Davor Štern
Encyclopedia
Davor Štern is a former Minister of Economy, Labour and Entrepreneurship
in the Croatian Government, businessman and entrepreneur.
and his mother was from village Šestanovac
in Croatia. He is fluent in English, Russian, Italian, German, Hebrew and Croatian. He graduated in 1967 at the University of Zagreb
(faculty of Petroleum, Geology and Mining). Štern is a member of the Jewish community in Zagreb.
, he worked in that position until 1986. From 1986 until 1991 he worked as director of Philipp Brothers – Salomon Brothers
representative office in Moscow. He worked as a branch director of Glencore
from 1991 until 1993. From 1993 until 1994 he worked as director of Trade Consulting in Graz
, Austria. He was a Deputy Minister of Economy
from 1994 until 1995, when he was appointed as a Minister of Economy. He held that office until 1997. In 1997 he became a general manager of INA – Oil Industry d.d. and he remained on that position until 2000. In 2001 he returned to Moscow as advisor to a president of TNK-BP
. He remained there until 2004 and since then he has been a director of Zagreb Trade Consulting Company. On October 21, 2010 Štern was named a member of INA supervisory board. Štern is one of Croatia's wealthiest people, worth €43 million according to the list from 2007.
. He always preferred anonymous donations over those that are visible to the public.
Ministry of Economy, Labour and Entrepreneurship (Croatia)
The Ministry of Economy, Labour and Entrepreneurship of the Republic of Croatia is the ministry in the Government of Croatia which is in charge of the development of the economy, investments and labour regulation.-List of ministers:-Origins:...
in the Croatian Government, businessman and entrepreneur.
Background and education
Štern was raised Jewish. His father was a Hungarian JewHistory of the Jews in Hungary
Hungarian Jews have existed since at least the 11th century. After struggling against discrimination throughout the Middle Ages, by the early 20th century the community grew to be 5% of Hungary's population , and were prominent in science, the arts and business...
and his mother was from village Šestanovac
Šestanovac
Šestanovac is a municipality in Croatia in the Split-Dalmatia county. It has a population of 2,685 , 99% of which are Croats.Šestanovac municipality divided into three villages: Žeževica, Katuni-Kreševo and Grabovac....
in Croatia. He is fluent in English, Russian, Italian, German, Hebrew and Croatian. He graduated in 1967 at the University of Zagreb
University of Zagreb
The University of Zagreb is the biggest Croatian university and the oldest continuously operating university in the area covering Central Europe south of Vienna and all of Southeastern Europe...
(faculty of Petroleum, Geology and Mining). Štern is a member of the Jewish community in Zagreb.
Political and business career
After graduation, in 1972 he worked for INA Naftaplin and in 1973 he was hired by Yugoslav oil pipeline. From 1976 until 1982 he worked as director of imports in INA – Commerce. In 1982 he was appointed as a branch director of INA in MoscowMoscow
Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...
, he worked in that position until 1986. From 1986 until 1991 he worked as director of Philipp Brothers – Salomon Brothers
Philipp Brothers
Phibro LLC is an international commodities trading firm and a subsidiary of Occidental Petroleum Corporation . Phibro trades in crude oil, oil products, natural gas, precious and base metals, agricultural products, commodity-related equities and other products...
representative office in Moscow. He worked as a branch director of Glencore
Glencore
Glencore International plc is a multinational mining and commodities trading company headquartered in Baar, Switzerland and with its registered office in Saint Helier, Jersey...
from 1991 until 1993. From 1993 until 1994 he worked as director of Trade Consulting in Graz
Graz
The more recent population figures do not give the whole picture as only people with principal residence status are counted and people with secondary residence status are not. Most of the people with secondary residence status in Graz are students...
, Austria. He was a Deputy Minister of Economy
Ministry of Economy, Labour and Entrepreneurship (Croatia)
The Ministry of Economy, Labour and Entrepreneurship of the Republic of Croatia is the ministry in the Government of Croatia which is in charge of the development of the economy, investments and labour regulation.-List of ministers:-Origins:...
from 1994 until 1995, when he was appointed as a Minister of Economy. He held that office until 1997. In 1997 he became a general manager of INA – Oil Industry d.d. and he remained on that position until 2000. In 2001 he returned to Moscow as advisor to a president of TNK-BP
TNK-BP
TNK-BP is a major vertically integrated Russian oil company. It is Russia's third largest oil producer and among the ten largest private oil companies in the world. TNK-BP is Russia's third largest oil company in terms of reserves and crude oil production...
. He remained there until 2004 and since then he has been a director of Zagreb Trade Consulting Company. On October 21, 2010 Štern was named a member of INA supervisory board. Štern is one of Croatia's wealthiest people, worth €43 million according to the list from 2007.
Philanthropy
Štern is known for his philanthropyPhilanthropy
Philanthropy etymologically means "the love of humanity"—love in the sense of caring for, nourishing, developing, or enhancing; humanity in the sense of "what it is to be human," or "human potential." In modern practical terms, it is "private initiatives for public good, focusing on quality of...
. He always preferred anonymous donations over those that are visible to the public.