Croatia

Croatian PM: Government's aim is Agrokor's long-term sustainability

Prime Minister Andrej Plenkovic said on Saturday that the government's aim was for the Agrokor food company to ensure, if possible, liquidity and a restructuring plan on its own as well as long-term sustainability.

SDP official says Agrokor case result of bad privatisation

A member of the Social Democratic Party (SDP) Presidency and member of Parliament, Sinisa Hajdas Doncic, said on Saturday that the current situation in the Agrokor food and retail concern was due to "crony capitalism dating from the time of ownership transformation."

Medulin investment conference: Croatia needs new economic model

Croatia needs a new economic model to become an export-oriented economy, and this goal can be achieved by greenfield and brownfield investments, a conference entitled "Greenfield investments

Leaders of 27 EU countries sign Rome declaration pledging unity

Leaders of 27 EU member-countries confirmed, by signing in Rome on Saturday a declaration on the occasion of the 60th anniversary of the signing of the Treaty of Rome, that they would continue building the EU together after Great Britain's decision to leave the bloc.

S&P affirms Croatia's 'BB/B' ratings and stable outlook

S&P Global Ratings on Friday affirmed its 'BB' long-term and 'B' short-term foreign and local currency sovereign credit ratings on Croatia with the country's outlook being assessed as stable.

Dalic: Bill being drafted on how to bail out companies vital for Croatia's economy

Croatia's Economy and SMEs Minister Martina Dalic said on Friday that the government was preparing a legislative and institutional framework to offer assistance to companies important for the the country's economy that are unable to duly service their obligations, with the aim of maintaining the stability of the national economy.

Croatian President: EU, NATO have lost focus on Southeast Europe

In the past decade the European Union and NATO stopped focusing on Southeast Europe because large conflicts in that part of Europe seemed to have been solved and there was less reason for concern, President Kolinda Grabar-Kitarovic said at Lund University in Sweden and underscored that that part of Europe needed more commitment from the international community.

Protest against Todoric, tycoons held in Zagreb

A peaceful protest called "Against Todoric: Against the Favouring of Tycoons" was held in downtown Zagreb on Thursday, with about 70 people expressing their disagreement with a policy which they said "protects tycoons and tramples on the little man" and saying they did not want to live in a poor country with 200 rich families.

Three reports filed against finance minister over Agrokor case

The Croatian Parliament's Conflict of Interest Commission has received three reports against Finance Minister Zdravko Maric which focus on the fact that before his latest post he was an employee of the Agrokor food and retail concern, Commission chair Dalija Oreskovic confirmed to reporters on Thursday.

It took 60 days to unravel what Todoric built in 41 yrs, says Bloomberg

It took Ivica Todoric 41 years to build an empire that now accounts for almost a sixth of Croatia’s economy, but two months of market panic were all that were needed for his main creditor, a Russian bank run by a longtime ally of Vladimir Putin, to decide that it’s time for him to go, Bloomberg wrote on Thursday.

Sberbank not considering closure of current credit lines to Agrokor

Russia's Sberbank is not considering closing the current credit lines to Agrokor's companies and continues to offer financial support aimed at stabilising the concern's current operations.

Marko Pipunic awarded as 2016 Ernst & Young Entrepreneur of the Year

Marko Pipunic of the Zito food processing group on Wednesday received the Ernst & Young Entrepreneur of the Year award for 2016.

Tedeschi confident owners, management will find solution for Agrokor's survival

Atlantic Grupa management board chairman Emil Tedeschi said on Wednesday he believed the owners and management of Agrokor would find, together with other stakeholders, a solution that would guarantee the concern's survival as a system and that his company was in contact with Agrokor's management.

President tells Croats in Sweden Zagreb will help if they want to come back

Croatian President Kolinda Grabar-Kitarovic told Croats in Sweden on Wednesday that she "cares a lot" about the unity of Croatia's emigrants and those living in the homeland, stressing that the government would help them if they wanted to return to Croatia.

