15 October 2019
  • 11:51 Top Events in october
  • 11:04 HOT TOPICS in September 2019: North Macedonia and Albania get green light from German parliament; Croatia expects to join Schengen soon; Sarajevo holds its first Pride parade; EBERD wants to invest in Bosnia’s wind farms; Dubrovnik to introduce cruise tax; Kosovo’s instability keeps investors away
  • 12:21 Multilateralism is crucial but it is at risk
  • 11:29 Another luxury gem opens its doors on Montenegro’s coast

According to the revised financial report for 2017, total revenues for Croatia’s  retail chain Konzum amounted to HRK 9.1bn. The company, a subsidiary of Agrokor Group, has been under government-appointed emergency administration since April last year and was one of Agrokor companies that practically came to the brink of bankruptcy in the first quarter of 2017. For the rest of the year, however, Konzum invested huge efforts in turning the negative business trend and succeeded in doing so by the end of the first half of the year. Thus, taking all the circumstances into consideration, revenue achieved in 2017 is a great success, states the company’s report .

Serbia must strive for better relations with the United States, “the greatest world power, to achieve as much as we can for our people, and to lose as least as possible in these relations”, the Serbian President Aleksandar Vučić said at the opening of the exhibition The Kingdom of Serbia and the United States. The exhibition was also attended by the US ambassador Kyle Scott, who emphasised the exhibition shows that America sees Serbian people as long-term friends, reminding of the First World War when the Serbian flag was flown over the White House.

Adriatic Journal


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