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Becroative Investicije V22 EN.Indd THE HEART OF THE WORLD FOR ALL YOUR INVESTMENTS CROATIA– THE HEART OF THE WORLD FOR YOUR INVESTMENTS Croatia, as the only country in the world which is central European, Danubian, Pannonian and Mediterranean at the same time, with its unique geographical location links Europe to the world. Modern transport and energy infrastructure, untarnished soil, unpolluted sea and rich sources of fresh water provide the foundations for Croatia to build its future on and become recognised in the European and world markets. General information OFFICIAL NAME The Republic of Croatia AREA 56,594 km² POPULATION 4.4 million OFFICIAL LANGUAGE Croatian CAPITAL Zagreb TERRITORIAL ORGANIZATION 20 counties and the City of Zagreb CURRENCY kuna (HRK) EXCHANGE RATE HRK/EUR 2011 7. 43 4 GDP 2011 EUR 45.9 bn GDP PER CAPITA 2011 EUR 10,700 EXPORT 2011 EUR 9.6 bn IMPORT 2011 EUR 16.3 bn LOCAL TIME Central European WHY INVEST IN CROATIA? Unique geographical location, modern infrastructure, political and economic stability, competent and highly educated workforce are only some of the reasons to invest in Croatia. Croatia offers the following to investors: • easier access to European and world markets • modern transport infrastructure • reliable investment and business environment • stimulating investment climate • highly educated, multilingual and competent workforce • high quality of life MODERN TRANSPORTATION INFRASTRUCTURE Situated at the heart of Europe, only two or three hours air distance to any European destination, Croatia, with its highly developed road and rail network, and the network of sea, river and airports, as well as inland waterways and intermodal terminals, represents the central link between Europe and the world. The network of modern motorways, placing Croatia together with leading European countries, provides a possibility of fast and uninterrupted travel. International transport corridors pass through Croatia, the country is 100% digitized, with its entire territory covered by broadband Internet. Its highly developed gas distribution network places it at the very top of European countries. All of this makes Croatia an ideal transport, communication and energy intermediary, not only between countries in the region, but between the Mediterranean and the rest of the world. Land connection to all European The inmost sea into the heart of transport routes European continent • 29,547 km of roads • 6 seaports (Rijeka, Ploče, Šibenik, • 2,726 km of rail network Zadar, Split, Dubrovnik) • 4 river ports 2-3 hours air distance to any European destination • 7 international airports (Zagreb, • one of the most developed gas Split, Dubrovnik, Zadar, Rijeka, Pula, distribution networks in Europe Osijek) and 2 airfi elds (Mali Lošinj, • 100% digitized country Brač) • 100% broadband Internet coverage CROATIA – ESSENTIAL PART OF EUROPEAN AND INTERNATIONAL TRANSPORT ROUTES The motorway network in Croatia is among the most developed in Europe. Five PAN- EUROPEAN international corridors pass through Croatia, making it an essential part of all major European and international transport routes. DRESDEN BRUXELLES NÜRNBERG PRAHA LVOV LUXEMBURG MÜNCHEN PARIS VIENNA BRATISLAVA SALZBURG V BUDAPEST CHISINAU X GRAZ V BERN LJUBLJANA Vb 2 3 h V TRIESTE ZAGREB h MILANO VENEZIA Vb RIJEKA X Vc BELGRADE BUCHAREST GENOVA JJ SARAJEVO X SPLIT PLOČE SOFIA ROROMAMA SKOPJE DURRËSDUR X Vb Budapest – Varaždin - Zagreb - Rijeka TIRANA Vc Budapest - Osijek-Sarajevo -Pločer=5r5r=500km00km JJ VII the Danube river ATHENS X Salzburg – Villach – Ljubljana – Zagreb – Belgrade – Skopje - Thessaloniki Xa Graz - Maribor – Zagreb CROATIA – YOUR RELIABLE BUSINESS PARTNER As the political leader in the region, a full member of NATO and soon to be the 28th member of the European Union (1 July 2013), Croatia guarantees stability and the safety of business activities. Croatian legislation, harmonized with the basic postulates of the European Union, ensures business activities of the highest standard and opens the possibility of using EU funds. Free trade agreements with the European Union, CEFTA, EFTA and Turkey enable the placement of services and goods on the markets of 39 countries with granted tariff preferences. CLOSE TRADING PARTNER OF EU COUNTRIES AND THE REGION Croatia realizes 4/5 of its total economic relations with European countries. Graph 1 – Most important export markets in 2011 15.79% Italy 12.24% Bosnia and Herzegovina Germany Slovenia 33.5% Austria 10.10% Serbia France USA Hungary Luxembourg 2.48% 8.26% 2.51% Other countries 2.66% 2.86% 3.9% 5.70% Source: Croatian Bureau of Statistics With the majority of the most signifi cant trading partners business activities are carried out on free trade basis. Graph 2 – Croatia’s import partners in 2011 16.34% 33.26% Italy 12.59% Germany Russia China Slovenia Austria 7.2% Azerbaijan Bosnia and Herzegovina France Hungary 3% 7. 