Mate Rimac: I Will No Longer Be Majority Owner of My Company

Total Croatia News

With new investors expected, Mate Rimac’s share of the company will fall below 50%.

Mate Rimac, whose electric hyper-car C_Two can be seen in Zagreb this weekend, has revealed that he will soon no longer be the majority owner of Rimac Automobil, reports on September 30, 2018.

Rimac appeared on Saturday at the Strossmayer Square in Zagreb, where his company is presenting the new C_Two model, which has incredible capabilities.

In an interview with RTL Television, he revealed a number of interesting points, including the news that there is one interested Croatian buyer for the car whose price is higher than 12.5 million kuna. He also said he will probably no longer be the majority owner of Rimac Automobili.

“We have the first interested Croatian buyer. He says he would even put Croatian register plates on the car, which I would be very happy about,” Rimac said, adding that he remained firm in his original plans to produce just 150 units of the C_Two model, with deliveries starting in 2020.

He also revealed that, due to the entry of foreign investors into the ownership structure of Rimac Automobili, he will no longer be the majority owner of the company. He also said that “people in Croatia complain too much.”

“We have been relying on ourselves. We have investors from all over the world. Porsche recently entered the company’s ownership structure, and we have new investors who are coming to the company. We have been financing ourselves with foreign investors since the day one, which means that I, and I now own 55% of the company, will probably no longer be the majority owner in a few months. In order to finance the growth and development of the company and these complex products, we need investments, which means selling ownership stakes in the company. We have clients from abroad, we operate abroad, a lot of our employees come from other countries, and we want to demonstrate that it is possible to work in Croatia,” Rimac said.

He has also commented on a recent contract with the renowned Italian design company Pininfarina worth 80 million euro.

“Pininfarina has recently established a new company that will produce cars and not just the design. There will be several models, and the first will be a hyper-car comparable to C_Two. It will share a lot of its systems. It would not make sense to develop the technologies we are working on just to produce 150 cars,” Rimac explained.

Translated from


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