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MEĐIMURJE COUNTY Investment Profile Međimurje

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MEĐIMURJE COUNTY Investment Profile Međimurje MEĐIMURJE COUNTY INvEsTMENT pROfIlE MEĐiMURJE ... for success is not a coincidence TablE Of CONTENTs BASIC INFORMATION 4 LOCATION 5 HUMAN CAPITAL 6 EDUCATION OPPORTUNITIES 6 COST COMPETITIVENESS 7 ECONOMY AND BUSINESS CHARACTERISTICS 8 DEVELOPED INDUSTRY 9 EMERGING SECTORS 9 MEĐIMURJE - WHERE THE WORLD’S FINEST MEETS THE CROATIAN FINEST 10 READY-MADE INVESTMENT LOCATIONS 13 ATTRACTIVE INVESTMENT INCENTIVES 17 LOCAL /REGIONAL INCENTIVES 17 QUAL ITY OF LIFE 18 basIC INfORMaTION lOCaTION DID YOU KNOW? Being situated in the very north of Croatia, between One of the biggest advantages of Međimurje is Međimurje is the northernmost county in Croatia, rivers Mura and Drava, on both plains and hills, its geographical position in the northern part of also perceived as one of the most business-friendly Međimurje County has a great perspective for the Republic of Croatia bordering Hungary and counties with a number of business zones and further investment development. Slovenia, in close vicinity to Austria, and excellent developed industry. Međimurje County was awarded traffic connection to the City of Zagreb. 7th place in the Top 10 small Mursko Središće regions for FDI strategy by the RAILWAY pORT fDi Magazine’s European Cities AIRPORT Čakovec LAND AREA and Regions of the Future Awards 729 km2 2018/19 RAILWAY Prelog ROAD CAPITAL Čakovec Zagreb pOpULATION (EST. 2016) INVEST In meĐImUrJe 112,089 FOR A REASON POPULATION DENSITY 156,73 inhabitants/km² pEOpLE WITH AN INITIATIVE, pASSION ! AND FOCUS ON THE GOAL AVERAGE AGE 37.4 STIMULATING BUSINESS ! ENVIRONMENT GDP PER CAPITA (2015) MODERN GOOD TRANSPORT NETWORK DISTANCE FROM EUROPEAN CITIES € 9,029 ! INFRASTRUCTURE ZAGREB 101 km GRAZ 148 km E65 RIJEKA-ZAGREB-ČAKOVEC-BUDApEST Unemployment rate (2016) VIENNA 224 km SUITABLE LOCATION 12.1 % ! BUDAPEST 260 km (CROSSROADS) M20 ZAGREB-KRIŽEVCI-KOpRIVNICA-BUDApEST SALZBURG 430 km M30 MARIBOR-VARAŽDIN-KOpRIVNICA-OSIJEK VENEZIA 430 km average monthly gross salary (2015) MUNICH 570 km € 827 BALANCE AND HARMONY ! ZAGREB INTERNATIONAL AIRPORT IN VICINITY MILAN 700 km OF BUSINESS AND QUALITY OF LIFE STUTTGART 800 km 4 5 ELECTRICITY PRICES FOR INDUSTRIAL CONSUMERS COsT (€ per khw), 2017 s1 CROATIA COMpETITIvENEss SLOVENIA SLOVAKIA BULGARIA POLAND EU 28 CZECH REPUBLIC Investment costs HUNGARY 0,00 0,01 0,02 0,03 0,04 0,05 0,06 33% lower than Source: Eurostat 2018, the latest available data (70 000 MWh < Consumption < 150 000 MWh eU28 average AVERAGE GROSS EARNINGS PER HOur (€), 2015 međimurje COUNTY AGE STRUCTURE Cost competitiveness, in terms of initial HUMaN CapITal investment costs, utility prices and salaries is a significant advantage that qualifies Croatia CROATIA The main advantage of Međimurje County are its people. Their and Međimurje County as an excellent productivity, flexibility and readiness to innovate are complimented, 16 % destination for expanding business activities, EUROPEAN without exception, by both domestic and foreign business people. increasing the market share and improving UNION (28 17 % profitability. COUNTRIES) 67 % 0 5 10 15 20 25 Did you know? Source: Eurostat Total Labour Costs, Croatian Bureau of Statistics - Average • The knowledge of languages in the region is one of its strong points: Monthly Gross Earning, the latest available data (2018) English, German and Italian are studied even from the preschool age. • Međimurje County has the highest share of entrepreneurs AMONG THE LOWEST with net profit among other counties in Croatia (74.1%). 0-15 16-64 65 and more ELECTRICITY PRICES Source: Financial Agency of the Republic of Croatia FOR INDUSTRIAL USERS Source: Croatian Bureau of Statistics, PRICE LEVEL INDICES FOR INVESTMENT 2016 Population Estimates 2016, the latest available data in 2018 COMPETITIVE CROATIA 67 % NATURAL GAS EDUCaTION pOssIbIlITIEs PRICES • Computer Engineering, Management of Tourism and Sports, and Sustainable Development - Polytechnic of EUROPEAN Međimurje UNION (28 100 % COUNTRIES) • Nursing - University of Osijek, School of Medicine, Department in Čakovec 4 X LOWER AVERAGE • Teacher Education Studies and Preschool Education Studies - Faculty of Teacher Education, Zagreb University, MONTHLY GROSS SALARY 0 20 40 60 80 Department in Čakovec THAN IN THE EU Source: Eurostat 2018 6 7 DEvElOpED INDUsTRY Metal processing in Međimurje is not only an industry The textile and leather industry has played a big sector and a source of revenue but much more. role in the industrial development of Međimurje and still ECONOMY aND bUsINEss CHaRaCTERIsTICs Experience, knowledge and skills of today have been represents a significant factor in the economy. Numerous gained by generations and made the metal industry one small local enterprises