Croatia as a future for startups

According to Atomico: between 2012 and 2016, less than 100 Million US dollars had been invested in Croatian startups, but in just 2019, investments reached 120 million USD, and this is the best description of the Croatian startup scene. It’s waking up!

SGS OPERATIONS MAKES THIS POSSIBLE

With a strategic position in Southeast Europe, Croatia is perfectly positioned for reaching the EU market and the markets of Southeast Europe. Three major Pan-European corridors pass through Croatia and make it your shortest route between Western Europe and Asia, Eastern Europe, and the Mediterranean.

Facts

With a strategic position in Southeast Europe, Croatia is perfectly positioned for reaching the EU market and the markets of Southeast Europe.

49% of the population speaks English, 34% speaks German, and 14% Italian

Additionally, Croatia’s population is smart, hardworking, intelligent and innovative: the tie, the ballpoint pen, the parachute, the tungsten light bulb, the torpedo, the azithromycin antibiotic, the electronic speedometer, dactyloscopy (fingerprinting), the MP3 player, and the world’s fastest electric car, to name a few, were all created by Croatians. Also,  49% of the population speaks English, 34% speaks German, and 14% Italian, making its population remarkably multilingual.  Thus, you can be sure that they can contribute much to your business, and since labor force costs are substantially low, SGS uses the opportunity and decreases, even more, the cost of operations for clients up to 60% while delivering a next-generation premium managed services to the industry.

Overall, Croatia is increasingly becoming attractive for startups and business investments. Some of the benefits are: it’s affordable, has pro-business legislation, is populated by talented citizens, is not over saturated with global investors (yet), and is geographically desirable. In this environment, SGS is driving efficiency and effectiveness by delivering added value.

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Investment Opportunity

More about SGS innovative services and solutions can be found on the corporate website and, as well, more about Investment opportunity where you can be a part of our business can be found in our Investment teaser here.

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