 11,320 vaccine doses were administered, including 4,327 that were administered as first shots.

For all you need to know about coronavirus specific to Croatia, make sure to bookmark our dedicated COVID-19 section and select your preferred language.

Thursday, 28 October 2021

Mayor Franković Discusses 2021 Dubrovnik Season, Wants to Keep 1-2 Cruisers Per Day

October 28, 2021 - Was the 2021 Dubrovnik season successful? Mayor Mato Franković weighs in on what worked and what needs to happen to maintain tourism in the Adriatic Pearl. 

Dubrovnik cannot say that this was a successful season, said Dubrovnik Mayor Mato Franković at a meeting with Dubrovnik-Neretva County hoteliers. The exchange of experiences from the previous season and the best possible preparations for the challenges that the next year and season will bring were the main topics of this meeting, organized by the Croatian Chamber of Commerce - Dubrovnik County Chamber, reports HRTurizam.

Mayor Franković called this season extremely demanding and especially thanked the members of the Tourist Board and Dubrovnik Airport who worked hard on its preparation even when it seemed that there would be no season.

"In marketing and communication activities, we achieved several flights that were sufficient for the needs of Dubrovnik and the surrounding area, given the open capacity. However, when we look at 44% of overnight stays in the City of Dubrovnik compared to 2019, it is not completely comparable because, for example, Valamar decided to keep most hotels closed, which I consider a bad business decision, but also a bad attitude towards Dubrovnik," Franković said at the meeting. 

The Ministry of Foreign Affairs, he added, played a significant role in facilitating the establishment of new air connections with the US and Russia, whose passengers were allowed to obtain one-day visas, which was very important for tourism. He also emphasized that the Croatian Government had allocated more than HRK 500 million for this area to help business people, which ensured that they maintained working.

Commenting on this year's season and the arrival of cruise ships, Franković highlighted how the city and the city economy need cruise ships guests, but with moderation.

“This year, we had the perfect measure, one to two cruisers a day. The city can handle that, and business people can feel it, from restaurants, cafes, guides, museums, walls to bus carriers. So we need cruisers, but not four at a time. So let us continue in this direction," said Franković and pointed out the significant increase in the arrival of private planes and guests of higher spending power.

According to the Dubrovnik mayor, what has been recorded in these few months is good in that it has given business people momentum to survive until the next season. Still, Dubrovnik cannot say how successful this season has been. Therefore, business people should be given support in providing information to the Prime Minister and the Government that the entire Croatian tourism cannot be viewed through the prism of Istria and that Dubrovnik as an air destination is in a much different position.

For more on travel in Croatia, follow TCN's dedicated page.

Thursday, 28 October 2021

Croatian Tourism Days 2021 Kicks Off with Packed Program in Dubrovnik

October 28, 2021 - The Croatian Tourism Days 2021 program kicks off today in Dubrovnik. A look at what to expect this week. 

Croatian Tourism Days, a formal meeting of tourism workers and all stakeholders in Croatian tourism, organized by the Ministry of Tourism and Sports, the Croatian Chamber of Commerce, and the Croatian Tourist Board, will be held on October 28 and 29, 2021, at the Sheraton Hotel in Dubrovnik. 

The event brings together numerous experts in tourism and many other activities related to tourism, and this year the organizers have prepared several exciting events.

"After the excellent results we have achieved through joint efforts this year, Croatian Tourism Days is an opportunity to review current topics in tourism and exchange knowledge and experiences. This year we will have an interesting program with the participation of many experts from various fields of tourism, and we are especially pleased that we will discuss the education and employment of young people in tourism. We will round off the event by awarding tourist prizes to encourage further those who were an example to all of us with their effort, work and innovation," said the Minister of Tourism and Sports Nikolina Brnjac.

