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Latest Business News from Croatia

croatia-sales-euro-bonds-for-one-billion-euro
26 Feb 15

Croatia Plans to Raise Billion Euro From Bonds

The Croatian government is to raise around one billion euro from a fresh issue of state bonds, having unveiled the plan back in December.

croatia-reviews-bids-for-on-shore-oilfields
19 Feb 15

Croatia Mulls Bids for Slavonia Oilfields

A committee headed by the economy minister will review seven bids for on-shore oil and gas tenders in eastern Croatia in the coming two months.

croatia-russian-trade-forum-brings-lucrative-deals
18 Feb 15

Croats Bag Deals at Moscow Trade Forum

The business forum on Tuesday in Moscow brought significant results for Croatian companies, which plan to expand their ties to Russia in spite of Western sanctions

high-croatian-representation-in-moscow-despite-eu-sanctions
17 Feb 15

Croatia-Russia Trade Forum Opens in Moscow

Despite the widening of EU sanctions on the Kremlin and American disapproval, Croatia is seeking to extend its economic and trade ties to Russia via a major trade forum in Moscow.

croatian-public-debt-reaches-new-heights
10 Feb 15

Croatian Debt Reaches Record High

Croatia's general government debt reached a new peak of almost 34 billion euro in October 2014 - and has continued to edge upwards in the months since then.

zagreb-becomes-a-place-to-be
19 Jan 15

Zagreb in Winter Becomes Hot Tourist Destination

Tourism in Croatia used to mean the coast and nothing but the coast, but the long-neglected capital of Zagreb is finally discovering its true potential.

swiss-franc-rise-worries-croatia
16 Jan 15

Hike in Swiss Franc Causes Panic in Croatia

The sharp overnight rise in the value of the Swiss franc compared to the euro and the Croatian kuna has alarmed thousands of Croats with loans in that currency.

world-bank-cuts-croatian-gdp-growth-predictions
14 Jan 15

World Bank Revises Croatia's GDP Growth Down

In more bad news for the struggling centre-left government, the World Bank has altered its earlier forecast of Croatia’s GDP growth in 2015, cutting it from 1.2 to 0.5 per cent.

croatia-limping-at-eu-frontend
07 Jan 15

Croatia Falling Behind in EU, Statistics Show

New data from Eurostat have no good news for Croatia, whose economy is falling behind that if its EU counterparts in almost all fields.

5-companies-will-negotiate-oil-and-gas-exploration-concession
05 Jan 15

Five Bidders Win Rights to Explore Croatia Oilfields

Croatia has revealed the name of five companies that have won bids to explore gas and oil deposits on the Adriatic seabed.

croats-plan-a-humble-christmas
25 Dec 14

Gift-Free Christmas For Many Croats

Croats will spend a little less on presents this Christmas as a result of the economic crisis - and over a quarter of those surveyed won't be buying any presents at all this year. 

montenegro-drops-in-forbes-business-ranking
18 Dec 14

Montenegro Drops in Forbes Business Ranking

Montenegro has dopped down four places in this year’s Forbes magazine’s list of 'best countries for business,' ranking in 48th place out of 146 surveyed states, although it remains above several EU member states.

no-economic-recovery-in-sight-for-croatia-and-serbia
18 Dec 14

Raiffeisen Gloomy About Croatia, Serbia Economies

Regional analysis conducted by Raiffeisen bank says the economies of Serbia and Croatia saw no growth in 2014 and will not do much better in 2015 - while the outlook for other countries is somewhat brighter.

crime-and-corruption-left-a-100-billion-hole-in-balkan-economies
16 Dec 14

Illicit Outflows Rob Balkan Economies of $100bn

A study by Global Financial Integrity, GIF, says illicit money outflows robbed Balkan countries of the equivalent of more than 100 billion dollars during the last decade.

air-serbia-snatches-passengers-with-low-prices
12 Dec 14

Air Serbia Restores Belgrade-Zagreb Flights

Air Serbia began the first direct flights between Zagreb and Belgrade after 23 years on Friday.

Premium

croatia-eyes-oil-bonanza-in-the-adriatic
09 Jul 14

Croatia Eyes Oil Bonanza in the Adriatic

Dream of becoming the ‘new Norway’ are driving Croatia to explore the potential oil and gas deposits in the Adriatic – but environmentalists and tourist experts are concerned about the possible effects.

Politics and Society

orthodox-graves-damaged-in-knin
07 Jan 13

Serbian Orthodox Graves Vandalised in Croatia

Attackers have damaged several graves, crosses and tombstones at a Serbian Orthodox cemetery in the Croatian town of Knin.