PM: We must not fall into the trap of multi-speed Europe

Croatia should be very careful about the idea of a multi-speed Europe and must not fall into this trap, but needs to keep it open so that the EU would not become an exclusive directory of the five most influential members which will then make decisions for everyone about everything, Prime Minister Andrej Plenkovic said on Wednesday at a conference about the future of the European Union.

Croatian PM says important to secure liquidity and quality restructuring plan for Agrokor

Prime Minister Andrej Plenkovic said on Tuesday that the government was taking the situation in the troubled Agrokor food concern very seriously and responsibly, underscoring that the most important thing was to ensure the company's liquidity and draw up a quality restructuring plan and a plan for sustainable business activities of the concern which employs 60,000 people.

New passenger terminal of Zagreb's Franjo Tudjman Airport formally opened

A new passenger terminal of Zagreb's Franjo Tudjman Airport was formally opened on Tuesday evening with 500 guests attending, including Croatia's Prime Minister Andrej Plenkovic and the French government's Secretary of State for European Affairs, Harlem Desir.

Gov't backs suppliers' expectations for better communication with Agrokor

The Croatian government supports the suppliers of the Agrokor Group in their expectations of a clearer and more open communication with the Group and banks as well as in their expectations to be updated about and take part in processes such as restructuring and other business changes in that concern, Deputy Prime Minister and Economy Minister Martina Dalic said in Zagreb on Tuesday after a two-and-half-hour closed-door meeting with a score of suppliers.

Croatian president, Swedish PM warn about worrying situation in S-E Europe

The European Union must step up its engagement in Southeast Europe so that the countries there can complete their Euro-Atlantic integration and so that other countries do not take the EU's place, Croatian President Kolinda Grabar-Kitarovic and Swedish Prime Minister Stefan Lofven said in Stockholm on Tuesday.

Croatia has very high rate of children in long term poverty

The rate of children in relative poverty in Croatia is about 7% higher than the European average and the rate of children in long term poverty is extremely high, with only Bulgaria's and Romania's being higher, according to a survey whose findings were presented on Tuesday.

FinMin: I won't be limiting factor in resolving Agrokor situation

Finance Minister Zdravko Maric, who used to be an executive in the Agrokor Group, on Tuesday said in Brussels that in no way would he be a limiting factor in resolving the current crisis in that privately-owned concern.

Russia's Sberbank doing everything possible to support Agrokor - CEO

Russia's biggest bank Sberbank is doing everything possible to support troubled Croatian retailer Agrokor, to which it is a major lender, Reuters cited Sberbank's Chief Executive German Gref as saying on Tuesday.

Croatia's president meets with Croats in Sweden

Croatian President Kolinda Grabar-Kitarovic began a five-day official visit to Sweden on Monday by meeting with representatives of the Croatian community in Stockholm.

Sberbank prepared to continue to financially support Agrokor

An additional financial injection will stabilise the situation of Agrokor's current liquidity in the expectation of "the peak season" and Sberbank, together with VTB and other key creditors, is working on the solution of that problems, the Russian state-owned bank told Hina Monday.

Suppliers say are interested in their, Agrokor's stability

Croatia's five biggest food companies, big suppliers of the Agrokor retailer, met on Monday and concluded that it is necessary to maintain the stability of their companies as well as Agrokor, their biggest sales channel on the domestic market, Kras management board chairman Damir Bulic said.

PM: Gov't acting in Croatia's economic, financial stability regarding Agrokor

In the case of the Agrokor retailer, the Croatian government is acting in the interest of the country's economic and financial stability and also wants the consolidation of the concern's business, Prime Minister Andrej Plenkovic said on Monday.

Opposition politician rules out Russia's political interest in Agrokor

Croatian People's Party (HNS) leader Ivan Vrdoljak said on Monday that the focus of negotiations between the privately-owned Agrokor Group and its creditors was not on the owners, namely the Todoric family, or the management and supervisory boards but on Croatian families whose members worked in the group or for its suppliers, noting that Russia had only business and financial interest, and not political interest, in controlling factories in Croatia.

Ex-Yugoslav Navy captain placed in investigative prison for 1991 shelling of Sibenik

Former Yugoslav Navy captain Cedomir Borojevic has been placed in investigative prison in Split on suspicion that he ordered an artillery attack on Sibenik in September 1991.

