Croatian entrepreneurs achieved a total gross profit, or surplus of income over expenses, of 25.1 billion kuna in the first nine months of this year, which is 5.6 percent less compared to the gross profit from the nine-month operations in 2011, according to data from the Financial Agency.
In all counties, gross profit was achieved, meaning total revenues exceeded total expenses, ranging from 56 million kuna in Šibenik-Knin County to 9.5 billion kuna in the City of Zagreb. In 10 counties, gross profit increased, while in 11 it decreased.
The highest gross profit increase was recorded in Zadar County (from 12 million kuna in the first nine months of 2011 to 385 million in the first nine months of this year), while the best results were achieved by entrepreneurs in Sisak-Moslavina County, with 745 million kuna in gross profit, compared to a gross loss of 479 million kuna in the first nine months of last year.
On the other hand, entrepreneurs in Šibenik-Knin County reduced their gross profit by 50.6 percent in the first nine months of this year compared to the same period last year.
The Financial Agency notes that the large gross profit of entrepreneurs in Split-Dalmatia County (5.4 billion kuna) and Primorje-Gorski Kotar County (2.5 billion kuna) is largely the result of extraordinary revenues from shipyards under the state shipbuilding restructuring program (3. maj, Brodosplit, and Brodotrogir).
One of the characteristics of the Croatian economy, as highlighted by the Financial Agency, is the significant disparity in the development of individual regions/counties. The dominant role of the City of Zagreb continues, followed by Split-Dalmatia, Primorje-Gorski Kotar, Istria, Zagreb, and Osijek-Baranja counties, while at the bottom are Virovitica-Podravina, Požega-Slavonia, and Lika-Senj counties.