maintain their market position Međimurje region is characterized by developed manufacturing industry, especially metal, furniture and food of the most propulsive sectors of the local economy. in this highly competitive sector through innovation, industries, as well as clothes and rubber production. There are around 165 companies in the sector which, knowledge and flexibility. On the other hand, Međimurje is using modern technology, produce different components the home of many global textile and footwear companies KEY ECONOMY SECTORS MANUFACTURING and end-products, from small tools to railway wagons, that achieve the highest standards of productivity and IN THE COUNTY INDUSTRIES and export mainly into the countries of the EU. product quality. 2.2% Did you know: 98% of micro and small entrepreneurs 2.8% employ 57.3% of all employed workforce. 10.1% bOOMING sECTORs Source: Financial Agency of the Republic of Croatia 26.4% 27.3% 9% 53.9% 7.9% 22% 15% 8.7% 14.7% Manufacturing industry Manufacture of fabricated metal products Wholesale and retail Furniture manufacturing industry Construction Food manufacturing industry Information and communication technology is a rather new, emerging sector in the Međimurje economy. Proactive Transport and storage Manufacture of machinery and equipment and ever more successful companies, offering a wide range of IT services and solutions, are keeping up with the global Agriculture, forestry and fishery Plastic and rubber industry trends, constantly improving their skills and pool of experts as well as opening new markets and opportunities. There Other Other is a system of business support for ICT in place, including Technology Innovation Centre Međimurje with a business Source: Financial Agency of the Republic of Croatia, Croatian Chamber of Source: Financial Agency of the Republic of Croatia, Croatian Chamber of Economy 2018 (data for 2016) Economy 2018 (data for 2016) incubator for IT start-ups and higher education institutions with relevant study programmes. 8 9 CENTROMETAL LTD. MEĐIMURJE - WHERE THE WORlD’s fINEsT The leading Croatian thermo-technical equipment constructor which operates on 30 European markets. MEETs THE CROaTIaN fINEsT Centrometal Ltd has expertise in design and production of boilers (wood pellets, wood chips, solid fuel, oil/gas, combined), wood pellet stoves and thermo-stoves, accumulation tanks and boilers, as well as inox tanks. The company has its own training centre, testing station, a modern technological centre as well as very MANUFACTURE OF MACHINERY AND EQUIPMENT AND developed range of service centres. The emphasis in production is given to the use FABRICATED METAL PRODUCTS of renewable energy sources and its sustainable utilization. FURNITURE PRODUCTION EKO MEĐIMURJE Plc. EUROPEAN SUPPLIER FOR METAL PARTS AND WELDED CONSTRUCTIONS LPT LTD. The company’s main activities are: Activities: Manufacture of various types of spring units for mattresses and furniture • manufacturing machine parts for construction machinery (cabin, fuel and oil as well as engineering production of machinery and equipment for mattresses tanks, hulls/chassis, staircases etc.), production. • manufacturing food industry plants (ovens for fresh pastry products, ovens for Newly built facility with a surface of 15.000 m2 in 2008 followed by a large expansion durable baked goods, cold storage for frozen or chilled foodstuffs, equipment in 2017. for the manufacture and storage of beverages), • manufacturing various boilers for heating, recycling plant parts and other metal structures according to the customer’s requirements HILDING ANDERS Activities: Comfortable beds production Holds the 6th place in Međimurje County on the list of companies by their revenues (2015). LTH ALUCAST LTD. Hilding Anders produces a variety of mattress, beds and furniture. It operates in Specialist for aluminium die-cast automotive components modern business and manufacturing premises, covering 42,000 m2, equipped with LTH Alucast Ltd. is a part of the group LTH Castings Ltd. Slovenia. The company is state-of-the-art technology, and currently employs 500 people. located in Čakovec and engaged in casting and processing of aluminium for the automotive industry. PLASTIC AND RUBBER INDUSTRY MURAPLAST TEHNIX LTD. MURAPLAST is the leading and most modern producer of polyethylene blown The leading eco industry which produces devices and equipment for environmental film in Croatia and Southeast Europe. It operates in 5 production halls with an protection sold worldwide. annual production capacity of 22,000 tonnes and employs more than 230 people. Tehnix Ltd. develops projects and technology in waste-management and water The main product is extruded Polyethylene tubular blow film which is used for protection areas. It has 400 employees and offices in main European cities. The packaging
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