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Croatia's investments abroad EUR1.6 billion

ZAGREB, Jan 9 (Hina) - In the first three quarters of 2005, Croatiancompanies invested EUR95 million abroad, while Croatia's total directinvestments abroad in the period between 1993 and late September 2005amounted to more than EUR1.6 billion, according to latest figuresreleased by the Croatian National Bank.
ZAGREB, Jan 9 (Hina) - In the first three quarters of 2005, Croatian companies invested EUR95 million abroad, while Croatia's total direct investments abroad in the period between 1993 and late September 2005 amounted to more than EUR1.6 billion, according to latest figures released by the Croatian National Bank.

Croatian investments abroad in the first nine months of 2005 were smaller than in 2004 when they amounted to EUR285 million.

Almost half of the investments made by Croatian companies abroad in last year's first three quarters, namely 46.2 percent, referred to management activities of holding companies.

Investments in other forms of insurance follows with 14.3 percent share and maritime and coast transportation with 11 percent.

A total of 18.1 percent of investments made in the first nine months of 2005 were made in Hungary, 17.5 percent in Bosnia-Herzegovina, 14.7 percent in the Netherlands, 12.1 percent in Serbia and Montenegro and 11.8 percent in Liberia.

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