Business

Sunday, 12 June 2022

Could Croatian Bus Companies Introduce Smarter "German Model"?

June the 12th, 2022 - Could struggling Croatian bus companies, who have had very little help from the state and have been in troubled waters ever since the beginning of the coronavirus pandemic at the start of 2020 introduce the so-called German model? It seems the will is there. As Poslovni Dnevnik writes, ever since June the 1st this year, the German Government has been testing out a special model in which it has decided to stimulate public transport use and has offered a ticket of 9 euros per month for the use of both buses and trains. The reaction…
Sunday, 12 June 2022

Future ACI Marina Rijeka to Transform Entire Kvarner Region

June the 12th, 2022 - The Kvarner of the Future conference was held in Rijeka recently, where the upcoming extremely modern marina, ACI Marina Rijeka, was discussed. As Morski writes, a large conference was held at the Rijeka terminal where experts from the maritime industry, shipbuilding, digitalisation and other key people in Croatian tourism and maritime affairs gathered. They were led by representatives of the Lurssen Group and ACI, who presented projects whose implementation will change the face of Kvarner in the next few years. One of the most important topics was the future ACI Marina Rijeka, which will be…
Saturday, 11 June 2022

Very Few Croatian Workers at Country's Construction Sites

June the 11th, 2022 - Croatian workers at construction sites up and down the country are becoming a rarer and rarer sight with imported labour now the forced choice of many as the demographic crisis makes Croatian workers illusive. As Ana Blaskovic/Poslovni Dnevnik writes, the rise of the property market has gained additional momentum with continued inflation, and the dynamics of price growth are increasingly causing disbelief. Buyers and sellers are wondering how long this will go on for, each from their own angle calculating the optimal time to sign a contract, and experts warn that problems are still accumulating.…
Saturday, 11 June 2022

Conference Held on Untapped Slavonian Potential, Green/Digital Transition

June the 11th, 2022 - A recently held conference discussed untapped Slavonian potential, looking more deeply into this wrongly overlooked part of the country and exploring what the green and digital transition(s) could mean for it. As Poslovni Dnevnik writes, the Agency for Sustainable Development of the Municipality of Antunovac held a conference on untapped Slavonian potential, organised by the International Network of Business Women and the Croatian Association of Employers of the Osijek Regional Office. "This is a fantastic topic for Slavonia, but also for Croatia in general, because a lot of funds will be available. Digitalisation and the…
Saturday, 11 June 2022

HZ Cargo Employs RailPRO System for Customer and Employee Savings

June the 11th, 2022 - The Croatian national railway carrier HZ Cargo has implemented the RailPRO system which digitises and modernises its business processes, which in turn enables savings and brings benefits for customers and employees alike. As Poslovni Dnevnik writes, the RailPRO solution has been developed by a Croatian IT company, and HZ Cargo has the exclusive right to use it here in the country. The key novelty of this new system is the ability to view the current situation on the ground in real time, so you know at any time where which train is, which cargo is…
Friday, 10 June 2022

Croatian Companies Can Get Involved In Solving Chip Shortage

ZAGREB, 10 June 2022-  The Ministry of Economy and Sustainable Development has invited Croatian companies to express interest in microelectronics projects and to be engaged in solving the problem of chip shortages and reducing dependence on imports from Asia, the Croatian Chamber of Commerce (HGK) said on Friday. HGK and its Microelectronics and Semiconductors Group initiated the inclusion of Croatian companies in the European IPCE program (Important Projects of Common European Interest), which was achieved in coordination with the Permanent Representation in the EU and the Ministry of Economy and Sustainable Development. According to HGK, Croatian companies are also contributing to the efforts to…
Friday, 10 June 2022

4 In 5 Companies Would Pick Croatia Again As Business And Investment Destination

ZAGREB, 10 June 2022 - A survey by the German-Croatian Chamber of Industry and Commerce (AHK) shows that over 80% of the companies are ready to pick again Croatia as a business and investment destination. The survey, conducted by the AHK from 25 February to 26 April in 16 central and eastern European countries, shows that the biggest challenges for entrepreneurs are high energy prices and a lack of skilled labour force. The poll covered a total of 983 companies, including 105 local and foreign companies in Croatia. Presenting the findings of this year's survey, AHK Chamber president Thomas Sicla said that "a high…
Friday, 10 June 2022

Massive 52 Million Euro Project to Begin Transformation of Vis Island

June the 10th, 2022 - A massive 52 million euro project is set to begin the transformation of gorgeous Vis island, bringing it up to a far higher level when it comes to tourism. As Poslovni Dnevnik/Marija Crnjak writes, with a huge investment of 52 million euros in the construction of a new exclusive hotel in Komiza and bringing Marriott's lifestyle brand Autograph Collection to the Republic of Croatia for the veru first time, the company Modra spilja (with the majority shareholder being PFZ Croatia osiguranje) will initiate the transformation of Vis island. On the site of the bulky concrete…
Friday, 10 June 2022

New Croatian Oil Reserves Found, Exploitation to Begin Shortly

June the 10th, 2022 - New Croatian oil reserves have been discovered, and exploitation is set to begin shortly. As the country attempts to gain energy independence, this is no small piece of news. As Poslovni Dnevnik writes, Marijan Krpan, President of the Management Board of the Hydrocarbons Agency, spoke about the situation on the oil market (which includes its derivatives) for HTV. He said that there had been no disturbances in the fuel supply, and enumerated the discoveries of new Croatian oil reserves. He also touched on distributor reactions: "People's reactions are in regard to high prices, we can talk…
Thursday, 9 June 2022

Falkensteiner Hotel Group Plans €300m Investment in Croatia

ZAGREB, 9 June 2022 - The Austrian hotel and tourism group Falkensteiner (FMTG) plans to invest around €300 million in Croatia in the next five years in destinations it already operates in, Zadar and Punat on the island of Krk, the group's co-owner and executive director, Otmar Michaeler, told reporters on Thursday. The meeting with the press was organized on the occasion of the group's 65th anniversary and Michaeler underscored that Croatia, where they have been operating in tourism since the early 2000s, is one of the most important countries for their growth out of a total of seven countries in which…
Tuesday, 7 June 2022

EIZ: Labour Demand in May Exceeds Pre-Pandemic Levels

ZAGREB, 7 June 2022 - The Online Vacancy Index (OVI) has been rising for 15 consecutive months -- in May 2022, labor demand was 43% higher than in May 2021 and 25% higher than in May 2019, so labor demand has significantly gone up compared with the pre-pandemic period, the Zagreb Institute of Economics (EIZ) said on Tuesday. The seasonally adjusted index for May, the EIZ said, indicates a 7% increase compared with the seasonally adjusted index in April this year. According to EIZ analysts, like last month, these positive trends are also the result of preparations for the coming…
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