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Austrians head foreign investment in Croatia

15. July 2011. | 11:22

Source: Croatian Times

Austrians have remained Croatia's top investors for the past 18 years, data from Croatian National Bank (HNB) shows.

Austrians have remained Croatia's top investors for the past 18 years, data from Croatian National Bank (HNB) shows.

Since 1993, Austrians have invested 6.1 billion Euros in Croatia. They are followed by the Netherlands (3.7 billion Euros), Germany (over three billion) and Hungary (2.2 billion Euros).

Croatia registered 128.9 million Euros of foreign investments in the first quarter of this year, with chemical products companies receiving the largest share of those investments (39.7 million Euros). The bank sector follows with 38.2 million.

The biggest investors of the first quarter were Germans (131.8 million Euros), followed by Luxembourg.

Direct foreign investment totalled 24.36 billion Euros over the last 18 years and it focused on the banking sector, followed by wholesale trade and real estate.

Croatian companies have invested four billion Euros abroad since 1993, portal

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