March the 24th, 2023 - The American company Jabil is constructing a large centre in Eastern Croatia, more specifically in Osijek, where it will employ 1500 people.
As 24sata/Martina Vidaic writes, one of the world's largest providers of production solutions, the American company Jabil Inc., recently announced the construction of a new large center of excellence for production in the Croatian city of Osijek.
The completion of the construction of the production facility is scheduled for the beginning of 2024, and the brand new centre is expected to quickly become a key driver of the local economy, creating more than 1,500 new jobs for skilled workers. When the new centre of excellence for production starts operating, the American company Jabil will become one of the largest employers in all of Slavonia, and provide the local community with opportunities for both growth and development - the company's press release states.
The American company Jabil was founded back in 1966 across the pond over in the USA, and currently has more than 250,000 employees working a hundred different locations in 30 countries, and they've now actively started looking for workers in and around Osijek. On their website Osijek Hiring - Jabil explains in detail who they are looking for and what they can offer them.
''Business expansion is a strategic decision that is in line with Jabil's focus on long-term trends and growth in the areas of renewable energy, electric vehicles, healthcare, the 5G network and the Cloud. The new facility will be the very heart of Jabil's ongoing commitment to innovation, sustainability and providing comprehensive manufacturing solutions to its customers,'' said Gerald "JJ" Creadon, Jabil's Executive Vice President of Operations.
They are also planning to open a factory for the production of medical prosthetic parts, microchips and motherboards for the automotive industry, which means a strong business momentum for that entire region.
''Recruitment of the workforce for the new centre of excellence for production in Osijek has already begun and will continue throughout 2023. Management and engineering positions are currently open, as well as a number of positions in operations, supply chain, finance and human resources. Our company is focused on the future and boasts a diverse portfolio of industrial operations. We'd like everyone interested to contact us, regardless of whether they have recently graduated or have years of work experience behind them,'' stated Robin Forster, the senior director of regional human resources at Jabil.
February the 23rd, 2023 - The Croatian Kanaan company has secured an agreement with no less than Costco, the second largest retail chain on the planet which pulls in eye-watering figures as revenue each year.
As Poslovni Dnevnik writes, snacks made by the Croatian Kanaan company from Donji Miholjac, one of the best European producers of quality snacks, will now also be found on the shelves of Costco, the second largest retail chain in the world, which generates enormous revenues of 227 billion US dollars a year.
The above information was confirmed for Lider by Zvonko Popovic, the so-called "Croatian king of crisps" and the owner and director of the Croatian Kanaan company, which holds the title of one of the best European producers of top quality snacks.
Popovic said that it is a great honour for his company to have entered Costco's stores. He also revealed that they currently have orders for Mexico, and by the end of the year they will make sales for the USA, South Korea, Australia and even for New Zealand.
Due to the current crisis and ongoing spiralling inflation, the Croatian Kanaan company has faced numerous challenges, from rising costs, disruptions in supply chains, the security of their energy procurement, issues with the procurement of packaging, and reduced quantity and quality of some basic raw materials due to bad climatic conditions.
"Unfortunately, the prices are much higher than they were in earlier periods. We're hoping for more stable conditions this year and for us to be able to maintain our prices,'' said Popovic for Lider.
Back in 2021, the Croatian Kanaan company generated impressive revenues in the amount of 22.65 million euros, and in 2022, their revenues grew by about 20 percent compared to the previous year, to an encouraging 27 million euros. More than half of their sales are exported to the markets of neighbouring Hungary, Serbia, Bosnia and Herzegovina and Slovenia, and then to customers in France, Lithuania and Denmark. In total, they sold around 8,000 tonnes of various products in 2022, and their goal is to be close to that amount in 2023 as well.
Popovic revealed to Lider that in the future, they want to expand into higher category products, such as protein-added snacks and vegetable crisps, and maintain the quality of the their basic products; flips with peanuts, popcorn and crisps.
For more, make sure to follow our dedicated business section.
January the 23rd, 2023 - Something new for the diaspora across the pond in the United States of America which aims to keep them connected to the homeland of their parents or grandparents. Croatian Radio New York's new podcast is likely to attract many.
