Virovitica- Podravina County
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INVESTMENTS IN CROATIA Virovitica- Podravina County With us you can get what you negotiate! www.invest-croatia-vp-county.com 1 CROATIA Virovitica-Podravina county INVESTMENTS IN CROATIA With us you can get what you negotiate Virovitica-Podravina County 2 Basic indicators about Croatia Land area: 56,542 sq km Capital: Zagreb Population: 4.2 million Climate: Mediterranean and continental Political system: Parliamentary democracy Official language: Croatian Domestic currency: Kuna (HRK) Average exchange rate in 2011: 7,43 HRK/EUR; 5,34 HRK/USD GDP per capita (EUR): 10,427 (2011) Unemployment rate ILO: 17.4% (2011) Average gross salary (EUR): 1,021 (monthly) Profit tax: 20% VAT: 25% Personal income tax 12-40% Overview Virovitica-Podravina county Land area: 2,022 sq km Capital: Virovitica Administration: 3 towns and 13 municipalities Population: 84,586 Climate: Continental GDP per capita (EUR): 7,485 Unemployment rate: 27,9 % Average gross salary (EUR): 808 (monthly) www.invest-croatia-vp-county.com 3 Why Invest in Virovitica-Podravina County Your Ideal location for Business and Investment Advantageous geographic location Available experienced and educated labour force Competitive low wages Modern business infrastructure Low land prices in entrepreneurial zones 4 Skilled and Competitive Workforce Strong manufacturing sub-supply base Our workforce is experienced, highly motivated and with export orientation competitive. Majority of people in the county speaks Manufacturing industry with production of food, furniture at least one foreign language. We have a long tradition and tobacco products are the largest exporter in the of excellence particularly in the food, wood and metal County and most exports are carried out in European products. Union countries: Hungary, Italy, Greece and Germany. Almost 86% of exports are high quality final products. Great access to markets We are an excellent location from which to deliver Rich natural resources manufactured products to the EU and SEE markets. Availability of unpolluted agricultural land and extremely Croatia has duty free access to all European Union favourable natural conditions are of vital importance countries for virtually all products. This means that for the development of agriculture related industries. investors have access to a single market of more than 500 Therefore fertile soil and favorable climatic conditions million affluent consumers. In addition we offer potential ensure the opportunities for high crop yield as basis for investors access to a long tradition of doing business, the food processing industry. and established trade links, with the countries of South Eastern Europe (SEE). Business zones The County has a number of business zones with a total Incentives of 155 ha available and land costs starting from 0,15 Euro We offer a range of excellent incentives at national and per m2 in 7 entrepreneurial zones. county level. Tax benefits ‡ profit tax can be reduced up to 0% for 10 Quality of life years, Our county is rich in natural beauty and provides a wide Customs benefits, range of opportunities for leisure and cultural activities. It Support for the eligible costs of creating new jobs offers a safe and stimulating environment for family living associated with the investment, which compares favorably to any West European country. Support for eligible training costs associated with the There are excellent hotels and restaurants, museums, investment, theaters and galleries. A wide variety of accommodation, suitable for expatriates, and their families is available Incentive measures for the establishment and throughout the county. In addition, high quality child care development of technology and innovation centres and is available at reasonable cost. strategic business support services, Incentives for large investment projects - investment projects of significant economic interest www.invest-croatia-vp-county.com 5 Successstories M SAN Group In 2010 M San Group invested into an agricultural company “PP Orahovica” from Orahovica. Their business in the agricultural company “PP Orahovica” is based on investment in modernization and reconstruction of agricultural machines and the application of new technologies. Total investment in 2010 was 14,7 million EUR. They invested into agriculture, fishery, food processing industry (nuts, wines, flour). ”I found here experts for business, the land of extremely high quality, the real treasure for future work.” Mr. Dukarić from the M SAN Group 6 IKEA Beki Ltd. Ikea had brown field investments into TVIN Ltd. in the Investing in manufacturing facilities for production amount of 1 million EUR. TVIN and IKEA made three of leather footwear in the Entrepreneurial Zone III in investments in new production facilities (first in 1978, Virovitica. The economic complex will be spread on a plot second in 1996 and third in 2000). The fourth investment, of 10.208,00 m2 with more than 3.700,00 m2 of space a new furniture factory, is being prepared. TVIN from with administrative part on the first floor, accompanying Virovitica is the Croatian largest furniture manufacturer additional premises and plant in which there will be (furniture for offices, homes, hotels, schools; solid wood produced the most famous international brands of leather furniture, parquet, glued wooden elements, work chairs shoes among others Melluso (Italy) with a very attractive etc). This company employs 1300 people and distributes stylish women’s footwear. All production is intended for 95% of its production to foreign markets (England, export. Their plan is to have 150 employees in the near France, Germany, Ireland, Belgium and the Netherlands). future. Jan Spyder Spider group with its companies, members of the group, combine a unique concept of production „from field to the table“. Within this concept they grow healing and aromatic herbs as raw material for tee, on their own surfaces and in cooperation on the area of Slavonia and Podravina. In the modern facility for herbs processing, they process over a hundred of herb species with various technological approaches that cover purification of herbal raw material, fragmentation, screening, mixing, pasteurization and disinfection. In the plant for tee production they pack filter and classic tee, according to buyer’s specification. They conduct product quality control in the whole production chain according to guidelines of the Global GAP system in primary production, HACCP, ISO 22000:2005 and GMP system in processing and tee preparation. www.invest-croatia-vp-county.com 7 To strengthen regional competitiveness of Virovitica-Podravina County and the region, that Our is, as a team and in collaboration with County’s and region’s stakeholders, to plan, create and implement infrastructural, socially responsible project and to encourage attraction of foreign and domestic investors. services We are committed to provide you with the best possible service in order to create accessibility, open communication and fast response times We respond to your e-mails within 2 working days We guarantee that all information provided is reliable and up to date We are flexible with regard to client needs and requests We regard it as priority to be readily available to address your needs at all time We will treat all information with utmost confidentiality VIDRA - Virovitica-Podravina County’s development regional agency Address: A. Šenoe 1, 33000 Virovitica, Croatia Fax: +385 (0)33 722 060 E-mail: [email protected] www.ravidra.hr www.invest-croatia-vp-county.com Sanja Bošnjak, univ.spec.oec. +385 (0)33 722 043 [email protected] Sven Jesenković, dipl.oec. +385 (0)33 800 047 [email protected] Ministry of This project is funded Enterpreneruship and Crafts by the European Union.