Croatia

AGROKOR: Ivica Todoric Turns Himself In

AGROKOR: Ivica Todoric Turns Himself In

“Agorkor’s founder and ousted owner, Ivica Todoric, was arrested this morning in London. Todorić turned himself in to police and was subsequently arrested. No word yet on when and if he will be extradited to face criminal charges in Croatia. Disgraced businessman, Ivica Todorić, answered calls by London police […]

Croatian Army Receives $1.5 Million Donation from US

Croatian Army Receives $1.5 Million Donation from US

The United States has gifted one loader, two freight motor vehicles,  and two water-purification systems to the Croatian Ministry of Defense that can be used in Croatia, or in peacekeeping missions across the globe. US Ambassador Julieta Valls Noyes presented the $1.5 million donation on Monday with Deputy Prime Minister […]

CROATIA WEEKEND ROUNDUP: Arrested Saudi Wanted to Do Business in CRO, USA Donates to CRO Military, Rep. Nanette Diaz Barragán (D-CA) on Formation of Croatian Caucus for 115th Congress, Nat’l Fed. of Croatian Americans 40 under 40 Awards in DC, Bryan Adams to Perform in Zagreb

CROATIA WEEKEND ROUNDUP: Arrested Saudi Wanted to Do Business in CRO, USA Donates to CRO Military, Rep. Nanette Diaz Barragán (D-CA) on Formation of Croatian Caucus for 115th Congress, Nat’l Fed. of Croatian Americans 40 under 40 Awards in DC, Bryan Adams to Perform in Zagreb

“Prince Al-Waleed bin Talal was arrested with at least ten other princes, four ministers, and ten former ministers in Saudi Arabia. He came to Zagreb in 2014 as a tourist but he did not hide that he was interested in investing. He stayed for some days in Zagreb’s Hotel […]

World Bank Report on Doing Business in 2018- Where are the Balkans?

The World Bank has released their 2018 report on doing business. Here’s where the Balkan countries rank for ease of business: Bosnia and Herzegovina – 86th Croatia – 51st Kosovo – 40th Macedonia – 11th Montenegro – 42nd Serbia – 43rd Slovenia – 37th The full report is […]

Zvizdic Angered by Croatia-Republika Srpka (BiH) Gas Deal

Zvizdic Angered by Croatia-Republika Srpka (BiH) Gas Deal

“The agreement between Croatia and Republika Srpska (RS) for the supply from the gas and oil refinery in Bosanski Brod is an ‘uncomfortable surprise’ that bypasses the state of Bosnia and Herzegovina, a Chairman of the Council of Minister Denis Zvizdic has said. The protocol on gas from […]

Swiss Court Refuses to Cancel Croatian Oil Deal

Swiss Court Refuses to Cancel Croatian Oil Deal

“Switzerland’s high court has refused to revive Croatia’s attempts to cancel a $1.5 billion investment deal giving MOL Hungarian Oil and Gas Co. PLC control over the country’s publicly traded oil and gas company, INA-Industrija nafte DD, the Croatian government said Thursday. In a statement on its website, […]

Croatia, BiH’s Serb Entity Reach Gas Agreement

Croatia, BiH’s Serb Entity Reach Gas Agreement

“Croatia and Bosnia’s Serb Republic signed on Tuesday a cooperation agreement, under which Bosnia’s Brod oil refinery will be connected to Croatia’s gas transport system, the Croatian Energy Ministry said. The agreement aims to improve the air quality in Croatia’s eastern municipality of Slavonski Brod and reduce health […]

Todoric Claims Government Caused Problem

Todoric Claims Government Caused Problem

“Ivica Todoric posted a new blog on Tuesday evening in a publicly address. He reiterated his claims against Prime Minister Plenkovic and claimed that, ‘at the beginning of 2017 Agrokor didn’t have any problems, but the state (Croatia) has caused tremendous damage.’” Read the full blog post on Dnevenik.

Agrokor Plan to 2020

Agrokor Plan to 2020

“The amount of total claims against Agrokor is about 58 billion kuna ($8.97 billion) and was revealed this evening by the government liaison Ante Ramljak . The plan for Agrokor included the approved the sale of Ivica Todoric’s villa by Villa Castello for 8.1 million euros ($1.25 million). […]

Plenkovic Wants Croatia on the Euro

Plenkovic Wants Croatia on the Euro

“Croatian political elite have officially declared that they will do everything for the euro to become the official currency in Croatia. Prime Minister Andrej Plenkovic launched a public debate on the euro with the Governor of the Cengral Bank Boris Vujic in a packed hall in front of […]