Croatian Radio New York launches a podcast ‘Study in Croatia’. The aim of this podcast is to inform high school students, their parents, relatives and friends about the possibilities and admission processes for studying at the Croatian universities and colleges. During the first two podcasts, six higher education institutions were presented. Podcasts were hosted by Joseph Bogovic, senior at Townsend Harris High School in Queens, Srecko Mavrek, Croatian Radio NY host, Sara Skoda, college counselor at Townsend Harris High School in Queens, and Petra Pesa, Croatian Radio NY president and host. Boris Vilic, dean of the School of Professional Studies at Albright College in Pennsylvania, gave his introductory and final remarks to the podcast participants. He also introduced his voluntary work as a chair of the charitable foundation of the Association of Croatian American Professionals, ACAP, through which he led the creation of the Domovina Birthright Summer Program and several collaborations with institutions in higher education in Croatia.
Studying at the Rochester Institute of Technology Croatia (RIT Croatia) was presented by dean Don Hudspeth, a Canadian that has been with RIT Croatia since the beginning and lives with his family in Dubrovnik, and Ivan Smoljan, Recruitment and Enrollment Specialist. Valentina Vucenik, RIT Croatia freshmen, described her experience and student’s life in Zagreb.
Izabela Oletic Tusek, Head of International Department at the Faculty of Organization and Informatics (FOI) in Varazdin, and prof dr. sc. Violeta Vidacek Hains, Head of Student Research Symposium in collaboration with Universities in USA and College Professor, introduced studying options at the FOI. Students Jerry John Antolos and Erik Duranec described their views and excitement about studying at the FOI in Varazdin.
Dean Dr. Sc. Mato Njavro introduced the Zagreb School of Economics and Management (Croatian: Zagrebačka škola ekonomije i managementa, abbreviated as ZŠEM), which is a private business school located in Zagreb. Founded in 2002, ZSEM provides undergraduate and graduate education in economics, management, finance, marketing, and accounting. ZSEM has been voted the best business school in Croatia for five consecutive years, most recently in 2012, and is Croatia's largest private institution of higher education. In 2013, the Zagreb School of Economics and Management became the first business school in Croatia to receive AACSB accreditation. The Association to Advance Collegiate Schools of Business, also known as AACSB International, is an American professional organization. It was founded as the American Assembly of Collegiate Schools of Business in 1916 to provide accreditation to schools of business, and was later known as the American Association of Collegiate Schools of Business and as the International Association for Management Education. Ruzica Lipovac, student at ZSEM, was born and raised in New York. She moved to Zagreb and followed in her older brother’s footsteps to enroll in the Zagreb School of Economics & Management. As a former International Baccalaureate student, with all her studies being in English, she wanted to continue having a global learning experience. The knowledge obtained has given her the expertise to help run businesses in the US and Croatia.
Lovre Kolega, ZSEM alumni, is from the USA, specifically Florida. He moved to Croatia in 2013 to attend high school and continued studies at the Zagreb School of Economics and Management - completing the undergraduate program in Economics and Management. During studies at ZSEM, with the support of ZSEM's Career Center he got an internship at Rimac Technology, where he was immediately hired after graduating and where he is currently continuing his career path as a Project Coordinator.
The University of Rijeka is in the City of Rijeka, the third largest city in Croatia and the main Croatian port. As one of the largest universities in the region, it comprises 12 Faculties and 4 Departments, which offer more than 172 accredited study programs. University of Rijeka welcomes international students through student mobility stays, degree study programs or research/guest activities. To support mobility, the University has signed more than 600 bilateral Erasmus agreements with 30 countries and takes part in various bilateral and multilateral ventures in higher education. Students who wish to enroll in full degree study programs at University of Rijeka have the possibility of choosing study programs in English and Croatian language, attainable on undergraduate, graduate, or postgraduate study level. Podcast speakers from the University of Rijeka were:
Prof Dr. Sc. Marta Zuvic, vice-rector for studies, students and quality assurance University of Rijeka
Marija Spoljaric - Student International Business at Business College at University of Rijeka, student ambassador on the Ambassador Platform
Tyler Zanki – alumni born and raised in New Jersey to Croatian Parents. Graduated with a Bachelor's in Chemical Engineering in May of 2020. A year ago, he moved to Croatia, and now is studying at the Faculty of Chemical Engineering and Technology at the University of Zagreb.
