INA Oil Company Begins Oil Prospecting in Iran

Zagreb, June 24 (CP) – The INA oil company has begun with its oil prospecting work in the Bloka Moghan-2 Iranian oil field.

An agreement on this was signed earlier with the Iranian National Oil Company (NIOC) after a tender had been put out in February 2007.

The contract covers oil prospecting and drilling for the next five years and in case of actually coming across diposits of hydrocarbon the contract is to be extended to 25 years.

The project is valued at $142 million.

Croatian Business Tycoon Zeljko Kerum To Purchase Zagreb’s Legendary Regent Esplanade Hotel

Zagreb, June 23 (CP) – Split businessman Zeljko Kerum who has recently been criticised by PM Ivo Sanader for buying expensive yahts and cars, while his workers are suffering due to low wages is to purchase the Regent Esplanade Hotel, one of Zagreb’s oldest and most beautiful hotels from the current Austrian owners.

According to a Zagreb daily, talks have been continuing over the past few months on the trasaction which experts say is worth more than €60 million.

Kerum has opened several basic food stuffs’ shops across the Croatian capital after starting the business in his native Split and has bought a number of landmark cafes in the capital, as well as a large building site in the very heart of the city.

The Only Private University in Croatia Gets Operation Approval

Zagreb, June 23 (CP) – Following 16 months of legal wrangling, the Dubrovnik International University, the only private university in Croatia has been given approval of the Science, Sports and Education Ministry to set up international relations and diplomacy, international business dealings and economy and acting courses.

The Univesity will start operating in line with the Bologna process in September 2009 and will be housed at the Dominican monastery in Dubrovnik.

The annual tuition will be €5,000 with stipends being secured for the students by different domestic and foreign companies, trusts and banks.

Czech Woman Goes Missing near Pula

Zagreb, June 23 (CP) – A Czech woman’s disappearance was reported by her husband just before midnight on Sunday.

The had gone missing from the Duga Uvala beach near the northern Adriatic resort of Pula.

The emergency services and search teams were immediately dispatched to the area and there had been a brief pause in the search between the early hours of Monday and 7 0′clock when the operation resumed.

So far there has been no sign of the woman.

Some Five Kilos of Top Quality Cocaine Confiscated in Dubrovnik

Zagreb, June 22 (CP) – A joint action of the Dubrovnik, Split and Zagreb police helped by the USKOK anti-corruption agency has resulted in the confiscation of five kilos of top quality cocaine.

The drugs were hidden in a handbag of a 27-year-old Paraguay woman who smuggled the drugs into Dubrovnik where she was awaited by a 57-year-old Croatian national.

The par was arrested on June 21 and no further details of the operation were disclosed.

Turkish Hackers Attack Croatian Ministry Web Page

Zagreb, June 21 (CP) – Just a few minutes after the start of the EURO2008 game between Croatia and Turkey around 9 p.m. local time, the Turkish hackers hacked the Croatian Foreign Ministry page removing its content and replacing it with their own.

The Turkish flag replaced the regular Foreign Ministry texts as well as a few sentences in English and Turkish thanking their team members from Turkey and Saudi Arabia.

EURO2008: Turkey Beats Croatia on Penalties 3-1 (4-2)

Zagreb, June 20 (CP) – At the EURO2008 European championships Turkey beat the favourites Croatia 3-1 on penalties and made it into the semi-finals.

The Turks had played the game well and did not let the Croatian squad develop its game, this resulting in the first goal of the match being scored in the 119th minute of the game by Ivan Klasnic for Croatia, only to be followed by a Turkish goal that followed just three minutes later, scored by Semih Senturk.

This lead to the penalties shots which three of Croatia’s four shooters missed, while only one of the Turks missing theirs, bringing the final result to 3-1.

Crane Drops 20 Meters onto the Ground in Zagreb; No Injuries

Zagreb, June 20 (CP) – A crane dropped as many as 20 meters and fell to the ground at a building site in the centre of the Croatian capital Zagreb, but luckily no one was injured.

The Pionir company responsible for the construction works at the site is investigating the causes of the incident.
 

Legendary Croatian Feral Tribune Weekly Ends its 15-year Run

Zagreb, June 19 (CP) – After more than 15 years, the legendary Croatian weekly Feral Tribune has published its last issue.

In a lengthy article in the last issue, the editors explained that the influential weekly would have to shut down due to financial problems despite its circulation being good and all the costs being cut to a minimum.

It was also stressed that Feral is shutting down not because it has not been successful, but had not attracted enough adverts and the circulation itself was not enough to keep it afloat.

The editors have also spoken of the weekly being awarded as many international award as were received by all other Croatian papers together.

The editors promised to do all in their power to re-start the paper in the near future.

German Axel Diekmann Purchases Majority Shares in Nacional

Zagreb, June 18 (CP) – Axel Diekmann, a German businessman has purchased majority shares in the NCL Media Grupa, becoming its new owner through the mediation of the Naxos Medien GMBH.

The Croatian Competition Agency has decided it was safe to allow the transaction, as Diekmann has no other operations in Croatia.

The takeover of the company will have an impact on publishing of news magazines and women’s magazines, monthly publications dealing with health, those about computers and sports magazines.

Pages (62): « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 » ... Last »