GILD YOUR INVESTMENT IN THE GOLDEN VALLEY
POzEGA-SLAVONIA COUNTY, croatia table of content pozega-slavonia county
01 | basic indicators 4
02 | LOCATION 5
03 | HUMAN CAPITAL 6
04 | COST COMPETITIVEness 8
05 | INDUSTRIAL TRADITION 9
06 | INTERNATIONAL BUSINESS ENVIRONMENT 10
07 | READY–MADE INVESTMENT LOCATIONS 11
08 | ATTRACTIVE INVESTMENT INCENTIVES 17
09 | ADDITIONAL INCENTIVES 17
10 | DID YOU KNOW? INTERESTING FACTS 18 GILD YOUR INVESTMENT IN THE GOLDEN VALLEY – INVEST IN Požega-Slavonia County GILD YOUR INVESTMENT IN THE GOLDEN VALLEY – INVEST IN Požega-Slavonia County basic indicators LOCATION
Požega-Slavonia County, also called Golden County (Vallis Aurea), is located in continental Croatia in the north-eastern Požega-Slavonia County is a county with a very favourable part of the Republic of Croatia. location between Hungarian and Bosnian-Herzegovinian borders. The County has long industrial tradition, and it is also famous by its wine production. 3h
Excellent road infrastructure and rail links ensure that 2h many EU and CEFTA markets can be serviced in 24-hours 1h or less: for example, Budapest (330 km), Vienna (550 km), Munich (730 km). Border with Hungary is 85 km, Serbia Zagreb Land area Climate 70 km and Bosnia and Herzegovina only 35 km away from 2 1,815.23 km Continental the County seat.
Capital GDP per capita (2015) Požega € 6,061
Administration Unemployment rate (2016) 5 towns and 5 municipalities Zagreb (towns: Požega, Pakrac, Pleternica, Lipik, Kutjevo, 22.8 % municipalities: Velika, Jakšić, Kaptol, Brestovac, Čaglin)
Population (est. 2016) Average monthly gross salary (2015) PAN EUROPEAN CORRIDOR 10 71,920 € 862 (Salzburg – Ljubljana – Zagreb – BELGRADE Požega-Slavonia – Skopje – Thessaloniki) County
REGIONAL HIGHLIGHTS INTERNATIONAL RAILWAY ROUTE Munich – Ljubljana – Zagreb YOUNG AND EDUCATED WORKFORCE – Belgrade – Sofia
TRADITION IN FOOD-PROCESSING, MANUFACTURING INDUSTRY Kutjevo Pakrac AND AGRICULTURAL PRODUCTION Lipik
COST COMPETITIVE Požega VICINITY of OSIJEK INTERNATIONAL AIRPORT Pleternica (120 km) and ZAGREB INTERNATIONAL AIRPORT (180 km)
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DID YOU KNOW? HUMAN Požega-Slavonia County employs 40.5% CAPITAL of employees in manufacturing, which generates 29.4% of total revenue.
The educational institutions: Source: Financial Agency of the Republic of Croatia (FINA)
Polytechnics in Požega (Accounting, Commerce, Administration, Viticulture-Oenology-Pomology, The County workforce is experienced, highly Food Technology and Trade Business), motivated and has a long tradition of University of Applied Health Studies Zagreb – Study Program of Physiotherapy in Pakrac excellence in education particularly in the Eight secondary schools, with various programs fields of food production, metal and wood processing.
