ZAGREB, 15 Nov 2021 - Businesses in Vukovar-Srijem County generated a consolidated net profit of HRK 655.5 million in 2020, which is an increase of 7.2%, while gross investments in new long-term assets decreased by 43.7% to HRK 193.9 million, a report by the Financial Agency (FINA) shows.
A total of 2,273 businesses had their registered headquarters in Vukovar-Srijem County and employed 20,063 people, which is an increase of 310 or 1.6% year-on-year.
Entrepreneurs in the county generated a total revenue of HRK 22.7 billion in 2020, up 17.4% on the year, whereas total expenditure increased by 17.8% to HRK 22 billion.
Profit amounted to HRK 1 billion, which compared to the previous year was an increase of 10.2%, while losses jumped by 16.3% to HRK 359.3 million. The result is a net profit of HRK 655.5 million or an annual increase of 7.2%.
Exports rose by 39.2% to HRK 9.2 billion while imports fell by 9.6% to HRK 968.1 million, resulting in a trade surplus of HRK 8.3 billion.
The average net monthly wage amounted to HRK 4,749, or 6.5% more than in 2019, and 20.5% less than the national average of HRK 5,971.
Of the two largest cities in the county, Vinkovci registered 688 enterprises with 8,267 employees and a loss of HRK 170.8 million, whereas Vukovar generated a total revenue of HRK 13 billion and a profit of HRK 516.3 million or net profit of HRK 404.2 million, FINA reported.
The Prvo Plinarsko Društvo gas company from Vukovar generated the highest profit in that period (HRK 226.6 million), the highest total revenue (9.8 billion) and the highest revenue from foreign sales (HRK 6.9 billion).
The Boso retail chain from Vinkovci had the largest number of employees (965) while the biggest loser in 2020 was the PIK Vinkovci Plus agriculture company, generating a loss of HRK 70 million.
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