Croatia's registered unemployment rate dropped to 21.6% in March from 21.9% in February, the statistics office reported. It was, however, up from 20.1% in March 2012.
Earlier in April, the national employment service office said that the number of registered unemployed rose by an annual 8.4% and dropped by a monthly 1.8% to 368,558 at end-March. The number of newly registered unemployed was 20,655 in March, down 4.9% on the year. A total of 27,497 individuals were excluded from Croatia’s unemployment register in March after finding a job, which is an increase of 10.9% compared to a year earlier.
We expect that the unemployment rate will continue to decline in the following months on monthly basis due to seasonal employment amid the coming tourism season. However, a significant decline in the unemployment rate could not be expected this year as the prospects for the economic recovery are not good.
Croatian shipyard Brodosplit announced on June 12 it has signed an agreement to construct a polar expedition ship for US’s Quark Expeditions. “This project is another example of ... more
Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors, signed an agreement to acquire a 100% stake in Studenac, a network of neighbourhood grocery stores operating in ... more