The pottery becomes a globally important company, exporting 70 percent of its revenue.The Croatian company Končar has experienced significant growth since the pandemic, with strong annual revenue increases and expanding international presence. In 2025, the company achieved robust business growth, strategic investments, and technological development. Over the past seven years, average annual revenue growth has exceeded 23 percent, while profitability has risen by more than 50 percent annually. Revenue increased from 370 million euros to over 1.3 billion euros. The company plans to generate revenues exceeding 1.4 billion euros in 2026, with 70% of income coming from exports, primarily to European countries such as Germany, Sweden, the Netherlands, and Norway. Recently, Končar signed a loan agreement worth 320 million euros with several financial institutions, which, combined with 50 million euros in company funds, will finance a 370 million euro investment project focused on expanding production capacity, developing new technologies, and increasing the production of critical electrical infrastructure equipment. These investments are part of the largest investment cycle in the company’s history, with planned total investments of 550 million euros over the next three to
Bias read (Center): The article focuses on the economic success and expansion of Končar, a major Croatian company, highlighting its growth, investments, and international market presence. There is no explicit political framing, ideological emphasis, or partisan language. The content is primarily descriptive of business
The CROBEX is up for the fourth day in a row, the Hemp reaches a new high.The domestic capital market continued its positive performance, with the main share index CROBEX rising by 0.4 percent to 4,564.74 points, marking four consecutive days of gains and reaching a new one-year high. The narrower CROBEX10 index increased by 0.7 percent, while most sectors showed positive results, led by the industrial sector which rose by 1.3 percent. The tourism index was the only loser, declining by 0.6 percent. Total share trading volume reached 3.3 million euros, including a block transaction involving Končar shares worth 301,000 euros. Končar dominated regular trading with nearly 1.3 million euros in turnover, with its share price rising 2 percent to 1,218 euros. The company announced that the European Commission selected its KONCAR-NEXUS project for co-financing under the Innovation Fund, with maximum support of 39.3 million euros. The project involves developing advanced equipment for electricity conversion intended for industrial applications. Privileged shares of Adris followed with 443,000 euros in turnover, but their price fell 1.7 percent. Investors focused on Končar D&ST shares, which rose 1.9 percent for privileged shares and 1.4 percent for regular shares
Bias read (Center): The article reports on stock market performance, company activities, and economic developments without taking a stance or showing bias toward any political entity or ideology.
Koncharov's project received over 39 million euros of support from the European Commission: the only ones from CroatiaThe Croatian company Končar announced that its project, Končar-Nexus, has been selected by the European Commission for co-financing under the Innovation Fund, with potential support up to €39.3 million. This makes Končar-Nexus the only project from Croatia among 77 chosen projects in this call. The project aims to industrialize the Končar Smart Power Interface (KSPI), a modular power platform designed for industrial applications. Končar plans to proceed with preparing a grant agreement to determine the final amount of support, implementation timelines, and obligations of the parties involved. The European Union’s Innovation Fund is one of the world's largest funding programs for investments in innovative technologies aimed at reducing greenhouse gas emissions. It is financed through revenues from the sale of emission allowances, with estimated proceeds of around €38 billion by 2030. The fund covers up to 60% of eligible project costs.
Bias read (Center): The article reports on a technical and economic development involving a Croatian company receiving EU funding for an innovation project. There is no evident ideological framing, biased language, or selective emphasis on political perspectives. The content focuses on factual information about the EU’
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