doing business with croatia antonio garcia economic and commercial attaché zagreb december, 2011

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

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

Doing Business with Croatia

Antonio Garcia Economic and Commercial Attaché

Zagreb

December, 2011

Page 2: Doing Business with Croatia Antonio Garcia Economic and Commercial Attaché Zagreb December, 2011

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Where is Croatia?

Page 3: Doing Business with Croatia Antonio Garcia Economic and Commercial Attaché Zagreb December, 2011

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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)

Page 4: Doing Business with Croatia Antonio Garcia Economic and Commercial Attaché Zagreb December, 2011

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Economic situation in Croatia

• 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 %

Page 5: Doing Business with Croatia Antonio Garcia Economic and Commercial Attaché Zagreb December, 2011

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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Page 6: Doing Business with Croatia Antonio Garcia Economic and Commercial Attaché Zagreb December, 2011

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.

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Page 7: Doing Business with Croatia Antonio Garcia Economic and Commercial Attaché Zagreb December, 2011

Business routine

• Languages

• Working hours

• Business meals

• Topics

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Page 8: Doing Business with Croatia Antonio Garcia Economic and Commercial Attaché Zagreb December, 2011

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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Page 9: Doing Business with Croatia Antonio Garcia Economic and Commercial Attaché Zagreb December, 2011

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