Agro Business in & - the Golden Valley Croatia & Vojvodina Serbia Agro Business South East Croatia, Serbia, , Bosnia Herzegovina, Macedonia, Europe, SEE South East Europe = SEE

Slavonia & Vojvodina Slavonia Eastern Croatia and Vojvodina Northern Serbia, very fertile “Food chamber Ex-Yugo” agricultural environment, soil, know-how people, land Polical Stability & access Homeland war 1991 – 1995. political instability replaced with stability since to new markets - Russia 2003. Croatia-Germany, Serbia-Russia

EU Funding, State Largest EU funding pr. Capita, agro- priorities, privatisation state agro- Subvenon, Privasaon businesses in Serbia, growing fast

RELINK, Danish agro & biotech investment RELINK and SEE partners since 2006. Partners in Zagreb, , , Banja Luka, Ljubljana, Skopje

www.relink.hr 7 ! Agro Business in Croatia - the Golden Valley Eastern Croatia Croatia 28th member EU 1.7.2014 Agro Business Croaa Member of NATO 2012, High investment potential, Pension Funds UK, DK interested

Golden Valley Northern & Eastern Croatia Golden Valley Fertile Agro-land, pigs, cattle, corn, fruits, Slavonia Eastern Croaa cooperatives, few large many small players

Fertile category 1 – 2 quality land, prices Land Development Croaa from 3 – 8.000 EUR pr. Hectare, ownership issues, reclaim rights, concession, leasing

EU Funding 2014-2020 Croatia EU budget 2014-2020 opened 31th October 2014. 10 billion EUR, 2,3 billion for State subvenons ago, state subvention, tax opportunities

RELINK and Golden Valley partners agro- RELINK and partners business, faculties agriculture, land developer, mapper, legal, land inspectors, CBC with Serbia, DK, SEE (SPF) www.relink.hr 8 ! Agro Business in Croatia - 5 different regions, 21 counties, 572 municipalities Slavonia, Eastern & Northern Croatia - Known as “Golden Valley” & CoCro - Corn, pigs, cattle, fruits, industrial hemp Slovenia - Still affected by the war, construction

Central Croatia - political power Central, Zagreb Slavonia centralized in Zagreb, small farms, wine, “Golden Valley” industry, biotech near Varazdin, fruit Istria (apples) organic pig, poultry and hunting forestry Gospic, Lika Istria – most developed and European part of Croatia. Tourism, health, wine, olives, fruits, truffles, Italian-Croatia history (Rockwool, Pharmaceutical, Health) Bosnia Herzegovina Gospic – Lika, poor soil, forestry, hydro potatoes, biomass, strong wind, renewable, low population, honey, herbs, hunting Dalmatia Neum, Bosnia Dalmatia, North, Central and South. Wine, olives, fruits (citrus, melons, figs), Dubrovnik exclusive tourism, fishing, hunting, marine Montenegro tourism. Dived by BiH near Neum, Dubrovnik bordering BiH & Montenegro www.relink.hr 9 Agro Invest Croatia ! - unique conditions 2014-2020

Feasibility Demografi 2014-2020 Farm Invest Next Steps

Feasibility Demografi 2014-2020 Farm Invest Next Steps • Network • 1991-1995 • EU Funding • Land • Consult • Personal • 2004 • State subven • Pigs • Partnerships Contacts • NATO, 2012 • 65% import • Cattle • Due diligence • Ownership • EU 2013 • Invest Tax • Poultry • Investment fund • Legal • 4,5 million • AIK • Animal feed • EU application • EU • WW2 • Privatisation • Food • State support • Region • Home land • Purchase • Fruits • Tax • Sector • Mindset • Lease • Vegetables • People • Partner(s) • Young/Old • Concession • Hemp • Invest • Oct 2014 • Priorities Agro, • Olives • Kickstart • Competative Health, Energy, • Wine Tourism

www.relink.hr 10 ! Opportunities right Now - in Croatia

Regional Land Local market FOOD Export FOOD import Markets

Land Local market Regional FOOD Export FOOD import • 7000 ha plots • Processing • Germany • EU • All products • 4 large farms • Retail • Austria • SEE • Net 65% • 20 fruit plantation • Catering • Italy • US, AUS • Meat SP, HU, • EU budget • Tourism • Schweiz • Canda • Italy, Turkey, • Local market • Meat • Serbia • China Greece, • Regional markets • Chicken/Eg • Slovenia • UAE Spain, Serbia • Export EU • Corn • SEE • (RUS) • Small pigs DK • Tax & subvention • Animal feed • DK (limted) • Breeding, DK • Land price increase

www.relink.hr 11 ! Conditions in Croatian Agro 2014...

