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<!--BeginDoc 62506134--> <PRE> <table class="text" bordercolor="#000066" cellspacing="1" cellpadding="2" width="95%" align="left" bgcolor="#ffffff" border="1"><tbody><tr><td valign="top" width="709" colspan="8"><p align="center"><span class="htmla_titolo"></span></p><p align="center"><span class="htmla_titolo"><font color="#003366"><img hspace="5" src="http://www.informest.it/images/loghi/informest/logo_informest_215x38.gif" align="baseline" vspace="5" border="0" /></font></span></p><p align="center"><span class="htmla_titolo"><font color="#003366">REPUBLIC OF CROATIA<br /></font></span></p></td></tr><tr height="3"><td valign="top" width="173" rowspan="7"><p><font color="#003366"><b>GENERAL DATA</b> </font></p></td><td valign="top" width="217" colspan="3" height="3"><p><font color="#003366">Form of Government:</font></p></td><td valign="top" width="318" colspan="4" height="3"><p><font color="#003366">Semipresidential regime</font></p></td></tr><tr height="2"><td valign="top" width="217" colspan="3" height="2"><p><font color="#003366">Capital:</font></p></td><td valign="top" width="318" colspan="4" height="2"><p><font color="#003366">Zagreb, 779.000 pop.</font></p></td></tr><tr height="2"><td valign="top" width="217" colspan="3" height="2"><p><font color="#003366">Area:</font></p></td><td valign="top" width="318" colspan="4" height="2"><p><font color="#003366">56,542 sq km </font></p></td></tr><tr height="2"><td valign="top" width="217" colspan="3" height="2"><p><font color="#003366">Population:</font></p></td><td valign="top" width="318" colspan="4" height="2"><p><font color="#003366">4,495,904 (July 2005 est.) </font></p></td></tr><tr height="2"><td valign="top" width="217" colspan="3" height="2"><p><font color="#003366">Population growth rate:</font></p></td><td valign="top" width="318" colspan="4" height="2"><p><font color="#003366">-0.02% (2005 est.)</font></p></td></tr><tr height="2"><td valign="top" width="217" colspan="3" height="2"><p><font color="#003366">Life expectancy at birth:</font></p></td><td valign="top" width="318" colspan="4" height="2"><p><font color="#003366">Male: 70.79 years, female: 78.31 years (2005 est.) </font></p></td></tr><tr height="2"><td valign="top" width="217" colspan="3" height="2"><p><font color="#003366">Currency:</font></p></td><td valign="top" width="318" colspan="4" height="2"><p><font color="#003366">Kuna (1 EUR = 7,300635 HRK; 1 USD = 6,126750 HRK) - 2005</font></p></td></tr><tr height="2"><td valign="top" width="173" rowspan="9"><p><font color="#003366"><b>MAIN ECONOMIC INDICATORS</b> </font></p></td><td valign="top" width="151" colspan="2" height="2"><p><font color="#003366"></font></p></td><td valign="top" width="66" height="2"><p align="center"><font color="#003366"><b>2001</b> </font></p></td><td valign="top" width="76" height="2"><p align="center"><font color="#003366"><b>2002</b> </font></p></td><td valign="top" width="76" height="2"><p align="center"><font color="#003366"><b>2003</b> </font></p></td><td valign="top" width="76" height="2"><p align="center"><font color="#003366"><b>2004</b> </font></p></td><td valign="top" width="92" height="2"><p align="center"><font color="#003366"><b>2005</b> </font></p></td></tr><tr height="2"><td valign="top" width="151" colspan="2" height="2"><p><font color="#003366">GDP (mil HRK)</font></p></td><td valign="top" width="66" height="2"><p align="right"><font color="#003366">165,639</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">179,390</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">193,067</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">207,082</font></p></td><td valign="top" width="92" height="2"><p align="right"><font color="#003366">220,759*</font></p></td></tr><tr height="2"><td valign="top" width="151" colspan="2" height="2"><p><font color="#003366">GDP per capita(in EUR)</font></p></td><td valign="top" width="66" height="2"><p align="right"><font color="#003366">4.998</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">5.451</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">5.747</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">6.220</font></p></td><td valign="top" width="92" height="2"><p align="right"><font color="#003366">n.a.