Category: Business

Croatia Gets More Connected With New Warsaw-Zagreb Service

CroatiaPolish airline company Eurolot have announced that they will be introducing daily flights to Croatia….

EuroLOT will commence its Warsaw-Zagreb service on 26 October 2014, connecting the Polish and Croatian capitals on a daily basis for the first time. Until now connections were available from Poland to Zadar, Split and Dubrovnik only during the summer months, but now there will be a direct option to Zagreb. EuroLOT was established in 1996, and after the Polish state company restructured the airline received a much needed cash injection, which has led to the airline introducing more services such as the Zagreb route.

Dubrovnik to be First Airport in Croatia to get Jet Bridges

CroatiaIf you have flown into Croatia then you will be familiar with the short bus trip from the plane to the airport terminal building. One airport however will be able to offer passengers a different service later this year…

Dubrovnik airport will be the first airport in the country get a jet bridge, which will enable passengers to walk covered from the plane to the airport terminal building. In an upgrade project that will cost around 1.1 million euros, Dubrovnik airport will be home to two jet bridges by the end of this year, says Dubrovački Dnevnik. Work will start at the end of October.

Croatian Startup PhotoMath in Final of TechCrunch Competition

CroatiaCroatian tech startup MicroBLINK have made it through to the final of London’s $50,000 TechCrunch Startup Battlefield competition…

MicroBLINK made it through to the final thanks to their mobile app PhotoMath, a smart camera calculator which offers mathematical solutions after taking pics of the problem. The app also acts as an educational too, showing step by step solutions to the mathematical equations. The app is free and available at App Store, with an Android version set to be released next year.

Battlefield is a premiere startup competition presented by TechCrunch where hopeful founders and entrepreneurs can apply to have their young, unseen startup launch on technology’s biggest stage.

[PHOTO] €5 Million Makeover to Modernise Zagreb Zoo

ZooZagreb Zoo is set for a 5 million euro makeover, with 95% of the project being funded by EU funds…

The 7-hectare zoo located within Maksimir Park in the capital first opened its doors in 1925, and the latest 38 million kuna (5 million euros) investment to modernise the zoo is aimed at trying to attract more visitors.

“We started preparing this back in 2004 hoping that Croatia would soon become part of the EU so we could apply for funding. When it finally happened we applied with the aim of attracting more visitors and we got the money,” Zagreb Zoo Director Davorka Maljković said, adding that 95% of the project will be financed by the EU, with Zagreb City covering the remainder.

Zoo1The new modern-looking zoo is set to be finished by autumn 2016, and staff confirmed that whilst renovations are taking place the zoo will remain open to the public. The zoo is home to over 2,225 animals representing over 275 species, including snow leopard, red panda Okapi, Addax, Scimitar Oryx, North China leopard, Common Chimpanzee, Diana Monkey, Wisent, Pygmy Hippopotamus, and Bactrian Camel. (pic: Zagreb Zoo)

Croatian Firm to Provide Official GPS Navigation for Dubai

CroatiaIf you find yourself lost in Dubai and looking for directions to your destination on your smartphone, then you will be using software developed by a Croatian firm..

Dubai has taken the official iPhone and Android app from Zagreb software company Mireo, and says that thanks to its advanced technology, it is more effective than Google Maps.

“We believe that RTA Smart Drive will be more reliable than Google Maps because it uses information received from the police and other public services. It also uses data regarding planned and anticipated bypass roads, traffic accidents, and notifications from taxi drivers,” said Ahmad Hashem Behroozian, from Dubai’s RTA agency who are charged with managing the project.

Besides Dubai, Mireo’s GPS system has also been ordered in Riyadh and Dammam. The majority of Mireo’s revenues are based on exports, but its Don’t Panic GPS app is the most sold app on Croatian iTunes.

“We are proud of the fact that we have got jobs where there is intense international competition, and even more so that we got the smart drive project, which is part of Dubai’s Smart City 2020, which is an extremely complex project,” CEO Leonardo Siladić said.

