What with the playground-like rivalry between neighbours Croatia and Slovenia still going on, however less loudly, one has to wonder just where Croatia might be going wrong in relation to its much smaller neighbour to the north. Slovenia’s Koper Port made ten times more money than the not so far away Rijeka Port in Croatia did in 2018.
While Slovenia has indeed attracted more and more tourists over the last few years, Croatia still undoubtedly takes the cake when it comes to making huge income from tourism. Croatia’s ports, especially in Dalmatia, can be hectic and chaotic places, with cruise ships coming and going on an almost constant basis and local people’s lives disrupted heavily during the tourist season. Rijeka Port, however, while having seen a rise in the number of cruise ships arriving, seems to be losing out quite significantly to the far less ”touristy” Koper Port.
As Morski writes on the 3rd of March, 2019, the Slovenian Port of Koper enjoyed some very handsome revenues of 226 million euros, equal to one billion and 695 million kuna last year, which is seven percent more than was recorded by the major Slovenian port back in 2017.
Koper Port’s net profit rose by a massive 71 percent to an impressive sixty million euros, according to a report from SEEbiz.
At the same time, the largest Croatian port, Rijeka Port, doesn’t seem to be doing all that well, at least when compared to Koper. In 2018, according to the available financial report(s), Rijeka Port concluded last year with a total revenue of 171 million kuna, or 22.8 million euros, which is a rather concerning ten times less than the Slovenian Port of Koper. When Rijeka Port deducts some of that amount from its expenditures, a profit of just 848,000 kuna remains.
Make sure to stay up to date by following our dedicated business page.