Aspira University College is a private college and a nonprofit institution, which organizes and conducts professional studies of Sport Management, Computer Science – Program Engineering, International Management in Hospitality and Tourism and Hospitality and Tourism Management. Aspira was presented by the following speakers:
Petra Mandac – Assistant Dean of International Cooperation
Josip Radic – International Relations Coordinator
Laura Mishevska - student
Algebra University College offers to the next generation of its students a possibility to study in English on validated bachelor study programs in the fields of computing, design and management and a unique chance to receive a Dual Degree from AUC and Goldsmiths, University of London. Algebra University College is the flagship of largest private educational organization in Republic of Croatia and the region (Algebra group), present today in more than 20 cities across Croatia. Founded in 1998, they currently have more than 150 full-time employees and more than 600 associated experts and higher educational faculties employed also in industry. Algebra is located in historic CUC campus in the heart of Croatian capital Zagreb, while adult education and training programs are conducted also in: Osijek, Pula, Rijeka, Zadar, Split, Varazdin and Dubrovnik, as well as in more than ten other smaller cities. Algebra University College was presented by:
Hrvoje Josip Balen – President of the Board of Trustees at Algebra University College and
Lidija Šimrak - Head of the International Office at Algebra University College.
“It was a great pleasure to moderate this informative podcast together with Joseph, who is such talented young man. Valentina was also a great contributor to discussions. I strongly believe in a big potential of the young people. My hope is that studying in Croatia will strengthen the ties between Croatia and Croatian communities around the world and develop solidarity among Croatian youth from many diaspora communities and homeland”, said Mavrek.
For more on the Croatian diaspora, follow our lifestyle section.
December the 7th, 2022 - After three (very long) decades of negotiations, the representatives of Croatia and the USA in Washington are finally set to conclude the Croatia-USA double taxation agreement today. Croatia is otherwise the only nation in the EU and NATO that hasn't yet regulated this relationship.
As Poslovni Dnevnik/Marija Brnic writes, back during previous years, analysts assessed that the signing of the Croatia-USA double taxation agreement, which will finally result in the avoidance of having to pay tax on income in both nations to both nations, will not result in a sudden rush of American investors to Croatia, nor will it open up new businesses for Croatian companies on the American market. What it will primarily do is result in considerable benefits for companies that are already operating, as they will be less burdened by tax payments. It will also increase their level of competitiveness overall.
However, circumstances have changed somewhat over more recent years, and it seems that the number of those who will benefit from the settlement of fiscal relations between these two countries on each side of the Atlantic Ocean will be more significant. What will this mean exactly, and who will benefit the most from the signing of the historic Croatia-USA double taxation agreement?
Climbing the ladder
The USA was not among the major investors in Croatia for a very long time, but that has changed quite significantly in recent years. Steve Bubalo, an American entrepreneur with Croatian roots, has the longest investment experience here. He invested in the Vrana agricultural farm near Biograd in Zadar, as well as in rural tourism in Baranja, and one of his big takeovers was certainly Barr's takeover of Pliva back in 2006, which was then taken over by the Israeli company Teva.
After Croatia joined the EU back in July 2013, and especially over the last few years, more serious investments followed, such as IBM's investment in the Technical Support Centre in Zagreb, two years ago New York's One Equity Partners invested 200 million dollars in Infobip, and this summer, Goldman Sachs, together with the Japanese SoftBank, invested 500 million euros in the remarkable Rimac Group.
At the same time, in Savski Marof, the start of work on the new production facility of the American company Pfizer for the production of innovative biological drugs, in which it is investing 100 million euros, was marked. The USA is thus climbing the investment ladder, and from 1993 to the end of the second quarter of this year, more than 595 million euros had been invested in Croatia, and thanks to the latest investments successfully ticked off, it took 15th place on the list of investors in this country.
