After the Standard & Poor’s agency increased Croatia’s long-term rating to BBB+ in July of last year, with a stable outlook, with the announcement on Friday evening, September 15, the outlook for the long-term rating was revised to positive, which confirms the exceptional progress of Croatia, which is on the verge of moving to a higher level of investment rating A rating. S&P highlights the effect of the Government’s strong […]
On 8 June 2023, the OECD launched its newly updated Guidelines for Multinational Enterprises on Responsible Business Conduct (the Guidelines). The Guidelines are recommendations jointly addressed by governments to multinational enterprises to enhance the business contribution to sustainable development and address adverse impacts of business on people, planet and society. The Guidelines are supported by a unique implementation mechanism, the National Contact Points for Responsible Business Conduct (NCPs), established by […]
02.06.2023. The Ministry of Economy and Sustainable Development, in cooperation with the Fund for Environmental Protection and Energy Efficiency, has secured national co-financing for Standard Action Projects (SAP) applying to the competition of the LIFE Program in 2023. The Fund for Environmental Protection and Energy Efficiency will co-finance standard action projects selected for financing from the LIFE Program for year 2023 in the amount of up to 50% of participation […]
21.04.2023. The Ministry of Science and Education has published an open call within the Targeted Scientific Research program for financing collaborative industrial research projects that are carried out in cooperation between companies and research organizations. Total grants: €50,003,318.00 Minimum grant amount: €500,000.00 Maximum grant amount: €1,500,000.00 More: https://fondovieu.gov.hr/pozivi/73
On Friday, the Fitch agency confirmed Croatia’s ‘BBB+’ rating and stable outlook, estimating that the Croatian economy should preserve its resilience to external shocks thanks to improved fiscal and external positions and the successful adoption of the euro. More
European Commission has approved today Amendment to the Croatian Regional aid map that has increased the aid intensity for Sisak-Moslavina County from 50%-70% (depending on the size of the enterprise) to 60%-75% (depending on the size of the enterprise). Amended map is in place from March 15, 2023 till December 31, 2027. Decision
Ministry of Physical Planning, Construction and State Assets has produced informational material about the four projects for which they are planning to publish public tender this year. The four projects in question are: Jurjeva Luka on Lastovo Hidrobaza in Pula Promajna on Makarska Rivijera Perna on Pelješac For more details please consult informational material.
On January 1, 2023, the new Regulation on investment promotion entered into force (Official Gazette, 156/22). The Regulation governs investment incentives in the Republic of Croatia given on the basis of the Investment Promotion Act (Official Gazette, 63/22), by prescribing the form and mandatory content of the Application for the use of investment incentives with associated forms; procedure for application, approval and use of incentives, including criteria and method of […]
On January 1, 2023, the Republic of Croatia joined the euro and the Schengen area, making it one of the 15 European countries that are simultaneously part of these two integrations and the NATO alliance. The Schengen area is the largest area of free movement of goods and people in the world, which includes most of the EU members (except Bulgaria, Romania, Cyprus and the Republic of Ireland) and four […]
From 1st of January 2023, checks on persons at internal land and sea borders between Croatia and the other countries in the Schengen area will be lifted. Checks at internal air borders will be lifted from 26th of March 2023, given the need for this to coincide with the dates of IATA summer/winter time schedule. Council Decision on the full application of the provisions of the Schengen acquis in the […]
