When it Makes Sense to Consolidate Business

Grouping companies linked by ownership makes sense when it comes to companies with similar or identical activities, where a range of synergies is naturally possible. Moreover, the very concept of a group associates with something larger or more important, which makes it easier to open many doors.

IN THE NEW ISSUE OF THE BUSINESS WEEKLY LEADER, TAKE A STEP FURTHER AND LEARN MUCH MORE ABOUT CURRENT ECONOMIC ISSUES

Hoteliers welcomed the Government’s initiative to address one of the crucial issues in the sector, which aims to resolve the problem of tourist land. Regulations that must define the issue must be adopted by November 1, that is, in a few days. They can have a positive, but also negative impact on the entire industry, depending on the solutions they will offer. More about tourist land from the pen of Tatjana Brebrić.

This year, Croatia faces an external debt repayment of 15.7 billion euros, and next year 10.5 billion. The owners of that debt are mostly portfolio investors, cautious and fearful in times of crisis. Due to this characteristic, it is easy for Croatia to experience a situation where, due to signs of risk in the region, they start fleeing and selling state bonds, which would increase borrowing costs. Croatia faces rising costs of debt refinancing. More in Gordana Gelenčer’s story ‘How Nervous are the Buyers of Šuker’s Bonds’.

As many sweet worries an entrepreneur has when growing and expanding a business, expansion is a slippery terrain. Everything that was simple becomes complex, threads slip from hands, and the ship begins to leak on all sides. Those who do not recognize in time the seriousness that accompanies diversification, acquisitions, and generally the expansion of the portfolio and business volume expose themselves to the danger of having no thread left in their hands. One of the first concerns in this context is organizational in nature: how to connect different activities into one company, different companies into a group, how tightly or loosely to connect them, or to run them as completely independent companies? Matilda Bačelić sought answers in the topic of the week.

A conversation with the Finance Minister of the Year, according to Euromoney magazine’s selection in 1990, is an excellent recommendation for a conversation partner. Today, the President of the European Investment Bank, Philippe Maystadt, gave a major interview to Lider magazine, following a lecture he held at the Zagreb School of Economics and Management. A veteran of Belgian politics (minister several times with various portfolios, deputy prime minister twice, parliament representative) and international economic organizations revealed some personal views on current topics despite the EIB’s policy of neutrality.

At the beginning of the year, the media echoed the news that the doyen of sports commentary, Božo Sušec, is retiring. In the comments on articles on portals, sports fans said that Sušec is one of those who set trends and that younger generations, no matter what anyone thinks of him, will imitate him. However, a few months later, Sušec also spoke out. It is not over with him yet. More is revealed by Sandra Babić in the story ‘Sports Channels: A Crowd in the Sixteen’.

Always new, always better, always further and more… are the demands of the global market, and those who are not good players in this game simply fall out. Modern theorists have therefore dedicated numerous studies and invested much effort in finding tools that can awaken innovativeness and extract hidden reserves of creativity in each of us. Thus, techniques of creative thinking have developed, one of which is synectics. More in the story titled ‘The Mental Flipper by which the Team Comes to Innovative Solutions’.

Regarding corporate tax, mr. sc. Marija Zuber writes in the new issue. Namely, from July 1 of this year, a new limitation applies to entrepreneurs who own vessels and aircraft. To recognize depreciation expenses and other expenses as business costs, it is necessary to generate an annual income from renting that property of at least seven percent of its acquisition value.

Although the recently spoken words of German Chancellor Angela Merkel about the collapse of the ‘multicultural society’ are being attributed to party rhetoric, no one can be deceived by that. Germany currently lacks approximately 400,000 educated workers – they will be welcome, whether they integrate or not. More in Vanja Figenwald’s story ‘Non-integrated ‘Laborers’ Can Leave, Germany Needs Educated Workers Today’.

‘In a Crusade Against the Internet Started via – the Internet’ is the title of this week’s column. The main character is Andrew Keen. His recent appearance at the Weekend Media Festival in Rovinj, a lecture in Zagreb, and the translation of his book ‘The Cult of the Amateur’ into Croatian have confirmed Andrew Keen’s controversial fame, today one of the fiercest critics of the internet and its consequences on culture and morality. (G.J.)

The new Lider gifts its readers three special supplements ‘Market Leaders’, ’48 Hours’, and ‘Healthy and Active’