AGP Executive Report
Last update: 4 minutes agoRetail Restructuring: Studenac plans to close 104 stores, end wholesale operations and cut 185 administrative jobs as it seeks financial stability; 335 workers are affected by the closures. Telecoms: BC Partners is weighing a sale of Telemach Croatia, reportedly valued at about €700 million, as it reassesses United Group’s assets. Digital Payments: Mastercard will bring offline card payments to Croatia from 2027, allowing essential purchases during network or power disruptions. Economic Outlook: Prime Minister Andrej Plenković said Croatia’s economy is expected to exceed €100 billion this year, with GDP growth forecast at 2.2% in 2026. Trade and Investment: China’s foreign minister is due to visit Croatia this week, with transport, investment, green energy and the digital economy among areas Beijing has identified for cooperation. Housing Costs: Croatian rents rose 40% in a year, among the steepest increases in the EU.
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