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CROATIAN FIRMS INVESTED 384 MILLION ABROAD BETWEEN 1993-2000

ZAGREB, March 28 (Hina) - Croatian companies invested 384.3 million dollars abroad from 1993 to September last year, the Croatian National Bank (HNB) reported.
ZAGREB, March 28 (Hina) - Croatian companies invested 384.3 million dollars abroad from 1993 to September last year, the Croatian National Bank (HNB) reported.#L# Of this amount, 70 percent was invested in two countries - Poland, which accounts for 40 percent and Bosnia-Herzegovina which accounts for 30 percent. Slovenia, for instance, accounts for eight (8) percent. According to figures released by the central bank, almost a half of the Croatian ownership investment, was invested in pharmaceutical companies abroad. Over 10 percent of the amount invested by Croatian companies was given in the telecommunications, 8.9 percent in the maritime transport, and 6.8 percent in the furniture production. It is interesting that Croatians also invested in some countries known as 'tax havens' such as Antigua and Barbuda (some $17 million), or St. Vincent and Grenadines (some $9 million). (hina) sb ms

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