Peter Munk , the chairman of gold producer Barrick Gold Corp. , wants to triple the number of berths at a former Soviet-era naval port on the Adriatic Sea as he converts the marina into a resort for the world’s wealthiest.
Exxon Mobil Corp., Gazprom OAO, Lukoil OAO, Total SA and Edison SpA were among more than 40 energy companies attending the start of the Croatian government’s tender for Adriatic Sea oil and gas exploration.
Croatia’s top political leaders need to work together to bring the former Yugoslav republic out of its longest economic recession on record and avoid “serious” social unrest, President Ivo Josipovic said.
Seven years after a group of investors represented by Barclays Plc and Equity Trust (Jersey) Ltd. bought land for building on Croatia’s coast, their plan to build 26 villas in the hills above Dubrovnik remains on hold.
Slovenian voters gave their support to a border treaty with Croatia that’s aimed at settling a two- decade-old dispute between the former Yugoslav partners and easing European Union expansion in the Balkan region.
Skaters gliding across the ice rink at the five-star Le Meridien Lav hotel are unwitting extras in the final acts of the financial crisis as they practice their turns on the shores of the Adriatic Sea.