Croatian Company Infinum Enters EBRD’s Blue Ribbon Programme – tues

Lauren Simmonds

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May the 2nd, 2023 – The impressive Croatian company Infinum has entered into the European Bank for Reconstruction and Development’s Blue Ribbon programme.

As Poslovni Dnevnik writes, the well known Croatian company Infinum has joined the EBRD’s Blue Ribbon programme for small and medium-sized enterprises, where the emphasis will be primarily placed on supporting the ESG component of business, the EBRD reported last week.

As part of the development plans, the Croatian company Infinum intends to put a greater focus on ESG components, including the formalisation of environmental and social policies, as well as the strengthening of corporate governance throughout the group. The Blue Ribbon programme will provide comprehensive advisory support, which this time will also include an ESG component, the press release regarding the joining of this domestic IT company to EBRD pointed out.

ESG (Environmental, Social and Governance) are non-financial indicators that relate to company strategies and policies when it comes to the environment, society and governance, whereby the obligation to report compliance with these principles is increasingly being created.

Infinum is otherwise the fourth Croatian company to join the Blue Ribbon programme, which includes 82 small and medium-sized companies from as many as 28 different countries.

Membership in the programme for high-potential local SMEs typically lasts five years and includes a range of advisory services selected based on their individual business needs, as well as potential funding.

For more on Croatian companies, entrepreneurs and innovation, make sure to check out our dedicated business section.


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