Transcript Croatia - AmSECC

TRADE AND INVESTMENT PROMOTION AGENCY
Zagreb, March 2010
BASIC INFORMATION
Population:
4,441,460
Area:
56,542 km2
Coastlength:
1,777 km
Islands:
1,185
Capital:
Zagreb
Language:
Croatian
Script:
Latin
Currency:
Kuna (HRK)
Political system:
Parliamentary Democracy
Climate:
Mediterranean, Continental
CROATIA \ BASIC INFORMATION
ECONOMY
2006
2007
2008
7,706
8,452
10.681
GDP growth (%)
4.8
5.6
2.9
Inflation rate (average, %)
3.2
2.9
6,1
Unemployment rate (%, ILO)
11.2
9.5
13,4
Export (EUR bln)
8.3
9.0
10.6
Import (EUR bln)
17.1
18.8
20,8
FDI (EUR bln)
2.7
3.6
2,9
GDP per capita (EUR)
CROATIA \ ECONOMY
INTEGRATION PROCESSES
On the way to EU …
• process of harmonization with EU legislative
• end of negotiations with EU expected by end of
2010
• expected accession: 2012
• Croatia has become a member of NATO
in April 2009
• Croatia was a non-permanent member
of UN Security Council 2008/2009
CROATIA \ ECONOMY AND INTEGRATION PROCESSES
FOREIGN DIRECT INVESTMENT
Foreign direct investment 1993. – Q3 2009. 23,6 billion EUR
4.190,2
3.670,2
2.764,8
1.762,4
1.362,9
1.467,5
1.140,6
1.137,9
949,6
849,7
101,0
92,8
79,1
1993
1994
1995
382,1
480,2
1996
1997
1998
1999
2000
CROATIA \ FOREIGN DIRECT INVESTMENT
2001
1.699,2
1.467,9
2002
2003
2004
2005
2006
2007
2008 1. , 2. i 3.
tr. 2009*
FOREIGN DIRECT INVESTMENT
TOP 5 INVESTOR COUNTIRES (1993 – Q3 2009, EUR)
1. AUSTRIA
6.29 bln
2. NETHERLANDS
4.12 bln
3. GERMANY
2.70 bln
4. HUNGARY
2.12 bln
5. FRANCE
1.36 bln
CROATIA \ FOREIGN DIRECT INVESTMENT
FOREIGN DIRECT INVESTMENT
FDI
FDI
PER CAPITA
1993 – 2008
(EUR), 2008
1.018,7
934,0
810,0
712,1
619,0
Estonia
Estonia
Croatia
Czech R.
Bulgaria
Hungary
Czech R.
Croatia
Slovenia
Slovak R.
4.490
4.428
444,3
Slovak R.
Bulgaria
438,4
Hungary
Slovenia
413,5
Romania
Latvia
405,7
Latvia
370,6
290,2
PER CAPITA (EUR),
8.695
6.834
5.595
5.315
3.751
3.474
Poland
2.949
Lithuania
Lithuania
2.906
Poland
Romania
CROATIA \ FOREIGN DIRECT INVESTMENT
2.133
WHY INVEST IN CROATIA?
EXPORT JUMPSTATION!
access to EU market of
500 milion people
trade aggrement
signed with EU since
february 1st 2005
CROATIA \ WHY INVEST IN CROATIA?
INFRASTRUCTURE
Railway network is
constantly being improved
with major project on the
way Rijeka-Botovo
(Hungary)
Croatia has one of the densest
highway network per total
surface in SEE (km/km2)
Three major PAN-EUROPEAN
corridors pass through Croatia
CROATIA \ WHY INVEST IN CROATIA?
Developed Natural Gas
pipeline puts Croatia at the
top among EU countries
100% digitalized telecom
network and high penetration
rate of broadband Internet
places Croatia among countries
with most modern ICT
infrastructure
LNG TERMINAL - OMIŠALJ
LNG TERMINAL - OMIŠALJ





Environmental impact study
Project documentation
Tender 2009
15 billion cubic meters
End: 2014
Investment size: 1 bln.Eur
(including Pipeline 150-200 mil.