07 % Other countries 3.04% 6.22% 3.34% 3.48% 4.46% Source: Croatian Bureau of Statistics TOURISM – THE DEVELOPMENT AND PROFIT IN ONE OF THE FASTEST GROWING INDUSTRIES IN THE WORLD Croatia occupies one of the most beautiful, internationally known coasts. As one of the most important tourist destinations on the Mediterranean, Croatia boasts a longstanding tradition in tourism and shows great potential for further development. The image of environmental awareness is something Croatia is also known for. It has 8 national parks, both on coast and inland. As the number of overnight stays and arrivals grows constantly, service quality improvement and construction of top-class accommodation facilities is in progress. Tourism in Croatia is one of the leading business sectors with growing international visibility and reputation. TOURISM IN 2011: • revenue: EUR 6.1 bn (18% of GDP) ! Priority - Investments in high quality tourist facilities • 11.5 mil tourists ( + 8%) • 60.3 mil overnight stays ( + 7%) • 1,246 islands • 61 marinas • 8 national parks • 10 intagible culturale heritage and 7 cultural and natural heritage sites, all included in UNESCO’s Heritage lists INDUSTRY – POSSIBILITY TO INVEST IN ENERGY SECTOR, TRANSPORT AND ENVIRONMENTAL PROTECTION Croatian industry over the last decade has been marked primarily by signifi cant growth in physical and fi nancial production volume and labour productivity as the consequence of intense changes resulting from the process of comprehensive restructuring and adaption to global market competition. Export-oriented as always (2011 made up for 93.2% of total Croatian export), shipbuilding, the manufacturing of refi ned petroleum products, electrical equipment, chemicals and chemical products, food products, machinery and devices are traditionally the strongest export-oriented branches of industry. Despite negative trends in industrial production over the last three years, with investments and recovery of export markets and fresh capital investments, primarily in the energy sector, transport and environmental protection, in the long term Croatian industry can expect a mild growth. • manufacture of refi ned petroleum INDUSTRY IN 2011: products • 16.4% of GDP (2010) • manufacture of electrical goods • 21.1% of total employment • manufacture of chemicals and chemical products • 14,633 active companies • manufacture of food products Main branches of industry • manufacture of fabricated metal products (except machinery and (export-oriented): equipment) • manufacture of other transport equipment AGRICULTURE– CROATIAN SOIL AS INEXHAUSTIBLE WELL OF RICHNESS Due to diverse climate (there are three geographical and climate zones in Croatia – the continental, Mediterranean and mountainous zone), landforms and soil are favourable for the production of a wide range of agricultural products, from fi eld and industrial crops to vineyards, continental and Mediterranean fruits and vegetables. AGRICULTURE IN 2011: • 4.8% of GDP (2010) ! Great potential in healthy food production and aquaculture • 4.6% of total employment • 84% of cultivated land – privately owned • wide range of products (fi sh, cattle, cereals, wine, sugar beet, olives) HIGHLY EDUCATED AND COMPETENT WORKFORCE Croatia is a country of multilingual and highly educated workforce. It also has the highest percentage of persons in the age-group 20 to 24 who have completed at least secondary school education. According to unemployment rates in the Republic of Croatia (13.3% Jan- Sep 2011), these represent a great potential of available workforce. EDUCATION IN 2011: • 7 public universities with over 150,000 Percentage of young people (20-24 years) students a year; over 190,000 students with at least secondary school education in college and university programmes a year 95.7% • education system harmonized with the EU education system (Bologna) • almost 99% of secondary school students learn English as a foreign language (Eurostat) • 95.7% of young people with secondary school education (20-24 years old) UNPOLLUTED NATURAL ENVIRONMENT FOR THE PRODUCTION OF CLEAN ENERGY Favourable climate and unpolluted natural environment in Croatia provide key prerequisites for the development of energy production from renewable energy sources. With over 2,700 hours of sunshine per year, windy regions by the Adriatic sea and geothermal energy from natural sources on the continent - Croatia is the perfect destination for the implementation of existing and future projects for the production of clean energy. CO2 emissions per inhabitant in the EU and in developing countries 10.1 - 23.5 8.7 - 10.1 6.5 - 8.7 5.5 - 6.5 3.7 - 5.5 Source: EUROSTAT Source: STIMULATING INVESTMENT
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