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35 clusters · 70 sources · 87 days · First seen · Last updated

Categories: BUSINESS · POLITICS

Croatia market activity, policy and fiscal updates

Entities: Zagreb Stock Exchange · AD Plastik · Končar Group · Dalekovod · Credit Agricole

Overview

In early July the Zagreb Stock Exchange logged its 13th consecutive week of gains, helped by a €150 million Bosqar secondary offering and a €450 million relief package that buoyed SME financing and lifted clean auditor opinions to 95 % on 8 July. By mid‑July the CROBEX slipped as oil‑price spikes linked to Middle‑East tensions dampened sentiment, although the tourism‑focused sub‑index outperformed many European peers. The government continued its state‑enterprise reform agenda, aligning it with OECD recommendations and European standards. A decree on board appointments and reporting, together with the upcoming Law on Legal Persons in State Ownership, is slated for adoption by year‑end, with full implementation expected in early 2027. Officials highlighted digital‑and‑AI projects at HEP, Hrvatska pošta and HAC as early efficiency gains. Opposition leaders reiterated concerns about public‑sector bloat, noting that the number of politically appointed special advisors had risen to 63 – double the figure four years earlier – and demanding a public register and the removal of at least 10,000 redundant posts. Fiscal data showed that Croatian municipalities and cities recorded a marked rise in income‑tax receipts for 2024‑25, driven by an expanded tax base, higher employment and rising wages, while 92 % of the 508 local units kept 2023 rates unchanged. In July 2026 the CROBEX fell for a second consecutive week, slipping over 0.4 % as transport stocks weakened, while the tourism index rose modestly. Končar saw mixed trading and Valamar announced a new premium‑hotel sales platform. A week later, turnover on the Zagreb Stock Exchange revived, with the CROBEX up 0.5 % and Končar leading gains; AD Plastik was the biggest loser. Trading volumes rebounded, treasury‑note turnover surged, and sector indices remained mixed. Local‑government tax‑revenue growth persisted, confirming that expanded tax bases, not rate changes, are sustaining fiscal momentum.

Timeline

  1. 1 day ago

    [BUSINESS] 2 sources
    Zagreb Stock Exchange sees cautious trading amid corporate earnings season and regional market dips

    Zagreb Stock Exchange saw cautious trade on Thursday as Crobex slipped for a second day, while European markets rose to record levels, boosted by tech stocks and falling oil prices amid a busy corporate earning

  2. 4 days ago

    [BUSINESS] 2 sources
    Zagreb Stock Exchange sees strong turnover as Končar climbs, AD Plastik falls

    Zagreb Stock Exchange trading rose to €3.5 M; Končar led gains, AD Plastik fell sharply; CROBEX up 0.5 % amid mixed sector moves.

  3. 11 days ago

    [BUSINESS] 5 sources
    Croatia's local governments see income‑tax revenue surge in 2024‑25

    Croatian local authorities' income‑tax revenues rose sharply in 2024‑25, driven by a broader tax base and strong economic trends, while most kept rates unchanged.

  4. 12 days ago

    [BUSINESS] 4 sources
    Croatian Crobex index falls second week, Končar and transport stocks drop

    Croatian Crobex index fell for a second week to 4,452 points as transport and industry sectors weakened, while stocks like Končar and Valamar showed mixed performance.

  5. 17 days ago

    [POLITICS] 3 sources
    Croatia sees surge in special advisors as opposition decries bloated public sector

    Croatia's opposition flags a jump to 63 political advisors and calls for cutting 10,000 redundant posts, while Serbia's URA demands an anti‑crisis package to curb rising fuel and food prices.

  6. 17 days ago

    [BUSINESS] 4 sources
    Croatian State Enterprises Adopt OECD Recommendations to Boost Efficiency

    Croatia plans to align state‑owned firms with OECD standards, introducing new governance laws and AI‑driven digital reforms by 2027 to improve efficiency and transparency.

  7. 20 days ago

    [BUSINESS] 2 sources
    Zagreb Stock Exchange slides amid global market pressure

    Zagreb Stock Exchange's Crobex index fell modestly as trading volume rose; Končar stayed steady, Dalekovod dropped, while Tehnika surged 28% and CIAK fell 19% amid Middle‑East tension and oil price hikes.

  8. 23 days ago

    [BUSINESS] 2 sources
    Croatia’s Zagreb Stock Exchange audit shows 95% clean opinions; Serbia’s banks report record profits

    Croatian issuers on the Zagreb Stock Exchange achieved 95% unmodified audit opinions in 2025, while Serbian banks posted record profits, with 16 banks earning over 1 billion dinars each.

