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Croatia

First time on a yacht? Avoid these 7 amateur mistakes

While most of the travel industry struggled to get back on its feet, the yachting industry had a different problem during the pandemic: serving everyone wanting to charter a boat.Like the rise in private jet travel during the pandemic, charter demand remains "extremely strong," said Crom Littlejohn, chief commercial officer of the yacht brokerage company Northrop & Johnson. He said he expects interest to remain this way "for the foreseeable future."But it isn't the same people who have always traveled via sea, he…

Croatian EV supercar maker Rimac raises 500 million euros

Rimac Group, the Croatian company best known for its 1,900 horsepower Nevera electric sports car, said it has raised 500 million euros (about $537 million) from investors including Goldman Sachs, Porsche and a technology fund advised by Japan's SoftBank.The new funding round values Rimac at over 2 billion euros.Rimac made headlines last year when it agreed to take a controlling interest in Bugatti, the ultra-exclusive French automaker that had long been part of the Volkswagen Group. As part of that deal, Bugatti and…