SMEs

Small and Medium Entrepreneurship

 

The main driving force of the development of each modern economy is small and medium entrepreneurship. Therefore, HBOR pays special attention to this segment of the economy.
Favourable terms and conditions of finance provide for the growth and development of legal entities that belong to the category of small and medium enterprises pursuant to the Act on the Promotion of Small Enterprises. This means that they employ less than 250 workers, they are independent in their business operation, their annual turnover amounts up to HRK 216,000.000, or their total assets (if they are subject to profits tax), or their fixed assets amounts up to HRK 108,000,000 (if they are subject to income tax).