Business

Wednesday, 17 August 2022

SMEs' Association Urges Govt Response to Gas Prices, Slams Zagreb Provider

ZAGREB, 17 August, 2022 - The nongovernmental organisation "The Voice of Entrepreneurs" (UGP) on Wednesday urged the government to immediately respond to the volatile situation on the gas market and to price hikes, or it would stage a protest in Zagreb's main square. The NGO issued a press release in which it warned that the unstable developments on the gas market resulted in multiple price rises, which is why micro, small and medium-sized businesses need the government's assistance and intervention. It also criticised new gas supply contracts which are being sent recently by the Gradska Plinara Zagreb distributor of gas supplies in…
Monday, 15 August 2022

FT Park - City of Zagreb to Get Brand New Shopping Outlet in 2023

August the 15th, 2022 - The up and coming FT Park is set to boost the bustling Croatian capital city's shopping centre offer, with ambitious plans to have it completed and see it open its highly anticipated doors to shoppers by the end of next year. If there is one thing that people tend to complain about when it comes to the increasingly popular Croatian capital city, it's the lack of large shopping centres. While the city absolutely has many shops, as well as the likes of Avenue Mall and the Arena Centre, which boast an array of shops, large areas…
Sunday, 14 August 2022

Mate Rimac Gives Video Tour of 1st Large Battery Production Facility

 August 14, 2022 - The other side of the Rimac business - supplying components for other car companies - is about to ramp up, as Mate Rimac gives a video tour of the first major battery production line. It is more than six years since we first featured Mate Rimac on TCN, painstakingly transcribing and then translating the 46 questions posed by occasional TCN contributor, Sasa Cvetojevic, from their interview on N1 television. You can read that very interesting interview here - Mate Rimac: Concept One is Just Our Flagship Product, Technology is Our Forte.
And while most of the…
Sunday, 14 August 2022

Maersk Launches Rijeka-Czech Republic Direct Freight Train Service

August the 14th, 2022 - Maersk has set up a Rijeka-Czech Republic service connecting this former industrial Northern Adriatic city and the town of Paskova in the Czech Republic. As Poslovni Dnevnik writes, the first direct freight, container and rail service from Rijeka to the Czech Republic has now been established, connecting the Port of Rijeka via the container terminal at Brajdica with the town of Paskova near Ostrava in the far east of the Czech Republic. Emmanuel Papagiannakis, executive director of Jadranska vrata, which manages the Brajdica terminal, emphasised that the Czech market is one of the most important…
Friday, 12 August 2022

Entain to Acquire SuperSport? 920m EUR Sale Likely for Largest Croatian Betting Company

August 12, 2022 - British betting group Entain has announced that it intends to buy 75 percent of SuperSport - the largest Croatian betting company and the title sponsor of the strongest class of Croatian club football - for 920 million euros.  SuperSport, which has a sponsorship contract with the Croatian Football Federation, and after which the strongest rank of domestic football, i.e., the national cup, is called, is the largest Croatian sports bookmaker. With a 54 percent market share and strong growth in the last five years, it is the market leader, reports Jutarnji List.  SuperSport was founded by Danko Ćorić,…
Friday, 12 August 2022

Only 56% of Registered Business Entities in Croatia are Active

ZAGREB, 12 August, 2022 - At the end of June 2022, there were 316,052 registered business entities in Croatia, of which 176,882 or 56% were active, the data from the national statistical office (DZS) shows. Of the total number of registered business entities, 238,572 were companies, of which 141,743 or 59.4% were active. There were also 73,924 institutions, bodies, associations, and organisations (34,322 active), cooperatives (817 active), and 93,393 sole traders and freelancers. More than half of the business entities were registered in wholesale and retail trade, 17.6% in motor vehicle and motorcycle repairs, 7.8% in the manufacturing industry, 10.2% in…
Thursday, 11 August 2022

First Direct Rail Container Service from Rijeka to Czechia Launched

ZAGREB, 11 August, 2022 - The first direct freight, container and rail service from Rijeka to the Czech Republic has been established, connecting the port of Rijeka via the container terminal at Brajdica with the Czech city of Paskov, the Adriatic Gate Container Terminal reported on Thursday. Adriatic Gate CEO Emmanuel Papagiannakis underscored that the Czech market is one of the most important European markets. "Currently, we have several regular weekly block trains from Rijeka to Serbia, Bosnia and Herzegovina, and Hungary, from where we are also connected to Slovakia," he said, stressing that the company appreciates Maersk's initiative to launch the new service,…
Thursday, 11 August 2022

Looking for a Job in Croatia? This Week's Top 10 from Posao.hr (August 11, 2022)

August 11, 2022 - Looking for a job in Croatia? A new weekly feature on TCN, in partnership with leading job site agency, Posao.hr, who present a selection of weekly job listings. How hard is it to find a job in Croatia, and what is on offer? We spoke to Ines Bokan, director of leading jobs site Posao.hr, who kindly took the time for this excellent interview overview.   Ines has kindly agreed to work with us on a new weekly feature on TCN - a weekly selection of 10 job listings, as chosen by Posao.hr.  Details and links to the…
Thursday, 11 August 2022

Self-employment Increase in Croatia This Year all Thanks to Women

August 11, 2022 - Employment in Croatia is always an interesting topic. The fluctuations of unemployment rates are in line with the tourist season, with the increase usually happening in August. This year's self-employment increase, however, all happened thanks to women who have started their trades or companies. As Poslovni reports, a streak of five months of consecutive reductions in the number of unemployed in the records of the Croatian Employment Service (HZZ) ended in July. At the end of last month, 109,571 unemployed people were registered, i.e., 3,772 more than the month before, and the first third of August…
Tuesday, 9 August 2022

Croatia's First Half-Year Exports Up by 35.6%, Imports by 51.8%

ZAGREB, 9 August, 2022 - In the first half of 2022, Croatia's commodity exports totalled HRK 90 billion, increasing by 35.6% on the year, while imports went up by 51.8% to HRK 152.5 billion, according to the Croatian Bureau of Statistics (DZS). The foreign trade deficit was HRK 62.4 billion and was HRK 28.4 billion higher year on year. Coverage of imports by exports was 59.1%, compared to 66.1% in the first half of 2021. In the first six months of this year, HRK 64.2 billion worth of commodities were exported to the EU (+42.3%), while imports reached HRK 112.3 billion (+44.1%). Exports…
Tuesday, 9 August 2022

Croatia Still Lacking Five to Ten Thousand Tourist Workers

August 9, 2022 - 1.2 million jobs in tourism are vacant in Europe, while in Croatia the number is surprisingly high, and there is a demand for between five and ten thousand tourist workers. This tourist season, 1.2 million jobs in hospitality and tourism in the European Union remained unfilled, with travel agencies being the most affected, followed by the aviation industry and the accommodation sector, and Italy has the biggest problem with a lack of workers. Croatia has somehow prepared and adapted for this season when it comes to large employers, and the most problems throughout the season are…
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