EBRD Boosts Croatia’s Economic Potential

With nearly €5bn invested, Croatian businesses are seizing opportunities in sectors far beyond tourism, thanks to the European Bank for Reconstruction and Development

Croatia, once synonymous with sun-kissed beaches and thriving tourism, is now diversifying its economic landscape, and the European Bank for Reconstruction and Development (EBRD) is playing a key role in this transformation.

By the end of 2024, the EBRD will have invested close to €5 billion in nearly 260 public and private projects in the country, with around 70% of this funding allocated to the private sector.

These investments are a clear signal that Croatia’s economy is far from just tourism.

EBRD projects are increasingly offering Croatian companies significant opportunities across various sectors.

Last year alone, the bank invested €300 million and financed over 250 public procurement projects worth €2.2 billion. This provides ample space for local businesses to engage, expand, and innovate.

Irena Weber, head of the Croatian Employers’ Association, underscores the importance of such initiatives in boosting the private sector and driving GDP growth.

With continued support from the European Commission, Croatian firms are primed for international collaboration, further cementing Croatia’s place on the global economic map.

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