</font></p></td></tr><tr height="2"><td valign="top" width="151" colspan="2" height="2"><p><font color="#003366">Inflation rate (%)</font></p></td><td valign="top" width="66" height="2"><p align="right"><font color="#003366">3,8</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">1,7</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">1,8</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">2,1</font></p></td><td valign="top" width="92" height="2"><p align="right"><font color="#003366">2,9*</font></p></td></tr><tr height="2"><td valign="top" width="151" colspan="2" height="2"><p><font color="#003366">Unemployment rate(%)</font></p></td><td valign="top" width="66" height="2"><p align="right"><font color="#003366">15,8</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">14,8</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">14,3</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">13,8</font></p></td><td valign="top" width="92" height="2"><p align="right"><font color="#003366">18,0**</font></p></td></tr><tr height="2"><td valign="top" width="151" colspan="2" height="2"><p><font color="#003366">Trade balance (th USD)</font></p></td><td valign="top" width="66" height="2"><p align="right"><font color="#003366">- 4,481,22</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">- 5,818,461</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">- 8,022,405</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">- 8,561,000<sup>1</sup> </font></p></td><td valign="top" width="92" height="2"><p align="right"><font color="#003366">- 872,600<sup>2</sup> </font></p></td></tr><tr height="2"><td valign="top" width="151" colspan="2" height="2"><p><font color="#003366">Total imports (th USD)</font></p></td><td valign="top" width="66" height="2"><p align="right"><font color="#003366">9,147,130</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">10,722,045</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">14,209,035</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">16,583,000<sup>1</sup> </font></p></td><td valign="top" width="92" height="2"><p align="right"><font color="#003366">1,696,100<sup>2</sup> </font></p></td></tr><tr height="2"><td valign="top" width="151" colspan="2" height="2"><p><font color="#003366">Total exports (th USD)</font></p></td><td valign="top" width="66" height="2"><p align="right"><font color="#003366">4,665,908</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">4,903,584</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">6,186,630</font></p></td><td valign="top" width="76" height="2"><p align="right"><font color="#003366">8,022,000<sup>1</sup> </font></p></td><td valign="top" width="92" height="2"><p align="right"><font color="#003366">823,500<sup>2</sup> </font></p></td></tr><tr height="2"><td valign="top" width="536" colspan="7" height="2"><p><font color="#003366">*Forecasts; ** May 2005; <sup>1</sup>Provisional Data; <sup>2</sup> April 2005 </font></p></td></tr><tr height="5"><td valign="top" width="173" rowspan="2"><p><font color="#003366"><b>COUNTRY RISK</b> </font></p></td><td valign="top" width="104" height="5"><p><font color="#003366">Sace (cat OCSE)</font></p></td><td valign="top" width="47" height="5"><p><font color="#003366">Coface</font></p></td><td valign="top" width="142" colspan="2" height="5"><p><font color="#003366">Freedom House</font></p></td><td valign="top" width="76" height="5"><p><font color="#003366">Moody's</font></p></td><td valign="top" width="76" height="5"><p><font color="#003366">Standard & Poor's</font></p></td><td valign="top" width="92" height="5"><p><font color="#003366">Fitch's</font></p></td></tr><tr height="5"><td valign="top" width="104" height="5"><p align="center"><font color="#003366">4</font></p></td><td valign="top" width="47" height="5"><p align="center"><font color="#003366">A4</font></p></td><td valign="top" width="142" colspan="2" height="5"><p><font color="#003366">Civil liberties: 3,44<br /></font><font color="#003366">Political rights: 4,62</font></p></td><td valign="top" width="76" height="5"><p><font color="#003366">Baa3/stable</font></p></td><td valign="top" width="76" height="5"><p><font color="#003366">BBB/stable</font></p></td><td valign="top" width="92" height="5"><p><font color="#003366">BBB-/positive</font></p></td></tr><tr><td valign="top" width="173"><p><font color="#003366"><b>MAJOR PRODUCTION SECTORS</b> </font></p></td><td valign="top" width="536" colspan="7"><p><font color="#003366">Food industry, textiles, clothes, transports, electric machinery.</font></p></td></tr><tr><td valign="top" width="173"><p><font color="#003366"><b>INVESTMENTS</b> </font></p></td><td valign="top" width="536" colspan="7"><p><font color="#003366">At the end of 2004, Italian investments represented 5,94% of the total foreign investments in Croatia. Italy was at the fifth place among the investor countries. The principal Italian companies performing on the Croatian territory are: Unicredito Italiano, Gruppo Intesa BCI, Benetton, Calzedonia, Coop, Agip, Edison.