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AS MUCH AS 89% OF CROATIAN COMPANIES PLAN TO ENTER NEW MARKETS

ZAGREB, Nov 16 (Hina) - As much as 89% of Croatian companies plan to enter new markets, compared to 74% of Central European countries, while 95% plan to develop and launch new products, compared to 84% of companies in Central Europe. At the same time, Croatian companies are lagging behind with regard to customer relations, product diversity and information technology.
ZAGREB, Nov 16 (Hina) - As much as 89% of Croatian companies plan to enter new markets, compared to 74% of Central European countries, while 95% plan to develop and launch new products, compared to 84% of companies in Central Europe. At the same time, Croatian companies are lagging behind with regard to customer relations, product diversity and information technology. #L# These are the findings of a survey on competitiveness in Central Europe and prospects of Croatian companies, conducted by Deloite & Touche company. With regard to future strategic processes, 84% of Croatian companies plan to undergo restructuring, compared to 53% in Central Europe. According to the survey, Croatian managers work more than their Central European colleagues on improving business. Of all companies included in the survey, 68% reported that their managers dedicate more than five days a month to activities aimed at improving business, while managers in 42% of Central European countries do so. Areas in which Croatian companies lag behind are customer relations, product diversity and information technology. It is suggested in the survey that Croatian companies pay more attention to customer relations and customers' needs as well as expand their product lines to be able to compete on regional markets. The competitiveness of Croatian companies should be based on the flexibility and efficiency of production processes, which can be achieved by modernising production methods and developing information technology as well as human resources, it is said in the survey. (hina) rml

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