On November 28, 2024, amendments to the Investment Promotion Act (OG 136/24) came into effect. The relevant amendments are as follows: In addition to sectors previously excluded from the Act, the tourism sector, accommodation services, and food preparation and serving activities have also been excluded. For non-repayable financial grants for creating new jobs, the thresholds for the registered unemployment rate as a prerequisite for using the grant have been lowered, […]
Croatia’s long-term credit score was raised two levels by Moody’s Ratings, which cited prospects for strong economic growth and sustainable fiscal policies. Moody’s moved the sovereign rating to A3 from Baa2, with stable outlook. More
Today, the 20th of September 2024, the Fitch Ratings increased Croatia’s credit rating to level A-, with a stable outlook. Fitch expects in years 2024-2026 that Croatia’s real GDP to average at 3.1% compared with their 1.3% forecast for the eurozone and 2.6% for the ‘A’ median. More info
Today, September 13th, 2024, the Standard & Poor’s agency increased Croatia’s long-term rating from BBB+ with a positive outlook to A- with a positive outlook citing, among other reasons, the continued implementation of economic reforms. S&P also forecasted that Croatia’s economy will continue to outperform the economies of its European peers over 2024-2027, growing at an annual rate of 3%. More info
The purpose of this call is to contribute to the achievement of the national climate and energy goals defined by the Integrated National Energy and Climate Plan of the Republic of Croatia for the period 2021-2030: a) reduction in the consumption of supplied energy in relation to the reference supplied energy, b) reduction of greenhouse gas emissions from the ETS sector and sectors outside the ETS. The subject of the […]
On Friday, April 5, 2024, Fitch Ratings confirmed the positive outlook for a further increase in Croatia’s credit rating, which is at the highest investment level so far. In its report, the Fitch Agency recognized the importance of the membership of the Republic of Croatia in the euro area, as well as the achievements in terms of political, economic and financial stability, the reduction of the share of public debt […]
The Ministry of Regional Development and Funds of the European Union has announced the call “Strengthening strategic partnerships for innovation in the process of industrial transition” which will co-finance projects of the SPIN consortium (strategic partnership for innovation) which are implemented in priority niches and RLVs with the aim of developing innovative products and / or service. The total available grant funds per Call amount to 100,000,000.00 euros, and more […]
Invest in Zagorje is a newly launched interactive digital platform that provides a wealth of information and services tailored to the needs of both domestic and international investors. It provides a comprehensive overview of Zagorje’s business environment as well as investment opportunities across various sectors, from manufacturing and health industry to IT, tourism and agriculture. One of the key features of the Investinzagorje.hr platform is a GIS-based interactive map of […]
In the latest report from 10 November 2023, one of the world’s leading rating agencies Moody’s confirms Croatia’s credit rating of Baa2 and changes the outlook from stable to positive. This is the highest level of rating and rating outlook for Croatia by Moody’s so far. The factors that most contributed to Moody’s good rating are the reduction of the share of public debt in GDP, as well as exceptionally […]
After the S&P agency maintained Croatia’s rating at BBB+ in mid-September this year and revised the outlook for Croatia’s long-term rating from stable to positive, the Fitch agency did the same on Friday. Croatia’s credit rating has been maintained at the highest investment level of BBB+, while the outlook has been revised from stable to positive. Two global credit rating agencies within a few weeks maintained the highest investment level […]
