Friday, 28 January 2022

Rimac's Project 3 Mobility Planning New Project, Preparing for Employment

January the 28th, 2022 - Croatian entrepreneur Mate Rimac's company, Project 3 Mobility, is planning a new project and requires quite a considerable amount of new staff for that. Project 3 Mobility is, as such, planning further employment in the near future.

As Poslovni Dnevnik writes, while Rimac and Porsche continue to develop their electric hypercar, as well as plans to develop the automotive giant Bugatti in the direction of electrification - his other large company, Project 3 Mobility, was founded for a controversial robotics taxi development project in Zagreb backed by the European Union (EU) this year. It could create a significant number of new jobs.

This was revealed by the Project 3 Mobility company's co-founder and director of operations Marko Pejkovic, according to a report from Poslovni Puls.

“I know that the year 2024 sounds unrealistic for launching something like this, but so did the current status when we launched Project 3 Mobility two years ago. Aside from a few short answers given by Mate, we don’t want to talk or reveal too much about the details of what we’re doing until it’s ready. Not because we have something to hide, but because very soon after the presentation, you'll be able to try out the service yourself, and not wait for two or three years. Firstly in Zagreb before the end of 2024, and then across many other cities in the world. Our team will grow from the current 80 people to 230 by the end of the year. Those people will be mostly from Croatia.''

"We're publishing the positions here and also soon on the new website. If doing things that most people might find impossible is something that motivates you, consider applying for a job. We don't offer table football or the use of a Playstation, but the opportunity to fundamentally improve a 100-year-old industry and the way in which we move and live,'' Pejkovic announced on his Linkedin profile.

For more, check out our dedicated business section.

 

Wednesday, 5 January 2022

Austrian Die Presse Praises Mate Rimac for Dogged Determination

January the 5th, 2022 - The Austrian Die Presse newspaper has praised Croatian entrepreneur Mate Rimac's strong will and determination, referring to him as a total outsider to the automotive world until recently.

As Poslovni Dnevnik writes, the Austrian Die Presse newspaper recently published an article entitled Croatian wunderkind must explain some things in which it writes about the "pioneer of electric motors Mata Rimac", who has ''amazed the professional world, as well as his compatriots."

The Austrian Die Presse publication writes that Rimac was initially a total outsider in the automotive industry.

“University professors told me ten years ago that it's impossible to produce a car in Croatia. And they were right - it was impossible,'' Rimac told Die Presse.

With his creative thirst for innovation, improvisation and his dogged determination and sheer strength of will, the young entrepreneur, who was born in Livno, Bosnia and Herzegovina in 1988, growing up in Frankfurt, annulled all the laws of the capital-intensive car industry, and he did so in Croatia, a country that was nobody and nothing in the automotive context,'' believes the Austrian paper.

"Everything is impossible until someone does it. I wanted to show people that electric cars can be faster than conventional ones,'' Rimac told the Austrian Die Presse.

The Austrian paper writes that the Rimac Group, with its 1,100 employees, "has long since flourished into an innovative development laboratory serving international automotive companies for high-performance electric motors, propulsion systems and batteries".

"Since the takeover of Bugatti back in July, Porsche's partner Rimac has established strength in the automotive industry," the Austrian paper noted. After moving the company to the futuristic Rimac Campus, which is planned for 2023, Die Presse writes, the company's workforce is expected to increase to 2,500 employees.

The Austrian paper also noted that Rimac has so far produced just under twenty prototypes of his electric sports car, the famous Concept One, and the Nevera is planned for a limited series production of 150 cars.

"The value of the Rimac Group, which has risen sharply thanks to the share of international corporations, is already estimated at two billion dollars," writes Die Presse.

“Rimac delights his business partners and compatriots not only with vegetarian menus in the company's canteen and with open offices adapted for dogs. A casual looking bearded man, without a tie, but wearing trainers, announced his entry into Bugatti together with the bosses of Porsche,'' writes the Austrian Die Presse, pointing out that Rimac is present on social media and that he continues to showcase his "almost childish joy in driving fast cars".

