Former PM Milanović’s Consultation Firm With Enviable Profits, Just One Employee

Lauren Simmonds

From political elite to consultancy pro, the former PM has made a successful turnaround.

From PM to consultancy boss, Zoran Milanović’s firm is raking it in and it’s no wonder why he appears to have no plans to return to the Croatian political scene.

As Poslovni Dnevnik writes on the 17th of March, 2018, personnel expenses during 2017 were net salaries and wages, amounting to just 26,208 kuna, more specifically, 2,184 kuna per month.

More than half a million kuna in 2017 was reported by EuroAlba Advisory d.o.o., the company owned by former Croatian Prime Minister Zoran Milanović.

By providing consultancy services, the former Prime Minister Milanović raked in 625,445.26 kuna last year, according to a financial report from 2017.

Operating expenses amounted to 101,936.56 kuna, and profit after tax was 459,749.62 kuna, income tax amounted to 63,759.08 kuna.

Last year, the company had just one single employee, and in 2016 there were no registered workers, according to a report from Jutarnji list.

Last year, the media reported that the former SDP leader has become adviser to the Albanian Prime Minister Edi Rama, that news was later confirmed by Rama himself.

However, who else Milanović still provides consultancy services to via his company remains unknown.


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