investment

Grabar-Kitarovic wants better business conditions for startups

Croatian President Kolinda Grabar-Kitarovic said in London on Wednesday that Croatia needed to improve the business environment for innovative companies that were relocating abroad because they could not realise their ideas in Croatia.

Swiss TFI in search of investors in Zablace tourism project

The Swiss company called "TFI Holding SA" is in search of investors willing to take part in an EUR 800-million project of building a resort in Croatia's Adriatic area, according to the Bloomberg news agency.

ZSE declares intent to co-found company for provision of cross-border services to investors

The Zagreb Stock Exchange (ZSE) intends to establish with Estonia's Funderbeam Ventures a company that will provide cross-border services to investors and start-ups by creating an alternative platform for funding companies and enabling trading in such investments, the ZSE announced on Thursday.

PM: IBM's investment shows Croatia can be competitive globally

The US IT giant IBM will open a centre in Zagreb from which it will provide technical support to its users worldwide, Prime Minister Tihomir Oreskovic announced at a press conference on Wednesday.

40 hotels to open in Croatia this year

New hotel and accommodation capacities are being opened around the country from Istria and the northern Adriatic including several hotels and camps as well as in the interior.

BAT to invest additional EUR 30 mn in production in Croatia

Over the past eight month, BAT, one of the leading multinational companies with some 60,000 employees, successfully integrated the Croatian TDR tobacco company in its global system.

ACG to invest EUR 35 mln in Lukaps capsule factory

ACG has been present in Croatia since 2007 when, as Singh said, they discovered Croatia by chance, or rather the Lukaps company, which was about to shut down.

EUR 2.5mn Seed Co-Investment Fund launched

Investment funds are earmarked in the budget of the Innovation and Entrepreneurship Venture Capital Project of the Croatian Agency for SMEs, Innovation and Investment (HAMAG-BICRO), which is financially supported by a World Bank loan.

Scientists call for a stop to constant reduction of investments in science

Croatian scientists said at a round table in Zagreb on Friday that science facilitated development and that the policy of constant cutting of funds for science should stop.

HEP to invest HRK 3.5 bn for reconstruction of power plants

The president of the Management Board of the national electricity provider HEP, Perica Jukic, on Friday said that the company would invest HRK 3.5 billion by 2020 in the reconstruction and revitalisation of hydro-electric power plants (HE) in the country.

Turkey's Dogus Group increasing investment in Croatia, expects successful season

The group's Dogus Croatia company holds 10.87 percent of shares in ACI and the government holds 74.47 percent.

Pension funds interested in government projects, but not unconditionally

Croatian pension funds are interested in projects with which the government aims to reduce the budget deficit and public debt, but their interest is not unconditional, the heads of four mandatory pension funds said on Monday.

HBOR secures EUR 150m for mid-caps

The Croatian Bank for Reconstruction and Development (HBOR) has signed a EUR 150 million agreement with the European Investment Bank (EIB) to finance medium-capitalised companies, the HBOR said on Tuesday.

Ivanec top investment destination among European microcities

This is the second time in two years that a team of FDI analysts ranked Ivanec among the top ten investment destination on the level of European microcities, Ivanec mayor Milorad Batinic told a news conference.

Employers association says pension funds should invest in business projects

HUP general director Davor Majetic told Hina that considering the huge assets managed by pension funds, which exceeded HRK 74 billion, it was clear that their importance was great and that they could contribute to positive economic trends.

EBRD promoting Croatia as investment and cultural destination

The event will bring together policymakers, investors and prominent business people to discuss the economic outlook on Croatia and explore investment opportunities in the country.

Azimov and Reiner: Russia-Croatia relations on the decline

Azimov said that Russia regarded Croatia as a friendly country, announcing a Russian investment forum for March in Zagreb, a Parliament press release said. 

Current account surplus in Q3 2015 reaches EUR 3.89b

In Q3 2015, the current account surplus rose to 4.7% of GDP from 0.8% in Q4 2014. Central bank analysts estimate that the current account surplus for 2015 could be 4.8% of GDP.

Volume of construction work down for three straight months

It was the third month in a row that the volume of construction work had shrunk, following drops of 1.6 per cent in September and of 0.5 per cent in August. In July it increased by 0.4 per cent.

World Bank projects Croatia's growth in 2015 at 1.5%

In order to ensure macroeconomic stability and growth, it is essential to continue dealing with fiscal weaknesses and the high rates of inactivity and unemployment and to resolutely implement long-term structural reforms

Adris Group to invest HRK 4 bln in 2016-2018 period

The Supervisory Board adopted the Adris Group's 2016 business plan and business projections until 2018, Adris has reported.

Deputy PM: Croatia becoming interesting investment destination

"After six - seven years of deep crisis that affected the world, Europe and Croatia, we can say that we are on the threshold of serious recovery," Grcic said