"Experts consider the positive effects of Rimac's success for this Adriatic country to be enormous," the Austrian paper said. Porsche has, as we know, entered into a joint venture with the Zagreb-based IT company Infinum and is now taking over majority ownership of e-bike maker Greyp, which was also founded by Mate Rimac, according to the paper.

"Thanks to Rimac, Croatia is no longer perceived only as a country with a beautiful coastline and good food, but also as a country with a positive investment climate and innovation,'' said marketing expert Petar Tanta, as published by Die Presse.

For more, check out our dedicated lifestyle section.

Monday, 3 January 2022

Rimac Offering €1000 to Anyone Who Recommends Someone He Employs

January the 3rd, 2022 - Mate Rimac is Croatia's shining star when it comes to entrepreneurship, having shown that anything is possible in Croatia, despite the many barriers to success in his field. He has even turned the eyes of the demanding automotive world to Croatia, who wouldn't have given this country as much as a second glance otherwise. Porsche is now firmly tied to the country through him.

The Livno-born businessman who is the head of the currently Sveta Nedelja-based Rimac Automobili, is now offering a very handsome 1000 euro amount to anyone who recommends a person they end up deciding to employ in another move in which he is giving back to people.

As Poslovni Dnevnik writes, the entrepreneur is looking for new employees, and he is looking for candidates through recommendations. Anyone can recommend someone, and should they get lucky and get hired by the company, they'll have 1000 euros show up in their bank account. A nice surprise indeed for the one month of the year (January) in which everyone feels skint.

Anyone who refers to a candidate who is eventually hired by this enterprise will receive a 1000 euros cash - whether or not that person is employed by the Rimac Group or not.

“As we expand our project work for many global automotive companies, we're expanding at all levels. Anyone who nominates a candidate we hire in the end will be rewarded with 1000 euros (gross) - regardless of whether they're an employee of the Rimac Group or not,'' wrote Mate Rimac on his Facebook page.

Rimac is looking for experienced procurement and logistics experts who can take responsibility for challenging, large projects.

"Managing the requirements of such complex projects is not something for beginners, so please don't waste your and ours with recommendations for unskilled people," Rimac concluded in his Facebook post.

For more, check out our dedicated business section.

Saturday, 18 December 2021

Mate Rimac and Fabris Perusko Awarded for Economic Contributions

December the 18th, 2021 - Mate Rimac and Fabris Perusko have both been awarded for their massive contributions to the Croatian economy recently. Rimac is known for his role as the main man of Rimac Automobili and Fabris Perusko has headed Fortenova (formerly Agrokor) for a while now, bringing the massive company back from the brink.

As Poslovni Dnevnik/Stela Lechpammer/VL writes, for the first time back in 2017, then again in pre-pandemic 2019 and once again now in 2021, Mate Rimac was named Businessman of the Year for the third time by the expert jury in the prestigious selection "Businessman and Economic Event of the Year" organised by Vecernji list and Poslovni dnevnik for the sixth year running.

Along with Rimac, but according to the readers' choice, the title was also taken by the CEO of Fortenova Group Fabris Perusko, while the economic events of the year were the growth of merchandise exports and industry according to readers and the results of the tourist season according to experts.

"The members of the jury are renowned journalists and editors from the most influential Croatian media, deans of economic faculties and representatives of professional associations. Throughout the year, they monitor who the businessmen and economic events that are changing Croatia for the better are. Therefore, they proposed five people and events for which our readers could vote, and we traditionally award four prizes, for a person and an event chosen by the jury and the audience,'' said Dražen Klaric, editor-in-chief of Vecernji list at the Esplanade Hotel in Zagreb.

