The Qatari delegation, led by the Minister of Industry and Energy Mohammed Saleh Abdulla Al Sada, which is currently in Croatia to progress talks regarding investing in a liquefied natural-gas terminal on the island of Krk, have visited the site yesterday…
It is the second visit by a Qatari delegation to the small town of Omisalj in the north-west of the island of Krk where a LNG terminal is to be built. The construction reportedly will cost around 630 million euros, with the benefits, according to a feasibility study accessed by daily Jutarnji list, will stretch into the billions of kuna for the Croatian economy.
Direct benefits to Croatia’s budget will be to the tune of around 230 million euro annually. Croatian natural gas transmission system operator Plincaro will earn an extra 50-80 million euros from increased business, meaning a more than 2 billion kuna injection to the Croatian budget. Local companies are also expected to profit during the terminal’s construction (cca 350 million euro), with an extra 400 jobs created as a result.
There were 1,922 new cars sold in Croatia in November, 12.4% less than in October, but 17.8% more than in November 2012, according to data released from agency Promocija Plus…
Last month’s sales brings the total number of new car sales in 2013 in Croatia to 26,080, which is 13.1% or 3,949 more than last year. Volkswagen continue to be the market leader in Croatia, with a 16.9% market share. Behind Volkswagen were Opel (9.9%), Peugeot (7.3%), Hyundai (6.8%) and Renault (6.2%).
The Volkswagen Golf (1,621) was the most sold car in Croatia in 2013, followed by the Volkswagen Polo (1,213), the Opel Astra (957), Opel Corsa (830) and the Hyundai i30 (775).
Qatar’s Minister of Industry and Energy Mohammed Saleh Abdulla Al Sada has led a Qatari delegation on a visit to Zagreb at the invitation of the Government of the Republic of Croatia…
Croatia and Qatar sign memorandum on Thursday in Zagreb (pic: Vlada)
On Thursday morning the delegation met with Croatia’s Minister of Economy Ivan Vrdoljak and other government officials. The Croatians and the Qatari’s have signed a Memorandum of Understanding in the field of energy technology at today’s meeting, which is the first step in the Qatari’s planned investment in the LNG terminal on the island of Krk.
Talks of the Persian Gulf country investing in the construction of a LNG terminal in Croatia started a number of years ago, with a Croatian delegation led by President Ivo Josipović visiting Qatar last year. The deal, which will inject much-needed cash into the Croatian economy, looks like it could be nearing closure.
Croatia’s Atlantic Grupa and Anglo–Dutch multinational Unilever have today signed an agreement which will see the Croatian company take over distribution of Unilever products in Croatia and Slovenia…
Atlantic Grupa CEO Emil Tedeschi (pic: Atlantic)
The contract, weighing up total annual sales of the Unilever portfolio in these two markets, is worth a total of around 32 million euros, reports Atlantic Grupa.
“It is great recognition when a successful international company such as Unilever recognizes the value and potential of distributors that have been developing for more than 20 years, and they have decided to give confidence to our management and our efficient distribution system, which, in addition to providing superior service and quality relationships with customers, are experts in the market. Through our collaboration we will justify their trust and well-deserved reputation for the mutual benefit and satisfaction of all our customers and consumers, “said CEO of Atlantic Grupa Emil Tedeschi.
Atlantic Grupa trades out of 16 distribution centres, and delivers to more than 53,000 places. Unilever’s portfolio of brands include Dove, Lux, Rexona, Lipton’s Tea, Cif and the Hellman’s range.
Doubts have once again been raised about the ability of French consortium ZAIC (Zagreb Airport International Company) to raise finances for the upgrade of Zagreb international airport…
ZAIC, who signed a 30-year concession with the Croatian government to build and manage a new passenger terminal in Croatia’s capital, were due to take over the management of the airport on Monday but have postponed their take over for the 3rd time. ZAIC originally were to take over Pleso airport in April this year, but that date was pushed back to October, and then again until 2 December to give the consortium the time to stump up with the required 365 million euro to fulfill contractual obligations and begin building the new terminal.
Recent staff strikes at the airport was used as the official line as to why ZAIC had again shifted the goal posts when it came to a take over date. According to earlier media reports, ZAIC’s main problem is finding a guarantee for a 120 million euro loan secured from the European Investment Bank. The contract with the Croatian government stipulates that all building work needs to be complete by April 2016. It was planned that over the next three years the new terminal would be built, which would initially be able to accommodate 5 million passengers per year. In the second phase, the building would be expanded to a capacity of 8 million passengers.