It's also interesting to note that Croatian investments over in the USA over the past three decades, in Croatian circumstances at least, aren't insignificant. They amount to more than 73 million euros, and among those Croatian companies that started production in the USA is, for example, Podravka. HS Produkt from Karlovac has also been among the main exporters for years, along with Pliva.
Trade has also been growing in recent years, especially in the last year on the back of US LNG imports. In terms of trade, Croatia is mainly focused on the market of the EU and neighbouring non-EU countries, but thanks to LNG terminal on Krk, the USA has moved up to the seventh place among the main trade partners.
In the first nine months of 2022, imports from the USA into Croatia amounted to more than 2.07 billion euros and at the annual level they increased by 703%, and goods from Croatia were exported for 349 million euros (marking a decrease of 17%).
According to AmCham's estimates, the Croatia-USA double taxation agreement will have a positive effect on the transfer of knowledge, due to the costs of withholding taxes on the provision of certain services and royalties, and the costs of labour taxation, which is particularly important for the IT sector and small and medium-sized enterprises.
Croatian companies that establish subsidiaries over in the USA are currently subject to federal and state income tax, and dividend payments are subject to a 30% tax. Since the corporate tax rate in Croatia stands at 12 or 18%, AmCham estimates that the cumulative US tax rate is very discouraging for Croatian companies.
A company in Croatia owned by a larger American company pays profit tax at the rate of 18%, and according to the parent company in the USA, it must make three payments per year, for interest and royalties, and then for dividends, it pays withholding tax at rates of 12 and 15 %, and only the net after-tax amount can be paid to the US parent company.
This Croatia-USA double taxation agreement will make it possible to get rid of these payments once and for all, and make it so that the full amount is paid to the parent company, which makes Croatia more attractive as an investment and business destination overall.
"This is a significant step for the business community both in the USA and Croatia, which for many years advocated the initiation of negotiations on the signing of such an agreement. This step is particularly important for AmCham and its members, given that it prepared the initial arguments for the conclusion of the agreement back in 2018 and brings together companies that are most involved in trade and investment flows between Croatia and the USA," said Andrea Doko Jelusic, the executive director of AmCham Croatia.
The conclusion of this historic (and long-awaited) agreement will bring a lower financial burden for companies, and here on the Croatian side, it will be especially interesting for the IT sector, as well as for the food and pharmaceutical industry, while on the American side, it will open space for cooperation with small and medium-sized companies that haven't been represented in Croatia until now.
The Croatian Chamber of Commerce (HGK) also welcomes the signing of the Agreement on the Avoidance of Double Taxation between Croatia and the USA, and points out that, although there's still some time to go before its full implementation, it is to be expected that it will have a positive impact on the overall economic relations between the two countries, mutual trade, and will especially facilitate mutual investments.
For more, make sure to check out our news section.
November the 29th, 2022 - The Croatian company ETF Airways, which was born during the pandemic, has become the first company registered in Croatia to be able to fly to the United States of America.
As Poslovni Dnevnik/Marija Crnjak writes, following on from an excellent second summer flight season since its establishment, the Croatian charter carrier ETF Airways has become the very first Croatian airline to receive approval from the US Department of Transportation for flights to the USA, which will initially also open up the Caribbean market for them.
For next year, this company's main plan is additional growth, with an increase in the fleet from three to five Boeing 737-800 aircraft, which will depend on the dynamics of signing contracts for the next summer season, but things are looking very certain, Stjepan Bedic, the CEO of ETF Airways, revealed.
ETF Airways has transported 300 thousand passengers
As is already quite well known, ETF Airways was founded back during the global coronavirus pandemic at the beginning of last year by Croatian investors and bankers, investor Ratko Bajakic, economic analyst Velimir Sonje and banker Zdenko Adrovic, who is involved in the project through his own company - Korta. Among the founders are pilots Dragan Stefanovski and Marko Bankovic, a team of enthusiasts who have already collaborated with Bedic on several startup projects in the wider region, and spent a good part of their careers working for different foreign companies.
