Croatia

Croatia’s annual industrial turnover growth reach 15.3% in March

bne IntelliNews May 29, 2017

The Adriatic country started to post high industrial turnover growth after CPI turned to produce inflation in December. Significant growth in industrial sales came despite stagnant industrial production in March.

Arena Hospitality Group raises €106mn in Croatia’s biggest post-crisis IPO

Akin Nazli in Belgrade May 26, 2017

First IPO by a Croatian tourism company to finance Arena's upgrade plans and expansion in CEE region.

Croatia raises 364-day bills offer as yields stay at historical lows

bne IntelliNews May 24, 2017

Croatia sold HRK400mn (€54mn) worth of kuna-denominated and also €20mn worth of euro-denominated 364-day bills at an auction on May 23.

Croatia’s average net monthly salary rises to €811 in March

bne IntelliNews May 24, 2017

Croatia’s average net monthly wages rose by 2.17% m/m and 5.24% y/y in nominal terms to HRK6,022 (€811) in March.

Croatia’s unemployment rate at seven months low of 13.2% in April

bne IntelliNews May 23, 2017

Croatia's registered unemployment rate declined for the third consecutive month to 13.2% in April, the lowest level registered since September’s 13.1%.

Western Balkan governments seek to guard against Agrokor fallout

Clare Nuttall in Bucharest May 23, 2017

Legislation adopted in Croatia and Slovenia while other governments mull steps to protect suppliers and avoid job losses.

Croatia's HDZ in stronger position to form new government after local election victory

Akin Nazli in Belgrade May 22, 2017

PM Andrej Plenkovic to start talks on new government after May 21 local elections, following HDZ's split from coalition partner Most.

"Yugonostalgia" still strong in Western Balkans

Akin Nazli in Belgrade May 18, 2017

Residents of Bosnia, Macedonia and Serbia most likely to think the breakup of Yugoslavia harmed their country, poll shows.

Croatia shows EU's fastest growth in new car registrations

Akin Nazli in Belgrade May 16, 2017

New passenger car registrations in Croatia increased by 25% y/y in January-April, continuing upward trend seen since 2015.

CEE'S TOP BUSINESS LEADERS: Southeastern Europe

bne IntelliNews May 11, 2017

Our look at which business leaders really matter in each CEE/CIS country, ranked by our correspondents not just on wealth but on influence.

Businesswomen seek a seat at the top table

Clare Nuttall in Bucharest May 11, 2017

The fall of communism has been followed by successive backlashes against feminism, the latest inspired by the election of populist rightwing governments.

CEE slowly warms up to energy efficiency

Carmen Valache in Lund May 10, 2017

Commercial banks have been slow to jump at the opportunity to finance small-scale energy efficiency projects because the return on investment for them tends to be low.

Hungarian MOL ready to sell INA stake to Croatian government

Akin Nazli in Belgrade May 8, 2017

MOL vice chairman says Hungarian company willing to exit INA investment after years of strife with Croatian government.

Most leader Petrov resigns as Croatia’s parliament speaker

Akin Nazli in Belgrade May 5, 2017

Petrov stands down after Finance Minister Maric narrowly wins confidence vote, the cause of acrimonious split between coalition partners HDZ and Most.

Croatian Finance Minister Maric survives no-confidence vote

Akin Nazli in Belgrade May 4, 2017

Support for Maric bodes well for HDZ as it seeks to form new coalition after split from Most.

Croatia focused on no-confidence vote against Finance Minister Maric following coalition split

Akin Nazli in Belgrade April 30, 2017

HDZ-Most coalition fractures just months after formation in row over Maric's role in collapse of food and retail giant Agrokor.

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