Supported byClarion Energy
HomeSEE Energy NewsCroatia: Country's economy...

Croatia: Country’s economy dominated by the energy sector

Croatian national oil company INA generated the highest revenues (2.86 billion euros) among Croatian companies in 2019, while state-owned power utility HEP generated the highest profit of 146 million euros, according to a preliminary analysis of Croatian economy in 2019 by the Fina financial agency.

The preliminary analysis shows that last year enterprises generated nearly 105 billion euros in consolidated revenues, up 7.9 % compared to 2018, while expenditures reached nearly 100 billion euros, up 8.1 %. Net profits totaled 3.96 billion euros and were 1.9 % higher than in 2018.

Export revenues were generated by 18,991 companies, totaling 16.5 billion euros, up 6.2 % from 2018, while imports totaled 16.1 billion euros. The trade deficit in 2019 was 425 million euros.

 

 

 

 

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the upcoming winter withdrawal season. Italy recorded 4,373.49 GWh of LNG inflows, an increase of 23.37% from...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region, while the country increased its reliance on net electricity imports. Hydropower generation provided a partial offset,...

Croatia plans intermediate household gas pricing from October 2027

Croatia is preparing an intermediate household gas pricing system starting Oct. 1, 2027, with a transition period before full household gas deregulation. The approach is intended to delay immediate full deregulation while exposing consumers more gradually to wholesale market...
Supported byVirtu Energy