ETF Airways took to the skies last June and they aren't a liner company, they instead specialise in flights based on ACMI - aircraft, crew, maintenance and insurance contracts, and this year they mostly flew on the Paris - Greece route, Bedic stated, adding that 2022's summer season was excellent - this company which has about 60 employees will end the year with a profit, but they aren't ready to reveal any of the more detailed figures yet. The potential for growth is significant, and it would be much greater if Croatia made it easier for staff to be employed, explained Bedic.
"In one single year, we flew between 5,500 and 6,000 hours at 150 airports, and transported around 300,000 passengers to different destinations. With two planes in Paris and one in Pristina, we also flew to destinations such as Svalbard, Greenland, and Reunion in the Indian Ocean. We operate on the EU's very competitive market, where there are hundreds of such companies, but there is also a lot of demand. Therefore, growth is planned, but currently the biggest challenge for us is the employment of pilots, because Croatia has a significantly higher cost of labour than some other EU menber states, with a much higher tax burden. Slovakia, Bulgaria, Ireland and other countries are therefore much more competitive than Croatia, which, with a different tax treatment for pilots, similar to seafarers, could have a much more developed aviation industry, i.e. more companies like us," explained Bedic, who believes that and the payment of benefited seniority is outdated and redundant.
Conquering the Caribbean market
ETF Airways is currently hiring cabin crew, and then it will look for more pilots, which will be additionally challenging because strong companies such as Turkish Airlines and Qatar Airways are also in the process of hiring, and their impressive salaries cannot be compared to those offered by smaller companies such as ETF Airways. Although there are 60 employees employed directly by the company, that figure rises to 150 if external service providers in the entire ecosystem are added into the mix.
ETF Airways is entering the demanding American market through a joint venture company with a local French company, and their license to provide services across the pond in the USA will enable them to position themselves in the market of local flights to the Caribbean, as well as to popular American destinations such as Miami. There is a demand for their services there, and depending on the number of contracts signed during the winter for the next summer season, the acquisition of two new aircraft may also come to be. Namely, as Bedic pointed out, the situation on the market is still unstable in terms of last minute flight reservations, and ETF doesn't fly without signed contracts and deposits.
For more, make sure to check out our dedicated business section.
November the 10th, 2022 - Americans are investing a huge sum of money in a brand new Zabok medical centre, but just how much of a role with the Croatian Health Insurance Fund (HZZO) play in it all?
As Poslovni Dnevnik/Marija Crnjak writes, although many details about the establishment of the new Zabok medical centre, which will be a centre for the treatment of malignant diseases, have yet to be defined, the University of Pittsburgh Medical Centre's (UPMC) investment of about 15 million euros in Hrvatsko Zagorje is the first investment of this magnitude by foreign investors in Croatian healthcare.
The announcement about the investment that will be realised in cooperation with the General Hospital Zabok and the St. Catherine Special Hospital (Sv. Katarina), owned by Dragan Primorac, comes at a time when the state seems to have decided to strengthen cooperation between public and private healthcare.
This is further evidenced by the public support that the founders of the future Zabok medical centre received when signing the cooperation agreement from the government representatives, and support for such projects will also be given by the new legal regulations that will direct patients to private institutions in the country instead of urging them to seek treatment abroad, regardless of whether they have contracts with HZZO or not.
However, we have yet to see how many services from the new Zabok medical centre will actually be made available to Croatia's residents who are HZZO insured individuals. Namely, as confirmed by them, HZZO wasn't officially contacted regarding the possibility of contracting services with the future Centre for Oncology.
For the American investors, however, this is certainly an investment in health tourism, considering that they will be able to gain the market of Croatia's entire wider region, as well as the whole of Europe. It is also the largest American healthcare institution that employs 92,000 employees and 5,000 doctors, with a massive annual budget of 23 billion dollars.
There are a total of 40 hospitals within the UPMC chain, and in addition to over the USA, they are currently present in Italy, Ireland, China and Kazakhstan. As they claim from St. Catherine, this large investment will provide Croatian patients with diagnostic and therapeutic services completely equivalent to those in the USA, in accordance with the existing prices set by HZZO.