  9. 23 days ago

    [BUSINESS] 2 sources
    Zagreb Stock Exchange records cautious trading as global markets slip

    Zagreb Stock Exchange saw cautious trading with the Crobex index near record levels amid global market declines linked to Middle‑East tensions and higher oil prices; Končar and Alpha Adriatic were key movers.

  10. 24 days ago

    [BUSINESS] 3 sources
    Bosqar begins trading on Zagreb Stock Exchange after record €150 million secondary offering

    Bosqar's shares start trading on the Zagreb Stock Exchange after a €150 million secondary offering that drew €178 million demand, the largest in Croatia, to fund expansion and acquisitions.

  11. 26 days ago

    [BUSINESS] 2 sources
    Zagreb Stock Exchange climbs as CROBEX posts 13th straight week of gains

    CROBEX rose for a 13th week to 4,477 points as Dalekovod surged 18% and trading volume hit €15.6 million, while global markets showed mixed moves.

  12. 27 days ago

    [BUSINESS] 3 sources
    Croatia's business optimism falls, industry and ICT hit hardest

    Croatia's HLIPO index reports a sixth‑quarter drop in business optimism, with industry and ICT worst, while tourism stays upbeat.

  13. about 1 month ago

    [BUSINESS] 4 sources
    Croatia's 'Sandbox PutNaTržište' program aids SMEs in accessing capital‑market financing

    Croatia's Sandbox PutNaTržište provides free assessments to help SMEs gauge readiness for capital‑market financing, boosting financial literacy and access to venture‑capital and other funding options.

  14. about 1 month ago

    [BUSINESS] 2 sources
    CROBEX indices climb as Končar shares drive trading on Zagreb Stock Exchange

    Croatian CROBEX and CROBEX10 indices rose ~0.6% as Končar led trading on the Zagreb Stock Exchange; liquidity fell to €2.2 M, Jadroplov jumped 10%, while transport stocks gained the most.

  15. about 1 month ago

    [BUSINESS] 2 sources
    Croatia eyes 5‑billion euro industry boost amid debate over excess‑profit tax

    Croatia's employers warn a proposed excess‑profit tax could deter investment, while the government rolls out a €5 billion industry plan facing scepticism over implementation.

  16. about 1 month ago

    [BUSINESS] 3 sources
    Croatia faces debate over excess‑profit tax and business‑environment challenges

    HUP warns Croatia’s planned excess‑profit tax could scare investors, while its IMD 2026 ranking shows strong tourism but low business efficiency and productivity.

  17. about 1 month ago

    [POLITICS] 2 sources
    Croatia’s Bioeconomy Strategy Approved Amid Opposition Criticism

    Croatia’s parliament approved a 2025‑2035 bioeconomy strategy targeting €15 bn turnover, but opposition warns it lacks ambition on social and environmental safeguards.

  18. about 1 month ago

    [BUSINESS] 7 sources
    Croatian entrepreneur groups demand halt to proposed small‑business tax hikes

    Croatian business groups UGP and HUP oppose draft tax hikes for freelancers, family landlords and excess‑profit earnings, demanding impact studies and dialogue before measures that could affect tens of‑thousand

  19. about 2 months ago

    [POLITICS] 3 sources
    Croatia posts 3.4% GDP rise while opposition critiques inflation‑driven budget gains

    Croatia's 2025 budget shows 3.4% GDP growth, lower unemployment, 3.7% inflation and a €3.4bn deficit, sparking opposition criticism and Nobel economist Robinson’s warning that the country still trails EU peers.

  20. about 2 months ago

    [BUSINESS] 2 sources
    Balkans stock markets rally as Sarajevo and Zagreb exchanges post gains

    Sarajevo and Zagreb stock exchanges report higher trading activity and record‑high indices, with ASA Bank and Končar leading volume.

  21. about 2 months ago

    [POLITICS] 4 sources
    Croatian small businesses and opposition parties protest new anti‑inflation tax measures

    Croatian craftsmen, private rental owners and opposition parties protest the government's anti‑inflation package, condemning tax hikes and calling for dialogue and domestic food‑energy policies.

  22. about 2 months ago

    [POLITICS] 2 sources
    Croatian unions demand inflation‑linked wage protection

    Croatian public‑sector unions met finance and labour ministers, rejecting the anti‑inflation plan and demanding automatic wage indexation tied to inflation.

  23. about 2 months ago

    [BUSINESS] 3 sources
    Sarajevo and Zagreb stock exchanges report mixed trading activity

    Sarajevo's market saw no trades while Zagreb's Crobex indices rose, led by a 5.34% jump in Adris shares, amid cautious trading due to Middle East tensions.

