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Croatia sees few companies investing in R&D for new products
๐Ÿ‡ญ๐Ÿ‡ท Croatia /Economy & Trade

Croatia sees few companies investing in R&D for new products

From Veฤernji List · () Croatian

Translated from Croatian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Context piece
  • Croatia has few companies that invest in research and development to create new, knowledge-intensive products.
  • The article touches on various unrelated topics including public order on beaches, infrastructure projects, NATO, heatwaves, regional stability, cultural events, EU funding, and the value of data in the AI era.
  • Croatian officials discussed regional stability with Serbia and Croatia's role in NATO missions.

Croatia faces a challenge with a limited number of companies actively engaged in creating new, knowledge-intensive products that stem from research and development. This indicates a potential gap in innovation and the commercialization of scientific advancements within the country.

They agreed that the key mission is to protect Croatia and other allies from air and missile threats, from any direction.

โ€” NATOStatement regarding Croatia's increased military forces in Kosovo.

The article, however, diverges significantly from this initial point, presenting a collection of disparate news items. These include local concerns about sexual activities on open beaches and the subsequent enforcement measures, historical infrastructure projects like the Kotoriba railway, and Croatia's commitment to increasing its military presence in Kosovo as part of NATO's mission to protect against air and missile threats.

Further topics covered involve meteorological warnings about an impending intense heatwave, diplomatic discussions on regional stability between Croatia and Serbia, with Croatian Foreign Minister Gordan Grliฤ‡ Radman stating Serbia would be welcomed into the EU upon meeting criteria. The article also highlights the success of the 30th Terezijana cultural event in Bjelovar, attended by Parliament Speaker Gordan Jandrokoviฤ‡, who praised its scale and offerings.

Serbia will be welcome in the EU, but it must work on that path.

โ€” Gordan Grliฤ‡ RadmanCroatian Foreign Minister commenting on Serbia's EU accession prospects.

Additionally, Prime Minister Andrej Plenkoviฤ‡ addressed the availability of EU funds for Croatia, particularly concerning the multi-year budget for 2028-2034. An analysis section emphasizes data as the most valuable commodity in the coming years, predicting that AI features will become integral to most businesses. Finally, Plenkoviฤ‡ reacted to criticism regarding a court case, referencing past political eras.

For a few years, there will be nothing that does not include some AI feature, and those who are not in it will not be relevant.

โ€” AnalysisCommentary on the growing importance of Artificial Intelligence in the business world.
DistantNews Editorial

Originally published by Veฤernji List in Croatian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.