In Croatia last year, 106.5 thousand entrepreneurs with a total of 17.1 billion kuna net profit

In Croatia last year, more than 106.5 thousand entrepreneurs – taxpayers of profit tax, employed 838.6 thousand workers and generated a total of 639.6 billion kuna in revenue and 17.1 billion kuna in net profit, according to the latest data from the Financial Agency (Fina).

These data do not include banks, insurance companies, and other financial institutions, but rather entrepreneurs who are profit tax payers and submitted annual financial reports to Fina.

Of the total number of entrepreneurs, 30.4 percent or 32.4 thousand did not have employees last year, and they participated in total revenues with 2.1 percent or 13.6 billion kuna. This ‘group’ of entrepreneurs was the only one to record a net loss last year, amounting to a total of 3.3 billion kuna.

According to ownership forms, the majority of entrepreneurs without employees, 98.5 percent or 32 thousand, were privately owned, while the others were in cooperative or mixed ownership, and both collectively and individually, all recorded losses in business last year.

All other entrepreneurs, according to the number of employees from one to 250 and more, achieved a total net profit last year, with the highest among them being 8.2 billion kuna from 380 entrepreneurs who have 250 or more employees. Their share is also the largest in total last year’s revenues of all entrepreneurs, at 40.3 percent or 257.9 billion kuna, and they employed the largest number of workers, 299.5 thousand or 35.7 percent of all employed among all entrepreneurs.

The latest data from Fina also show that last year, out of the total number of entrepreneurs, 30.7 thousand operated regularly, while 619 were in liquidation, and just over a thousand in bankruptcy.

The most entrepreneurs without employees in trade

Fina’s data on entrepreneurs who operated without employees last year show that the largest number, just over 7,000, were in the trade sector. They are followed by entrepreneurs in professional, scientific, and technical activities, numbering 4,700, and from the construction sector, slightly more than 4,000.

By counties, the largest share of entrepreneurs without employees last year was in the City of Zagreb, 33.4 percent or nearly 11 thousand, followed by Istria County, which had just over 4,000 entrepreneurs or 12.5 percent of the total number.

In Split-Dalmatia County, there were nearly four thousand or 12 percent, in Primorje-Gorski Kotar slightly more than 2,700 or 8.5 percent, and in Zagreb County about 1,600 or 5.1 percent.

According to total revenue last year among entrepreneurs without employees, TE Plomin d.o.o. ranked first with 658.8 million kuna, while according to net profit, the leading company was Cervesia Zagreb d.o.o., with a profit of 163.4 million kuna and total revenue of 163.7 million kuna.