Agrokor says its survival not at stake, working on new business model

The Agrokor concern said on Sunday that its survival was not at stake and that its management was working, together with key investors, on repositioning the corporate system and on defining a new business model that would protect the interests of all Agrokor stakeholders, taking care primarily of employees and their jobs and suppliers and partners.

Croatia among 11 EU countries to reach national targets for share of renewables

The share of energy from renewable sources in gross final consumption of energy in the European Union grew significantly in 2015 towards a target of 20% to be reached by 2020, and 11 countries, including Croatia, have already met their national targets, Eurostat says.

Bosnian Muslim leader accuses Croatian president of stigmatising Bosnian Muslims

The head of the Islamic community in Bosnia and Herzegovina, Husein Kavazovic, on Friday rejected as unacceptable statements by Croatian President Kolinda Grabar-Kitarovic in which she warns of the danger of the radicalisation of Bosniaks and accused her of encouraging intolerance and prejudice toward Muslims in that country.

Petrov says hesitating with EU enlargement could further destabilise S-E Europe

The prospect of EU membership for Southeast European countries is very important, Croatian Parliament Speaker Bozo Petrov said in Rome on Friday, where he was attending a conference of EU parliament speakers on the occasion of the 60th anniversary of the Treaty of Rome.

Podravka finds it vital that Agrokor maintain its stability

Podravka is a strategic partner of Agrokor and the Koprivnica-based food company considers it vital for Agrokor to maintain its stability, whereas keeping the market positions of Konzum and Mercator, retailers within the Agrokor Group, is strategically essential not only for Podravka but also for the whole food-producing industry in Croatia, Podravka said in a press release on Friday.

Coordinating Committee of Jewish Communities won't attend Jasenovac commemoration

Representatives of the Jewish community in Croatia this year again will not attend the April 22 official commemoration at Jasenovac, the site of a WWII concentration camp, as the Coordinating Committee of Jewish Communities in Croatia has decided to boycott it too.

Croatian parliament ratifies Paris Agreement

Croatia's lawmakers on Friday unanimously voted for the ratification of the Paris Agreement, a treaty within the United Nations Framework Convention on Climate Change (UNFCCC) dealing with greenhouse gas emissions mitigation and climate change responses.

Agrokor buys additional 10.1% of shares in Mercator from Agrokor Investments

The Agrokor Concern on Thursday bought 10.1% of the stock of Mercator from the Dutch company Agrokor Investments B.V. in which Agrokor's founder Ivica Todoric has a controlling interest, and the value of the transaction is some 40 million euros, according to Mercator share price on the stock exchange, the Slovenian media reported on Friday.

Bosnian security minister refutes Croatia president's claims

Bosnia and Herzegovina Security Minister Dragan Mektic on Friday once again refuted as unfounded claims by Croatian President Kolinda Grabar-Kitarovic about an increased threat from extremist groups in Bosnia, saying that there was no evidence to back her claims.

Agrokor denies claims about late tax payment

The Agrokor food concern stated on Friday that annually it paid three billion kuna in taxes to the Croatian tax authorities, saying that more than a half of that was Value Added Tax, and that the company had no overdue tax liabilities on 17 March.

Stier warns of crisis in Bosnia in absence of new election law

The adoption of a new election law is essential for Bosnia and Herzegovina to avoid a new political crisis, Croatia's Foreign and European Affairs Minister Davor Ivo Stier said in Neum on Thursday.

Bridge MP says Todoric and Tedeschi "holding country by the throat"

A bill on assessing the effect of regulations that should provide more legal security for citizens and companies was unanimously supported in parliament by all lawmakers.

Agreement on European partnership between Croatia and Bosnia and Herzegovina drafted

The Council of Ministers of Bosnia and Herzegovina on Wednesday drafted an agreement with the Croatian government on European partnership which should ensure that Bosnia and Herzegovina more readily meets European Union membership criteria.

Croatian PM calls for calm over Agrokor

Prime Minister Andrej Plenkovic has called for calm over Agrokor, saying that the government expects the managing board of this agricultural and food company to take wise and beneficial decisions for the company and its partners.

Agrokor analysing options for business stabilisation

The Croatian food and retail concern Agrokor stated on Wednesday afternoon that it and its partners were together analysing all options for stabilising the company's business operations and that it enjoyed great support from its investors.

Croatia Airlines to launch four new international routes

Croatia Airlines on Wednesday presented four new international routes, from Zagreb to Stockholm, Helsinki, Oslo and Bucharest, which will expand the airline's network of European destinations during the summer season.

Sberbank says is in direct contact with Agrokor

Sberbank is in direct communication with Agrokor, however, it cannot give more details about relations with its client, the commercial bank's Zagreb office said in response to Hina's inquires on Wednesday.

Stier says Croatia strongly for Montenegro's NATO, EU membership

Croatia supports Montenegro on its European and Euro-Atlantic journey and believes this is in Europe's geo-strategic as well as security interest, Croatian Foreign Minister Davor Ivo Stier said in Zagreb on Wednesday after talks with his Montenegrin counterpart Srdjan Darmanovic.

Opposition comments on serious state of affairs in Agrokor

Social Democrat (SDP) leader and lawmaker Davor Bernardic said in parliament on Wednesday that "when Agrokor is rocking, the whole Croatia is rocking, too," and underlined that it did not matter what would happen to the owners of that private food and retail concern but that the state must care for the destiny of 40,000 employees in that concern plus also 40,000 workers in suppliers doing business with Agrokor.

Petrov: Todoric responsible for Agrokor, analysts rule out state financial bailout

Croatian Parliament Speaker Bozo Petrov said on Wednesday that Agrokor's founder Ivica Todoric was responsible for the current state of affairs in that privately-owned concern and therefore he should be expected to make rational moves, having in mind that the incumbent government consisting of the Croatian Democratic Union (HDZ) and Petrov's Bridge party will not pursue a policy like the one 20 years before.

Three Italians arrested for fishing in Croatian waters

Split police on Tuesday arrested three Italian fishermen after catching them fishing in Croatian waters south of the island of Palagruza and they are expected to be brought before the Split Magistrate's Court on Wednesday.

Telekom Austria and Vipnet expect more favourable regulations for investment

The Croatian legislative framework is unfavourable for investment by telecommunications companies in fixed broadband Internet infrastructure and the country should do more to improve the situation, Telekom Austria Group CEO Alejandro Plater and Vipnet CEO Jiri Dvorjancansky told a press conference at Vipnet's head office in Zagreb on Tuesday.

First test landing at new Zagreb airport carried out

The first test landing at Zagreb's new Franjo Tudjman Airport was successfully carried out on Tuesday with passengers from Vienna disembarking and picking up their luggage, and the official opening of the airport is set for March 21 and it is to be open to traffic on March 28, Zagreb International Airport (MZLZ) company reported.

Croatia among countries with largest drops in incarceration rate

The number of people held in European prisons dropped by 6.8% in 2015 from the previous year, but prison overcrowding remained a problem in 15 European countries, the Council of Europe said in its annual penal statistics report on Tuesday.

Master plan for east Croatia's transport revitalisation to be drawn up

An agreement was signed on Tuesday on drawing up a 6.8-million-kuna transport master plan for the functional region of East Croatia aimed at improving the connectivity of Slavonia with the rest of the country. 

Croatia borrows EUR 1.25 bn on international market under most favourable terms yet

Croatia on Monday agreed the sale of a EUR 1.25 billion 10-year bond on the international market, with a yield of 3.19% and a coupon of 3.0%, which is the most favourable borrowing to date, the Ministry of Finance said.

Croatian President receives commander of NATO special forces in Afghanistan

Croatian President Kolinda Grabar-Kitarovic on Monday received the commander of the NATO Special Operations Component Command - Afghanistan (NSOCC-A), Major General Scott A. Howell.

Croatia notified of class action lawsuit filed by victims of WWII Ustasha regime

The Croatian Ministry of Foreign and European Affairs confirmed on Monday it had been notified of a class action lawsuit filed before a United States court in the name of victims of Ustasha-run concentration camps, stressing that Croatia was not the successor to the pro-Nazi Independent State of Croatia (NDH).