You can find the details of the Croatian Tourism Days 2021 program below:

THURSDAY, 28th of October 

  • 12.00 - 12.30 SIGNING OF COOPERATION AGREEMENT WITH ADAC, Elafiti Hall (possible attendance for the media at the signing and for statements)






  • 16.15 - 16.30 BREAK 








FRIDAY, 29th of October



10.00-10.45 Opening statements

10.45-11.00 Coffee break


11.00-12.00 Panel 1: How to strengthen the institutional framework for education and employment of young people in tourism


12.00-13.00 Panel 2: How to increase the attractiveness of interest in tourism for young people


13.00-13.30 Conclusions






  • 20.10 - 21.15 ANNUAL CROATIAN TOURIST AWARDS CEREMONY, live broadcast of HRT1, Orlando Hall


  • 21.15 DINNER

    For more on travel in Croatia, follow TCN's dedicated page.
Thursday, 28 October 2021

Happy 71st Birthday, Torcida! A Look Back on Hajduk Fan Group History

October 28, 2021 - Torcida, the oldest supporters group in Europe, celebrates its 71st birthday today. A look back on the Hajduk fan group history and how it all began.

One soul and two bodies, as the quote reads, best depicts how intertwined Torcida and Hajduk are. And today, Hadjuk's beloved fan group celebrates its 71st birthday, reports Slobodna Dalmacija.

For decades, October 28, 1950, has become as crucial in the history of Hajduk as the date of its founding on February 13, 1911. 


Namely, on October 28, 1950, a group of Hajduk fans organized in Zagreb, with students from Dalmatia, and made their way to Split. The next day, Hajduk played the decisive championship match against Red Star (Crvena Zvezda). Hajduk ultimately won 2:1 and thus became champions with goals by Bernard Vukas and Božo Broketa. It was a famous title for Hajduk, which they clinched without a defeat.

But why 'Torcida'? In the summer of 1950, when the World Cup was played in Brazil, five Hajduk members (Vladimir Beara, Bernard Vukas, Božo Broketa, Ervin Katnić, and Ivo Radovniković) were part of the Yugoslavia national team. They spoke about the chants and cheering they experienced in Rio de Janeiro, at the Maracana, the pride of Brazil, and the largest stadium in the world.

"Those fans in Brazil, their name is Torcida, and they make such a loud noise that at the start of the game, you are immediately at a loss. It is difficult to resist that and get a favorable result in that atmosphere!"

Those words published in the press drummed in the ears of Dalmatians. As a result, Vjenceslav Žuvela, a student from Korčula, became the ideological leader of that first Zagreb gathering, leaving the capital for Split on a Hajduk fan train.


Today, Žuvela's grave on Korčula is regularly visited by delegations from Hajduk and Torcida. The fan group has become somewhat of a social movement with incredible influence on the Split club. And with its founding on October 28, 1950, Torcida is the oldest supporters group in Europe.

To follow the latest sports news in Croatia, follow TCN's dedicated page.

To learn more about sport in Croatia, CLICK HERE

Thursday, 28 October 2021

City Funds Free Menstrual Products for Rijeka Schoolgirls

October 28, 2021 - The city of Rijeka will fund free menstrual products for Rijeka schoolgirls from next semester! 

Free menstrual products will be available to students in Rijeka elementary schools founded by the City of Rijeka from the next semester, Deputy Mayor Sandra Krpan announced on Wednesday, reports

The city administration has earmarked HRK 200,000 from the city budget for this next year.

Deputy Mayor Goran Palčevski pointed out that introducing hygiene supplies in schools is a step towards the planned introduction of health education in elementary schools in Rijeka.

The project was inspired by the success of Civic Education, with the Rijeka model being adopted in many other areas in Croatia, he said.

Palčevski stated that by the end of the current term, the city authorities plan to prepare a health education program and then introduce it in schools in the second term.

The introduction of free menstrual products in schools was prompted by the city government's research by the PaRiter association, which showed that some girls do not have access to hygiene supplies.

The program coordinator for women's rights and reproductive justice in the PaRiter association, Marinella Matejčić, warned that the problem is the lack of hygienic conditions in schools, such as garbage cans, but also hot water and soap in some schools.

PaRiter also confirmed on Facebook that the City has decided to introduce free sanitary pads for girls.

"Now at 10 am, the City of Rijeka is announcing important news - it will introduce free menstrual products in all elementary schools in the city! We are incredibly proud that our research #AuntPeriod has received such proactive reactions.

