Wednesday, 22. May 2013 - 14:05
27. 04. 12. - 12:00
Croatian Telecom (HT), the leading provider of telecommunication services in. Croatia has recorded a 3.7 per cent profit increase in the first quarter of 2012, according to the companies latest financial report.
Profits reached 364 million kuna (50 million Euros) in the first three months of the year whilst income dropped by 4.7 per cent to 1,806 billion kuna (240 million Euros). The profit growth was affected by the reduction of total consolidated costs before depreciation and amortisation by 10.2 per cent, primarily due to reduced material costs, reported portal Tportal.
HT has maintained a leading position in all three business segments, the market for mobile communications, fixed communications and IP.
"The Croatian economy remains in recession, and the country is still faced with growing unemployment, salary reduction, less investment and increasing outstanding debt in the corporate sector. Considering these circumstances, HT reported lower revenues, but our business has seen a positive effect of the transformation that is underway, "says CEO of HT Ivica Mudrinic in the commentary of the business results.
Policemen in coma after trying to stop violence in a family
Two Croatian policemen are in an artificial coma after an action in Sesvete on the outskirts of the capital Zagreb where they intended to stop a domestic violence incident.
Parents protest against suspected paedophile professor
Dozens of parents have protested in eastern village of Vranovci trying to prevent the return to school of a professor suspected to be a paedophile.
Croatia marks the 21st anniversary of joining UN
Croatian has on Wednesday marked the 21st anniversary of being accepted as a member of United Nations.
Strike ends at Croatia Airlines
Croatia Airlines flights have proceeded on a normal schedule on Wednesday after the strike of the employees ended.
Ivan Katalinic new coach of Slaven Belupo
The coach has agreed details with the club from the northern Croatian town of Koprivnica and is expected to lead the team at the start of preparations for the new season in June.
Online music shop Cedeterija launched
Croatia has got an online music shop with 500,000 tracks offered.
Pirates attack Croatian ship Segesta on Danube in Serbia
Croatian ship Segesta owned by Dunavski Lloyd was attacked by pirates on the river Danube in Serbia.
Rainy week to follow in most parts of Croatia
Rain is predicted for the upcoming days in Croatia, putting temperatures to 15 degrees Celsius at coastal areas and 12 degrees Celsius in inland regions.
Croatian Baroque Ensemble delights crowd in Melk
Croatian Baroque Ensemble (Hrvatski barokni ansambl) had a successful appearance at the international baroque festival in Melk, Austria.
Footballer Vedran Corluka acts as model for Galileo
Croatian national football team defender Vedran Corluka of Lokomotiv Moscow has taken part in a campaign of the fashion label Galileo.
The most popular stories –
last 7 days
|Croat does not sleep for 13 years|
|Croatian companies consider to move their production towards east|
|Sweden opens labour market to Croats|
|Occupy Croatia collects used mobile phones for Government|
|Eliademy spreads to Croatia from next week|