The new Zabok medical centre will be located on the premises of the Zabok General Hospital, which the hospital has been renting out to the St. Catherine Special Hospital since back in 2008. It spans 2,200 square metres. In addition, two linear accelerators will be built for radiation purposes, the location has already been defined, and permits need to be obtained for this. The plan is to complete the brand new medical centre in a period of about one year.
"This is primarily about a huge step forward in the transfer of the latest knowledge and technologies from the USA, the kind of which we can only dream of. When we talk to Croatian oncologists, they believe that in a few years, with the support of UPMC, Croatia could be at the very top of the EU in terms of oncology services," Jadranka Primorac, a member of the administrative council of the St. Catherine Special Hospital stated.
She added that this type of therapy and treatment, as well as state-of-the-art diagnostics in cooperation with UPMC, must be available to every Croatian resident. "It is the beginning and the end of everything. If you look at EC strategies, one of the key steps forward is to make this kind of therapy available to everyone, regardless of their ability to pay. Among other things, this is why we have HZZO,'' she explained.
Zabok is apparently now preparing negotiations with the state insurer, HZZO, which so far has not quite fulfilled all the efforts of private institutions to offer their services to the Institute's policyholders in greater numbers. One of the key obstacles was often the too low price of the services covered by HZZO, and since these are new services that didn't even exist within the Croatian healthcare system, those prices have yet to be established.
Negotiations with HZZO will certainly be one of the most important steps for future partners. Director of the Zabok General Hospital, Tihomir Vancina, pointed out that there are still a number of operational and technical matters to be resolved, from space to personnel engagement.
"We agreed in principle that we want to build the Zabok medical centre, and now we need to see how to implement it all," stated Vancina, who believes that everything can be done in the space of one year, especially considering that the investment has been under consideration for four years since the UPMC team was in Zabok for the first time. "This will be a huge step in improving the quality of the treatment on offer.
In the Zabok General Hospital, we have departments where our oncology patients can have part of the procedure, but for the rest they have to go to Zagreb, which will not be necessary in the future. The cancer survival rate in the USA is significantly higher than it is here in Croatia, precisely because of the available therapy that we're now bringing to the country. For the state, this is an ideal model, because it doesn't have to invest in space, equipment and personnel, it only has to pay for the services," concluded Vancina.
For more, make sure to keep up with our dedicated news section.
October the 4th, 2022 - American TV host, writer and comedian Jay Leno is clearly pleased with the amazing Nevera created by Croatian entrepreneur Mate Rimac.
As Poslovni Dnevnik writes, famous American presenter Jay Leno well and truly threw himself into the waters of all things automotive just a few years ago. He has since grown a very successful YouTube channel called "Jay Leno's Garage" which is dedicated entirely to his passion and he recently tested out Mate Rimac's stunning Nevera.
Leno loved Rimac's remarkable car, the Nevera, and he was particularly impressed by the speed it can reach without much effort and the sheer ease of driving one feels when behind the Nevera's wheel. Leno said that Americans, especially many of those who have never even heard of the Republic of Croatia, will now hear about it and the incredibly intelligent people who built the strongest car in the entire world, as RTL Direkt reported.
"The Nevera's acceleration is impressive. It's linear,'' said Leno in the video in which he tested the Nevera, comparing it to the lack of ease of other electric vehicles and adding that he thinks that this, the latest of Rimac's astonishing supercars, is set to achieve great success on the demanding American market.
Livno-born Croatian entrepreneur and businessman Mate Rimac has often been compared to famous inventors and is frequently referred to as Europe's own Elon Musk. This doggedly determined creator started out with his love of cars from his garage, with not much knowledge or cash behind him.
He has since put Croatia, a country which had absolutely nothing to do with the automotive world whatsoever, very firmly on the map for all lovers of cars and connected it forever with Bugatti, showing that even the most unimaginable ventures can work out, even in a country which is still only just learning how to give entrepreneurs a fighting chance to succeed.
For more, make sure to check out our dedicated Made in Croatia section.
September the 11th, 2022 - The American company Robin has purchased the Croatian company Flow and Form, which has its office in the City of Zagreb.
