Textile Businesses Net HRK 81m in Profits in 2020

Total Croatia News

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Pixabay License - Free for commercial use
Pixabay License - Free for commercial use

That year there were 334 textile businesses with 3,521 employees.

Their revenues totalled HRK 1.6 billion, down 4.2% on 2019, while expenditures were HRK 1.5 billion, down 5.6%. Profits totalled HRK 99.5 million (+17.1%), while losses were HRK 18.6 million (-34.1%).

Most of the textile businesses operated in Zagreb (84), followed by Primorje-Gorski Kotar County (33) and Krapina-Zagorje County (27).

The average net monthly pay was HRK 4,618, up 5.6% from 2019 but down 22.7% from the national average.

In 2020, the biggest revenue was generated by the Aquafilcro company, HRK 219.4 million, while the biggest profit was generated by Meditex, HRK 17 million.

(€1 = HRK 7.5)

For more, check out our business section.


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