Along with Mate Rimac and Fabris Perusko, Gordan Kolak, CEO of Koncar Elektroindustrija, Martina Dalic, the now President of Podravka, and Roberto Kutic, Silvio Kutic and Izabel Jelenic, the co-owners and co-founders of Infobip, were all nominated for the Businessman of the Year award. The jury finally concluded that the takeover of Bugatti by Rimac Automobili is without a doubt a historic event for Croatia and that Rimac deserves the title.

"For Rimac Automobili, this year has been really intense. In addition to the founding of Bugatti Rimac, there's also the presentation of the Nevera car, the start of construction of the new Rimac campus and the arrival of 300 new employees. We still have a lot of plans and we're looking forward to revealing them to you next year,'' said Marko Brkljacic from the company, who accepted the award on behalf of Mate Rimac.

Readers gave the most votes to Fabris Perusko, who in 2021 continued the process of transforming the largest Croatian business system, Fortenova. This was also felt in the results, and Fortenova generated 12 billion kuna in revenue in the first half of the year, 35 percent more than last year. Fabris Perusko said that the key is in a good team he works with.

"All of these stories create a very good motivation and send out the message that even in the conditions of the coronavirus pandemic in Croatia, positive economic stories can be created," said Fabris Perusko briefly.

When it comes to the economic event of the year in Croatia, readers decided that it is the growth of merchandise exports and industry which should be awarded. This year, the good results achieved even in the pandemic by Croatian industry and domestic exporters were highlighted. Every seventh company, about 20,000 of them, tried to export, and exports increased by a quarter during the year. The award for the category was taken by the Minister of Finance Zdravko Maric.

“It's a great honour for me to receive this award, but we all know very well that it was received primarily on behalf of exporters and private sector enterprises. Exporters are the lifeblood of the Croatian economy and it's certainly the most challenging segment of their business because they have to compete out there on the global market. It isn't easy to produce goods or services and sell them on such a competitive market,'' said Maric, concluding that in 2021, the Croatian Government was of great importance for the success of the economy following its quickly implemented economic measures. Other nominated events were the growth of Croatia's credit rating, the adoption of the National Recovery and Resilience Plan, Rimac's takeover of Bugatti and the results of the excellent 2021 summer tourist season, and the latter was chosen as the most important by experts. Minister of Tourism and Sport Nikolina Brnjac pointed out that the synergy of the Croatian Government and the private and public sectors was of paramount importance for this success.

"We'll continue in 2022 the way we did this year, and we're turning to the funds from the National Recovery and Resilience Plan. Our goal is to have year-round sustainable tourism and we'll move in that direction,'' said Brnjac. Everyone agreed that this year's tourist season was above all expectations. The eleven-month period ended with 13.5 million guests, who achieved 83.5 million overnight stays. It is expected that foreign exchange earnings from tourism in 2021 exceed the figure of eight billion euros.

For more, check out our business section.

Wednesday, 8 December 2021

Mate Rimac: We Want to Develop Profitable Company, Create Something New

December the 8th, 2021 - Mate Rimac has done more to show the world that it is very much possible to succeed in Croatian entrepreneurship than anyone else. Perhaps Ivan Mrvos comes a close second, but for the automotive world which would never have given the country a second look, what he has done is truly historic.

As Poslovni Dnevnik/Zoran Vitas writes, after a joint venture with Bugatti and the creation of the new Rimac Group, Mate Rimac and his dedicated team have a much harder job on their hands in Sveta Nedelja near Zagreb than they did before. When the German Manager Magazine announced that it was considering going public with an expected estimated value of five billion euros, a lot was written about that possibility.

It was even mentioned by Lutz Meschke, Deputy Chairman of the Executive Board and a member of the Finance and IT Management Board at Porsche AG. One day an IPO would make sense.

''Mate Rimac must first implement his company's operational plan, but he can count on our support,'' said the leader of the cult German company.

Mate Rimac explained back in November for Automobilwoche what the implementation of such an operational plan means. He was short and clear - profitability. That is, significantly improved profitability.

“At Bugatti Rimac, we're focused on profitability. We don't want to rush, but instead we want to give ourselves time to prepare everything thoroughly. This could be done in 5-10 years,'' said Mate Rimac about the brand with which, realistically, Volkswagen had some trouble.

