Zagreb Bypasses Competition, Chosen as New Centre for Swiss Company

Lauren Simmonds

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As Sergej Novosel Vuckovic/Poslovni Dnevnik writes on the 8th of November, 2018, Zagreb has been chosen in a group of 40 cities across Europe as the seat of the new centre for software in 40 cities of Europe, and has also entered the final six along with Sofia, Bucharest, Belgrade, Madrid, and Lisbon.

Croatian IT experts have thus had a brand new and welcome opportunity to stay in their home country created for them.

The Adcubum company from Switzerland came to Zagreb where it has just opened its Software Solutions Development Centre. The investment is worth 12 million euro over a three year period, as was explained by the director of the Croatian branch of the company, Bojan Poljičak.

“This is a Swiss greenfield investment, related to the development of a service centre for software development. These are high value added services, focused on development and exports,” stated Poljičak, who was also once the director of Adecco Croatia. Adcubum has otherwise been in existence for twenty years, and has been active in Austria and Germany as well as at home in its parent country of Switzerland, specialising in business information technology solutions for insurance companies. There are 350 employees in total, and in Zagreb there are now seven more.

By the end of this year, there will be ten workers, and what is particularly stimulating for domestic experts is the announcement that they plan to employ 40 people each year over the next five years in order to reach a total of 200 employees in Croatia by the end of 2023.

“Profiles that are of interest to us are engineers for software development. We’re very satisfied with the level of knowledge and skills of the existing candidates and at the beginning, we encountered a good level of interest. Just like it is in other countries, the main challenge will be to find, attract, and retain a sufficient number of suitable candidates, but we’re positive about it and we expect that we’ll be able to bring our plans to fruition,” explained Poljičak. The main product of Adcubum, which will be done in Zagreb, is SYRIUS, a comprehensive software solution developed specifically for the business of an insurer.

“It allows them to deal with almost all of their processes within that solution and to adapt it, on the other hand, to their business specificities through the parametrisation and flexibility of the software solution,” said Adcubum’s Croatian affiliate director, noting that their goal in the Croatian capital is to increase additional human resources for further SYRIUS development.

“We’re planning to form teams that will work on new software products in the application area called ”front end”, but also processing and analytics in the field of big data,” Poljičak pointed out.

Just how did the Croatian capital manage to bypass the competition and be of such attraction to the Swiss company?

“They considered the prospects for the availability of IT professionals of high professionalism, foreign language knowledge, cultural similarities, and support from state institutions such as the Investment and Competitiveness Agency,” Poljičak revealed.

“We want to use a very good ratio of expertise, professionalism, flexibility, and teamwork that candidates and potential employees have here in Croatia. We also want to provide our employees with work experience with colleagues and clients in Switzerland and Germany – as well as transfer part of our knowledge and our ways of working with colleagues in these countries,” Bojan Poljičak concluded.

Adcubum’s Chief Technology Officer Walter Meister and Swiss Ambassador to Croatia Emilia Georgieva were also at the opening of the Zagreb centre, pointing out that the Croatian branch was a result of the company’s accelerated development due to an increased demand for services, expressing hope that this investment would strengthen Switzerland’s status in the top ten foreign investors in the Republic of Croatia.

According to CNB/HNB (Croatian National Bank) data, direct Swiss investments in Croatia in 2016 amounted to a huge 6.2 million euro. In the first two quarters of this year, about 5.6 million of Swiss capital entered Croatia, and a total of about 42.4 million euro has been invested in the country since as far back as 1993.

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Click here for the original article by Sergej Novosel Vuckovic for Poslovni Dnevnik

 

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