Only 2 Out of Every 100 Croats Run Their Own Business

Total Croatia News

They are joined by Italians (1.3) and French (1.7), while Germans are not far away at 2.3, as they are nations with a long history of industrial tradition with no need for private enterprises

The residents of Pula are the biggest entrepreneurs in Croatia, while Sisak residents are least oriented to private business, looking at the tendency for entrepreneurism in the ten largest towns in the country, Poslovni Dnevnik reports on June 18, 2016. For every thousand working age residents, in Pula there are 67 and only 22 in Sisak. Zagreb holds the second place with 65, while Split is in third place where every 20th working age resident is in business, the Financial Agency (FINA) calculated based on final annual reports for 2015.

Only every 50th resident of Sisak up to the age of 64 started their own business and lives of it, so the chance of running into an entrepreneur in that city is small, with Slavonski Brod with 24 and Karlovac with 28 are next in line.

Tradition and local administration quality surely play a large role in promoting entrepreneurship, but FINA researchers state that one of the answers is probably in the fact that in the 40,000 of working age in Pula, 21.8% have higher-level education, in comparison to the national average of 17.8% and 11.3% in Sisak.

Although ahead in numbers, the Pula business community can’t brag about good results as they ended 2015 with losses, same as business owners in Slavonski Brod. According to research by Global Entrepreneurship Monitor, a group dealing with promoting business on a global scale, Croatia is among the ten least business-oriented states in the world, measured by the number of businessmen to the total number of adult population. By their calculations, Croatia only has two businessmen to a 100 adults.

 

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