Croatia borders Bosnia and Herzegovina, Hungary, Montenegro, Serbia and Slovenia and has been an independent country since 1991. The country has a long and dramatic coastline with the Adriatic Sea, in which the country has over 1 000 islands and islets, of which just 48 are permanently inhabited. The most important sectors of Croatia’s economy in 2012 were industry (20.9 %), wholesale and retail trade, transport, accommodation and food services (20.1 %) and public administration, defence, education, human health and social work activities (16.0 %).
Croatia’s main export partners are Italy, Bosnia & Herzegovina and Germany while its main import partners are Italy, Germany and Russia. It can be seen from the data below that Satsafe® represents a very significant Internet of Things (IoT) business opportunity in Croatia focussed on security and safety applications.
Geographical size: 56 594.0 km2
Population: 4 275 984 (2012)
Population as % of total EU population: 0.8 % (2012)
GDP: € 43.682 billion (2012)
Official EU language(s): Croatian
Political system: parliamentary republic
EU member country since: 1 July 2013
Seats in the European Parliament: 11
Currency: Croatian Kuna HRK
A world of opportunity:
We are currently seeking expressions of interest from International distributors for a range of Satsafe® branded safety and security applications including geobloc.
If you are interested in acquiring the Satsafe® Master License as a business opportunity in Croatia, please contact us outlining your experience.