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Latest Business News from Croatia

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.

experts-split-upon-croatia-s-historic-industry-growth-01-31-2017
01 Feb 17

Croatia’s Industrial Growth Leap Divides Economists

Croatia’s announcement that industrial production grew by a staggering 14.9 per cent year-on-year - the biggest rise in 16 years - drew conflicting assessments from economic analysts.

plan-to-taking-croatian-oil-fields-in-syria-uncertain-01-12-2017
13 Jan 17

Croatian Plan to Regain Syrian Oil Fields Queried

Top Croatian energy expert expresses doubt about claims that the energy company INA can retake control over its abandoned oil and gas fields in war-torn Syria.

croatian-central-bank-euro-wishes-show-discrepancy--01-10-2017
11 Jan 17

Croatia Bank’s Hope of Introducing Euro Questioned

The Croatian National Bank wants to introduce the euro, but an economics expert warned that the public debt and current state budget are not favourable for such a move at the moment.

croatia-s-planned-energy-company-re-purchase-carries-risks-12-28-2016
29 Dec 16

Buying Back INA Will Cost Croatia, Economist Warns

Croatia’s announced buy-out of the energy company INA from the Hungarian giant MOL risks enlarging Croatia's already high level of public debt, an expert has warned.

croatia-russia-trade-unaffected-by-political-disputes-11-30-2016
01 Dec 16

Croatia Shrugs off Slump in Trade With Russia

Sharp falls in Croatian imports from Russia worry few experts in Zagreb - who in any case blame falling energy prices and changes in currency exchange rates as well as tit-for-tat sanctions and political feuds.

croatian-tax-reform-to-benefit-all-11-15-2016
16 Nov 16

Croatian Tax Reform Expected to Boost Incomes

The government’s recently-announced tax reform, intended to stimulate spending and economic growth, is expected to benefit both companies and ordinary Croatians, experts said.

croatia-bosnia-to-discuss-key-bridge-project-09-13-2016
14 Sep 16

Croatia, Bosnia to Discuss Key Bridge Project

Croatian and Bosnian officials will meet to discuss the construction of a long-delayed new bridge linking the two countries which is important for the development of Bosnia's Serb-dominated entity Republika Srpska.

cruisers-port-of-no-need-to-dubrovnik-07-21-2016
22 Jul 16

Cruise Liners' Terminal 'Not Needed' in Dubrovnik

After the project to build a special cruise-liner terminal in Dubrovnik foundered on Wednesday, some analysts say the world-famous Croatian maritime resort would not have gained much from it.

croatia-s-early-elections-to-slow-down-needed-reforms-06-01-2016
03 Jun 16

Croatia Experts Fear Elections Will Slow Reforms

No-confidence motion in Croatian Vice-Prime Minister has potential to provoke early elections, which will also delay key reforms dealing with the budget deficit, experts warn.

biggest-chinese-business-summit-kicks-off-in-zagreb-05-27-2016
30 May 16

Major Chinese Business Summit Opens in Croatia

More than 50 companies from the Chinese region of Zhejiang are to meet with around 60 Croatian companies in Zagreb to 'explore new business activities'.

erdogan-s-zagreb-visit-attempt-to-improve-position-04-25-2016
26 Apr 16

Erdogan Visits Croatia to Bolster Turkey's EU Role

The Turkish President’s visit to Croatia this week will shore up Turkey's position in Europe, while raising hopes of benefits for Turkish exporters and tourism industry.

oil-gas-exploitation-waiting-for-new-croatian-government-04-21-2016
22 Apr 16

Oil and Gas Exploitation in Croatia Put on Hold

Croatia's Hydrocarbon Agency said the exploitation of gas and oil reserves in the country was being delayed until the new government completes a number of procedures prior to signing the deals with the energy companies.

Premium

croatia-s-biggest-retailer-struggles-to-avoid-collapse-02-19-2017
20 Feb 17

Croatia’s Biggest Retailer Struggles to Avoid Collapse

The biggest retail company in the region, Croatia’s Agrokor, is facing an uncertain future due to its accumulated debt, and analysts say urgent measures are required to save it from demise.

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