Ex-JNA reservist sentenced to 20 years for killing eight Croatian policemen and civilians in 1991

The County Court in the northern coastal city of Rijeka on Monday sentenced former Yugoslav People's Army (JNA) reservist Milorad Bozic in absentia to 20 years in prison for killing three civilians and five imprisoned Croatian police officers in Donji Hrastovac near Hrvatska Kostajnica in September 1991.

Salaries lower than 8 yrs ago, unions say

An analysis made by the European Trade Union Institute and the European Trade Union Confederation shows that numerous workers still do not feel the economic recovery because in seven European Union member states, including Croatia, salaries are lower than eight years ago, the Croatian SSSH union federation said on Monday.

Croatia to have a record long streak of 29 months of rise in retail

Consumption in Croatia in January 2017 is set to have risen at a rate of 4.4% on the year, according to forecasts made by three economic analysts polled by Hina.

SDP says those in power have no real desire for necessary reforms

The Social Democratic Party (SDP) believes the speculation that Public Administration Minister Ivan Kovacic might resign shows that those in power have no real desire for the comprehensive reforms Croatia needs, the leading opposition party said on Sunday.

Istria wins title of best olive region in world

"Flos Olei 2017", a reputable guide to the world of extra virgin olives, has declared Istria the most successful olive-growing region for the second year in a row.  

Gender pay gap in Croatia among lowest in central, east Europe

The Paylab international service which surveys salaries, of which Croatia's MojaPlaca portal is part, has concluded that women earn between 2 and 11 percent less than men on the same job in central and east Europe, the gap in Croatia being among the smallest.

PM pleased with Moody's upgrade, gov't to continue to reduce public debt

Prime Minister Andrej Plenkovic is pleased that Moody's Investors Service has upgraded Croatia's outlook to stable, the government said on Saturday, adding that the key emphasis of the economic policy would be on further reducing the public debt.

Moody's upgrades outlook on Croatia's to stable; affirms ratings

Moody's Investors Service on Friday changed Croatia's outlook to stable from negative and affirmed its Ba2 senior unsecured bond and Ba2 long-term issuer ratings.

Ex-FM denies irregularities in Brussels building purchase

Former Foreign Minister Vesna Pusic on Friday responded to President Kolinda Grabar-Kitarovic's statement that the purchase of a building in Brussels should be investigated, labelling as untrue the insinuations that there had been irregularities in the purchase during her term.

Croatian PM for demystifying multi-speed Europe; Juncker: It's no new Iron Curtian

The multi-speed Europe concept should be demystified and it is important that it does not exclude anyone, Croatian Prime Minister Andrej Plenkovic said in Brussels on Friday at the end of a EU27 summit, while European Commission Presdent Jean-Claude Juncker said it did not mean the creation of a new iron curtain.

PM says Brussels buidling for Croatian missions should put to use

Prime Minister Andrej Plenkovic said on Friday he had requested information on the refurbishment of a building bought four years ago for Croatian diplomatic mission in Brussels, adding that it was time it was put into function.

Croatian PM tells Juncker, Cerar arbitration with Slovenia over

Croatian Prime Minister Andrej Plenkovic said on Friday he told European Commission President Jean-Claude Juncker and Slovenian PM Miro Cerar that, for Croatia, the arbitration on the Croatian-Slovenian border dispute was over.

Croatia's Snjezana Pejcic new European shooting champion

Snjezana Pejcic is the new European champion in shooting after hitting 249.1 rounds at the European Shooting Championship 2017 held in Maribor, Slovenia.

EU membership alone not enough for steady growth, says minister

European Union membership alone is not enough to keep a stable and lasting economic growth, which needs an additional push through business cost cuts, a stimulating entrepreneurial climate and stronger competitiveness, Croatian Economy Minister Martina Dalic said on Friday.

Croatian PM says EU leaders have encouraged S-E Europe

European Union leaders have sent a message of encouragement to Southeast European countries and confirmed their European prospects, Croatian Prime Minister Andrej Plenkovic said in Brussels on Friday.