4 Croatian Tech Firms Make Deloitte Fast 50

CroatiaFour Croatian tech companies have made Deloitte’s list of the 50 fastest growing technology companies in Central Europe, with one being named in the top 10…

The ‘Deloitte Technology Fast 50′ is a prestigious annual award which honours the fastest growing Central European technology companies, based on the percentage of revenue growth over a five-year period (2009-2013). Revenue growth is calculated in local currency. Companies must meet a minimum revenue threshold (in Euros) in order to qualify.

Croatian tech firms Infinum, Nanobit, Europa Digital and Lemax had the honour of making the list this year, with mobile and web software design and developers Infinum making the top 10 (9th) with growth of a massive 1,168%. Hungarian internet real estate firm topped this year’s list with growth of 2,259%. Poland were the best represented nation on the list with 17 firms, followed by Hungary (10) and Romania (6), whilst software developers (26) were the largest industry on the list, followed by internet services (12).

Firms from Croatia also on the list were mobile application and game developers Nanobit, is Digital designers and developers Europa Digital, and Lemax, a software development company which specializes in development of Travel business software solutions, and Travel website creation.

easyJet Introduce Amsterdam – Dubrovnik Service

easyjetBritish low-cost carrier easyJet have announced that they will launch a service from the Dutch capital Amsterdam to the popular Croatian tourist destination of Dubrovnik next spring…

easyJet will fly twice weekly (Sunday, Thursday) to Dubrovnik from Amsterdam’s Schiphol Airport starting on 10 May 2015.

The popular budget airline said that it apart from Dubrovnik, it would fly from Amsterdam to Nice, Olbia, Venice, Toulouse and Hamburg. easyJet recently announced that it was to increase its Hamburg to Split service to three times a week starting in 2015.

Olive Season to Forget in Croatia

olivesOlive harvesting is currently going on in Croatia, but after a season to forget it could be bad news for olive oil lovers…

Olive growers in the country’s best growing regions of Dalmatia and Istria have called this year’s crop as one of the worst in a very long time. After a relatively warm winter, followed by a wet summer this year, olive fruit flies have wreaked havoc on crops up and down the Adriatic coast. With such a poor season, supply levels are set to push the price up, with some speculating that a litre of extra virgin olive oil could pass the 100 kuna (13 euros) mark.


Olive crop to forget this year

“There are three reasons why the state of the olive industry this autumn is disastrous. First the mild winter, because if there are no cold days there is no differentiation of buds. In May and June, when the olives bloom, Croatia was hit by severe and prolonged rain and the olives could not reach pollination. The final catastrophic thing that happened was the arrival of the olive fruit fly parasite,” Krunoslav Kovačević from the Olives Institute in Zagreb told Tportal, adding that the reduced quantity of local olive oil on the market should not affect pricing too much.

New Zagreb Airport Terminal Ahead of Schedule

ZagrebThe French-led Zagreb Airport International Company (ZAIC), who last year won a 30-year concession to manage and operate Zagreb International Airport, say that they are ahead of schedule with construction of the new multi-million euro terminal…

Zagreb Airport CEO, Bruno Mazurkiewicz, said that construction, which started this summer, was two months ahead of schedule and that the brand new terminal at Pleso could expect to be opened by December next year. The brand new spanking terminal will eventually 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.

Around 450 are reportedly working on site around the clock, with four Croatian firms involved in the construction, reported Ex-YU Aviation news. 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. Zagreb has seen double-digit growth in tourism arrivals in the last 2 years, with Zagreb Airport recording a 9% increase in passenger numbers so far this year.

Croatian Reality: 80,000 Workers on Minimum Wage

CroatiaOne in every 17th worker in Croatia earns the minimum monthly gross wage of 395 euros, reports daily Novi list

According to data from the Tax Office, there were 78,822 workers who in the first seven months of 2014 were on the minimum wage or less. The month of March saw the highest number of workers on the minimum wage recorded (81,400).

Under the minimum wage law, it is possible in exceptional cases where an employer may contract an employee for up to 5% less than the minimum wage. Judging by the Tax Office data, around 32,000 employees of the 78,822 were receiving less than the minimum wage. Workers on the minimum wage in Croatia earn 79.50 kuna (just over 10 euros), which needs to cover all living expenses, and syndicates have been trying for a number of years to get the minimum wage lifted. The Minister of Labour and Pension System are currently in negotiations with Unions about the level of the minimum wage for 2015.