The net loss of flag carrier Croatia Airlines' almost doubled y/y to HRK 100.3mn (EUR 13.9mn) in Q1. The main factor for the worsening financial result was the drop in total revenues by 18.2% y/y to HRK 276.6mn, mainly due to the registered decline in sales by 26.9% y/y to HRK 199.1mn. The total expenses rose by 0.1% y/y to HRK 377mn. |
The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more
Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more
Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more