In a sea of news about declining revenues and profits, here and there a few positives shine through, while the big positives must be sought with a magnifying glass. News about our largest companies listed on the stock exchange no longer adorn such newspaper headlines.
The government should reduce the budget for 2011 or call the IMF, but it will do nothing of the sort before the elections. Therefore, new state borrowing will be even more expensive, and investors will avoid Croatia in an even wider arc until EU membership. Gordana Gelenčer writes about borrowing and whether Croatia can raise its credit rating without the IMF.
It is not easy to find investors in Croatia. Whether foreigners will agree to invest largely depends on the price they are willing to accept and how much ownership current owners of these companies are willing to relinquish. A desperate search for foreign saviors of struggling companies is underway. More in the story by Antonija Knežević.
Business operations in the first three quarters are the first announcement of business trends for the next year. The results of the best companies confirm the correctness of the export orientation. Export growth most often corresponds with revenue and profit growth, which is becoming increasingly difficult to achieve in the domestic market. Here, the aggressive players who have managed to seize a piece of market share from competitors are currently prospering. In a sea of news about declining revenues and profits, here and there a few positives shine through, while the big positives must be sought with a magnifying glass. News about our largest companies listed on the stock exchange no longer adorn such newspaper headlines. In fact, according to the nine-month results, HT, Adris Group, Ericsson Nikola Tesla, etc., are in the red with revenues and profits, while other giants like Atlantic Group are in slight positive territory, and among Agrokor’s flagship companies, there are both good and bad performers. The biggest exception is Ina, which has emerged from the red. Discover the stars among them in this week’s topic ‘Lesson 2010 – To Success through Exporting and Seizing the Domestic Market’ authored by Matilda Bačelić.
