the year 2009. the global economic crisis didn’t pass by croatia, nor did it pass by the...

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Small and medium-sized entrepreneurs in the Republic of Croatia and the Primorsko- Goranska County The year 2009

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Page 1: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

Small and medium-sized entrepreneurs in the Republic of

Croatia and the Primorsko-Goranska County

The year 2009

Page 2: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko-Goranska county

the financial reports of 2009 paint that picture well enough

the average wages in the PGC rose by 0.2 % from 4,404 kn in the year 2008 to 4,412 in the year 2009

Introduction

Page 3: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

an entrepreneur is one or more individuals who invest capital and knowingly take risks to acquire certain capital gains

in Croatia, the basic divison of entrepreneurs are - small enterprises, medium and large

small businesses are those with total assets are up to 27 million HRK, total revenue of HRK 57 million, with 50 employees

the group of medium-sized businesses are those by those who exceed two to three criteria for small businesses

Definition of entrepreneurship

Page 4: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

2009

GDP, fluid prices, mil. € 45,379

GDP per capita 10,232

Net earnings, in HRK 5,311

Export, mil. € 7,516,7

Import, mil €. 15,218,5

The basic macroeconomic indicators of the Croatian economy

Page 5: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

RH PGC

2009 2009

Number of entrepreneurs 84,473 8,008

Number of employees 860,636 61,674

Total revenues in mil. HRK 590,972 33,431

Total expenditures in mil. HRK 582,511 33,998

Investments in mil. HRK 49,899 2,849

Average net earnings per employee in HRK 4,586 4,412

General indicators of the Croatian economy and the economy of the PGC

Page 6: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

ActivityNumber of

entrepreneursAverage number of

employees

RH PGC RH PGC

Transportation and storage 3,023 367 60,658 6,531

The activity of providing accomodation and preparation and serving of food

4,381 565 38,917 5,715

Information and communication 3,508 248 32,488 1,149

TOTAL: 7,889 1,180 132,063 13,395

Number of entrepreneurs and the average number of employees by industries in RH and PGC in 2009

Page 7: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

In 000 HRK In 000 HRK

INDUSTRY TOTAL REVENUE TOTAL EXPENDITURE

RH PGC RH PGC

Transportation and storage 26,794,207 3,050,019 26,353,443 3,059,056

Industry of providing accomodation and preparing and serving food

12,039,505 1,722,239 12,935,489 1,899,047

Information and communication 29,388,087 435,751 26,287,656 424.970

TOTAL: 68,221,799 5,208,009 65,576,588 5,383,073

Total revenue and total expenditure by industry in RH and PGC

Page 8: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

In HRK In 000 HRK

INDUSTRYAVERAGE NET

EARNINGS INVESTMENTS

2009 2009

Transportation and storage 5,352 196,072

Industry of providing accomodation and preparing and serving food

4,411 329,837

Information and communication 5,668 28,248

TOTAL: 15,431 554,157

Average net earnings per employee and investments in fixed assets by industry in the PGC in 2009

Page 9: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

DESCRIPTION 2009

Number of entrepreneurs 565

Average number of employees 5,715

Average net earnings by employee in HRK 4,411

Development of individual categories of providing accomodation and preparing and serving food

Page 10: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

small medium TOTAL

246 2 248

Number of entrepreneurs in the sector of communication in PGC in 2009

Page 11: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

small medium TOTAL

272,058,072 151,712,119 423,770,191

Total assets of the firms in the sector of communication in PGC in 2009 ( in HRK)

Page 12: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

small medium TOTAL

355 7 362

Number of entrepreneurs by the size in the sector of transportation and storage in PGC in 2009

Page 13: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

small medium TOTAL

1.143,834,965 966,181,617 2.110,016,582

Total assets by the size of entrepreneurs in the sector of transportation in PGC in 2009 (in HRK)

Page 14: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

small medium

Number of entrepreneurs

2009 7,885 93

Number of employees (hrs of labour)

2009 33,152 10,859

Total assets(in mil HRK) 2009 15,033 6,710

Investments(in mil HRK) 2009 1,200 511

Basic financial reports of the PGC economy by the size of the

entrepreneurs

Page 15: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

DESCRIPTION 2009

Number of entrepreneurs 367

Average number of employees 6,531

Total revenue in 000 HRK 3,050,019

Total expenditure in 000 HRK 3,059,056

Average net earnings by employee in HRK 5,352

Development in the industry of transportation and storage

Page 16: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

SMALL MEDIUM

Number of entrepreneurs

20097,885 93

Number of employees

200933,152 10,859

Total revenue 2009 15,033 6,710

Total expenditure 2009 14,772 6,655

Investments 2009 1,200 511

Small and medium entrepreneurs

Page 17: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

accomodation 5.18%

construction 9.94%

transportation and storage 9.12%

manufacturing 18.78%

trade 42.49%

Page 18: The year 2009.  the global economic crisis didn’t pass by Croatia, nor did it pass by the Primorsko- Goranska county  the financial reports of 2009

the business data of the year 2009 shows that in the PGC there are six main industries that make between 77.85 % and 89.09 % shares in all indicator

from the previously shown chart we can see that trade dominates, considering that it’s ranked one in five out of six indicators

CONCLUSION