By announcing the Agrokor creditor agreement, the largest Croatian corporation enters a new phase of existence.
Shipbuilding, because of the size and complexity, is a significant part of the Croatian industry, especially small and medium-sized enterprises which are directly related to shipbuilding as subcontractors.
The volume and value of M&A deals targeting companies in Central and Southeast Europe in Q1’18 fell to 1,823, valued at USD24,789m, after deal making failed to sustain the growth recorded in Q4’17, when 2,253 deals worth USD38,932m were noted.
The Joint Committee of European Supervisory Authorities (ESAs) analyzed the impact of large sets of data on consumers and financial institutions and concluded, that despite the potential risks arising from the use of Big Data, the benefits outweigh the potential costs.
In 2016, Croatia exported the military equipment and armament worth EUR200m. Several private companies export military goods in cooperation with the Croatian Ministry of Defense to 37 countries.
The shrinking labor supply that is reported by entrepreneurs from the Central and Southeast European (CSE) countries may soon have a negative impact on economic growth in the region. In the countries of the so-called old EU, this problem is still less important.
The pharmaceutical industry is one of the most powerful industrial sectors in Croatia and an important leverage of economic growth. Its high added value reflects in salaries, which are 72 per cent higher than the general industry average.
With a delay of almost a year, the Basel Committee on Banking Supervision (BCBS) finally issued the last part of regulations aimed at completing the reform of prudential rules initiated after the outbreak of the global crisis.
Danube is one of the great European rivers, navigable from Kelheim to the Danube Delta in length of 2415 kilometers. The channel Main-Danube makes a river connection between North Sea, using Rhine and Main, and the Black Sea.
The European Bank for Reconstruction and Development believes that economies should search for a new model of growth that goes beyond the imitation and import of technologies. EBRD indicates three areas where new sources of growth should be sought.