Latest Business News from Croatia
18 Nov 08
Sarajevo _ With the exceptions of Montenegro and Kosovo, which only recently gained independence, people in the rest of the Balkans seem pessimistic about the economic and political situation.
18 Nov 08
Zagreb _ Russian oil company Lukoil plans to triple its investment in Croatia by 2011 and become more competitive against state-owned giant INA and its partner, Hungary’s MOL.
17 Nov 08
Belgrade _ Serbia’s government backs a key energy deal which foresees the sale of its oil monopoly, Naftna Industrija Srbije, NIS, to Russian energy giant, Gazprom, Serbia’s Prime Minister says.
14 Nov 08
Belgrade_Serbia’s Privatization Agency has launched its second attempt to sell a majority stake in the state-operated Fabrika Automobila Priboj, a loss-making truck and utility vehicles producer.
14 Nov 08
Belgrade_Serbia has received two bids for the sale of a 69.99-per cent stake in its river cargo fleet, the Jugoslovensko Recno Brodarstvo, local media reported Friday, citing a trade union leader.
13 Nov 08
Zagreb_Croatian President Stjepan Mesic and Prime Minister Ivo Sanader called for what media have dubbed "a Croatian New Deal", a national strategy to battle the country's economic crisis.
10 Nov 08
Zagreb_ Zeljko Rohatinski, governor of the Croatian National Bank, painted a mixed picture of Croatia's economy at a recent economic conference. While he did not expect Croatia to fare as badly as some economies, he warned against complacency.
07 Nov 08
Zagreb _ Just two days after being told it will be able to conclude EU accession talks next year, Croatia was reminded it will need to introduce drastic reforms to its state-owned shipbuilding industry.
06 Nov 08
Zagreb _ Swedish furniture retail chain Ikea says it will open its first store in Croatia in Rugvica, some 20 kilometres from the capital Zagreb in 2011.
05 Nov 08
Podgorica _ Croatia’s Gredelj and Montenegro Railways have signed a €3.5 million deal to repair and modernise ten passenger carriages, Gredelj said on Tuesday.
29 Oct 08
Zagreb _ Croatia’s stock market index CROBEX has plunged around 50 percent in the course of 2008 as the global financial crisis takes a toll on Croatia’s underdeveloped and sensitive economy.
29 Oct 08
Sarajevo _ Bosnia’s business environment “seriously lags behind” both other Balkans and EU countries, finds the latest World Economic Forum report and this is likely to get worse.
28 Oct 08
Sarajevo _ Representatives of Bosnia’s state government and the European Bank for Reconstruction and Development have agreed a €180 million loan for the construction of a key road.
24 Oct 08
Zagreb _ Croatia will have to pay €79 million to Italian construction firm Astaldi and Austria’s Hypo Bank as a result of two separate cases before arbitration courts in Vienna and London.
23 Oct 08
Sofia _ Croatian oil giant INA tops a list of the 100 most successful companies in southeast Europe in terms of sales revenue in 2007.