In order to achieve the desired effects from the infamous investments, one must first roll up their sleeves to improve the overall investment (and entrepreneurial) environment, and then wisely choose those with the greatest and best multiplicative effects. Therefore, we analyze the advantages and disadvantages of the largest investments announced by the new government.
The designate and future Prime Minister Tihomir Orešković has listed the lowland railway from Rijeka to Hungary among the top three projects he plans to initiate. This is a project that resurfaces as a national priority with every change of government. However, do we encounter a problem here? In the latest issue of Lider, Matilda Bačelić and Ksenija Puškarić write that Cerar and Orbán are negotiating an alternative to Orešković’s lowland railway. The Prime Ministers of Slovenia and Hungary will meet on Friday, January 22, in Brdo near Kranj at a joint session of the Slovenian and Hungarian governments. One of the main topics of the second meeting between the two Prime Ministers will be the construction of a second track on the railway from Koper to Divača in Slovenia, which connects the port of Koper with Budapest and further towards Eastern Europe. This could have a direct impact on the aforementioned Croatian mega-infrastructure project.
In sectors where there is greater competitiveness, prices of final products and services could fall, and where this is not the case, lower fuel prices will enable a recovery of margins. Companies could use this year to recover profitability, reduce debt, make new investments, and perhaps even create new jobs. Will the new government raise excise duties on petroleum derivatives? Cheaper oil will only lower costs; this year, an exit from deflation is expected, writes Tin Bašić in the latest issue of Lider.
In the latest issue of Lider, Gordana Gelenčer asks – who exactly did designate Tihomir Orešković meet in Kitzbühel? The visit to the fashionable Austrian ski resort showed that the public has no idea who holds Croatian public debt there, nor is it possible to find out. At no relevant address was it possible to extract information about who the buyers of at least the primary issuance of debt are. In the latest issue of Lider, you can read the responses and clarifications from the Ministry of Finance and the Croatian National Bank (HNB).
The new issue of Lider also brings a Clean start in which you can compare what Milanović leaves behind and where Orešković starts. The data with which the outgoing government began and ended its mandate is provided. The SDP coalition began its governance in a deep recession and ended it with signs of exiting it. Indeed, more thanks to the export demand from our main foreign trade partners in the EU than to its own strengths. However, the trend has begun…
The new government needs to accelerate the largest investments worth ten billion euros. In every major investment, at least five to six ministries are involved, and the job or project does not have a leader in the Ministry of Tourism or DUUDI. Such a management kitchen simply has no chance of reaching serious investors, comments Miroslav Dragičević, director of the consulting firm Horwath HTL Croatia, writes Željka Laslavić.
The future Prime Minister is on par with managers who are worth around 12,000 euros per month. However, as a former Prime Minister, his price on the global labor market will jump to 50,000 euros per month. To be fair, few former members of Croatian governments have managed to monetize their ministerial past in business. Politics has been more lucrative for most than business, claim Željka Laslavić and Tin Bašić in the latest issue of Lider.
Twins Robert and Zoran Rac, both engineers, founded ASR Group two years ago, an IT company for the integration of IT business systems. Their software for controlling energy consumption in production processes is currently used by some companies in the food, brewing, and meat industries. In the latest issue of Lider, Kati Pranić admits that their innovative software for controlling energy consumption has provided them with a good start.
Will the return of Iranian oil to the market further drop the price of a barrel or is a turnaround ahead? After the partial lifting of sanctions, a gradual return of Iran to the global oil market is expected, assuming that such a low oil price will soon force oil exporters to reduce production. As many as 25 supertankers loaded with 50 million barrels of crude oil are already ready to set sail, writes Vanja Figenwald in the latest issue of Lider.
In the latest issue of Lider, we also bring you a feature on Accounting Services.
Read here.
