Category: Business

Subway Soon In Croatia…Again…

Croatia71American fast food restaurant franchise Subway look to be making a return shortly to the Croatian market…

Subway, the largest fast food chain in the world, is currently expanding in central and southern Europe, and its Head of Development for Central and Eastern Europe, Martin Princ, says that the chain plans to do business again in Croatia.

“As in other central and eastern European countries, we want to open restaurants first in the larger Croatian cities. We are interested in for example Zagreb, Dubrovnik, Rijeka, Split, Pula, Zadar, Omiš or Osijek. We are currently negotiating with the first entrepreneurs who have shown interest in getting a franchise licence,” said Princ, adding that the plan is to open at least 22 Subway restaurants in Croatian cities with more than 50,000 people.

Princ says that a potential franchise owner would need to invest around 145,000 euros to obtain a Subway restaurant.

Subway operated in Croatia once before in the early 2000’s, but shut down operations a few years later. Princ says that apart from Croatia, there are plans to open restaurants in Serbia, Montenegro, Macedonia and Bosnia and Herzegovina.



Croatian Helmet Manufacturer Seal Big Deal in Abu Dhabi

Croatia22Military equipment producer Šestan-Busch, based in Prelog, a city in the Međimurje County in northern Croatia, have secured a major business deal at the world’s most important defence exhibition in Abu Dhabi…

Šestan-Busch have secured an order of more than 1,000 helmets from buyers in the United Arab Emirates, Turkey, Bangladesh and Africa at the International Defence Exhibition and Conference currently being held. The order has now filled their production capacity for the year.

Šestan-Busch manufactures the unique Modular helmet which consists of 6 different integrating components, and provides complete protection from the head to the shoulders. The helmet replaces all previous helmets and meets the needs of all the facets of the military, special forces and police. Within a minute a soldier or police officer with one hand can assemble and disassemble the helmet and put it on his head.

The firm, which now has a reputation of being Europe’s largest and most quality helmet producers, have exported more than 600,000 helmets to over 50 countries. (photo / Davor Pahek and Alojzije Šestan from Šestan – Busch with their Modular helmet – UIH)



Slovenia Demands Say in Adriatic Sea Oil Drilling

Croatia55Croatia’s neighbours Slovenia want to be involved in the proposed Adriatic oil and drilling process…

The Slovenian Ministry for Environment and Spatial Planning have requested from their Croatian counterparts to be included in the planned environmental impact assessment for the exploitation of hydrocarbons in the Adriatic Sea, reports The Slovenia Times.

Slovenia feel that Croatia’s plans have ‘cross-border impacts’ and therefore should be involved in the process. UN protocol also backs up Slovenia’s request, noting countries should notify neighbouring countries of its intentions in such cases ‘as soon as possible’ before any plans or programmes are endorsed.

Once Slovenia are included in the process they then can request that consultations are held on any potential environmental issues, and must be kept up to date through the complete process of developments.

U.S-based Marathonoil, Austria’s OMV, Italian multinational ENI, London-based Medoilgas, and INA, owned by the Croatian government and Hungary’s MOL, were all been awarded licences earlier this year to explore and exploit 29 block areas, ranging from 1,000 – 1,600 square kilometres, eight in the northern part of the coast and 21 in central and southern Dalmatia.



Korean Exclusive Hostel in Downtown Zagreb

loveUp until a couple of years ago you could have counted the South Korean tourists in Croatia on your hand, but thanks to a popular Korean reality show shot in Croatia its popularity as a destination has risen dramatically, with over 350% growth in the number of arrivals…

The rise in tourists from the nation of 50 million plus people has led to the first ever exclusive Korean hostel to open up in Croatia’s capital. Situated in Mesnička street, Love Croatia Hostel has been designed especially for Koreans. The hostel, which has been opened for a while now, is owned by Croat Filip Oblak and his friend Seoung-Hoon Kim.

Koreans are renowned for travelling alone with hostels their prefered choice of accommodation. With more and more Koreans visiting Zagreb, the hostel is expected to have a busy year. Over 100,000 Koreans visited Croatia in the first half of the year last year and Love Croatia wants to make them feel like home when they are staying in Zagreb.

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“Croatia has a lot that attracts Koreans – beautiful coral, sea, islands, culture and heritage. Koreans have only recently discovered this, thanks to a popular TV series which was filmed in Croatia,” Korea’s Ambassador to Croatia Hyung-Won said.

Love Croatia has close to 30 beds in 7 rooms and offers transfers to the airport as well as to the bus and train station. (Love Croatia Facebook)

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Fancy a Job in Sunny Split?

splitAre you fluent in both Croatian and English? Are you adaptable, flexible and patience? Well then this job might be up your ally…

The British Embassy in Croatia is looking for a full-time Consular Assistant for a 6-month fixed term contract (April to September), based in Split, providing and delivering efficient consular assistance and services to British Nationals in Split and elsewhere in Croatia as required.

The successful candidate will give support to the Pro Consul in Split and to the wider Zagreb and regional Consular team during the busy summer season. Click here for more details.



Croatia and Brazil Strengthen Ties

pusicFirst Deputy prime Minister and Minister of Foreign and European Affairs Vesna Pusić began her official visit to Brazil, the first visit by a high Croatian official since 1997,  with a meeting with Deputy Foreign Minister Sergio Danese…

“Your tour of these countries shows Croatia’s interest in strengthening the ties, which for us is a good sign,” Danese said.