Ilcic resigns as Stier's advisor in order to run for mayor of Varazdin

Ladislav Ilcic, a special adviser to Foreign Minister Davor Ivo Stier and leader of the Hrast party, told reporters on Friday that he had resigned from his position as Stier's advisor and that in local elections set for May he would be running for the mayor of the northern town of Varazdin, while Hrast MP Hrvoje Zekanovic said he would be running for the mayor of the coastal town of Sibenik.

Project providing access to Croatian public e-services for other EU countries' citizens launched

The Croatian Public Administration Ministry on Friday launched a project enabling citizens from other EU member-states to access Croatian public e-services that are part of the e-Citizens for EU/EEA Citizens system.

Croatian FM says there's no reason for anyone in Bosnia to revel in ICJ decision

There is no reason for anyone in Bosnia and Herzegovina to revel in the rejection of the request to revise the 2007 ruling clearing Serbia of responsibility for genocide, Croatia's Foreign and European Affairs Minister Davor Ivo Stier said on Thursday and called on officials in Bosnia and Herzegovina to turn toward the European and Euro-Atlantic path and reforms and that Croatia would support them in that.

ECJ: Parking fines enforceable across EU if issued by courts

The European Court of Justice on Thursday ruled that parking fines are enforceable in European Union member-states provided they are issued by a judicial court.

Croatia's Finest broadcast again by National Geographic Channel

The rebroadcasting of Croatia’s Finest, a Croatian culinary travelogue in English filmed on locations across Croatia, has started in over 90 countries worldwide, the team conducting this project reported on Thursday.

Croatian business people more optimistic than in 2016

Croatian business people are more optimistic about 2017 than a year ago and believe the economic situation will improve this year, according to a survey by the KPMG consulting company, the findings of which were presented at the Croatian Employers Association (HUP) on Thursday.

Karamarko announces plan to establish public policy institute

Tomislav Karamarko, former leader of the Croatian Democratic Union (HDZ) party and former First Deputy Prime Minister in the government of Tihomir Oreskovic, said on Thursday he was entertaining the idea of establishing a think tank that would devise a plan for the development of Croatia over the next 25 years.

Meeting on Croatian 10-year Eurobond to take place in London on Friday

Croatia has mandated Citi, HSBC, Morgan Stanley and UniCredit to arrange fixed income investor meetings in London on March 10, Reuters news agency said on Thursday.

Croatia's textile industry sees workforce and investment halved in 10 years

The Croatian textile industry saw its workforce and investment halved in the period from 2005 to 2015 as some companies ceased operating and many downsized their workforces, data from the Financial Agency (FINA) show.

Night March for women's rights held in Zagreb

A Night March was held in downtown Zagreb on Wednesday on the occasion of International Women's Day in which 1,500 citizens said they were against restrictions of women's rights and asked for the right to a free, accessible and legal abortion.

Croatian President: Abortion ban doesn't solve anything

Speaking on the occasion of International Women's Day on Wednesday, President Kolinda Grabar-Kitarovic said in a television interview that a ban on abortion would not solve anything, but that she saw nothing wrong in providing counselling for women facing this choice.

Gov't proposes ratification of 2016 Paris Agreement

The Croatian government put forward to the parliament on Wednesday a bill to ratify the Paris Agreement, a treaty within the United Nations Framework Convention on Climate Change (UNFCCC) dealing with greenhouse gas emissions mitigation and climate change responses.

European Commission allocating money for Croatian LNG project

The European Commission said on Wednesday it was allocating funds for the trans-European energy infrastructure, including EUR 101.4 million for an off-shore LNG terminal on the Croatian island of Krk, EUR 747,999 for that project's studies, and EUR 40.5 million for a smart grid project (SINCROGRID).

"Women against Poverty" protest march held in Zagreb

In an attempt to point out the government's responsibility for the growing poverty of women, on the occasion of International Women's Day,  women's rights activists staged a protest rally in Zagreb's main square calling on relevant ministries to improve women's status.

Women owners or co-owners of 30% of businesses in Croatia

Some 30% of private companies in Croatia are owned or co-owned by women and this is an improvement compared to the situation 10 years ago when women's business ownership ranged between 7% and 10%, according to figures presented at the Congress of Southeast European Women Entrepreneurs, held in Zagreb on Wednesday.