EUR)
INVESTMENT OPPORTUNITIES
• over 300 business zones ready for investment
• Strategic Business support services
• Distribution & Logistics
• ICT, R&D and BIOtechnology
• Manufacturing – Car Industry
• Tourism
CROATIA \ INVESTMENT OPPORTUNITIES
BUSINESS OPPORTUNITIES
CROATIA offers business cooperation, especially in the
following areas:
final products in manufacturing industry:
wood industry – furniture and parquetry made of Croatian oak and beech trees
marine and shipbuilding industry
automotive and transport industry – automobile parts such as electronic and nonelectronic parts, tires etc
medicine equipment and pharmaceutical products
food and beverages
construction and development
energy sector – investment in renewable energy sources and power
equipment like electro motors and transformers
transfer of technology and know-how
logistics and distribution – seaports
tourism
CROATIA \ BUSINESS OPPORTUNITIES
INVESTMENT IN TOURISM
1. Investment in State owned shares

Sale of state owned shares in 17 tourist companies – Croatian Privatization Fund
2. Investment in State owned real estate
 Projects of reconstruction of military bases into hotel resorts – Club Adriatic
 Reconstruction of military ports into marinas
 Project Brijuni Riviera, Istria
 Project Park Prevlaka, Dubrovnik region
3. Investment in real estate owned by municipalities
 Project Posedarje
 Pašman Riviera Project – Island of Pašman
 Other projects
4. Investment in development of golf courses
 50 potential locations for golf course development on privately and State-owned land
CROATIA \ INVESTMENTS IN TOURISM
POTENTIAL INVESTMENT
IN TOURISM
HOTEL MEDENA
in TROGIR
•Investment Project by
Croatian Privatization
Fund
•Capacity: Main
buildings A and B (611
rooms, 8 suites;1266
beds total), pavilion C
(60 rooms), pavilion D
(40 rooms)
•Estimated value: € 37
mln
PODGORA HOTELS d.d.
in MAKARSKA RIVIERA
Investment Project by
Croatian Privatization Fund
 Capacity: 9 suites, 546
rooms; totaling 1062 beds
HOTEL HRVATSKA
in Baška Voda, MAKARSKA
RIVIERA


Estimated property
value: € 41 mln
• Investment Project by Club
Adriatic d.o.o.
• Capacity: 128 double rooms
and 8 appartements
POTENTIAL INVESTMENT
IN TOURISM
HTP KORČULA d.d.
in Island of Korčula
•Investment Project by
Croatian Privatization Fund
•Capacity: 5 hotels with
total of 1 751 beds
•Estimated property value:
€ 40 mln
MODRA ŠPILJA d.d.
in Island of Vis
• Investment Project by
Croatian Privatization
Fund
• Capacity: 131 rooms
• Estimated property value:
€ 9 mln
Holiday Resort “Perla“ and
“Orebić“ Hotel
in Pelješac Peninsula
•Investment Project by Club
Adriatic d.o.o.
•Capacity: 5 appartements,
281 double rooms
POTENTIAL INVESTMENT
IN TOURISM
Camp Uvala Slana
in Selce
•
• Investment Project by Club
Adriatic d.o.o.
•
• Capacity: 230 camp sites
•
•
•
ŽIVOGOŠĆE HOTELS d.d.
in Makarska Riviera
Investment Project by Croatian Privatization
Fund
Capacity: Hotel Nimfa (155 rooms); Buildings
Licinijan, Pelagija, Suzina and Pokrivenica (136
rooms);
Hotel Punta (132 rooms, 14 bungalows with 39
apartments);
Auto-camp Dole 50 camping spots)
Estimated property value: € 34 mln
CROATIAN AUTOMOTIVE
INDUSTRY
“We expect a recovery in our industry.
Inside the 300 km circle around Zagreb
there will be a production of one million cars
per year until 2012. For this reason we are
making contacts and establishing
cooperation with companies in a country
that is exactly in the middle of that huge
anticipated production.”
Mr. Hubert Hödl,
Vice President Marketing & Business
Development, Magna International Inc.
CROATIAN AUTOMOTIVE
INDUSTRY
Production of Motor Vehicles, Trailers and Automotive Parts
Total Income
300
250
Total income of the Croatian
automotive industry has shown
double digit growth rates
200
150
100
2002
2003
Total income in EUR (millions)
% change
2004
2005
2006
2007
2002
2003
2004
2005
2006
2007
143.8
171.5
186.0
201.0
227.0
260.0
67%
19%
9%
8%
13%
15%
CROATIAN AUTOMOTIVE
INDUSTRY
AUTOMOTIVE INDUSTRY STRUCTURE
Motor wehicle manuf acture
Bodies, trailers and semi trailers
Motor wehicle parts and
equipment manuf acture
CN Code
2004
2005
2006
2007
2008
164
593
1474
882
4168
Bodies for the motor vehicles
19,672
47,333
7,935
132,929
245,921
Parts and accessories of the Motor vehicle
(thousands)
91,122
115,397
111,411
154,328
178,441
Total (thousands)
91,142
115,445
111,421
154,462
178,691
Indices
139,3
126,7
96,5
138,6
115,7
Chassis fitted with engines, for motor
vehicles
CROATIAN AUTOMOTIVE
INDUSTRY
COMPANIES IN AUTOMOTIVE INDUSTRY IN CROATIA
Number of companies in automotive industry
Number of employees
2004
2005
2006
2007
60
67
69
74
3,041
3,135
3,155
3,565
