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FOREIGN INVESTMENTS IN FIRST NINE MONTHS OF 2001 REACH USD 717M

ZAGREB, Jan 27 (Hina) - Direct foreign investments in Croatia in the first nine months of 2001 amounted to US$717 million, with more than 58 percent of all investments coming from Austria, according to data the Croatian National Bank published on its web pages. The United States follows with 11.24 percent, Germany with 4.6 percent, Netherlands with 4.55 percent, and Slovenia with 4.21 percent. Between 1993 and last September direct foreign investments in Croatia reached US$5.87 billion. The majority of the investments in said period focused on telecommunications and banking, with 22.39 percent going into telecommunications and 20.17 percent into the banking sector. Another significant field of foreign investing in the past eight years has been the manufacturing of pharmaceutical preparations, accounting for 18.13 percent of the investments. Austria leads as to investments in
ZAGREB, Jan 27 (Hina) - Direct foreign investments in Croatia in the first nine months of 2001 amounted to US$717 million, with more than 58 percent of all investments coming from Austria, according to data the Croatian National Bank published on its web pages. The United States follows with 11.24 percent, Germany with 4.6 percent, Netherlands with 4.55 percent, and Slovenia with 4.21 percent. Between 1993 and last September direct foreign investments in Croatia reached US$5.87 billion. The majority of the investments in said period focused on telecommunications and banking, with 22.39 percent going into telecommunications and 20.17 percent into the banking sector. Another significant field of foreign investing in the past eight years has been the manufacturing of pharmaceutical preparations, accounting for 18.13 percent of the investments. Austria leads as to investments in said eight year period as well, with 29.44 percent, followed by the U.S. with 20.29 percent, and Germany with 19.64 percent. (hina) ha

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