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In the new issue, find out why solar energy is a profitable investment

Currently, there is no company (except for those that signed long-term contracts with HEP last year) for which electricity prices do not cause headaches, regardless of its activity and size. Entrepreneurs are seeking remedies in other sources, and thus the business has increasingly and rapidly begun to revolve around the sun. Whether it is smaller or larger investors building solar power plants, or entrepreneurs involved in the import and distribution of solar panels, manufacturers, consultants, technicians, engineers, and everyone else in that 'solar chain'. Despite still numerous challenges, solar energy currently offers exceptionally attractive rates of return on invested capital, usually within a period of three to five years, depending on the size of the power plant. Why solar energy is a profitable investment was discovered by Željka Laslavić in this week’s topic.

Due to the introduction of the euro in 2023, rating agencies have recently rewarded Croatia for the first time in history with an investment credit rating. It was sufficient for the Council of Europe to confirm that we will abolish the kuna in six months for Croatian bonds to transform from insecure to investment attractive, and for Croatia to become more credible in financial markets. If things get tough, every eurozone member can rely on the support of the European Central Bank in the worst-case scenario, which means that ‘de facto’ it cannot go bankrupt. If nothing else, such a development would shake confidence in the second currency of the world, ‘give ideas’ to other members, and be bad PR. Moreover, or precisely because of that, care is taken to ensure that the borrowing of members remains within tolerable limits during crises. Why we can no longer go bankrupt was discovered by Antonija Knežević.

In Croatia, an important project aimed at improving the fiscal sustainability of the healthcare system will soon begin. This is particularly important as there are reasons for concern due to the repeatedly high levels of debt in the public hospital sector. Hospitals are facing difficulties, which means that urgent reforms are also needed in this area, said among other things the head of the European Commission’s Directorate-General for Structural Reform Support, Mario Navo in a major interview. 

By the end of 2022, the VAT Act will be amended to translate the prescribed thresholds relevant for the application of this regulation into the new national currency. According to the announcement from the competent ministry, there will be no rounding; only kuna amounts will be converted into euros according to the official conversion rate. This means that the threshold for mandatory entry into VAT from 2023 will be 39,816 euros, writes Marija Zuber in the Advisor.

This week, business scene journalists are ‘combing through’ Zagreb County, and along with the new issue, the summer supplement Trend is arriving.