Founded in 2006 with headquarters in Zagreb
Cluster members – producing, engineering & developing
companies in the automotive sector
Total Employment: 2.000+ Employees
Total Turnover 2007: 105 Mio. EUR
Exports – 90% to the Western European countries/regions
CROATIAN AUTOMOTIVE
INDUSTRY
CONCEPTS AND INNOVATIVE PRODUCTS
• Croatian company DOK-ING project
• Complete design and development of an Electric engine
• Electromotor produced by TEMA, a croatian company
• Test drive held in March 2010
ENERGY DEVELOPMENT
STRATEGY
3 FUNDAMENTAL ENERGY GOALS
SECURITY OF THE ENERGY SUPPLY
ENERGY SYSTEM COMPETITIVENESS
SUSTAINABLE ENERGY DEVELOPMENT
ENERGY DEVELOPMENT
STRATEGY
DIRECTIVE EU 2001/77/WC
MANDATORY SHARE OF RES IN TOTAL EN. CONSUMPTION
EMISSION REDUCTION – KYOTO PROTOCOL
ENVIRONMENTAL PROTECTION
REDUCTION OF IMPORT DEPENDENCY
EMPLOYMENT AND DEVELOPMENT OPPORTUNITIES
ENERGY DEVELOPMENT
STRATEGY
CO2 emissions pcc
OBLIGATIONS by 2020:
greenhouse gas emissions cut by
20%
20% of total energy consuption
from renewable sourcess
increase energy efficiency by
20%
10% of biofuels in petrol and
diesel fuel in total transportation
cunsumption
35% of electrical energy
production from ROI
(including large hydro power
plant)
ENERGY DEVELOPMENT
STRATEGY
Goals by 2020 – 1,545 MW from Renewable Energy Sources
1200 MW FROM WIND MILLS
140 MW FROM BIOMASS ENERGY PLANTS
100 MW FROM SMALL HYDRO-POWER PLANTS
45 MW FROM SOLAR POWER PLANTS
20 MW FROM GEOTHERMAL POWER PLANTS
40 MW FROM THERMAL ENERGY PLANTS USIING COMMUNAL
WASTE
REALIZED PROJECTS
wind
hydro
solar
biomass
ti o
n
s
ra
ge
ne
co
bio
ma
s
r
so
la
dro
cogeneration
hy
164 wind farm
63 small-scale hydropower
plant
29 solar power plant
10 biomass
8 cogeneration
160
140
120
NUMBER OF 100
80
REQUEST 60
40
20
0
wi
nd
By March 1st 2009 a total of
287 requests have been
received :
ENERGY TYPE
REALIZED PROJECTS
Wind Park Krtolin 11.95 MW
WPD Germany
OPPORTUNITIES
INSOLATION MAP
Photovoltaic Solar System
Performance Calculator
http://oie.pondi.hr/
2 600 hours of sunshine per year on the Croatian coast provide ideal conditions
GEOTHERMAL FIELDS
The biggest geothermal fields in the Republic of Croatia
OPPORTUNITIES
The Energy Act
5 sub-Acts - since July 1st 2007
Define:
 Right to incentives (feed-in tariff)
 Compulsory purchase of electrical energy from RES
 The operator (HROTE) has an obligation to connect
the client to the network
 Process of acquiring the status of the eligible
producer
INVESTMENT INCENTIVES
Special support for:
Manufacturing activities
Technology and R&D Centres
Strategic and Business Support Services
ABOUT TIPA
(Trade and Investment
Promotion Agency)
Established by Croatian Government
Project managers at your disposal 24/7
One-Stop shop for investors
Our professional service is free of charge
Propose measures to enhance the
business environment
CROATIA \ APIU
TIPA
SERVICES
LABOUR MARKET MONITOR
A unique place of information about the workforce in Republic
of Croatia that provides an insight into the labour legislative
through a simple and structured interface and allows investors
to make estimations of workforce availability and cost.
BUSINESS ZONES DATABASE
Database of more than 200 business zones accross the
country, consisting of all data for investors such as
available land, cost, legislative, incentives, infrastructure,
geographical position, operational cost, etc.
INCENTIVE CALCULATOR
Incentive calculator was developed by APIU to provide an
additional service for potential investors. Through online
calculator investors can instantly calculate the amount of
incentives granted on the basis of Investment incentive act.
OURSERVICES
SERVICES
TIPA
TIPA PROVIDES!
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•
•
information about economic and legal investment environment
guidance through free zones and industrial parks
database of available land and property
organized site visits tailored to meet investors’ needs
TIPA ASSISTS!
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prior, during and after realization of investment projects
in getting promptly all needed administrative licences
with gaining access to state and local incentives
in creating added value for projects
TIPA NETWORKS!
•
•
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government bodies
local and regional institutions
TAX, financial, and legal advisors
utility companies
CROATIA \ APIU SERVICES
THANK YOU!
Contact
Consulate General of Croatia in Chicago
at 1 312 482 9902 or
Trade and Investment
Promotion Agency @
www.apiu.hr
Phone:
+385 (0)1 4866 000
+385 (0)1 4866 001
Fax:
+385 (0)1 4866 009
Address:
A. Hebranga 34/10000 Zagreb
Croatia