Pusić informed him about the state of affairs in Croatia and out foreign policy, given that Croatia is a part of the EU and is interested in affairs beyond its immediate neighbourhood. “Latin America is also of interest to us because of our large expatriate communities in some of its countries, but we would like to advance economic relations as well. We could also cooperate in development aid, which is one of the more important segments of Croatia’s foreign policy,” Pusić said, adding that Croatia was interested in building ships for Brazilian customers.

Brazilian deputy foreign minister said Latin America was also striving for an integration of sorts, inspired by the EU, adding that Brazil would like to cooperate more closely with Croatia within the EU-Brazilian relations (Mercosur) as well.

As for bilateral relations, Danese said it was important to organize a business forum, while governmental agencies and departments, such as the Department of Trade and Investment Promotion, were willing to assist in bringing in private ship companies. The Brazilian side also expressed interest in building transport infrastructure and ports, as well as cooperation in military and defence sector. The Minister will also visit Colombia and Chile, where she will attend a conference on “Women in Power and Decision Making: Making a World of Difference”. (source: mvep)

[PHOTOS] New Zagreb Airport Terminal On Track

terminalTransport Minister Siniša Hajdaš Dončić has visited the site of Zagreb’s new airport terminal, where construction is on track to be completed by the end of next year…

Currently there are 800 workers on site, with the roof and facade of the terminal expected to be finished by the end of this year. Last year the French-led Zagreb Airport International Company (ZAIC) won a 30-year concession to manage and operate Zagreb International Airport.

The brand new terminal will have the capacity to handle 5 million passengers annually, and will home 8 air bridges. The first phase of expansion will see the existing passenger capacity go from 2.2 million to 3.5 million per year, before adding 1.5 million more capacity in the next phase of the project. Total investment of the project is 331 million euros, of which 243 million is earmarked for the terminal design and construction, and the remainder for the maintenance of airport infrastructure over the entire period of the thirty year concession.

Hajdaš Dončić inspects the site of the new terminal

Hajdaš Dončić inspects the site of the new terminal

“It is important that are number of our companies are involved in the construction, nearly a thousand people are employed. It looks like the new passenger terminal will be built within the time limits,”said Minister Hajdaš Dončić. (photo / vlada)



Katainen: ‘My main message is to private investors – there are new opportunities. I firmly believe Croatia will profit from Invest EU’

 

vladaEuropean Commission Vice President for Jobs, Growth, Investment and Competitiveness Jyrki Katainen has presented to the Croatian parliament a EC investment plan which will attract over 300 billion euros over the next three years…

The aim of the investment plan, which the EC expects will attract hundreds of billions of euros in private investment, is to stimulate growth, with a focus on developing communication and energy infrastructure and encouraging SMEs.

“My main message is to private investors – there are new opportunities. I firmly believe Croatia will profit from Invest EU,” said Katainen in Zagreb on Monday.

Katainen said that the European Commission’s plan, which should be operational by the summer, is to attract private investment in strategic sectors, with a preference for more risky projects in less developed southern Member States. The Commission wants to strengthen the single market of the EU through the harmonization of digital and energy markets and to encourage the financing of SMEs in the capital market, he said.

Croatia has forwarded a list of 77 projects to the Commission, worth over 21 billion euros. So far the EC has received around 2,000 projects available for investment from Member States worth around 1,300 billion euros. Starting capital of 21 billion euros, of which 16 billion will guaranteed by the EU for the Invest EU plan, with 5 billion guaranteed by the European Investment Bank. An independent body will select the successful projects.

“Europe is full of money, there is no lack of liquidity. The problem is that it is not invested in the real economy,” Katainen said, adding that the Commission estimates that 1.3 million new jobs will be created by the investment plan. (photo / vlada)

Croatian Tourism Team Drumming up Business in USA & Canada

33f429119010bf20bddb867576591770Croatia’s Minister of Tourism Darko Lorencin and Tourism Board Director Ratomir Ivičić are in North America this week drumming up business…

Lorencin and Ivičić will spend this week in America and Canada, where they will take part in a number activities to promote Croatia as a destination. Today the pair will meet with American tour operators, journalists and influential bloggers over a dinner in New York, where they will present Croatia not only as a destination, but also a gastro destination. Croatian food and wine will be served to familiarise the guests tonight.

The Minister and Director will visit the Croatian wine fair in New York on Tuesday, which is organised by the Croatian Chamber of Commerce, before heading off to Canada to attend SkyGreece Airlines’ official launch of their Toronto – Zagreb direct service which starts this summer. Whilst in Toronto the duo will also meet with local tour operators and travel agents to push Croatia as a destination to visit.

America is an important market for Croatia. With the number of Americans visiting rising 18% last year, there is a lot of room for improvement. According to data, Americans are amongst the biggest spending tourists in the world. There were 19% more Canadian tourists in Croatia last year.

Record Set at Rijeka Port as Largest Ever Ship Docks In

rijekaA new record has been set at Rijeka’s port in Croatia’s northern Adriatic…

On Friday morning Rijeka port welcomed in the largest boat in its history when the Danish giant Gerda Maersk sailed into the container terminal. Built in 2009, the Gerda Maersk container ship is 367 metres long, 42.9 metres wide with a capacity to carry 10,000 containers. Gerda Maersk made its way to Croatia from Malta, via Trieste. Owned by Mediterranean Shipping Company, and built by Daewoo in South Korea, the MSC Oscar is reportedly the world’s largest container ship at just under 400 metres long with a capacity to carry 20,000 standard 20ft containers.