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Latest Business News from Croatia

croatia-external-debts-hits-all-time-high
30 Jul 14

Croatia External Debts Hits All-time High

Debt level now exceeds country’s GDP, and the upward trend looks set to continue.

ikea-opens-its-doors-in-croatia
29 Jul 14

IKEA Opens its Doors in Croatia

New furniture megastore is expected to serve as a regional hub, drawing customers from Bosnia, Serbia and Slovenia, as well as Croatia.

croatia-fails-to-clinch-ina-deal-with-hungarians
28 Jul 14

Croatia Fails to Clinch INA Deal with Hungarians

Croatia’s hopes of buying back shares owned by Hungary’s MOL in the energy company INA received a setback last week.

eu-to-back-croatian-gas-project-on-krk
23 Jul 14

EU to Back Croatian Gas Project on Krk

The Ukraine crisis has given new impetus to plans to build a gas terminal on the island of Krk, which Brussels has said it will help pay for.

croatia-launches-onshore-oil-and-gas-tender
21 Jul 14

Croatia Launches Onshore Oil and Gas Tender

Economy Minister Ivan Vrdoljak has opened an international tender for onshore oil and gas exploration and exploitation rights in the eastern Croatian region of Slavonia.

ex-yugoslav-leaders-gather-at-croatia-economic-summit
14 Jul 14

Ex-Yugoslav Leaders Gather at Croatia Economic Summit

The presidents of all ex-Yugoslav countries are joining business leaders at the summit in Cavtat near Dubrovnik, aimed at boosting the economic potential of the region.

croatia-s-agrokor-takes-over-slovenian-rival
26 Jun 14

Croatia’s Agrokor Takes Over Slovenian Rival

Agrokor, Croatia’s largest retail company, has bought a majority share in its rival Mercator, Slovenia's best-known food retail brand, in a deal reportedly worth 550 million euro.

corruption-hinders-balkans-sustainable-energy-future
25 Jun 14

Corruption Hinders Balkans Energy Sector Progress

Rampant corruption has raised costs, wasted opportunities for sustainable energy and distorted the market, says a new report by a group for environmental NGOs.

croatia-expects-record-high-tourism-income
24 Jun 14

Croatia Expects Record Level of Tourism Income

Croatia’s ministry of tourism said this year's income should surpass the current record high of 2008, when the country earned 7.4 billion euro from the tourist trade.

croatia-seeks-to-boost-oil-and-gas-extraction
18 Jun 14

Croatia Seeks to Boost Oil and Gas Extraction

Economy Minister Ivan Vrdoljak said that Croatia needed to exploit potential oil and gas resources in the Adriatic Sea and on shore in order to increase supply and aid economic recovery.

croatia-invites-bidders-for-adriatic-oil-and-gas
25 Feb 14

Croatia Invites Bidders for Adriatic Oil and Gas

Minister says Croatia stands to earn 500 million euro a year from exploration of undersea energy reserves.

telecom-giants-gather-in-belgrade
18 Feb 14

Telecoms Giants Gather in Belgrade

The most successful business people and innovators in the telecommunications sector in South-East Europe meet in Belgrade for the annual SEE Telecoms Forum.

serbia-ranked-95th-on-economic-freedom-list
15 Jan 14

Macedonia Tops Balkan Economic Freedom List

The latest Index of Economic Freedom has put Macedonia at the top of the Balkan region in terms of economic freedom.

salaries-inch-upwards-in-croatia
03 Jan 14

Salaries Inch Upwards in Croatia

Monthly salaries in October were marginally higher in real terms than those a year earlier.

strike-shuts-down-zagreb-airport
21 Nov 13

Strike Shuts Down Zagreb Airport

Staff at Croatia's main airport went on strike on Thursday in a dispute over how the airport will be run in future, amid fears of job losses.

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

ngo-s-war-crimes-victims-in-croatia-forgotten-and-marginalised
23 Feb 12

NGOs: War Crimes Victims in Croatia "Forgotten"

War crimes victims in Croatia have been "forgotten and marginalised", Croatian human rights NGOs claimed today.