Business

Friday, 5 August 2022

Record Low Unemployment Rate in Osijek-Baranja County

August 5, 2022 - Croatia has for a long time had a dynamic relationship with employment, even more so the east of the country. Encouraging news of record low unemployment came in from Osijek. As SiB writes, according to the latest data from the Osijek Regional Office of the Croatian Employment Service, at the end of June this year, 13,951 unemployed people were registered in the Osijek-Baranja County. That is 1.7% less than the previous month and 7.0% less than in June 2021. Since registered unemployment has been monitored on a statistical level, it has never happened that the number…
Friday, 5 August 2022

PicoPACK: Neglected Knin Making Entrepreneurial Comeback

August the 5th, 2022 - Knin in inland Dalmatia has unfortunately been left to ''go to the dogs'' in the economic sense, but the arrival of PicoPACK's new entrepreneurial centre and factory could see that neglect overturned. As Poslovni Dnevnik/Darko Bicak writes, despite being one of the most economically deprived and neglected parts of the entire country, every year at the beginning of August, on the occasion of Victory Day and the Day of Croatian Veterans, the City of Knin comes into the public spotlight. This isn't only in the historical and political sense, but also in an economic one.…
Thursday, 4 August 2022

Formula 1 Legend Nico Rosberg Takes Delivery of First Rimac Nevera (VIDEO)

August 4, 2022 - Croatia does not produce many cars, but when it does... Mate Rimac announced that Formula 1 legend Nico Rosberg has taken delivery of the first Rimac Nevera. Twelve years ago, a young Croatian called Mate Rimac was driving a car that would not have looked out of place in the hit British TV show, Only Fools and Horses. But in contrast to Del and Rodney's attempts to achieve financial independence through a variety of get-rich-quick schemes, Rimac has been very focused on his project. A project that has seen his company become Croatia's second unicorn, with…
Thursday, 4 August 2022

Looking for a Job in Croatia? This Week's Top 10 from Posao.hr (August 4, 2022)

July 30, 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, 4 August 2022

HND and SNH Concerned over Mass Dismissals at Una TV

ZAGREB, 3 August, 2022 - The Croatian Journalists' Association (HND) and the Croatian Journalists' Union (SNH) have expressed regret over mass dismissals of reporters, camera operators, sound engineers, producers and other workers at the Zagreb office of Una Television. "We share the concern for the livelihoods of about thirty of our colleagues, all well-respected media workers who have not breached any professional standards in their work," the two organisations said in a joint statement on Wednesday. Announced as a major regional project based in Banja Luka, Bosnia and Herzegovina, Una TV started operating last December. However, it is not broadcasting in Croatia…
Wednesday, 3 August 2022

Končar Continues Manufacture of Diesel-Electric Trains for HŽ Passenger Transport

ZAGREB, 3 August, 2022 - The Končar - Electric Vehicles company and Croatian Railways - Passenger Transport (HŽPP) on Wednesday signed an annex to a contract for the manufacture of seven diesel-electric motor trains, HŽPP said. The manufacture of the seven new trains will be financed by a EUROFIMA loan of €31 million. The diesel-electric motor trains will operate in regional transport. The first of the seven trains should be delivered in 24 months, after which delivery of one train per month is expected. The new diesel-electric trains are needed to upgrade services on non-electrified lines. The new diesel-electric motor trains will…
Wednesday, 3 August 2022

Tomislav Fain: Private Renters Not Registering Around 40% of Tourists

August the 3rd, 2022 - Tomislav Fain, the president of the Croatian Association of Travel Agencies, has claimed that private accommodation renters/landlords renting out their properties to tourists during the summer season aren't bothering to register as many as 40 percent of their guests via the eVisitor system at all. As Poslovni Dnevnik writes, the problem being currently faced by the wider area of Zadar County is illegal accommodation renters and illegal work/earning in this sector. The president of the Association of Croatian Travel Agencies, Tomislav Fain, has recently stated that up to forty percent of guests are staying in…
Wednesday, 3 August 2022

Croatian Accommodation and Hospitality Sectors Enjoying More Traffic Than 2021

August the 3rd, 2022 - The Croatian accommodation and hospitality segments of the overall tourism sector are enjoying more traffic than they did last year when concerns about coronavirus restrictions and lockdown worries continued to prevail. As Poslovni Dnevnik/Jadranka Dozan writes, as usual, the fastest barometer of consumption trends is the Tax Administration's data on the fiscalisation of issued receipts and bills/invoices, and during the height of the summer months, the figures related to the tourist season are always firmly in the foreground. They, on the other hand, say that tax payers from the tourism and catering/hospitality sector issued bills…
Tuesday, 2 August 2022

Croatian AD Plastik Contracts 31.2 Million Euro Job with Stellantis

August the 2nd, 2022 - The Croatian AD Plastik company has contracted a job worth a massive 31.2 million euros with the French-Italian enterprise Stellantis, and it isn't the first time it has succeeded in doing so. As Poslovni Dnevnik writes, the Croatian AD Plastik revealed last week that it has contracted new jobs for the European market worth a huge 31.2 million euros in total. "The AD Plastik Grupa (Group) has contracted new business with the buyer Stellantis for the European market, with expected revenues of 31.2 million euros and an expected duration of the project of seven years,"…
Tuesday, 2 August 2022

First Positive Monthly Financial Croatia Airlines Result Recorded in June

August the 2nd, 2022 - The very first positive monthly financial result for the enfeebled national carrier Croatia Airlines was recorded back during the month of June this year. As Poslovni Dnevnik/Darko Bicak writes, the operational loss of the Croatian national carrier Croatia Airlines (CA) during the first half of this year stands at an absolutely enormous 170.3 million kuna, and the net loss is 164.1 million kuna, despite the gradual recovery of demand and mainly due to the increase in fuel prices, Croatia Airlines announced recently. They pointed out from Croatia Airlines that the company's very first positive monthly financial…
Monday, 1 August 2022

EU Unemployment Rate at 6.0% in June, Croatia's at 6.3%

ZAGREB, 1 August, 2022 - In June 2022, the EU unemployment rate was 6.0% and the euro area unemployment rate was 6.6%, while in Croatia the rate was 6.3%, the European Union's statistical office, Eurostat, said on Monday. The EU seasonally-adjusted unemployment rate was 6.0% in June 2022, stable compared with May 2022 and down from 7.2% in June 2021. The rate for the euro area was 6.6%, also stable compared with May 2022 and down from 7.9% in June 2021. Eurostat estimates that 12.931 million men and women in the EU, of whom 10.925 million in the euro area, were…
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