Instar’s expertise lies in the reform, Mergers & Acquisitions and strategic advice services. Since their establishment in 2004, the company has focused on small- and medium-sized companies. It has solid relationships with their clients, providing 24/7 involvement in projects and correlation of fees with direct financial benefits sets them apart from others in the market. As part of the Larive Group, Instar knows the ins and outs of doing business in Croatia and has the right contacts to guarantee a successful market entry.
We expect the new HDZ-Most coalition government to be somewhat more stable under the leadership of Andrej Plenkovic. Croatia significantly narrowed its fiscal deficit in 2015-16 and will exit the EU’s excessive deficit procedure this year. The record performance of the tourism sector, domestic demand and the country’s improved absorption of EU funds drove real GDP growth of 2.9% in 2016. We expect the external goods sector to improve its competitiveness and real GDP growth of 2.5% in 2017-21. (Source: The Economist Intelligence Unit 2017)