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Latest Business News from Croatia

ramljak-quits-as-manager-of-croatia-s-agrokor-02-21-2018
21 Feb 18

Ramljak Quits as Manager of Croatia’s Agrokor

Croatia’s government is searching for a ‘new extraordinary’ manager for the troubled behemoth after Ante Ramljak quit over claims about conflicts of interest.

organic-farming-booms-in-bulgaria-and-croatia-01-28-2018
29 Jan 18

Organic Farming Booms in Bulgaria and Croatia

The two countries have seen the highest rate of expansion in their organic farming sectors in the whole of the EU in recent years.

croatia-risks-by-tying-to-booming-tourism-01-25-2018
26 Jan 18

Croatia Relies Too Much on Tourism, Economist Warns

Croatia has the third fastest-growing tourism industry in the EU, but its economy is at risk of relying too much one one unstable sector, an analyst says.

chinese-bid-to-build-croatia-s-peljesac-bridge-challenged-01-23-2018
23 Jan 18

Chinese Bid to Build Croatia’s Peljesac Bridge Challenged

Austrian construction company Strabag AG filed a complaint against a bid made by the Chinese Road and Bridge Corporation to construct Croatia’s strategically important Peljesac Bridge.

the-us-again-backs-croatia-s-planned-lng-terminal-01-18-2018
18 Jan 18

US Confirms Backing for Croatia's LNG Terminal

During the Croatian Interior Minister’s visit to Washington, US officials said Croatia’s planned gas terminal on the island of Krk enjoy's America's 'full support'.

chinese-company-to-build-croatian-peljesac-bridge-01-12-2018
12 Jan 18

Chinese Firm To Build Croatia's Peljesac Bridge

China's Road and Bridge Corporation will build the controversial Peljesac Bridge in southern Croatia, designed to link Dubrovnik to the rest of the country and bypass the Bosnian coast, it was announced on Friday.

creditors-will-take-croatia-s-agrokor-stocks-12-21-2017
21 Dec 17

Agrokor Unveils Deal to Give Creditors Ownership

The Croatian state management of the stricken Agrokor company has decided to resolve part of the company's huge debts by transforming the company's creditors into owners of its more profitable parts.

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.

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

02 Mar 12

Wikileaks: The IMF’s Fault for Balkan Wars

09 Oct 12

Montenegro's Parties Argue Over Border Dispute