Croatia

M&A deals decline in Central, Southeast and Eastern Europe in 1H19

Clare Nuttall in Glasgow October 9, 2019

Fall in volume and value of deals revealed in CMS/Mergermarket report is in line with decline seen across Europe as economic slowdown, Brexit uncertainty and global trade wars hit sentiment.

Pan-European wave of consolidation threatens to ground small Central, Southeast European airlines

Clare Nuttall in Glasgow October 4, 2019

Slovenian national carrier Adria Airways's decision to file for bankruptcy followed the demises of a series of other European airlines against the underlying trend of an air transport market in the throes of consolidation.

Dubrovnik plans to tax foreign cruise ships

bne IntelliNews September 30, 2019

The Croatian city of Dubrovnik is planning to introduce a tax on foreign cruise ships from 2021, which is being overwhelmed by hoards of tourists

Tesla hopes to open stores in Croatia, Serbia and Slovakia in early 2020

bne IntelliNews September 24, 2019

"Finally, we will do Nikola Tesla proud by having his cars in his countries of origin!" said Tesla CEO Elon Musk.

Bulgaria, Croatia seek to minimise fallout from Thomas Cook collapse

By Clare Nuttall in Glasgow September 24, 2019

Government officials in Bulgaria and Croatia scrambled this week to alleviate the negative effects on their tourism business following the collapse of British holiday firm Thomas Cook.

VIENNEAST COMPASS: Hungary punching above its weight in regional SEE politics

Marcus How of ViennEast September 23, 2019

The incoming president of the European Commission, Ursula von der Leyen, took an unexpected decision of nominating Hungarian Laszlo Trocsanyi as commissioner for expansion as Hungary increases its influence in the region

Croatian government backs down over retirement age increase

bne IntelliNews September 20, 2019

The increase in the retirement age was part of Zagreb’s plans to reform the pension system in response to the country’s ageing population, but sparked an angry backlash from thousands of Croatians.

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