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Latest Business News from Croatia

croatia-s-rigid-pensions-reform-won-t-solve-issues--11-08-2017
09 Nov 17

Pension Reform Plan Encounters Opposition in Croatia

Penioners groups and some economists have slated Croatia’s announced reform of the pension system, saying penalising early retirement will not resolve the basic problem.

croatian-companies-against-eu-s-equal-posted-workers-wages-10-25-2017
26 Oct 17

Croatian Companies Argue Against EU-Backed Wage Boost

Croatian companies are protesting that a newly-adopted EU directive likely to increase wages for employees sent to work in other EU states will hurt their their businesses and cause job cuts.

tito-s-ny-penthouse-opens-doors-to-potential-buyers-10-13-2017
16 Oct 17

Tito's NY Penthouse Opens Doors to Potential Buyers

A real estate agency is ready to show potential buyers the 418-square-metre penthouse apartment on Park Avenue in Manhattan once used by Yugoslav President Josip Broz Tito.

croat-clothing-brand-profits-from-tito-nostalgia-10-12-2017
12 Oct 17

Croat Clothing Brand Profits From Tito Nostalgia

A new Croatian urban clothing company is turning the slogans and emblems of the long-gone communist era into a fashion statement.

agrokor-s-state-manager-criminally-reports-todoric-10-09-2017
09 Oct 17

Agrokor Manager Files Crime Charges Against Todoric

After revealing all the debts owed by Croatia's troubled economic giant, Agrokor, the company's state-appointed manager has confirmed filing a criminal charge against the former management, including the owner, Ivica Todoric.

agrokor-manager-files-crime-charges-against-todoric-10-12-2017
09 Oct 17

Agrokor Manager Files Crime Charges Against Todoric

After revealing all the debts owed by Croatia's troubled economic giant, Agrokor, the company's state-appointed manager has confirmed filing a criminal charge against the former management, including the owner, Ivica Todoric.

agrokor-s-financial-report-shows-massive-losses-10-05-2017
05 Oct 17

Financial Report on Croatia's Agrokor Reveals Huge Losses

A revised financial report for Croatian giant Agrokor’s major subsidiaries showed that the former management’s financial accounts understated their losses by 250 million euros in 2015.

magnificent-yugoslav-hotel-complex-awaits-new-look-09-06-2017
08 Sep 17

Yugoslav Army's Croatian Playground Awaits Makeover

A luxury hotel chain is expected to renovate the once magnificent but now ruined hotel complex near Dubrovnik, Croatia, which once mainly catered to members of the Yugoslav People's Army.

croatia-romania-oecd-membership-blocked-by-unhappy-neighbours-09-07-2017
07 Sep 17

Angry Neighbours to Bar Croatia, Romania, From OECD

Hungary and Slovenia plan to stop Romania and Croatia from joining the world’s largest economic organization, citing disputes over minority rights and border demarcation.

croatia-faces-rivals-in-becoming-region-s-gas-hub-08-23-2017
24 Aug 17

Croatia Faces Rivals in Becoming Region’s Gas Hub

Croatia may hope that its ambitious LNG terminal on Krk will turn it into the region’s energy hub - but other countries cherish the same ambition.

croatia-postpones-disputed-tax-law-after-petition-08-09-2017
09 Aug 17

Croatia Postpones Property Tax Law after Backlash

After a petition against a proposed law to introduce property taxes attracted over 130,000 signatures, the Croatian government decided to postpone its implementation.

croatia-s-trade-barrier-angers-neighbors-08-02-2017
02 Aug 17

Croatia's Raised Import Tax Angers Neighbours

Western Balkan countries have united in condemning Croatia's tax increase on imports of fruit and vegetables, with some hinting at possible counter-measures in response.

croatian-tourism-sector-needs-workers-07-31-2017
01 Aug 17

Croatian Tourist Boom Runs Short of Workers

Low quotas set for foreign workers and poor work conditions are being blamed for a labour shortage in in Croatia's otherwise booming tourism sector.

croatia-vouches-selling-planed-state-property-07-27-2017
28 Jul 17

Croatia Vows to Meet State Asset Sales Target

Ministry says it will meet target of pouring 128 million euros into the budget by selling state-owned property and stocks in non-strategic companies - though some economists have their doubts.

croatia-agrokor-starts-repaying-small-suppliers-07-26-2017
26 Jul 17

Croatia's Agrokor Starts Repaying Indebted Suppliers

The state-appointed management of Croatia’s biggest company, Agrokor, said the company will now start repaying its small suppliers with a first tranche of 18 million euros.

Premium

changing-ceos-will-not-fix-balkan-airlines-troubles-10-25-2017
25 Oct 17

Changing CEOs will Not Fix Balkan Airlines' Troubles

Overburdened by micro-managing governments, most of the Balkan's state-owned national carriers struggle to survive in an increasingly competitive air transport industry.

23 Oct 17

Croatian Top Economists Back Move to Join Euro

19 Oct 17

EU Mulls Lower Roaming Charges for Balkans

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.

 

16 Jul 13

Mines Kill Over 500 in Croatia Since 1991

09 Oct 12

Montenegro's Parties Argue Over Border Dispute

02 Mar 12

Wikileaks: The IMF’s Fault for Balkan Wars