Croatia moved down by four position to rank 84th in terms of ease of doing business among 185 countries included by the World Bank in its 2013 Doing Business report. The report evaluates quantitative indicators on business regulation and the protection of property rights that can be compared across the included in the report economies. Croatias highest rank was achieved in the area of getting credits (40th place) and in the area of paying taxes (42nd place). The lowest rank was received in the area of dealing with construction permits (143rd place), protecting investors (139th place) and trading across borders (105th place). The country made reforms in the field of tax paying via reducing the health insurance contribution rate and making overall process less costly. When compared to other countries in the region, Croatia has a higher position compared to Albania (85nd), Serbia (86th), Kosovo (98th), Bosnia (126th) but ranks below Macedonia (23th), Slovenia (35th), Montenegro (51st place) and Bulgaria (66th place).
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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