</font></p></td></tr><tr height="15"><td valign="top" width="173" rowspan="5"><p><font color="#003366"><b>COMPANY REGIME</b> </font></p></td><td valign="top" width="536" colspan="7" height="15"><p><font color="#003366">The most favourable company legal forms in which invest are: </font></p></td></tr><tr height="15"><td valign="top" width="217" colspan="3" rowspan="2"><p><font color="#003366">Joint-stock company</font></p></td><td valign="top" width="318" colspan="4" height="15"><p><font color="#003366">Minimum capital: 200.000,oo kn.</font></p></td></tr><tr height="15"><td valign="top" width="318" colspan="4" height="15"><p><font color="#003366">Minimum number of members: 1</font></p></td></tr><tr height="15"><td valign="top" width="217" colspan="3" rowspan="2"><p><font color="#003366">Limited liability company</font></p></td><td valign="top" width="318" colspan="4" height="15"><p><font color="#003366">Minimum Capital: 20.000,oo kn.</font></p></td></tr><tr height="15"><td valign="top" width="318" colspan="4" height="15"><p><font color="#003366">Minimum number of members: 1</font></p></td></tr><tr height="15"><td valign="top" width="173" rowspan="3"><p><font color="#003366"><b>TAX REGIME</b> </font></p></td><td valign="top" width="217" colspan="3" height="15"><p><font color="#003366">VAT: </font></p></td><td valign="top" width="318" colspan="4" height="15"><p><font color="#003366">22%</font></p></td></tr><tr height="15"><td valign="top" width="217" colspan="3" height="15"><p><font color="#003366">Corporate income tax:</font></p></td><td valign="top" width="318" colspan="4" height="15"><p><font color="#003366">20%</font></p></td></tr><tr height="15"><td valign="top" width="217" colspan="3" height="15"><p><font color="#003366">Personal income tax:</font></p></td><td valign="top" width="318" colspan="4" height="15"><p><font color="#003366">15-45%</font></p></td></tr><tr><td valign="top" width="173"><p><font color="#003366"><b>WORKING REGIME</b> </font></p></td><td valign="top" width="536" colspan="7"><p><font color="#003366">The gross monthly minimum salary standard is established by the Government. Since 01.01.2005, it amounts to 2.080,75 HRK for not skilled workers. In 2004, the gross average monthly earnings amounted to 5.985 kn.</font></p></td></tr><tr><td valign="top" width="709" colspan="8"><p align="justify"><a class="a_cadses" href="http://www.informest.it/" target="_blank"><font color="#ff9900"><strong><u>INFORMEST</u></strong></font></a>, <font color="#003366">in the framework of its institutional activity, produces the "Business Guide", an informative tool containing economic, commercial and juridical information of Eastern European and Central Asiatic Countries.</font></p><p align="justify"><font color="#003366">Business Guide allows to assess the viability, convenience and costs of doing business in Eastern European and Central Asiatic Countries.</font></p><p align="justify" /><p /><p><span class="htmla_paragrafo">THE SERVICE</span></p><ul><li><font color="#003366">On the market since 1995</font> </li><li><font color="#003366">Provided on line since 2000</font> </li><li><font color="#003366">Constant increase of the subscribers </font></li><li><font color="#003366">26 Countries covered by the service</font></li></ul><p /><p><span class="htmla_paragrafo"></span></p><p><span class="htmla_paragrafo">COUNTRIES</span></p><p align="justify"><font color="#003366">The Countries at the moment covered (26):<br />Albania, Armenia, Azerbaijan, Belarus, Bosnia, Bulgaria, Czech Republic, China, Croatia, Estonia, Hungary, Latvia, Lithuania, Macedonia, Kazakhstan, Moldova, Mongolia, Poland, Romania, Russia, Slovak Republic, Serbia and Montenegro, Slovenia, Ukraine, Uzbekistan and Vietnam.</font></p><p><span class="htmla_paragrafo">CORRESPONDENTS</span></p><p align="justify"><font color="#003366">The monitoring of 26 Business Guide is constant thanks to the wide network of foreign correspondents with which INFORMEST maintains a daily dialogue.<br />The CORRESPONDENTS has been operating for several years in the Countries, possesses specific competence and reliability in the field object of the cooperation agreement and has got adequate information sources.</font></p><p><font color="#003366">Wide and reliable network, 26 Correspondents among:</font></p><ul><li><font color="#003366">Private Local Consultants</font> </li><li><font color="#003366">Local Development Agencies</font> </li><li><font color="#003366">Local Chamber of Commerce</font> </li><li><font color="#003366">Italian Institutions abroad</font></li></ul><font color="#003366">It is possible to <a href="http://www.informest.it/bg/" target="_blank"><font color="#ff6633"><u>subscribe the BUSINESS GUIDE filling up the form on line</u></font></a>, according to which it is requested to specify the Country (or the Countries) of your interest.</font> </td></tr></tbody></table></PRE> <!--EndDoc 19639601--> <BR>
