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Latest Business News from Croatia

12 Sep 14

Croatia and MOL Resume Battle in Washington

Croatia and the Hungarian energy company MOL have taken their dispute over the fate of the Croatian energy company INA to Washington for arbitration.

more-tourists-don-t-mean-more-income-for-croatia-1
10 Sep 14

Croatia Tourism Booms Despite Uneven Weather

In spite of the poor weather seen in much of the western Balkans this year, the latest figures for Croatian tourism for 2014 showed a healthy upward trend compared to 2013.

world-economic-forum-balkan-shows-mixed-results
03 Sep 14

Balkan Economic Competitiveness Makes Uneven Progress

The latest World Economic Forum report on global competitiveness ranks Bulgaria as the best in the Balkans and Albania as the worst, just behind Serbia.

croatia-plans-taxes-on-savings-and-property
29 Aug 14

Croatia to Slap Taxes on Savings and Property

Croatia's centre-left government has decided to tax people's savings and property in the latest measure aimed at cutting the yawning budget deficit.

balkan-countries-to-jointly-overcome-economic-issues
28 Aug 14

Balkan Leaders in Berlin Pledge to Work Together

Balkan economy and finance ministers meeting in Berlin have agreed that their countries must jointly resolve economic issues that trouble the region.

croatia-cuts-civil-servants-salary-supplements
28 Aug 14

Croatia Cuts Civil Servants' Pay Supplements

Citing the need to cut expenditure, the government is cutting the supplements given to salaries in the public sector - though some economists say more comprehensive cuts are needed.

arbitration-hearings-start-over-control-of-ina
12 Aug 14

Arbitration Hearings Start Over Control of INA

The arbitration process to resolve the dispute between Croatia and MOL over control of the energy company INA has started in Paris.

croats-eye-using-serbia-to-skirt-russian-ban
11 Aug 14

Croats Eye Using Serbia to Skirt Russian Ban

As Croatian exporters ponder repackaging goods in Serbia to evade Russia’s import ban, Serbia says it won’t let itself be used for sanctions-busting.

fitch-drops-credit-rating-for-croatia
11 Aug 14

Fitch Drops Credit Rating for Croatia

Another top credit rating agency lowers its rankings for Croatia, citing concerns over growth in public debt.

croatian-tourism-shines-despite-poor-weather
11 Aug 14

Croatian Tourism Shines Despite Poor Weather

Lousy spring weather has not put off foreign visitors to Croatia, although the July figures saw a marginal dip on those from 2013.

croatian-labour-law-curbs-employees-rights
07 Aug 14

Croatian Labour Law Curbs Employees’ Rights

New Labour Law aims to make jobs market more flexible, giving employers a freer hand when it comes to managing workforce.

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.

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.