Business

Croatian Companies More and More Prevalent on Russian Market

As Poslovni Dnevnik/Sergej Novosel Vuckovic writes on the 6th of June, 2019, the economic cooperation between the Republic of Croatia and Russia is growing, with more Croatian companies appearing on the Russian market, and with that, more and more Russian tourists are coming to Croatia.

It's easily seen that there has been significant growth in terms of Croatia's economic cooperation with Russia, and there are now more and more Russian tourists visiting the country, and according to the experience of the Croatian Chamber of Commerce's (HGK) Moscow office, more and more Croatian companies and entrepreneurs are looking for opportunities on the large Russian market, at least according to HGK's Luka Burilović who made the statement from St. Petersburg, where the Croatian Chamber of Commerce's delegation led by Economy Minister Darko Horvat participated in the International Economic Forum SPIEF recently.

The gathering is considered as one of the world's largest business meeting venues for business interests in Russia and on developing markets.

In the name of HGK, Burilović held a meeting with Russia's Sergej Čerjomin, on further possible economic cooperation and the organisation of the forums of Croatian and Moscow companies on July the 1st.

The worth of trade in goods between Croatia and Russia currently stands at about three billion dollars, but the goal is to reach and eventually surpass the former 3.4 billion dollar amount. Some Croatian companies are major exporters to Russia, such as AD Plastik and Belupo, which have both been recently awarded as the best Croatian exporters to the Russian Federation last year.

The fact that the Petersburg forum was the place to be for all things business was highlighted by the fact that its guest was the president of China, Xi Jinping.

Detailed discussions were held about trends in international economics, human development, environment and trade, technological achievements and much more between 5,000 representatives of both political and business circles, scientists, the public and media from all over the world.

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