  24. about 2 months ago

    [BUSINESS] 3 sources
    Dalekovod and Končar drive strong gains on Zagreb Stock Exchange

    Zagreb Stock Exchange activity surged, with Dalekovod up 11.5 % and Končar leading trading at €12.6 million; CROBEX indices rose about 2 %.

  25. about 2 months ago

    [POLITICS] 6 sources
    Croatian Small Business Group Meets Finance Ministry Over New Tax Measures

    Croatian small business association, after a petition with 35,000 signatures, is meeting the Finance Ministry to demand impact analyses and greater participation in drafting new tax measures affecting micro‑fir

  26. about 2 months ago

    [POLITICS] 12 sources
    Croatian opposition decries anti‑inflation policies as burden on citizens

    Croatian opposition parties claim the government’s anti‑inflation package unfairly taxes small businesses and citizens, while a survey shows wages up but living standards down.

  27. about 2 months ago

    [BUSINESS] 2 sources
    Croatia simplifies capital market access for SMEs under new EU listing rules

    Croatia aligns its capital‑market law with the EU Listing Act, raising the prospectus exemption to €12 million and simplifying public offerings to aid SMEs.

  28. about 2 months ago

    [POLITICS] 2 sources
    Croatia’s Anti‑Inflation Budget Shifts Costs to Self‑Employed and Patients

    Croatia’s new anti‑inflation budget raises taxes on self‑employed and landlords while a cancer patient faces forced repayment of an inclusive benefit, highlighting pressure on vulnerable groups.

  29. about 2 months ago

    [POLITICS] 3 sources
    Croatia raises minimum tax for small landlords and tradespeople amid 30,000‑signature petition

    Over 30,000 people signed a petition against Croatia’s tax hike for small landlords and craftsmen; the anti‑inflation package raises minimum paušal fees, prompting a ministerial meeting with business groups.

  30. 2 months ago

    [POLITICS] 6 sources
    Housing shortages fuel policy demands in Trieste and Croatia

    Trieste faces a shortage of 1,900 student apartments, while Croatia's citizen group demands removal of flat‑rate taxes on short‑term rentals, citing housing scarcity and rising prices.

  31. 2 months ago

    [POLITICS] 28 sources
    Croatia raises flat tax for holiday landlords and adds 50% profit tax on large firms

    Croatia's new anti‑inflation plan raises profit tax on large firms to 50% and doubles the flat tax per bed for small holiday landlords, targeting inflation down to 2% by 2027.

  32. 3 months ago

    [BUSINESS] 4 sources
    Croatia's €450 M relief plan and regional stock exchange cooperation boost European markets

    Croatia rolls out a €450 M energy‑price relief plan as eight Central/Eastern European exchanges unite to strengthen regional capital markets.

  33. 3 months ago

    [BUSINESS] 2 sources
    Macedonian and Croatian stock exchanges report mixed daily performance

    Macedonia's MBI10 rose 0.1% while Croatia's CROBEX fell 0.2% amid varied sector moves.

  34. 3 months ago

    [BUSINESS] 3 sources
    Croatian business association pushes for higher profit‑tax threshold

    Croatian UGP asks government to raise profit‑tax threshold to €1.3‑1.5 m, citing inflation‑driven bracket jumps.

  35. 3 months ago

    [BUSINESS] 5 sources
    Croatian CROBEX index extends multi‑day rally as European and US markets hit record highs

    Croatia’s CROBEX rose for a seventh day, gaining about 0.3% to over 4,000 points as European and US markets hit record highs.

Sources

24sata.hr · 6yka.com · austinpetsalive.org · bif.rs · bigportal.ba · bizlife.rs · biznis.kurir.rs · biznisinfo.ba · capital.ba · croatiaweek.com · dalmatinskiportal.hr · dan.co.me · dnevno.hr · dubrovniknet.hr · dubrovnikportal.com · dulist.hr · eventbrite.co.uk · financije.hr · fns.org · glas-slavonije.hr · glasistre.hr · h-alter.org · index.hr · jutarnji.hr · karlovacki.hr · konantetsudo.jp · kroativ.at · kurir.rs · laudato.hr · lider.media · lidermedia.hr · m.24sata.hr · m.tportal.hr · menmedia.co.uk · monitor.hr · mystore.at · n1info.hr · nezavisen.mk · nhs.hr · noplanetb.tportal.hr · novac.jutarnji.hr · novaekonomija.rs · novilist.hr · optimalis.hu · poduzetnik.biz · poduzetnistvo.org · portalanalitika.me · poslovni.hr