Rimac Automobili is a company that has done much more than just put Croatia on the automotive map, which is no small feat at all, but Livno-born Croatian entrepreneur Mate Rimac has shown that it is very possible to succeed and do well in Croatia if enough effort and know-how are employed.
Attracting investments left, right and centre, the always smiling protagonist of this shining Croatian business story even taught the Croatian Government a thing or two about how to attract massive investments from huge companies and as such bring the automotive industry within Croatia’s borders.
As Novac writes, no less than Porsche should participate in a new round of financing for entrepreneur Mate Rimac’s impressive company Rimac Automobili, in which the company should raise an additional 130 to 150 million euros, the company’s founder Mate Rimac told the German publication Automobilwoche.
The funding should be completed in two to three months, and another round of funding is planned by the end of the year, entrepreneur Mate Rimac explained.
Porsche currently holds a 15.5 percent stake in Rimac Automobili, and that Porsche owned stake could increase to just under 50 percent in an agreement under which Rimac would take over Volkswagen’s luxury brand Bugatti, about which we recently wrote.
Rimac Automobili, as well as Volkswagen, have not yet commented on this matter and this article will be updated as comments come out.
For the latest travel info, bookmark our main travel info article, which is updated daily.
Read the Croatian Travel Update in your language – now available in 24 languages.
Join the Total Croatia Travel INFO Viber community.