However, we still hope that the Croatian government will soon understand the unambiguous messages to the public and reduce the menstrual tax to #5 percent, to reduce social inequality, remove sexism from the law, and show that they are ready to give up misogynistic levies," the PaRiter Association, an association for human rights and civic participation, posted on Facebook. 

For more, make sure to check out our dedicated lifestyle section.

Thursday, 28 October 2021

Four Croatian Ministries and Employers Popularising 5G Network Development

October the 28th, 2021 - Four Croatian ministries, as well as several employers, are working to popularise the continued development of the 5G network.

As Poslovni Dnevnik/Marija Brnic writes, in order to encourage public debate on the activities of development of electronic communication networks and the introduction of fifth generation (5G) networks, the Croatian Employers' Association (HUP) and four Croatian ministries, more precisely the Ministry of Economy, Health, Transport and Infrastructure, and Spatial Planning, Construction and State Property, as well as HAKOM, all signed a Cooperation Agreement on the progress and economic competitiveness of the Republic of Croatia.

The aforementioned cooperation will include informing the public about the impact of digital infrastructure on education, health, industry, research and development, agriculture, transport and energy, and educating people on measures to protect against non-ionising radiation and the impact of modern technology on human health.

We're witnessing the benefits of digitalisation on a daily basis, the signatories agreed, and they came to the fore especially in the conditions of the coronavirus pandemic and the earthquakes of 2020, during which a big step forward was made, from enabling work and studying from home to the trade sector.

The blossoming Croatian ICT sector is continually recording double-digit growth, and as the vice president of HUP ICT Association, Tomislav Makar, pointed out, without the development of the 5G network there can be no accelerated transformation of the private and public sector, connecting rural and island areas with urban ones.

For the Minister of Construction, Darko Horvat, broadband networks are a precondition for attracting greenfield investments, and in his department the adjustment follows through amendments to the laws on physical planning and construction.

In addition to green policy, digitalisation is a key component of the new financial perspectives of the EU as a bloc, for whose incentives projects must meet the criterion of contribution to digitalisation of 20 percent, as was explained by State Secretary at the Ministry of Economy and Sustainable Development, Mario Siljeg.

The development of 5G infrastructure at the EU level is also being defined by a special action plan, which aims to achieve its wide implementation in cities and traffic routes in all member states by the year 2025.

The Slavonian city of Osijek is the first 5G city in all of Croatia, and this initiative will contribute to the expansion to other areas, Minister of Transport Oleg Butkovic is convinced.

For more, make sure to check out our dedicated business section.

Thursday, 28 October 2021

CDC Says No to Travel to Croatia: Country Considered High Risk

October the 28th, 2021 - The CDC has recommended that people do not travel to Croatia as the country is now considered to be high risk for the contraction of COVID-19, the disease caused by the novel coronavirus, SARS-CoV-2.

As Poslovni Dnevnik writes, level 4 or high-risk countries are those that have had more than 500 cases of COVID-19 reported per 10,000 inhabitants over the last 28 days, according to the CDC.

“Avoid travelling to these destinations. If you do have to travel to these destinations, you should be fully vaccinated before travelling,'' advises the CDC, and this message now applies to travel to Croatia, which has seen a dramatic increase in infection cases over the last few days.

As many as 77 countries are on the CDC's list of high-risk countries due to their respective epidemiological situations, and Croatia has now unfortunately joined them, as reported by N1.

The CDC does not recommend that people travel to Croatia, and they point out that due to the current epidemiological picture here, even vaccinated people are at risk of infection and spreading the now numerous active new coronavirus variants.

Other popular tourist destinations on the list of high-risk countries are Jamaica, Turkey and Thailand, and among the European nations; Austria, Greece, Ireland, Switzerland and the United Kingdom. You can see the full list of countries to which travel is being discouraged compiled by the CDC by clicking here.

In addition, the CDC doesn't recommend international travel for unvaccinated people whatsoever, CNN reports. Travellers who are fully vaccinated are less likely to become infected and spread the virus further, but international travel still poses a risk to all, according to the CDC.

For more on travel to Croatia during the coronavirus pandemic, including border rules and the locations of testing centres and vaccination points, make sure to check out our dedicated COVID-19 section and select your preferred language.

