Transcript Doing Business in Croatia

Doing Business with Croatia
Antonio Garcia
Economic and Commercial Attaché
Zagreb
December, 2011
Where is Croatia?
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Economic situation in Croatia
• 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)
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Economic situation in Croatia
• GDP growth:
• 2006
• 2007
• 2008
• 2009
• 2010
+4,9%
+5,1%
+2,2%
-6,0%- CRISIS !
-1,2%
• Unemployment
• 2010
14,9 %
• September 2011 16,8 %
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Economic situation in Croatia
• 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
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Do’s and Don’ts
• Do never take or mention Croatia as an “exCommunist 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.
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Business routine
• Languages
• Working hours
• Business meals
• Topics
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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.
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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: [email protected]
www.beltrade-croatia.com