"It would be easiest to take the Nevera, redesign it and call it Bugatti. But that is absolutely not what we're going to do,'' Rimac repeated. When Bugatti's last Chiron leaves the factory in Molsheim, it will be Bugatti's turn,'' which, as he said during Ursula von der Leyen's visit, makes the most sense.

“Porsche runs on carbon-neutral or even positive fuel because of the way it is produced. In the medium term, it would make the most sense for Bugatti to be a hybrid. It is true that Porsche wanted us to go to electricity immediately, but we said that we'd like to work with petrol engines for some time to come, with a new generator. But that's where I'll stop,'' said the head of Bugatti Rimac, stating that they have been working on the development of the new Bugatti in Croatia for a year now.

"We want to make a profitable company, but we won't recycle anything. We will not redesign the Chiron and thus make a new model, or just hybridise it, we're developing an entirely new product. And that product will still have an internal combustion engine. We're also looking at it in the long run knowing how Bugatti has known diversity throughout history that can be used not only to make hypercars. It's an opportunity to produce different and exciting cars that will be both electric and electrified. We'll have fully electric Bugattis in a decade,'' Mate Rimac said in conversation with the British Top Gear.

For more, check out Made in Croatia.

Saturday, 4 December 2021

Rimac Bugatti Takeover is Historic for International Image of Croatia

December the 4th, 2021 - The Rimac Bugatti takeover is an absolutely historic event for the Republic of Croatia in terms of placing the country best known for tourism, football and little else on the global business map.

As Poslovni Dnevnik/Zoran Vitas writes, it goes without saying that the Rimac Bugatti takeover is an enormous deal for Croatian business and entrepreneurship. Until just a few years ago, Mate Rimac himself wasn't sure of the fate of his company, and look at him now.

“I'm honoured to be able to lead a new company that joins the forces of the two brands and begin what will be a successful, revolutionary and exciting new chapter for all involved. I'm very curious to see the impact that Bugatti Rimac will have on the industry and I'm looking forward to developing innovative new hypercars and technologies. It's difficult to find a better combination than Rimac and Bugatti. What each side brings in terms of technical expertise, knowledge and history of car development is a perfect recipe. The agility and innovation of Rimac Automobili is the perfect complement to Bugatti's history in designing and manufacturing hypercars that set new standards. We've already started developing new models that we can't wait to present to the public when the time is right,'' said Mate Rimac about the creation of the new company.

It was an important part of Prime Minister Andrej Plenkovic's presentation to French President Emmanuel Macron during his visit to Zagreb last week and today, Rimac is a Croatian model for the rest of the world. As he should be. His personal philosophy is - if you can't be the best at something, then don't do it. Working with Porsche is multi-layered and demanding, as well as very ambitious, as well as dynamic. 

The Rimac Bugatti takeover is something for the history books, and it is high time Croatia had something to add to those which lies outside of the bounds of sportsmanship and tourism.

For more on Croatian entrepreneurs and Croatian companies, check out our dedicated business section.

Sunday, 28 November 2021

Far Right Former Split Councillor Martin Pauk Tries to Justify Rimac Attack

November the 28th, 2021 - Former Split councillor Martin Pauk, known for leaning quite far to the right of the political spectrum, has attempted to justify the recent attack on Mate Rimac's foreign employees by claiming that the entrepreneur is paying them less than what the average Croatian worker would earn and stating that that is why Croats are annoyed. The Livno-born businessman fired back with some facts, which are rather embarrassing for Pauk.

As Index writes, former Split councillor Martin Pauk, known for his right-wing views, commented on the post of Croatian innovator and entrepreneur Mate Rimac, who announced on Facebook that his foreign colleagues faced racist abuse and were beaten up in Zagreb.

"Bravo Mate, you legend, you only import labour that will work for 50% of the pay a Croat would work for, and then you wonder why Croats feel cheated and exploited," he wrote. He added that the violence was an "unintended consequence", but then continued to justify the attack.