Gov't selling shares in dozens of companies with state-owned minority stakes

The Restructuring and Sale Centre (CERP) has announced a public invitation for expression of interest in acquiring government-owned minority stakes in about 40 companies.

SDP MP calls for ratification of Istanbul Convention

Social Democrat (SDP) member of Parliament Josko Klisovic said on Wednesday that his party would submit to parliament a bill on the ratification of the Council of Europe Convention on preventing and combating violence against women and domestic violence (Istanbul Convention), and called on other MPs to support the bill.

International Women's Day: Statistics on women in Croatia

At the end of 2015, there were 2.2 million women in Croatia, accounting for 51.2% of the total population; their average age has been on the rise, they have children later and later in life and their education keeps improving, show the most important indicators on the female population, its education and labour market, released by the national statistical office (DZS) for International Women's Day, March 8.

Net profits of companies of strategic, special interest to state go down in 2015

Forty-three companies and legal entities of strategic and special interest to the state in 2015 earned a net profit of HRK 1.5 billion, which is 35.7% less than in 2014, and their revenues dropped as well, show consolidated financial data released by the Financial Agency (FINA).

Hoyt for urgent solutions to crises in S-E Europe

Helping Southeast Europe so that it becomes more stable, safer, more prosperous and better integrated with the rest of Europe is a common goal of Croatia and the United States, US Deputy Assistant Secretary for European and Eurasian Affairs Hoyt Brian Yee said on Tuesday.

Gov't secretary, two ex-PM's advisors questioned in travel expense scandal

Corruption investigators on Tuesday questioned a former secretary at the Office of the Prime Minister, Sandra Zeljko, who until now was the key witness in an investigation into Tomislav Saucha, a member of Parliament and chief-of-staff of former Prime Minister Zoran Milanovic suspected of the unlawful payment of travel expenses in the government.

Croatia protests against monument to be raised in Belgrade

Croatia strongly protested on Tuesday against a decision by the Serbian government to erect a monument to an officer of the former Yugoslav People's Army (JNA), Milan Tepic, who is considered to be a hero in Serbia while in Croatia he is considered to be a killer of Croatian defenders at the start of the war for independence in 1991.

331 cases of violence, discrimination against Serbs in 2016

There were 331 cases of violence and other forms of incitement to discrimination against Serbs in 2016, up 57% on the year, according to figures which the Serb National Council (SNV) presented on Tuesday.

Grabar-Kitarovic visits Ericsson Nikola Tesla: STEM is the future

President Kolinda Grabar-Kitarovic on Tuesday visited the Ericsson Nikola Tesla (ERNT) ICT company and underscored that it has adapted to market conditions in Croatia and the global scene, announcing that she would visit Sweden at the end of March to discuss economic cooperation, investments, innovations and technology.

Croatia getting first LNG filling station in 2018

Croatia is expected to get the first LNG filling station for commercial vehicles in the first half of 2018, it was said on Tuesday at the launch of a project for the introduction of liquefied natural gas in Croatia's road transport.

Croatia advocates protection of Christians and religious minorities

Croatia advocates protection of Christians and all religious minorities in the world, and the integration of its Islamic community can serve as a model to other European countries, Foreign Minister Davor Ivo Stier said in Geneva on Tuesday.

Zvizidic: Bosnia-Croatia governmental meeting likely in late April or early May

A joint meeting of the governments of Bosnia and Herzegovina and Croatia will be held in late April or early May, the chairman of Bosnia and Herzegovina's Council of Ministers, Denis Zvizdic said in Sarajevo on Tuesday.

Minister convinced of Croatia's agricultural success

The second national Slavonika agricultural conference opened on Tuesday at the Osijek Agriculture Faculty and attracted more than 200 experts scientists, farmers and executives of agribusinesses.

EC clarifies its position on Croatia-Slovenia border arbitration

The European Commission on Tuesday clarified its position on the border arbitration process between Croatia and Slovenia, saying that it generally supported arbitration processes in the interest of legal certainty.