In January 2020, Croatia observed 0.23m tourist arrivals (+5.5%) and 0.64m tourist nights (+7.3%).

According to the Croatian Tourist Board, in January 2020, Croatia observed 226,949 tourist arrivals, representing an increase of 5.5%. Of that, foreign tourists account for 126,619 (+2.17%). Meanwhile, tourist nights amounted to 637,748, which is an increase of 7.32% YoY. Of that, foreign tourists account for 389,164 (+8.56%).

Tourists from Bosnia & Herzegovina recorded the most tourist nights, accounting for 9.9%. Tourists from Slovenia and Italy follow, accounting for 7.4% and 5.5%, respectively. Meanwhile most tourist arrivals were observed by tourist from Slovenija accounting for 7.4% of foreign arrivals. 

When observing the arrivals and nights realized by the type of accommodation, one can observe that hotels lead the list with 156,265 arrivals (+1.4%) and 338,338 tourist nights (+3.2%). Such figures put hotels at 69% of total arrivals and 53% of total tourist nights. Private accommodation follows with 34,055 arrivals (+23.6%) and 162,239  tourist nights (+15.5%).

When observing the arrivals and nights realized by county, Zagreb witnessed the highest arrivals (27.05%) and tourist nights (20.7%). The counties of Istria and Kvarner follow, accounting for 13.5% and 12% of total arrivals, respectively. Meanwhile, when observing tourist nights, Istria and Kvarner account for 18.5% and 15.6%, respectively.

Following the E3 acquisition, Petrol would control 20% of Slovenia’s electricity retail market.

Petrol published a short notice on the Ljubljana Stock Exchange announcing that the company has been selected as the most favorable bidder for the purchase of E3 and proceeds with negotiations for the above-mentioned purchase. E3 is a unit of Elektro Primorska, Slovenian state-controlled electricity distribution company.

At the end of 2018, the company recorded total assets of EUR 37.2m, sales of EUR 85.22m and a net profit of EUR 0.47m.

According to the media, the mentioned deal is expected to be worth roughly EUR 15m.

The sale and purchase agreement is expected to be signed by the end of the month. Following the E3 acquisition, Petrol would control 20% of Slovenia’s electricity retail market.