"After all, Mate, you're also from Bosnia and Herzegovina, so you know first hand that there can never be prosperity and peace in a multicultural society precisely because of the different principles and culture according to which different peoples live," former Split councillor Martin Pauk wrote, among other things, and for some odd reason.

"What is it? Are there no lads from Zagreb, Osijek or Split who have graduated from technical school and are qualified to work in your company? Ah, yes, of course there are at least 10-15 classes of people who have qualified for that in this generation alone, but they don't want to work for peanuts so that their boss could buy two million euro houses and half a million euro cars,'' he wrote further.

Rimac's response to the bizarre insults dished out by Pauk soon arrived...

Rimac: Oh you narrowminded man, you've never even laid eyes on the amount they earn in one year.

"What are you talking about, you narrowminded man? People who have worked at Tesla, Apple, Ferrari, Porsche, they work for me... You've never even seen the amount they earn in a year with me. In my companies (Rimac Grusa, Bugatti Rimac, P3 and Greyp) we employ over 1,600 people, of whom 80+ percent are Croats,'' Mate Rimac replied.

The obviously bored Pauk then attempted to enter into yet another discussion below Rimac's social media announcement, with one companion of Mate Rimac. Rimac answered him there as well.

"Martin, take a running jump with your right-wing crap from my profile,'' he wrote.

It's worth mentioning that the former Split councillor Martin Pauk has had his hardly commendable moments of media attention too, when he called on people to throw pork scratching at (primarily Muslim) migrants, statements that machine guns should be placed on the borders because of those same migrants, and justifications of violence against Serbs or other migrants. While he was a councilor, he participated in the online session by smoking and drinking in front of the camera, another move which showcases pure class (yes, that's sarcasm).

To follow more Croatian news, click here.

Saturday, 27 November 2021

Rimac Automobili Employees Attacked in Zagreb

ZAGREB, 27 Nov, 2021 - Rimac Automobili owner Mate Rimac said on Facebook on Saturday that a group of young man physically attacked his foreign colleagues in the centre of Zagreb last night and police confirmed being notified about the attack.

"Is it possible that this happened in Zagreb?! I'm shocked and sad," Rimac said in a post.

He said he spoke to the victims and that they said they had seen a group of young men shouting "Go back to where you came from. What the f'uck are you doing in Croatia" as well as swearing.

"Our employees tried to avoid a conflict, they crossed the street and hurried, but the attackers caught up with them and started a physical showdown," wrote Rimac.

He said the group attacked five or six Rimac Automobili employees near the Croatian National Theatre, adding that one person had their nose broken and that another had a milder concussion.

Rimac said one of the things his company always underlined to the candidates they attracted from all over the world was that Croatia was a safe country where foreigners were not looked upon as second-rank citizens.

"This is a single incident by a group of uneducated idiots who, I hope, won't change the perception of the foreigners who came to build their lives in Croatia. I hope the police will do their job promptly and efficiently and that we will all realise how much the foreigners who come to live here contribute to the development of society and the economy," wrote Rimac.

Zagreb police told Hina they were notified about a physical clash between a number of persons around half past midnight. They could not confirm they were employees of a company because they did not have that information nor say how many persons were involved in the clash. A criminal investigation is under way.

For Croatia's latest news updates, CLICK HERE.

Thursday, 25 November 2021

French President Emmanuel Macron Met Mate Rimac in Zagreb

November 25, 2021 - As part of a busy schedule on his first official visit to Croatia, French President Emmanuel Macron met Mate Rimac in Zagreb, and was introduced to the recently merged Bugatti Rimac, a notorious union between France and Croatia.

After meeting President Milanović and signing the agreement for the sale of 12 Rafale fighter jets, the French president continued with the rest of the activities scheduled for his official visit to Croatia. Along with Andrej Plenković, Emmanuel Macron met Mate Rimac in Zagreb.

