October 12, 2024 – Croatian National Bank (CNB) Governor Boris Vičić said that Croatia has enjoyed many benefits since joining the euro area.
As Poslovni Dnevnik writes, this week Zagreb has become the international hub for financial and business experts from IMAP, one of the most successful international companies specializing in M&A transactions. The Zagreb conference brought together more than 130 IMAP delegates from 34 countries around the world. The organizer of this international gathering of M&A experts is IMAP SEE, headquartered here in Zagreb.
For more than 20 years, our Zagreb office has been advising companies and owners on sales and acquisitions across the markets of Croatia, Slovenia, Serbia and Bosnia and Herzegovina, making us one of the leading regional M&A advisors for mid-sized companies. .
Hosting the conference in Zagreb, Jurgis Oniunas, Chairman of the World IMAP Board and Founder of IMAP SEE, pointed out: has always relied on our IMAP member partners to provide support to our clients in Croatia and the region. As a result, 70% of our M&A transactions are cross-border with investors in 15 countries. This year marks our 21st anniversary and we are proud to share this celebration with friends and colleagues around the world, showcasing the beauty and opportunity of our country. ”
IMAP's regular gathering of representatives from around the world allows leading M&A experts to share their experiences on current geopolitical and economic challenges, as well as their impact on the midmarket market, which is the focus of M&A. Provides an opportunity to analyze. work.
The special guest at the Zagreb meeting was CNB Governor Boris Vičić, who spoke about Croatia's accession to the eurozone and the impact of this process on foreign investment. “Croatia has already realized significant benefits from euro area membership, including improved macro-financial resilience, relatively lower borrowing costs and more efficient international trade. Risks and costs associated with exchange rate fluctuations This is a good example of the increasing attractiveness of Croatia as an investment destination due to the disappearance of the country, an increase in credit ratings and a general improvement in macroeconomic performance. “is the recent opening of the high-tech JABIL factory in Osijek,” said Boris Vujicic, the governor of the euro zone member state.
One of the key presentations at the Zagreb conference was given by Cristian Orbán, who spoke about current geopolitical events and their impact on the economic trends and industrial strategies of the US, China and the EU. “In these turbulent times, new power relations are being established, shaped by competition between the United States and China, and great power alliances and political divisions are changing. Instability caused by war and domestic political turmoil. With the growth of the United States, national interests are increasingly being replaced by those of ruling structures, which poses an obstacle to international stability and makes cooperation between states more difficult,” said Christian Director and Partner. Orbán said. oriens.
Oleksiy Rashchupkin from Altius Capital held an interesting talk on the current state of the Ukrainian M&A market. He spoke about the numerous investment opportunities opening up in Ukraine, noting that the mergers and acquisitions (M&A) market is recovering after a long period of turmoil. While industries such as technology, transportation, infrastructure, and agriculture are currently the most active, recovery needs are estimated at a whopping $1 trillion.
Rashchupkin also stressed that Ukraine's GDP is expected to grow by 3.5% in 2024, and there are positive indicators for further growth. Despite the war and ongoing related challenges, Ukraine has shown extraordinary resilience since the start of Russian aggression in 2022, with as many as 89% of businesses still operating.
Subscribe to newsletter
Fields marked with * It is necessary