As Poslovni Dnevnik/Darko Bicak writes, after raising 30 million US dollars in investment capital, the American company Robin, which develops platforms for hybrid modes of operation, has acquired the Croatian company Flow and Form, which deals with software.
As announced by the American startup, the common goal of the acquisition of the Croatian company Flow and Form is to define what the future of work looks like and to build the world's best platform for hybrid work – Robin.
Flow and Form, which has an office in Zagreb, started operating back in 2017, and over the years since, it has proven to be one of the leading agencies with recent results in providing high-quality digital solutions for optimising living and working spaces. As the chief executive officer (CEO) of Flow and Forme, Marko Pavlovic, stated, the company's most important mission from the very beginning was to make every space a better place to live and work.
"In a partner, we were looking for someone for whom people are more important than the offices themselves, someone who wants to make the work experience easier for their users and employees. And we found that in Robin. Teamwork is needed to create a world where workplaces function better," said Pavlovic, adding that by joining forces with Robin, a team that shares their goals and values, they will ensure their faster adaptation to changes, keep up with the growing demand for hybrid ways of working and develop solutions that help leaders in their industries, making their offices places where their employees want to be and want to work.
The fact that the Croatian company Flow and Form is one of the leading companies in the real estate technology industry has been well and truly proven by the creation of more than a billion dollars in market value through the marketing of successful products for their clients. The company was included in the list of 50 fastest growing technology companies in Central and Eastern Europe according to Deloitte's 2021 list, and since back in 2014, Robin has enabled companies of all sizes to do their best work by building technology solutions that drive a better employee experience in the workplace.
Their platform allows employees to choose how and from where they work using real-time office maps and room, desk and equipment reservations, all while helping employers track office space utilisation, desk reservation statistics and more.
Support from Croatia
In July 2022, Robin raised a new round of investment (Series C) of a massive 30 million US dollars, which enabled them to expand internationally, increase the number of employees and deepen their strategic partnerships. Thanks to the cooperation with the Croatian company Flow and Form, Robin has successfully entered not only the Croatian market but that of the whole of Europe.
The Croatian company has stated that this is great news for the Croatian economy because it will now participate in the rapid growth of a top SaaS (Software as a Service) company, in a completely new industry on this market - workspace technology. Micah Remley, CEO of Robin, emphasised that their clients, especially here in Europe, will now have the support of their teams in the Republic of Croatia, which enables Robin to offer an even better experience using its product and build innovative solutions for its users.
"From the beginning, we were impressed by the amount of top quality talent and the technical abilities of the team in Croatia. Through this acquisition, we can see an opportunity not only for product development with experienced teams based in Zagreb, but also for supporting our European and global expansion from our Zagreb office," stated Remley.
Robin is otherwise headquartered across the pond in the American city of Boston and currently has over 200 employees, with clients from 80 countries on all six continents, including Toyota, Mailchimp, Fender and Peloton.
For more, make sure to check out our dedicated business section.
August the 19th, 2022 - The Brodosplit shipyard is continuing to face significant problems, but it seems that a saviour has come at the last moment in the form of a contract between the famous Dalmatian shipyard and the American Storylines company. Debeljak's troubled company will build the massive vessel, the estimated retail sales value of which stands at US $1.5B
As Poslovni Dnevnik/Marija Brnic writes, Brodosplit is currently suffering the fate of both the Uljanik and 3 Maj shipyards in the form of attracting negative attention with press reports about the pre-bankruptcy process of its companies. Despite the fact that Brodosplit's employees had been sent home, it seems the company will now be able to breathe a sigh of relief.
The story that Brodosplit could participate in the construction of the first so-called residential cruise ship with 547 apartments is the absolute last thing anyone could have ever possibly expected in the current uncertain situation. It seems suspicious that the Americans would sign a contract to build a ship of that size and cost. While many raise their eyebrows in disbelief, it has come to light that this fantastic piece of news is indeed true. According to the press release provided by Storylines from Miami, the contract with Brodosplit has already been signed.
Brodosplit will build a 232.5-metre-long Narrative ship in the City of Split, which, according to the press release, will be the first fully ecologically sustainable ship, and should be delivered in 2025.