Age Structure in Požega-Slavonia County
15 % 0-14
18 % 15-64 67 %
65 and more
Source: Croatian Bureau of Statistics, Population Estimates 2016
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COST COMPETITIVEness INDUSTRIAL DID YOU KNOW? TRADITION The first data on glass production in Lipik area were recorded in 1803. Today LIPIK GLASS produces car glass for Bentley Motors, Aston Požega-Slavonia County has a long industrial tradition, ELECTRICITY PRICES FOR INDUSTRIAL CONSUMERs Martin, McLaren, Lamborghini, Ferrari and Alfa (€ per khw), 2017 s1 particularly in the fields of food processing, glass production, furniture production and metal processing. Romeo. The lowest electricity prices for Croatia industrial users Slovenia
Slovakia wood processing food processing
Natural gas prices are among Bulgaria
the lowest in Europe Poland
EU 28
Czech Republic 5x LOWER AVERAGE MONTHLY GROSS SALARY THAN IN THE EU Hungary 0,00 0,01 0,02 0,03 0,04 0,05 0,06 Source: Eurostat 2018; 70 000 MWh < Consumption < 150 000 Mwh
SPINVALIS Zvečevo Plc., the chocolate factory since 1936. AVERAGE GROSS EARNINGS per hour (€), 2015 Production of modern furniture from genuine Today it produces a range of high-quality chocolate Slavonian wood, coated in natural, environmentally bars, premium chocolate, pralines as well as spirits, Požega- friendly bio oil. liquers and brandies. Slavonia Investment costs County
33% lower Croatia
European than EU28 average Union (28 countries) fashion industry production of heating appliances
0 5 10 15 20 25 Source: Eurostat Total Labour Costs, 2018; Croatian Bureau of Statistics, 2018
PRICE LEVEL INDICES FOR INVESTMENT 2016
Croatia 67 %
Orljava Ltd. is a company which produces high - PLAMEN Ltd. - 90-year tradition in the manufacture quality men’s shirts for all occasions. of cast iron parts and final products, today one of the largest foundries and manufacturers of household European heating appliances in the Republic of Croatia. Union (28 100 % countries)
0 20 40 60 80 100
Source: Eurostat 2018
8 9 GILD YOUR INVESTMENT IN THE GOLDEN VALLEY – INVEST IN Požega-Slavonia County GILD YOUR INVESTMENT IN THE GOLDEN VALLEY – INVEST IN Požega-Slavonia County the BUSINESS ENVIRONMENT Success stories
Kutjevo is one of the largest wine producers in Croatia. It’s grape and wine production has written history of almost 800 years. Today Kutjevo owns about READY–MADE 1150 ha of modern vineyards located on the same world’s geographical latitude as many distinguished vineyards such as Piemont and Bordeaux. The supreme INVESTMENT quality of Kutjevo wines is confirmed year after year by prestigious awards won at international and domestic wine competitions. LOCATIONS Production of wine
Business Zone PLETERNICA, Pleternica
Business Zone INDUSTRIJSKA ULICA SJEVER, Požega The company has been producing glass since 1963 and has been in majority ownership of Italian Finind Group. After two years or restructuring, the company Business Zone KAMENJAČA, Kutjevo started production of high-performance car glass for low-series, high-budget vehicles. Today the Lipik Glas is a world leader in providing car glass to brands Production of car glass such as Bentley, Lamborghini, Mc Laren etc. Business Zone LIPIK II, Lipik
“Our goal is to create the products of the highest quality for road safety, which includes our two brands: DLEDS for LED lighting and DPOWER for LED signalization. We have selected the city of Pakrac as a centre of our CEE operations, because of perfect ratio of manpower availability, growth potential and good support from the local government.” 10 ready-made ≈ 3 million Price of land starts Production of LED optics and Giorgio Durin, Director of Detas Group, Italy lightning projects business zones square meters from 0,13 €/m2
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Business Zone Pleternica, Pleternica Business Zone Industrijska ulica Sjever, Požega
General information Infrastructure/energents capacity General information Infrastructure/energents capacity
Location (city/municipality) Pleternica Infrastructure/energents capacity Availability Location (city/municipality) Požega Infrastructure/energents capacity Availability
Size of the zone (m²) 1,645,000 Gas Yes Size of the zone (m²) 358,326 Gas No
Available land size (m²) 619,700 Electricity Yes Available land size (m²) 47,545 Electricity Yes
Production and Construction purpose Manufacturing Water Yes Construction purpose Water Yes service
Allowed construction density 0.6 Sewage Yes Allowed construction density 0.5 Sewage Yes
Construction efficiency coefficient allowed 1.8 Construction efficiency coefficient allowed 1.8
Allowed construction height (m) 21 Allowed construction height (m) 15
Pakrac Kutjevo Pakrac Kutjevo
Lipik Lipik
Požega Požega Pleternica Pleternica
Zagreb Zagreb
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Business Zone Kamenjača, Kutjevo Business Zone II, LIPIK
General information Infrastructure/energents capacity General information Infrastructure/energents capacity
Location (city/municipality) Kutjevo Infrastructure/energents capacity Availability Location (city/municipality) Lipik Infrastructure/energents capacity Availability