As Jutarnji List reports, shortly after 1 p.m., Rimac Group CEO Mate Rimac and Bugatti Rimac Chief Operating Officer Christophe Pichon presented two Nevera and Bugatti cars on the terrace of the Esplanade Hotel to Prime Minister Andrej Plenković and President Emmanuel Macron.

By the way, Bugatti is a French company that recently moved to Zagreb, since they were taken over by the Croatian manufacturer of electric hypercars Mate Rimac.

''It is already somewhat common that the Croatian Government likes to show foreign guests what we are advanced in, so I am glad that they chose us. Especially because we have a lot of employees in France as well'', said Mate Rimac.

The French leader was greeted at the entrance to the Zagreb hotel by the Alkars of Sinj.

''This shows the cooperation between France and Croatia'', said Rimac.

''Bugatti has a 112-year history in Molsheim, France, and we make the fastest petrol cars there, and we make the fastest electric cars in the world here in Zagreb. So it made sense to connect the two'', he added.

Macron and Plenković toured Bugatti's Chiron, a car with more than 1,600 horsepower that is the fastest in the world with a speed of 490 kilometers, and Rimčev Nevera, the car with the fastest acceleration in the world.

President Macron will end his official visit to Croatia with a working lunch at the Esplanade hosted by Prime Minister Plenković, which will be attended by people from the public, economic, cultural, scientific, and sports life that connect Croatia and France.

The coach of all the coaches also arrived for lunch.

''I am not only happy to be here, but also proud and I think that all Croats should be proud because this is one of the greatest European politicians. I hope to talk to him about women'', said Miroslav Ciro Blazevic.

Zlatko Dalic did not want to comment on anything, so Ciro added: "That's because he is an athlete, not a politician."

After lunch, Macron travels to Rome, on official visits to Italy and the Vatican.

For more on politics, follow TCN's dedicated page.

Friday, 12 November 2021

Croatian Greyp Bikes Experiencing Continuous Growth in 2020, 2021

November the 12th, 2021 - The Croatian Greyp bikes, the largest individual owner of which is much loved entrepreneur Mate Rimac, has seen continuous and steady growth, even in spite of the coronavirus pandemic.

As Poslovni Dnevnik/Sergej Novosel Vuckovic writes, this Sveta Nedelja-based company has grown 110 percent in recent years, this year that growth will exceed 120 percent, and the Croatian Greyp bikes company working seriously on its first city model, the electric citybike, which should be on the roads of the cities and streets by early 2024.

This was revealed on the sidelines of the first inter-industry discussion on sustainable business, launched by Nestle in Croatia, by Vladimir Karmelic, the marketing manager of the Croatian Greyp bikes company. The new model should be predestined for city driving and be more affordable, according to Karmelic. Existing models are more for mountain and trekking activities.

"With the development of technology that is our primary focus, we can see that the next step for the bike is to have it be an everyday companion to the rider, it will have navigation that warns of pollution on the route, informs the rider where there is traffic and crowding in the city and recommends green routes,'' Karmelic stated when describing the future Greyp bike, a vehicle which is set to fit even more into the story of sustainability and the eco profile that the company believes so strongly in.

This year at the Croatian Greyp bikes company they can be very satisfied indeed with the irnumbers, they have sold, all over the world, 1500 of their most popular model, the G6, the older G12 was about sixty models sold, and the latest, presented this summer, the T5, has seen about 600 copies sold. Unlike the vast majority of companies, the pandemic has actually helped them due to increased demand, but, they admit, also slowed some things down because parts factories in Vietnam and Thailand ended up being closed.

Due to global disruptions in supply chains caused by that same public health crisis, they have experienced difficulties with the procurement of certain components, especially technological ones important for connectivity, which also affects the delivery of finished products. But unlike their competitors (including “regular” manufacturers), which have also experienced significant delays, Greyp bike customers are already aware that they'll have a wait of around two months on their hands after making their purchase.

For more, check out Made in Croatia.

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