Friday, 19th September 2025

Outstanding Potential Of Geothermal Sources

A parliamentary republic situated on the boundary between Central and Southeast Europe, Croatia covers a land area of 56,594km² and has 31,067km² of territorial waters. With a population of 3,855,640, Croatia can boast of having a GDP of 68.96 billion USD, which equates to as much as 17,685.33 USD per capita.

The Republic of Croatia is headed by President Zoran Milanović, a former leader of the Social Democratic Party, while its government is led by Prime Minister Andrej Plenković of the Croatian Democratic Union. Croatia became a full member of the EU on 1st July 2013, while it has been a NATO member country since April 2009.

Tourism accounts for up to 20 per cent of the country’s GDP, making it is a crucial branch of the Croatian economy, particularly in the country’s coastal regions. It is noteworthy that Croatia lost almost 10 per cent of its population over the course of 10 years.

If it were to utilise its natural potential, Croatia could produce 500 MW of electricity from its geothermal sources. In the country’s Varaždin County, where subterranean water reaches a temperature of 142 degrees Celsius at a depth of two and a half kilometres, testing is being finalised on the largest geothermal source, which – apart from generating electricity – could also be used to heat buildings and greenhouses. Alongside its geothermal sources, Croatia also has excellent conditions to develop agrisolar power plants.

World First: Albania Elevates AI to Ministerial Rank

In a world first, Albania has appointed an artificial intelligence system to ministerial rank. Prime Minister Edi Rama announced...

UAE’s e& to Expand Serbia’s Kragujevac Data Centre

The UAE’s Emirates Telecommunication Group Company (e&), one of the world’s largest telecom operators, is stepping into Serbia’s digital...

Bosnian Arms Maker Reports Profit Surge

Bosnia’s defense industry is quietly strengthening. BNT TMIH, a state-owned arms manufacturer, announced a 71% rise in net profit...

Serbia Bets on AI to Transform Tourism Industry

Serbia’s Chamber of Commerce has opened applications for a landmark programme designed to drive artificial intelligence into the heart...

Končar Taps Hyundai Partnership to Power Asian Market Expansion

Croatia’s Končar – Motors and Electrical Systems has struck a major deal with South Korea’s HD Hyundai Electric, marking...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities