In the new issue, check out the exclusive list of ‘pioneers of capitalism’, what is happening with Fortenova, how a zombie economy is created…

The story of the hundred largest companies founded in the first Croatian year of capitalism and independence illustrates the relationship of the Croatian state towards the economy over these thirty years. Nine out of ten largest companies are engaged in trade and distribution. However, all of them have faced a generational transition, and some have even successfully monetized their business. The exclusive list of pioneers of capitalism in the Weekly Topic was compiled by Goran Litvan.

Due to the easy distribution of state aid, without much consideration of who really needs that aid, there is a danger of keeping many companies alive that would have failed even without the corona crisis. This slows down the growth and productivity of the entire economy. When state aid is easily distributed, without much thought about who really needs it, and who is just being helped to survive until the next ‘kick’, as has been the case in recent months in Europe, the creation of a zombie economy is almost an inevitable byproduct. Writes Vanja Figenwald.

Meggle and Saipem are definitely withdrawing from Croatia, which has seriously threatened BAT. Although other foreign companies do not want to publicly disclose this, there are probably more that are considering various business options in Croatia, including shutting down. The poor investment climate plays a crucial role in this. Edis Felić discovered which foreign companies are considering leaving Croatia.

From a once small laboratory for the production of simple pharmaceutical preparations, JGL is now the market leader in ophthalmology and ENT products, a pharmaceutical company with a global reach that employs over a thousand people and exports 83 percent of its production. When it was founded in 1991, it operated from a single address in Rijeka, and the market was local. What they are planning and what investments they are initiating, Mislav Vučić revealed to Aleksandra Brzić in an interview.

Until a year ago, events in the Fortenova group were headline business-political news. Then everything calmed down. Last year, on April 1, the ‘new Agrokor’ began operations, operational companies received the prefix ‘plus’, and old debts remained on the old ones (the transfer of business from old companies to new ones has not yet been completed). What is currently happening in that company was revealed by Željka Laslavić.

Awakened companies know that generosity towards all categories of stakeholders during a crisis is a winning card for increasing competitiveness. However, the decision of several companies to selflessly return state subsidies for job preservation pleasantly surprised us. Nikolina Oršulić writes about business ethics in the time of corona.

{embed_digitalno_izdanje}{/embed_digitalno_izdanje}