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Extreme Weather Becomes a Strategic Business Risk in Croatia

<p>Nevrjeme u Zagrebu, Ilica</p>
Nevrjeme u Zagrebu, Ilica / Image by: foto Ratko Mavar

Croatia has entered a zone where the risk of severe weather becomes a strategic threat to business, and the latest storm that hit Zagreb is not an isolated incident, but yet another in a series of events confirming the pattern that damages are becoming increasingly frequent, complex, and costly. This was assessed by Jasminka Horvat Martinović, director of Marsh Croatia, while commenting on the consequences of the latest storm that struck the capital of Croatia.

From Marsh, it was summarized that in the last 24 hours, around 1,000 calls from citizens were recorded, more than 650 incidents, including 246 fallen trees, 122 damaged buildings, and 43 damaged vehicles, with traffic infrastructure also affected, causing certain parts of the city to be temporarily blocked.

– What we see today in Zagreb is a reflection of a new pattern. The intensity is increasing, and the cost of unpreparedness is unsustainable. Croatia has entered a zone where the risk of severe weather becomes a strategic threat to business – said Jasminka Horvat Martinović.

Continuity of Damages: From the Storm of 2023 to Today

However, Marsh warned that the biggest problem is continuity, as damages to infrastructure, public and private properties have become a Zagreb pattern, having escalated into an extreme scenario during the major storm of 2023 when there were fatalities, and a construction crane approximately 30 meters high was also destroyed. This storm caused estimated damages in Zagreb of around 25 million euros. In such events, Marsh explained, the problem is that visible damage is often not the final damage. Namely, primary damages from direct impacts are often followed by secondary ones, such as water intrusion, electrical surges, and structural damages to buildings, leading to temporary work stoppages, delays, or closures of facilities.

– Companies often underestimate this third part, namely business interruption. One day of downtime due to severe weather can have a greater financial effect than the physical damage itself. In the context of increasingly frequent extreme weather events, Croatia is entering a zone where severe weather is no longer an exception, damages are not just local but systemic, and the risk transitions from operational to strategic. In an environment where one day of severe weather generates hundreds of incidents, resilience is no longer an option but a basic condition for doing business – concluded Horvat Martinović.

Wind Farms and Solar Plants Under Extreme Pressure

Marsh reminded in a statement that even non-urbanized areas are not immune to extreme weather conditions. The example of the wind farm Pometeno brdo, which was hit by wind in 2024, shows how extreme weather conditions can damage large infrastructure systems. Solar plants are also sensitive to meteorological risks, as strong winds can detach them from their bases, endangering the roof structure of the facilities.

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