Prices Land Projects 2015 Subvenon Legal Issues Concession Prices

• PKK Valpovo • 50-80 € pr/ha • 5.500-8000 €/ha • EU, yearly • Urban plans • 4 large farms, pigs, state leasing • 3.500-5000 €/ha 300 million € • Construction plans poultry, corn • 150-200 €/ha • 2500-3.500 €/ha • Direct, pillar I, • EU legislation • Plot size 400-700 ha private rent • Slavonia 200 €/ha • National legislation • 20 fruit plantation • 30 – 50 years • Varazdin • Invest, pillar II, • Environment • Diary & cattle • Points • Sisak-Novaska 50% of • Energy & irrigation • 7000 ha land plots • National • Lika - Gospic investment • Company location • 700 mm yearly rain tenders • SRB land CRO • NATURA • Tax • Regional markets • Municipality • Private plots 2000 • Privatization • Export EU tender • State owned • ECO subven • IPR • Tax & subvention (leasing 1 – 2 • 35-50.000 €/ha 300 €/ha • Confiscation Laws • Land price years) coast line, Istria • Fuel subven • Tender & auction increasing • Buy-up fees and Dalmatia • Yearly • 1946-1958, 1995, 2015-2020 • Re-zoning costs compensation 2001 laws

www.relink.hr 12 !

An example of Hamp investment - Golden Valley Croatia 2014

Hamp Products Prof-Concept Producon Sale Partnes

Products Prof Concept Production Sale Partners • Medical • Nutrition • Farming • Hemp • Farming • Extracts • Fibers • Harvesting • Production • Tivoli • Oils • Paper • Processing • Extraction • Crown • Buildings • Cultivars • Production • Processing • Genetic • Food • Health • Storage • Packing • Robot • Cloth • Animal feed • Environment • Warehouse • Wine • Shoes • Pain release • Fuel • Distribution • Food • Cosmetics • Fibers • Sale • Hunting • Robes • Energy • Branding • ECO • Tourism

www.relink.hr 13 Agro Business Serbia - Vojvodina “Food Chamber SEE”

Serbia 30th EU Candidate since 1.3.2012 Agro Business Serbia Partnership Peace with NATO, trading agreement EU, RUS, TY, UAE, China, India

Vojvodina District Vojvodina, district with local government Novi Sad, 70% all investment in Serbia. Northern Serbia Large exporter of FOOD, excellent soil

Land Development Fertile category 1 quality land, prices from 6 - 11.000 EUR pr. Hectare, ownership Vojvodina issues, reclaim rights, concession, leasing

EU Funding 2014-2020 Serbia EU budget 2014-2020 1st January 2014. IPARD, state subvention, new IPARD & State subvenon privatisation law 13th August 2014

Operated since 2006, Danish Agro Neighbouring program, cooperative, Delta RELINK and partners Agra, MK Group, , EU , Agro Team including land inspector, mapper, lawyer, farmers in Vojvodina. www.relink.hr 14 Agro Business in Serbia - Vojvodina & Belgrade Regions

Vojvodina District, Northern Serbia, local Hungary government in Novi Sad, 70% all investments, best agriculture in SEE. 2 nd Croatia Vojvodina mio, 2 largest town Novi Sad, 350.000 North Central Serbia, capital Belgrade agricultural, industrial investment. 2+ Romania million, rapidly growing “Little New York”, Belgrade “Serbian Toscana” fruit, vegetable, wine Central Bosnia Eastern Serbia bordering Romania, Bulgaria “Serbian Provence”, poorest part Bor, Kraljevo Serbia, migration, mountain & rivers, East West mining gold, copper, aluminium Bulgaria Western Serbia, fruit, berries, wine, nuts, Nis Montenegro large frozen industry, mountains, rivers, Kosovo South flooding bordering Bosnia and Kosovo, “Serbian Toscana” UNESCO, Skiing Kopaonik

rd Macedonia, FYROM Southern Serbia, Nis 3 largest town, Albania 250.000 fruits, vegetables, peppers, melons, DubrovnikGreece sheep, Danish agro neighbouring program ! bordering Macedonia (FYROM) and Kosovo www.relink.hr 15 Agro Invest Serbia - benfit unique conditions 2014-2020

