Rimac Campus Location Revealed, Huge Investment Remains Condition

Lauren Simmonds

Updated on:

Screenshot/Rimac Automobili
Screenshot/Rimac Automobili

As Poslovni Dnevnik/Marija Brnic writes, the door to the realisation of the new Mate Rimac campus investment project is finally opening up. Sveta Nedjelja, in which Rimac Automobili is situated, has announced a public tender for the establishment of construction rights on an area covering a total of 199 thousand square metres, for which the construction of a production and research and development campus is planned, and for which the annual fee would be at least 0.10 kuna per square metre.

The right to construct on that piece of land would be contracted for 69 years, which means that the investor would pay Sveta Nedelja almost 20 thousand kuna a year. These are assets that were transferred to the ownership of Sveta Nedelja, whose spatial plan envisages the construction of such a campus in the area of ​​the old Erdödy castle in Kerestinec.

The tender envisages, among other things within the realm of the Rimac campus, the construction of a production plant, a testing laboratory, a research and development centre, an information and educational complex with complementary facilities for both regular users and visitors, from restaurants, dormitories for short stays to offices, exhibition and sales premises, and even the the construction of a smaller hotel boasting up to 100 beds. It will also be possible to build sport/fitness and recreational facilities for Rimac campus employees.

A few years ago when he initially announced his intention to build a campus, entrepreneur Mate Rimac explained that it would be a win-win situation for everyone. “The castle would be renovated, and the company that is the flagship of Croatian industry would be even more representative,” said Rimac at the time, whose facilities were already being regularly visited by interested people from all over the world.

The criteria for scoring bids show that a minimum investment of 100 million kuna needs to follow, which will create at least 200 new jobs and employ 50 new highly educated members of staff, and the tender conditions show that the further investment process will proceed quickly, because the plan is to conclude a contract within 30 days from the selection of the best offer, and in the following eight days, the investor will be introduced to property, and they then have exactly three years left to realise the investment in the Rimac campus. The start of the investment must begin within twelve months, otherwise Sveta Nedelja may unilaterally terminate the contract should it so wish.

The tender will remain open until March the 23rd, 2021, and the selection of the offer will be announced in the next thirty days, which means that the investor would have all the predispositions to start investing in the brand new Rimac campus by the beginning of June.

It is unlikely that Mate Rimac will have a competitor in this process, because he drafted the entire project a long time ago himself and announced that he was looking for a unique location like this one for his campus in the vicinity of Zagreb and Sveta Nedelja.

For more on Rimac and other Croatian entrepreneurs, follow Made in Croatia.

 

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