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Close to 30% of businesses have no employees in Croatia

Analysis

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Close to 30% of companies in Croatia did not have any employees in 2020 when of 139,009 businesses, 41,595 (29.9%) did not have workers, the Financial Agency (FINA) has said in a report cited by the HINA news agency.

A total of 37,865 of the 41,595 businesses without employees operated normally, 1,273 were undergoing liquidation, and 2,457 were undergoing bankruptcy proceedings.

A total of 17,438 businesses operated at a profit while 24,157 reported losses.

The share of businesses without employees in the total number of businesses was high, 29.9%, but it was small in relation to other positive indicators, with the share of businesses without employees in total revenue being 2.7%, in expenses 3.1%, pre-tax profit 7%, profit for the period 7.4%, exports 2% and investments 2.7%, FINA said.

Most of the businesses without employees operated in trade (8,280), followed by professional, scientific and technical activities (6,023) and construction (4,644). 

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