Thursday, 28 October 2021

Croatian ACI Marinas Return to Pre-Pandemic Revenue Levels

October the 28th, 2021 - Croatian ACI marinas have been extremely popular ever since their arrival in the country, and with the coronavirus pandemic haven shaken the economy, it's more than encouraging to see that they have finally reached their pre-pandemic revenue levels.

As Poslovni Dnevnik/Marija Crnjak writes, thanks to the accelerated vaccination rollout and the highest standards of protection across all Croatian ACI marinas, as well as mitigation of epidemiological measures and the opening of borders in Croatia to tourists, the operating revenue of this chain of marinas increased by 20.1 million kuna in the third quarter of 2021, or 29 percent in the third quarter of last year, the company recently reported.

These results are at the level of the results achieved in the third quarter of the pre-pandemic record year of 2019. More specifically, ACI d.d. earned 88.7 million kuna in the third quarter of 2019, 69.4 million kuna last year, and 89.5 kuna million in the third quarter of this year.

"Looking at these results, with special emphasis placed on the results achieved in the third quarter of this year, we can say that we're extremely satisfied. All the activities we undertook to prepare for the tourist season, with the priority having been the health and safety of both our employees and our guests, ensured an increase in operating revenues and the season in the wake of 2019, which is something we'd wished for.

With the end of the nautical tourism season for this year and the beginning of its preparation of the next season, it should be emphasised that we're going ahead with the complete reconstruction of the breakwater on Korcula, and that we had investments that began after the end of the season - primarily in the Croatian ACI marinas of Dubrovnik, Trogir, Zut and Piskera, Rab, Milna and Vodice, which all represent significant investments.  All of the above, as well as new projects launched during the year, indicate the dynamic period the company is currently in,'' said the director, Kristijan Pavic.

ACI also noted that this year, they established a joint company with GITONE Kvarner, which operates within the Lurssen Group. ACI-GITONE has applied for a concession for the construction and economic use of the nautical tourism port Porto Baros in Rijeka, the future ACI marina Rijeka, which is also the largest and most important nautical project in the history of the Republic of Croatia.

For more, make sure to check out our dedicated business section.

Thursday, 28 October 2021

Another Peljesac Bridge Construction Site Pops Up as Completion Nears

October the 28th, 2021 - Yet another Peljesac bridge construction site has popped up as the final completion of this massive strategic project draws ever closer and the final touches are dealt with.

As Poslovni Dnevnik writes, after what seems like an eternity of talking and then constructing, the works on Peljesac bridge have entered their final phase. Another very important Peljesac bridge construction site has now popped up and been opened next to the bridge itself - the sewage system from Komarna to Duboka.

''We've done 350 metres of the canal and now we're waiting for the entrance to the construction site next to the bridge itself. From there, we're left to connect across the road and descend towards Duboka,'' Ante Jukic, the construction site manager, told HRT.

''I must point out that we've received a valid permit for the use of this section to Duboka, and all of the preparations are underway to connect it all, ie, to connect those facilities that gravitate along the main pipeline,'' said Smiljan Mustapic, the mayor of nearby Slivno.

The connection of the facility to the system in Klek, Duboka and Komarna should start functioning in March next year, because a secondary network has already been built in the streets located directly by the shoreline.

''We've now got until next summer to solve this problem of our bay and then to continue with further development,'' emphasised Stipan Parmac from Duboka.

''We know that every day there are bigger and bigger capacities in the place itself. There's an increasing influx of tourists and I must say that it is to be commended,'' said Mate Dragobratic from Komarna.

Slovenian tourists, including the mayor of Ljutomer, have also been coming to see Peljesac bridge construction site as works have progressed. The bridge thus provoked a spontaneous meeting between the two municipal leaders.

''It's a good bridge because it was designed by a man from Slovenia. Bravo Croatia for building it,'' said Olga Karba, the mayor of Ljutomer, Slovenia.

''We've exchanged numbers and I hope there might even be a possibility of twinning,'' added Smiljan Mustapic, the mayor of Slivno, in response to the Slovenian mayor's comments on Croatia's largest strategic project which will finally unite the extreme south of Dalmatia with the rest of the country's territory.

For more, make sure to check out our dedicated business section.

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