"We're delighted to be partnering with such a respected European shipyard that has a long history of building high-quality passenger ships," said Storylines CEO Alister Punton. According to him, the ship will provide its residents with the comfort of home. It differs from other cruisers in that it is intended for the complete life of residents at sea. It will also boast a post office, a school, a library, a hospital, a bank, swimming pools, business premises and about 20 different catering facilities. It will also be the largest wellness centre at sea in the world with its own gardens, farms and space for several types of sports and recreation on board.
For more than understandable reasons, Brodosplit has been very brief in its communication about the construction of the ship. Everything, they say, was said in the Storylines press release, which also includes Tomislav Debeljak's statement.
"We always enter into projects that bring about the development of the industry and the inclusion of new technologies. This ship is energy efficient, with two types of propulsion (diesel and liquefied gas) and will be optimised for the lowest possible emission of greenhouse gases," Debeljak said in his statement.
Their American partner, therefore, still believes that Brodosplit is a good choice for a partnership, and the second question to now keep in mind is how the Croatian Government will behave, given that Brodosplit needs an advance guarantee to get things moving.
For more, make sure to check out Made in Croatia.
August the 4th, 2022 - An American policeman working in Split temporarily as part of an exchange of officers the Croatian police have been involved in for years now has praised the sheer safety of the country when compared to his homeland.
As Jutarnji list/SD writes, for the first time this summer season, a police officer from the United States was placed to work temporarily here in Croatia. 30-year-old Jacob Bradley, an American policeman working in Split has been participating in international police cooperation as part of the "Safe Tourist Destination 2022" project.
Jacob has been a police officer for the past eleven years across the pond in America, and during his time he has worked in the migration and drugs department, as well as with the local community, according to a report from Slobodna Dalmacija. In addition to gaining more work experience by coming here, his comparison of police work here in Croatia compared to the USA was particularly interesting.
''Here it's completely different. When I'm patrolling, I don't have a weapon, I don't need it at all. In America, I don't go out in public without a bulletproof vest and a weapon on me. Here I just talk to people, they shake hands with us, and people are generally really happy to see us. Over in America, we deal with more violence and armed conflicts, and here I haven't even heard of such a thing, let alone participated in such an intervention,'' admitted Jacob. Participating in the arrest of a person in Croatia also left a special impression on him.
''Here the police say to someone: 'You need to come with us' and he goes without any resistance. Of course, that doesn't happen with absolutely everyone, but just looking at such a situation was incredible for me. This is a very safe place, one of the places I'd definitely visit with my family,'' the American policeman working in Split said with a smile. He will spend a total of two weeks in the City of Split. He has primarily been helping break down the language barrier between visitors from America and the local population or the police.
''It is however much easier for me to talk to Americans and I very quickly come to a solution to whatever the problem might be and we reach an understanding of what led to it. We're here to be there, to promote the fact that we're here and that Split is a great place to visit. There were several interventions, and the cause of some of them was just a misunderstanding,'' said the police officer from the USA, emphasising that he enjoyed his time spent here and plans to return next year.
The representative of the US Embassy, Amy Davison, emphasised that they are very pleased to have become part of the programme that has been going on for seventeen years now.
''Our participation this year is a continuation of 30 years of cooperation with this country, so this is a very nice way to crown such an anniversary. Jacob told me that he learned a lot here, that's why this experience is valuable for him and we're extremely glad that this cooperation has come about,'' said Davison, adding that the American police officer is grateful for the welcome he had and that he was very well received. Jacob can safely say that Split is his absolute favourite city in all of Croatia.
In addition to this American policeman working in Split, t's worth noting that there are currently 20 officers from ten different countries of the world working on the territory of the Split-Dalmatia County police department at this moment in time, writes Slobodna Dalmacija.
''For us, all their previous experiences are a confirmation that the project is well thought out and that it will be realised this year as well, in a way that gives us the optimum utilisation of what we have planned. They help us build, confirm and maintain the image of Croatia as a safe destination, and this is exactly the goal of this project,'' concluded Slobodan Marendic, head of the Split-Dalmatia police department.
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