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Latest Business News from Croatia

balkan-eu-states-drop-roaming-fees-06-14-2017
15 Jun 17

Balkan EU States Drop Roaming Fees

Mobile phone users from Bulgaria, Croatia and Romania will be able to save money from Thursday onwards, when new EU rules officially scrapping roaming charges come into force.

croatia-moves-to-settle-its-pre-war-bosnia-investment-05-24-2017
24 May 17

Croatia Pressures Bosnia Over Lost Power Plant Investment

Croatia is pushing ahead with demands for compensation for its lost prewar investment in the Gacko power plant in eastern Bosnia and Herzegovina.

croatia-s-agrokor-selling-subsidiaries-to-cover-debt-05-12-2017
12 May 17

Croatia to Sell Parts of Agrokor to Repay Debts

Agrokor's state manager, Ante Ramljak, on Thursday said parts of the troubled economic giant will have to be sold off to cover its huge debts of over 5.4 billion euros.

croatian-government-names-agrokor-extraordinary-manager-04-10-2017
10 Apr 17

Croatia Names Ramljak as Agrokor's 'Extraordinary Manager'

Croatia's government on Monday named an experienced business figure, Ante Ramljak, as the state's 'extraordinary manager' of the financially challenged private company Agrokor.

croatian-agrokor-owner-activates-crisis-management-law-04-07-2017
07 Apr 17

Agrokor Owner Hands Over Control of Troubled Company

Ivica Todorovic, the main owner of Croatia's troubled giant, Agrokor, on Friday activated the process of 'extraordinary management', giving the state a determining role in the company’s restructuring process.

croatia-s-agrokor-chief-restructuring-officer-known-04-03-2017
03 Apr 17

Alvarez Likely to Head Restructuring of Croatia's Agrokor

Media reports have revealed that Antonio Alvarez III of Alvarez and Marsal will be in charge of restructuring Croatia's troubled economic giant Agrokor.

standstill-agreement-reached-between-croatian-agrokor-and-banks-03-31-2017-1
31 Mar 17

Emergency Deal Announced to Keep Croatia's Agrokor Solvent

Amid fears that Croatia's biggest private company could sink under its debts, Erste bank on Friday announced a 'standstill agreement' designed to keep the failing giant solvent during a restructuring process.

croatian-agrokor-needs-to-resolve-complex-issues--03-20-2017
20 Mar 17

Croatia's Agrokor Must ‘Resolve Complex Issues at Once’

The troubled biggest private company in Croatia, Agrokor, needs to resolve its multiple financial woes all at once, the head researcher at global fixed income specialist Debtwire told BIRN.

russian-takeover-of-croatia-s-giant-agrokor-possible-03-17-2017
17 Mar 17

Russians May Take Over Croatia's Agrokor, Economist Says

A partial takeover by Russian state banks of the biggest private company in Croatia would have momentous consequences but 'cannot be ruled out', an economist has suggested.

croatia-govt-secret-meetings-for-saving-retail-giant-03-15-2017
15 Mar 17

Croatia Govt Admits Secret Meetings With Agrokor

The Croatian government has admitted holding secret meetings with the owner of the biggest private company in the country, Agrokor, over its worsening financial troubles.

merits-of-canada-eu-trade-deal-divide-croatia-03-08-2017-1
09 Mar 17

Merits of Canada-EU Trade Deal Divide Croatia

Experts, politicians and activists are still at loggerheads over whether the EU-Canada trade agreement, CETA, will help - or harm - Croatia.

croatian-coastal-town-plea-for-land-for-marina-02-27-2017
28 Feb 17

Croatian Coastal Town Seeks Land for Marina

The coastal town of Ploce has urged Croatia's government not to use its port as a training centre for military special units as this would threaten its plans to build a marina and hotels.

balkan-retail-giant-agrokor-face-new-troubles-02-24-2017
24 Feb 17

Balkan Retail Giant Agrokor Faces New Troubles

The biggest retail company in Croatia, with a strong presence in the region, faces fresh financial trouble, as its bond prices drop again.

croatian-consumers-not-benefiting-from-food-retailers-competition-02-03-2017
06 Feb 17

Croatia Shoppers Not Benefitting From Big Food Chains

Big foreign food retail chains continuing to enlarge their share of the market in Croatia will not result in consumers finding cheaper products on the shelves, an expert has warned.

eu-stats-not-showing-croatia-s-drop-of-employment-02-03-2017
03 Feb 17

Stats Show Fewer Workers - and Fewer Jobless - in Croatia

New EU and national statistics for December show the unemployment rate has fallen sharply in Croatia - but, less cheeringly, the number of people in work has also dropped.

Premium

ivica-todoric-croatia-s-tycoon-who-wanted-too-much-04-25-2017
27 Apr 17

Ivica Todoric: Croatia's Tycoon Who Wanted Too Much

Ivica Todoric, the man who transformed his flower company into one of the Balkans' biggest business empires, Agrokor, now faces the possibility of seeing the debt-ridden firm go under.

09 Mar 17

Merits of Canada-EU Trade Deal Divide Croatia

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

02 Mar 12

Wikileaks: The IMF’s Fault for Balkan Wars

09 Oct 12

Montenegro's Parties Argue Over Border Dispute