ZAGREB, 7 Nov 2021 - In 2020, enterprises in the Osijek, Rijeka, Split, and Zagreb urban agglomerations netted HRK 16.2 billion in profits, or 77% of the profits of all enterprises in Croatia, according to an analysis by the Financial Agency.

The agglomerations were established in 2015 and 2016 under a decision of the Regional Development and EU Funds Ministry.

In 2020, the biggest consolidated net profit was generated by enterprises in the Zagreb urban agglomeration (HRK 14.3 billion), followed by Osijek (HRK 804.1 million), Split (HRK 631.6m), and Rijeka (HRK 399.8m).

Of the 139,009 enterprises which submitted annual financial statements for last year, 79,229 were based in the four urban agglomerations, up 1.8% in 2019. Most were in Zagreb (55,282) and least in Osijek (4,476)

Of the 947,874 persons employed in enterprises in 2020, 566,310 were employed in the four agglomerations, the most in Zagreb, 430,965, or 7.8 employees per enterprise on average, and the least in Osijek, 30,930, or 6,9 employees per enterprise on average.

Last year, enterprises in the four agglomerations made HRK 512.3 billion in total revenue, down 5.5% in 2019, and accounted for 68.9% of the total revenue of all enterprises in Croatia (HRK 743.8 bn).

Their profit totaled HRK 32.5 billion, down 4.4% in 2019, while total losses went up by 45.4% to HRK 16.3 billion.

In 2020, the highest average net monthly salary in enterprises in the four urban agglomerations was in Zagreb, HRK 6,796, 5.2% more than the average in all four and 13.8% more than the average in all enterprises in Croatia, which was HRK 5,971.

The lowest net monthly salary was registered in the Osijek urban agglomeration (HRK 5,155).

(€1 = HRK 7.5)

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