Feasibility Demografi 2014-2020 Farm Invest Next Step’s

Feasibility Demografi 2014-2020 Farm Invest Next Step’s • Network • 8 million SRB • EU, IPARD • Land • Consult • Personal • 2 million Kosovo • State subven • Pigs • Partnership Contacts • Candidate 2012 • 65% Export • Cattle • Inspect • Ownership • WW1 Princip1914 • Invest Tax • Poultry • EU • Legal • WW2, Partisans • SRB AP • Fruits • State • EU, IPARD II • Ex-Yugoslavia • SIEPA • Vegetables • Tax • Vojvodina • Serbia- • Large playes • Nuts • People • Tenders Montenegro • Medium • Wine • Invest • EU candidate • Serbia • Privatization • Small • Fertilizer • Kick-start • SIEPA • AP • MoA

www.relink.hr 16 Conditions Serbian Agro 2014...

Prices Land Subvenon & Projects 2015 Legal Issues Concession Prices Prices 2014

• Pik Becej • 100 € pr/ha • 7500-11000 €/ha • IPARD, 50/50 • Urban plans • 7 large farms, pigs, state leasing • 5.500-7.000 €/ha • Diesel 0,68€/l • Construction plans poultry, corn in • 150-250 €/ha • 3.500-5.500 €/ha • 6000 RSD/ • EU legislation Vojvodina, Northern private rent • Vojvodina 55 €/ha cash • National legislation Serbia • 30 years • Smedjevo • Total 14.000 • Environment • Plot size 700-2.100 • National • Topal RSD, 120 € • Energy & irrigation ha pr. Farm tenders, MoA • Nis - Leskovac Wheat 0,22€ • Company location • 24 farms privatization • Municipality • Private plots • Milk 0,30€* • Tax • 15.000 ha land plots, tender • State owned not included • Privatization 5 – 10 ha pr. Plot • Land Linked • Privatization subvention • IPR • 900 mm yearly rain to small • Re-zoning costs • V.A.T. 60 • Confiscation Laws • Regional markets animals 1 • Yield corn days • Tender & auction • Export EU, RUS, animal pr. 1 12-14.000 ton/ha • Privatization Law China, UAE, TY ha, land in • Wheat 7 – 9.000 13.8.2014 • Tax & subvention concession • Rapsede 5.000 • Kadastra, not 100% • Land price increasing animal fee • Soya 4.000 online 2015-2020 • IPARD/CBC www.relink.hr 17

RELINK SEE Management – Fundraising - Investment - Projects

Management Funding Investment Advisory Projects

Manage Funding Investment Advisory Projects • Board • EU Regional • Agro • PRINCE2 • Golden Valley • Development • EU Rural, Agro • Biotech • PMI • Istria • Fundraising • Venture • Food • LEAN • Hamp • Network • Equity • Wine • Six Sigma • Fruit & Vegetable • Advisory • Angels • Land • ECO • Pigs • Springboard • Public Privat • Tourism • Organic • Land Investment • Pitching • Crowd Fund • Training • Certification • CBC – Serbia • CSR • IPA, IPARD • People • IPR • CBC – Croatia • Environment • National funds • Real Estate • Tender • CBC – Slovenia • HACCP • Production • Investment • Farm Invest • CEN • Privatization • ISO

www.relink.hr 18 About Us

Operational Strategic

Advisory Agro- Agro Investment business Fond 500 mio DKK RELINK DK investment

EU Funding Privatisation State Funding RELINK Land Development SRB Private Equity Management

CBC Privatisation Cross Border RELINK Land Development CRO Cooperation Management

www.relink.hr 19 RELINK SEE contacts

RELINK SEE Vukovarska 296D 10000 Zagreb Croaa www.relink.hr Tlf. +45 2650 5668 Tlf. +385 919008721 E-mail: [email protected]

Kim Breng

General Manager Memberships • ConnectDenmark • Connect South East Europe • Nordic Chamber Commerce • American Chamber Commerce • Internaonal Rotary • Branch Office Belgrad, SRB • Branch Office Banja Luka, BiH • Branch Office Skopje, MK

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