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Business in Croatia Zagreb. Croatian economy, foreign trade

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Master International Business


 

Learning unit: Doing business in Croatia. Syllabus:

- Introduction to the Republic of Croatia.
- Croatian economy. Foreign Trade of Croatia.
- Doing business in Zagreb.
- Case study: Agrokor Group. Duro Dakovic Holding d.d.

M Course learning materials: En

M Educational level: Continuing education / Executive education programs.

M Related Foreign Trade Courses and mastersDoing Business in CEFTA Countries - Master International Business. Spanish: Comercio Exterior Croacia

Institutions, Agreements and FTA's of Croatia:

Central European Free Trade Agreement (CEFTA)

Central European Initiative (CEI)

EU - Western Balkans

FTA with EFTA

Euro-Mediterranean Partnership (EUROMED)

Inter-American Development Bank (IDB)

Economic Commission for Europe (UNECE)

European Investment Bank (EIB)

Regional Cooperation Council (RCC)

Course summary (Doing business in Croatia)

The main economic activities in Croatia are agriculture, food processing, textiles, wood processing industry, metal industry, chemical industry, petroleum industry, electrical, construction, trade, shipbuilding, marine engineering and tourism. Croatia is included in the group of countries with small and open economies, which are largely connected to other foreign markets.  The GDP per capita in 2009 of Croatia amounted to USD 15.632 (Central Bureau of Statistics).

Since joining the WTO, particularly since the status of candidate for EU membership, Croatia has taken many concrete steps such as changes and improvements to existing laws and amendments to the existing procedures to align them with EU laws and regulations and to facilitate economic activity. The country is a candidate for membership in the European Union, which it is expected to join in 2013.

Croatia is a member of the United Nations, the Council of Europe, the World Trade Organization, the Central European Free Trade Agreement and the NATO. Union for the Mediterranean.

In terms of primary goals of economic policy of the Republic of Croatia, a special position is given to foreign investments which are very important for the future development of the country and further restructuring and modernization of the economy.

Example of the course (Doing business in Croatia):
Doing business in Croatia

Croatian customs has its Head Office in Zagreb, where internal control of legality is conducted as well as use and distribution of financial and other assets. Head Office controls 17 customs offices. Customs offices are located in major economic and traffic centers.

Republic of Croatia is currently applying four free trade agreements that include 39 trade partners: 27 EU Member States, 4 EFTA states, 7 CEFTA Parties and Turkey. 2010 data shows that approximately 75% of Croatian trade is conducted with countries with whom they have concluded Free Trade Agreements.

The Republic of Croatia is the beneficiary of GSP scheme, and therefore today benefits reductions under the GSP scheme of the following countries: Canada, Japan, Australia, New Zeland, the Russian Federation and Belarus.

Zagreb is important international trade and business center, and transports crossroad of Central and East Europe.

- Population: 788,850 - 18% of Croatia’s total population
- Attracts over 75% of total FDI in Croatia
- Average net salary above the national average, October 2010 (Zagreb: € 850; Croatia € 725)
- 424,263 employed persons (March 31st, 2009.), or 28% of total employment in Croatia
- In Zagreb at January 2010th there were approximately 41,384 unemployed persons
- Accounts for roughly 38% of Croatia’s total exports (US$ 4 billion)
- Approximately 30,000 companies, or 33% of Croatia’s total, operate in the City of Zagreb

The Agrokor Group is the largest private company in Croatia and one of the leading regional companies employing more than 33,000 people. The Agrokor Group's core businesses are the production and distribution of food and drinks.

Croatian borders: Slovenia, Hungary, Serbia, Bosnia and Herzegovina and Montenegro. The most common religion is Roman Catholic (87.83%).

Izvoza Uvoz Vanjsku trgovinu


UN (c) EENI- The Global Business School (1995-2011)
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