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Doing Business with Croatia

Doing Business with Croatia. Antonio Garcia Economic and Commercial Attaché Zagreb December, 2011. Where is Croatia?. E conomi c situati on in Croatia. Population 4,418 million people GDP 10 349 € per capita (2010) Import per capita, 2010 - 3 418 €

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Doing Business with Croatia

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  1. Doing Business with Croatia Antonio Garcia Economic and Commercial Attaché Zagreb December, 2011

  2. Where is Croatia?

  3. Economic situation inCroatia • Population 4,418 million people • GDP 10 349 € per capita (2010) • Import per capita, 2010 - 3 418 € • Export per capita, 2010 - 2 011 € • Number of households 1 477 377 • Growth rates (%) - 2009: -6,0 % - 2010: -1,2 % • Average: - net wage HRK 5 514 / month ( ~ € 745) - gross wage HRK 7 910 / month ( ~ € 1061)

  4. Economic situation inCroatia • GDP growth: • 2006 +4,9% • 2007 +5,1% • 2008 +2,2% • 2009 -6,0%- CRISIS ! • 2010 -1,2% • Unemployment • 2010 14,9 % • September 2011 16,8 %

  5. Economic situation inCroatia • Inflation • 2011 2,6% • Gross external debt, mln EUR, 2008 - 39 950,21 2009 - 44 606,51 2010 - 45 768,5 For more information please visit Croatian Bureau for Statistics www.dzs.hr

  6. Do’s and Don’ts • Do never take or mention Croatia as an “ex-Communist block” country. • Be also careful with the denomination “Balkan country” or “ex-Yugoslav republic” • How to treat/talk/negotiate with the Croats • Settlement : a good lawyer is the key.

  7. Business routine • Languages • Working hours • Business meals • Topics

  8. What can our office do for you ? • Help in establishing personal contacts (especially important in starting business). • Overbridge initial language problems (telephone contacts, etc.) • Prepare and schedule individual meeting programs. • Select the right purchasers to be invited to Flanders (if you decide to do so). • Co-organize your participation in Fairs. • Collect custom-made information. • Market Studies on Croatia – free of charge at FIT.

  9. Contact details • Embassy of Belgium-Commercial Section • Pantovcak 125 B1 • 10000 Zagreb • Croatia • Phone: +385 1 4577 444 • Fax: +385 1 4577 445 • E-mail: office@beltrade-croatia.com • www.beltrade-croatia.com

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