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Latest Business News from Croatia

croatia-postpones-disputed-tax-law-after-petition-08-09-2017
09 Aug 17

Croatia Postpones Property Tax Law after Backlash

After a petition against a proposed law to introduce property taxes attracted over 130,000 signatures, the Croatian government decided to postpone its implementation.

croatia-s-trade-barrier-angers-neighbors-08-02-2017
02 Aug 17

Croatia's Raised Import Tax Angers Neighbours

Western Balkan countries have united in condemning Croatia's tax increase on imports of fruit and vegetables, with some hinting at possible counter-measures in response.

croatian-tourism-sector-needs-workers-07-31-2017
01 Aug 17

Croatian Tourist Boom Runs Short of Workers

Low quotas set for foreign workers and poor work conditions are being blamed for a labour shortage in in Croatia's otherwise booming tourism sector.

croatia-vouches-selling-planed-state-property-07-27-2017
28 Jul 17

Croatia Vows to Meet State Asset Sales Target

Ministry says it will meet target of pouring 128 million euros into the budget by selling state-owned property and stocks in non-strategic companies - though some economists have their doubts.

croatia-agrokor-starts-repaying-small-suppliers-07-26-2017
26 Jul 17

Croatia's Agrokor Starts Repaying Indebted Suppliers

The state-appointed management of Croatia’s biggest company, Agrokor, said the company will now start repaying its small suppliers with a first tranche of 18 million euros.

dubrovnik-got-millions-from-game-of-thrones-study-shows-07-19-2017
19 Jul 17

'Game of Thrones' Brings Croatia's Dubrovnik Rich Reward

Fans of the cult TV series Game of Thrones spent almost 126 million euros in the Croatian city of Dubrovnik, where it was partly filmed, a research article shows.

no-consensus-on-guests-rights-on-croatia-s-beaches-07-11-2017
12 Jul 17

Access to Beaches Remains Hot Topic in Croatia

Reports about a teen who was allegedly turfed off a private beach have rekindled the controversy over whether private concessioners to Croatia’s public beaches are unjustifiably limiting people's access.

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.

Premium

bumper-tourism-figures-pose-challenge-for-croatia-07-12-2017
14 Jul 17

Bumper Tourism Figures Pose Challenge for Croatia

Double-digit growth rates in Croatian tourism in the first six months of 2017 cannot be sustained forever - and will one day compel adoption of a different strategy.

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