The European Times - Croatia 2

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Š Croation National Tourist Board / Juraj Kopac

CROATIA


CROATIA 速

DE LA VILLE ROME There is no better place to begin your Eternal City experience than InterContinental De La Ville Rome. Designed by the noted Hungarian architect Joseph Vago and located at the top of the renowned Spanish Steps, InterContinental De La Ville Rome is the mark of elegance and sophistication amidst ancient charm.

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CROATIA

Croatia’s Fact File Government

Official name:

Republic of Croatia (or Croatia)

Location:

South-Eastern Europe, bordering the Adriatic Sea, between Bosnia and Herzegovina and Slovenia 56,594 sq km 55,974 sq km 620 sq km Bosnia and Herzegovina (932 km shared border), Hungary 329 km, Serbia 241 km, Montenegro 25 km, Slovenia 455 km 5,835 km (mainland 1,777 km, islands 4,058km) 12 nautical miles Zagreb June 1991 (from Yugoslavia); Independence Day October 8, 1991 Croatia controls most land routes from Western Europe to the Aegean Sea and the Turkish Straits; most Adriatic Sea islands lie off the coast of Croatia (some 1,200 islands, islets, ridges, and rocks) Mediterranean and continental; continental climate predominant with hot summers and cold winters; mild winters, dry summers along coast geographically diverse; flat plains along Hungarian border, low mountains and highlands near Adriatic coastline and islands

Total area: Land: Water: Borders: Coastline: Territorial sea: Capital: Independence: Trade routes:

Climate:

Terrain:

People Name: Population: Median age: Ethnic groups: Religions: Languages:

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Croat, Croatian 4,486,881 (July 2010 estimate), 67.5% between 15 and 64 years of age 41.2 years Croat 89.6%, Serb 4.5%, other 5.9% (including Bosniak, Hungarian, Slovene, Czech, and Roma) Roman Catholic 87.8%, Orthodox 4.4%, other Christian 0.4%, Muslim 1.3%, other 0.9%, none 5.2% Croatian (official) 96.1%, Serbian 1%, other

Type: Parliamentary democracy Constitution: Adopted December 1990; revised 2000, 2001 Chief of state: President Ivo Josipovic (since February 2010) Head of government: Prime Minister Jadranka Kosor (since July 2009) Cabinet: Council of Ministers Legislature: unicameral Assembly, or Sabor (153 seats; members elected from party lists by popular vote to serve four-year terms) Legal system: based on Austro-Hungarian law system with Communist law influences; has not accepted compulsory ICJ jurisdiction Administrative divisions: Zagreb and 20 counties (zupanije, zupanija): Bjelovarsko-Bilogorska, Brodsko-Posavska, Dubrovacko-Neretvanska (DubrovnikNeretva), Istarska (Istria), Karlovacka, Koprivnicko-Krizevacka, Krapinsko-Zagorska, Licko-Senjska (Lika-Senj), Medimurska, Osjecko-Baranjska, Pozesko-Slavonska (Pozega-Slavonia), Primorsko-Goranska, Sibensko-Kninska, Sisacko-Moslavacka, Splitsko-Dalmatinska (Split-Dalmatia), Varazdinska, Viroviticko-Podravska, VukovarskoSrijemska, Zadarska, Zagrebacka

© Croation National Tourist Board / Tomislav Šklopan

Economy Currency: GDP per capita: GDP by sector:

kuna €13,133 (2009 estimate) agriculture: 6.7% industry: 27.1% services: 66.1% Labour force: 1.769 million Employment by sector: agriculture: 5% industry: 31.3% services: 63.6% Natural resources: oil, some coal, bauxite, low grade iron ore, calcium, gypsum, natural asphalt, silica, mica, clays, salt, hydropower Land use: arable land: 25.82%; permanent crops 2.19%; other 71.99%


• Significant Long-Term Investment Appeal • Ministry Promoting Entrepreneurship and Investments • Privatisation Fund Creating Exceptional Investment Opportunities

Business & Investment Opportunities

“Croatia is doing everything it can to have an even more favourable environment for foreign investors.” Djuro Popijac, Minister of Economy, Labour and Entrepreneurship








• World Bank Continues to Support Croatia’s Economic Recovery • EBRD Positive about Croatia’s Long-Term Prospects • EIB Targeting Infrastructure, SMEs, and EU Accession

International Funding Institutions





• Zagreb: Modern European Business and Culture Capital • Zagreb Exchange Offers World-Class Investment Opportunities

City of Zagreb

“Zagreb will continue to invest in infrastructure, culture, education and other important factors that will help us on our way to the EU, and I welcome European travellers and investors to discover everything that our city has to offer.” Milan Bandic, Mayor of Zagreb






• Varazdin, Croatia’s Culture Capital • Impressive Track Record for Private Sector Success

City of Varazdin

“The city provides buildings, incentives, privileges and promotion for ICT investors in this park.” Ivan Cehok, Mayor of Varazdin






• Sound Financial Sector Fundamentals and Outstanding Investment Options • Strong Regulatory Environment for Financial Services Sector

Finance

““Many sectors offer excellent investment opportunities. We anticipate great interest in our tourism, agriculture and energy sectors in particular following Croatia’s entry into the EU.” Ivan Suker, Deputy Prime Minister and Minister of Finance





• Liberalised Trade Regime and EU Standards in Industry

Trade & Industry







• Ministry Managing Key EU Funded Water Projects

Utilities

“Croatia benefits from a number of natural advantages and strengths, such as a unique and relatively well-preserved natural environment, a high level of biodiversity, and ample stores of fresh water.” Croatia’s Environmental Operational Programme for the period 2007 to 2011






• Construction Sector Recovering from Crisis

Construction


CROATIA

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• Bringing Energy Sector Up To EU Standards

Energy





• Transport Initiatives Cornerstone of Development Strategies

Transport





• Global Reputation for High Quality Agricultural Products

Agriculture

“Croatia has a strong food industry with a long tradition, distinguished by the highest food quality and safety standards in the region, offering to consumers in Croatia and abroad an abundance of top quality agricultural and food products.” Petar Cobankovic, Ministry of Agriculture, Fisheries and Rural Development





• Croatia Ranked Among Top Four European Tourism Destinations • Ministry Committed to Bringing More Visitors to Croatia

Tourism







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