Lifting the mood

Zagrebacka Banka d.d.
Fri, 04/09/2015

Croatia's economic sentiment continues to improve. FDI increased by 40% to EUR 393.4 million in the first quarter of 2015.                                                                                                                

In line with a European Commission survey, the economic sentiment in Croatia further improved in July, for the ninth month in a row.

The Economic Sentiment Indicator (ESI) for Croatia has increased by 1.9 points, from 121.8 points in June to 123.7 points in July, continuing its rise for nine consecutive months. Its lowest point was recorded in August 2009, when it stood at 76.4 points, and the current value is a record high.

According to the Croatian National Bank (HNB), the total amount of foreign direct investments (FDIs) in Croatia in the first quarter of 2015 was EUR 393.4 million, which was an increase of 112.5 million or 40% in comparison with the same period of 2014.

This strong increase was built from a relatively low base last year, namely EUR 281 million of FDIs in the first three months of 2014. Even stronger growth, of EUR 319 million or as much as 428%, was recorded in comparison with the last quarter of 2014, when FDIs amounted to EUR 74.6 million.

 

Contact:
Jelena Bilusic
Relationship Manager
Global Securities Services Croatia
jelena.bilusic@unicreditgroup.zaba.hr