ZAGREB, April 7 (Hina) - Direct investments in Croatia totalled 980.5 million US dollars last year, while foreigners invested a total of USD7.47 billion dollars from 1993 to the end of 2002, according to figures which the Croatian
National Bank (HNB) released on its web site.
ZAGREB, April 7 (Hina) - Direct investments in Croatia totalled
980.5 million US dollars last year, while foreigners invested a
total of USD7.47 billion dollars from 1993 to the end of 2002,
according to figures which the Croatian National Bank (HNB)
released on its web site. #L#
Last year foreign investments fell below one billion dollars for
the first time after three years. The year with the highest
investment was 2001 with USD1.5 billion.
In 2002, Austrian companies accounted for the largest part (44.13)
of all the investments. They were followed by Italians (19.92
percent), and Luxembourg (12.91 percent). The fourth was the
European Bank for Reconstruction and Development (EBRD) covering a
9.56-percent share.
Of all the investments, 63.75 percent was directed into the banking
sector last year. The share of investments into the tourist sectors
(i.e. hotels and restaurants) was 9.62 percent, and 3.47 percent
went into the trade.
According to the HNB, in 2002 Croatian companies invested 96.67
million abroad, while their investment in the period from 1993 to
the end of 2002 amounted 668.2 million.
(hina) ms