Who Will Profit Most from New GUP?
Investors, project designers and construction companies appear to have all gotten what they wanted from the new Urban Development Master Plan (GUP) – the opportunity to build throughout Zagreb in a much less constricted way. The paper lists the...
The Sunsail / Thirsty Thursday Sailing Weekend
We are planning another sailing weekend for the May Bank holiday. If you are interested, please email us to register. CLICK HERE
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EPH CEO Stipe Oreskovic
EPH is about to reach a partnership agreement with Zagrebacka banka on joint running of business magazines, BANKA and EUKONOMIST. The company is also negotiating launching a regional edition of FORBES magazine, and has recently acquired the FERAL...
Helsinki Satisfied with Crotram
The public transport commission (HKL) in Helsinki is reportedly satisfied with the Crotram, a modern Croatian-designed and manufactured tram that has been undergoing tests on the streets of the Finnish capital. It has passed the technical testing and...
Quaestus Real Estate IPO
The Agency for the Supervision of Financial Services (HANFA) has given the private equity fund Quaestus Invest the go-ahead to issue shares on the open stock market for their new Property Fund. Quaestus, headed by controversial former Finance Minister...
Belupo Trying to Establish Pharmacy Chain
Belupo, a drug company still partly in State hands, is seeking to form a national chain of pharmacies, acquired from the State, that will run at a profit and create added value. Negotiations have already begun with seven pharmacy companies.
Plodine Makes Big Strides
Plodine supermarket chain owner and CEO Mile Curkovic talks about what his company will bring to the markets of Serbia and Bosnia-Herzegovina. He explains how he plans to turn Plodine into the second largest and most recognizable retail chain in Croatia.
New Minister of Tourism an Easy Target
New Minister of Tourism Bajs has been targeted by the media - and most recently by former State Secretary for Tourism - as unprepared or incompetent for the new job. Bajs himself seems to be doing much to confirm this impression. He obviously plans to...
HSLS Criticizes Agrokor
HSLS Zagreb chapter president Kosor thinks Agrokor should share the responsibility of rising prices in Croatia. A one-percent rise in energy prices cannot account for the 50-percent rise in the price of edible oil, he says. The Government could react...
INA CEO Against Government Fuel Policy
INA CEO Tomislav Dragicevic criticizes the Government policy to defend the price of Euro-diesel fuel prices as well as its methods of regulating energy transport prices. He proposes introducing a family welfare card for all those who need cheaper...
Gen. Cacic to Be Investigated
The Government has requested VSOA to submit a report on the 'generals' hunt' in which ICTY defendant Gen. Markac took part during his house arrest. The case might reflect very badly on Head of VSOA Gen. Cacic and may even cost him the post, think the...
Gotovina-Cermak-Markac Trial Begins in March
The Gotovina-Cermak-Markac trial will probably start on 11 March, as decided at the Friday status conference of The Hague Tribunal (ICTY). It was also decided that the prosecutor would have to give up almost two thirds of its planned witnesses due to...
Foreign Minister Gordan Jandrokovic
Jandrokovic is confident that Croatia will enter the EU by the end of this Government mandate and dismisses the recent pessimism of Rapporteur for Croatia Swoboda about the Croatian chances. He does think the pace of negotiations and reforms must...
Bianca Matkovic's New Job
The appointment of former Head of Prime Minister's Office Matkovic as the new State Secretary at the Foreign Ministry comes as no surprise in light of her career path. Matkovic, considered to be an éminence grise, is described as a private...
Citizens Trust Sanader
A public opinion poll shows that the majority of the citizens are satisfied with the way the new Government has turned out and the way Prime Minister Sanader is doing his job. Some of the Cabinet choices are not liked quite so much - citizens...
Plomin Power Plant to Continue Using Coal
HEP has no plans to phase out coal as a fuel source, and hopes to use it in tandem with natural gas sources, especially as demand for energy grows.
Polish Asseco Takes over Logos and Arbor
Polish-based IT giant Asseco has acquired the firms Logos from Zagreb and Arbor in Rijeka, which will become the backbone of the regional subsidiary Asseco South East Europe. IT companies already purchased in Serbia and Romania will join the Croatian...
HPB in Telecom Business
The State-owned HPB postal bank has reportedly bought Zoran Curkovic’s stake in the telecommunications firm H1, of which he is the founder and majority owner. The 55-percent stake could be worth EUR 7-8 million. HPB plans to work with H1 to find...
GDP Grows Slowly
Most emerging markets – including those of Southeastern Europe – will feel the consequences of adverse developments on international markets – namely, economic slowdown. ZABA’s economists expect growth in the Croatian economy to...
State Secretary for Tourism Resigns
State Secretary for Tourism Zdenko Micic has resigned from his post in order to transfer to the private sector. He is critical of the way in which the Government has approached the portfolio of tourism, but is thankful that a separate Ministry of...
Blackstone – First Migros, then Agrokor?
Blackstone, a global private equity giant, is financing Agrokor in its endeavor to buy Turkish retail chain Migros. Apparently, Agrokor would get its loan to buy Migros and Blackstone would get a share of the equity of the whole group. Agrokor is...
Bizarre Case of State Stake in ZABA
Pasko Kacinari, a controversial Zagreb jeweler, has sued the State and won his claim that the privatization of Zagrebacka banka did not include much of the bank’s capital, which was mostly held by the State. The buyers, UniCredit Group, never had...
|Property of the Month|
|Location: Zagreb - Pušća
Short description: House with additonal objects and orchards, 5345 m2, Pusca
|Rental of the day|
A newly modernized Villa nestled in a tranquil Bay - 2 Apartments with large terraces and stunning sea views.
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