Croatian firm and leading digital marketing agency iSTUDIO, have achieved remarkable success by becoming only the 4th company in the world to enter into a strategic partnership with both Facebook and Google…
iSTUDIO staff celebrating their 4th birthday this year (pic: Facebook)
After Facebook selected the young Croatian company in the spring of 2012 to become one of its top 200 agencies to work with, giants Google have followed suit just weeks ago. After several months of going through a stringent application process, iSTUDIO has announced that it is to go into a strategic agreement with Google to become a Google Analytics Certified Partner.
As a GACP, iSTUDIO will be able to provide clients with even better services. This agreement positions the company as a trusted Google partner in implementing and using the Google Analytics tool in order to improve its services, says iSTUDIO. Only two companies in Europe have partnerships with both Facebook and Google, and only 4 in the world now altogether.
“This is a tremendous milestone for iSTUDIO. It proves that we are on the right track. We work hard everyday to upgrade our knowledge and to perfect ourselves in what we do. Our team is made of great professionals with huge knowledge and we will tend to improve our expertise even more to be recognized as professionals in digital advertising in years to come,” said CEO Daniel Ackermann.
The Google Analytics Certified Partner Program is a highly qualified global network of companies specialising in Google Analytics, a free, enterprise-class online measurement tool. Businesses of all sizes can work with Certified Partner to receive professional help with training, implementation, customizations, and consulting services to make their websites and marketing campaigns more effective.
Virtual currency Bitcoin, which has now passed $1,000 per unit in value as newcomers scramble to join the digital gold rush, can now be used as currency in Croatia, even if it is only at two places, reports Poslovni dnevnik…
According to the portal Spendbitcoins, Dubrovnik apartments Lunea have advertised on their website that besides payment via PayPal, they also accept Bitcoins. The second place which accepts Bitcoins in Croatia is on internet portal Honorarniposao.net. Bitcoin is decentralized digital money and is the currency of the Internet and is distributed worldwide. Unlike traditional currencies such as dollars, Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoins. As such, it is more resistant to wild inflation and corrupt banks.
Bitcoins have become popular because of their ability to be used to anonymously purchase anything on the Internet.
Greece, Spain and Croatia lead the way in the European Union when it comes to unemployment rates, according to the latest Eurostat data…
There were 26.9 million people jobless in September in the EU, of which 19.4 million live in the Eurozone. In comparison with data from August, the number of unemployed has increased by 61,000 in the EU, of which 60,000 live in the Eurozone. Among the member states which recorded the lowest unemployment rates were Austria (4.9 percent), Germany (5.2 percent) and Luxembourg (5.9 percent).
The rate of unemployed young people in September was 23.5 percent in the EU and 24.1 percent in the Eurozone. In Croatia, 52.8 percent of young people do not have jobs, say Eurostat.
Croatia’s largest privately owned company Agrokor, which owns supermarket chain Konzum, has opened a shopping centre in the eastern Croatian city of Vukovar…
Golubica Mall is Agrokor’s latest investment and is worth 9 million euros, bringing its total investment in Vukovar to more than 80 million euros. The three-level mall, covering more than 9,000 square metres, has taken just on 18 months to construct and includes retail outlets, cafes, a bowling centre and soon a cinema.
“With a total investment of over 600 million kuna, Agrokor even before the opening of Golubica Mall held the leading position among investors in Vukovar. It is our honour and obligation, to work with you to continue to develop business, serve the town of Vukovar and its people,” said Agrokor’s Ivan Todorić, adding that the company also plans to donate and build a new children’s playground for the children on Vukovar. (photo: Agrokor.hr)
Croatia’s Gross Domestic Product (GDP) rate has fallen for the eighth consecutive quarter, with the Central Bureau of Statistics saying that the largest impact effect the fall has been a further drop in exports of goods, and reductions in the processing industry…
In the third quarter of 2013 Croatia’s GDP continued to decline, and at a lower than in the second quarter. Croatia’s GDP fell 0.6% compared to the same quarter last year. Economic analysts earlier expected a reduction between 0.2 to 0.7%. Croatia’s GDP drop was by far the worst amongst EU member states. Cyprus held that dubious record, with their GDP falling a record 5.7%, with the Czech Republic, Italy and Spain all falling by more than 1%.