Size of the zone (m²) 226,968 Gas Yes Size of the zone (m²) 169,605 Gas Yes
Available land size (m²) 13,448 Electricity Yes Available land size (m²) 95,846 Electricity Yes
Manufacturing and Manufacturing and Construction purpose Water Yes Construction purpose Water Yes services services
Allowed construction density 0.64 Sewage Yes Allowed construction density 0.8 Sewage Yes
Construction efficiency coefficient allowed 1.16 Construction efficiency coefficient allowed 0.9
Allowed construction height (m) 15 Allowed construction height (m) 15
Pakrac Kutjevo Pakrac Kutjevo
Lipik Lipik
Požega Požega Pleternica Pleternica
Zagreb Zagreb
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Other Available Zones Attractive investment ADDITIONAL incentives INCENTIVES • Business Zone “Svetenica”, Velika, 211,200 m2 • Business Zone “Novi Bešinci”, Kaptol, 130,000 m2 • Business Zone “Čaglin”, Čaglin, 19,758 m2 • SME Zone Pakrac, Pakrac, 540,000 m2 • Business Zone “Jakšić”, Jakšić, 169, 605 m2 • Zone Pakrac 5 – for service and trade activities, Pakrac, 172, 400 m2 Up to 1 million € cash grant for capital cost of the Požega-Slavonia County strongly supports investments. investment projects With the aim of stimulating investments in manufacturing Up to 0% corporate profit tax for 10 years sector activities, technology centres, strategic business support and high value-added services as well as tourist Up to 18,000 € for each new employee SME ZONE Pakrac activities, investors are offered various incentives, Up to 0.5 million € cash grant for investment in zone pakrac 5 BZ SVETENICA especially in business zones: Pakrac Kutjevo development and innovation activities BZ NOVI BEŠINCI • Relief in the form of reduction/exemption of payment Lipik EU funds available BZ ČAGLIN of municipal contributions BZ JAKŠIĆ Guarantee scheme, up to 80% of investments, • Exemptions from utility contributions and Požega provided by Croatian Agency for SMEs, Innovations and compensations (3-4 years) Pleternica Investments (HAMAG-BICRO) • Lower costs of connection to utility infrastructure Business loans programs by Croatian Agency for SMEs, Innovations and Investments (HAMAG-BICRO) • Exemptions from local taxes Zagreb with interest rates starting from 0.5%) • Lower price of land Subsidized business loans programs; loan • Employment and self-employment incentives repayment up to 17 years, provided by Croatian Bank of Reconstruction and Development (HBOR). • Majority of local governments have the assisted area status, which gives possibilities of further benefits.
Up to 45% of the investment cost return through various incentives Supporting Institutions for Entrepreneurs
Lipik Development and Tourist Agency LIRA, including the Entrepreneurship Incubator Donji Čaglić www.liralipik.com
Entrepreneurship Centre Pakrac, including the Entrepreneurship Incubator Pakrac www.pc-pakrac.hr TAX
Entrepreneurship Centre Pleternica, including the Entrepreneurship Incubator Pleternica www.plink.hr up to up to up to up to Town of Kutjevo Development Agency – ERA (European Development Agency) 0% €18,000 €1M €0.5M www.kutjevo.hr profit tax rate employment grants grants for capital costs for R&D Regional Development Agency of Požega – Slavonia County – PANORA Ltd. www.panora.hr
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Agency for Investments and Competitiveness THE GOVERNMENT AGENCY
· Professional service for investors, free of charge · Highly motivated team of experienced professionals · Provides information, contacts and investment management support to potential investors as well as pre- and DID YOU KNOW? post- investment care
INTERESTING FACTS ABOUT Zdenko Lucić, Managing Director Požega-Slavonia COUNTY E: [email protected]
A: Prilaz Gjure Deželića 7, HR-10000 Zagreb, Croatia T: +385 (0)1 6286 800 E: [email protected] W: www.aik.invest.hr
KUTJEVO CELLAR Požega-Slavonia COUNTY Kutjevo Cellar, a wine cellar dates back to a Županijska 7 former 13th century Cistercian monastery. 34000 Požega, Croatia T: +385 34 290 290 W: www.pszupanija.hr
Regional Development Agency of Požega-Slavonia County – PANORA Ltd.
- Established by Požega-Slavonia County and registered in the Ministry responsible for regional development as ZVEČEVO RICE CHOCOLATE Regional development coordinator for the County to support sustainable economic growth and development of the County Zvečevo invented the rice chocolate in 1964, Panora’s business policy is to: at that time absolutely illogical mixture of • Assist foreign and domestic investors in establishing or expanding their businesses – at every stage of the process chocolate and puffed rice. (pre- and post- investment care) Mikado – the Japanese earthly and heavenly • Provide high quality service on time • Treat information confidentially ruler will always be the synonym for chocolate • Provide the relationship with respect and courtesy with rice; food for people and gods. Županijska 7, 34000 Požega, Croatia E: [email protected] E: [email protected] T: +385 (0)34 290 215 F: +385 (0)34 290 243 W: www.panora.hr Senka Horvat, M.D.Econ., director Anton Devčić, Ph.D.Econ, project team leader
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