03.06.2026.
The Croatian Bank for Reconstruction and Development continues to provide strong financial support for the development of the Croatian economy, this time through a new financial instrument intended for investments in the sector of processing of agricultural products.
The President of HBOR's Management Board, Hrvoje Čuvalo, signed today a Financing Agreement with the Deputy Prime Minister of the Republic of Croatia and Minister of Agriculture, Forestry and Fisheries, David Vlajčić, and the Director of the Paying Agency for Agriculture, Fisheries and Rural Development, Nikola Dolački, which provided HBOR with EUR 18.6 million for the implementation of a loan programme intended to strengthen processing capacities and increase the added value of domestic agricultural production. The programme is expected to become operational in September.
The Agreement was signed as part of the presentation of new support programmes for agriculture and rural development. In addition to HBOR, the Financing Agreement was also signed with the Croatian Agency for SMEs, Innovations and Investments (HAMAG-BICRO), providing access to new financial instruments for farmers and processors in the total amount of EUR 47 million.
Through the loan programme, loans in the amount of EUR 200,000 to EUR 3 million will be made available, with the possibility of writing off up to 40 percent of the principal amount. The funds will be directed to investments in the processing sector, with the aim of strengthening competitiveness, modernising production, increasing the added value of domestic products and creating conditions for sustainable growth and development of rural areas.
“By combining EU funds and HBOR funds, we have created an instrument that not only provides access to finance for entrepreneurs, but also offers them an additional incentive for the realisation of development investments through the possibility of writing off a part of the loan principal. Such models enable the use of the available public funds for achieving a greater development effect. I believe that the programme will promote new investments in the processing of agricultural products, the modernisation of production and the strengthening of the competitiveness of the Croatian food processing industry. By approving direct loans to borrowers, HBOR will be their partner throughout the entire process of preparing and implementing their investments, and, therefore, I invite all interested entrepreneurs to take advantage of this opportunity and realise their projects," said Hrvoje Čuvalo, President of HBOR's Management Board.
David Vlajčić, Deputy Prime Minister of the Republic of Croatia and Minister of Agriculture, Forestry and Fisheries, pointed out that the Republic of Croatia was the first country in the European Union with designed loans and credits offering a write-off of principal of up to 50 percent under the Strategic Plan of the Common Agricultural Policy of the Republic of Croatia 2023 - 2027.
The signing of the Agreement is an important step in further strengthening the competitiveness of the Croatian agriculture and food industry. Through this instrument, HBOR will continue to promote investments that contribute to the modernisation of business, increase productivity and create a stronger domestic production base.
Further information about the main terms and conditions of the programme as well as criteria for capital discount can be found here:
Osnovni uvjeti proizvoda
Kriteriji za kapitalni rabat
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Ovaj dokument pripremljen je uz potporu Europske unije. Stavovi u dokumentu ne izražavaju službeno mišljenje Europske unije.
The Croatian Bank for Reconstruction and Development continues to provide strong financial support for the development of the Croatian economy, this time through a new financial instrument intended for investments in the sector of processing of agricultural products.
The President of HBOR's Management Board, Hrvoje Čuvalo, signed today a Financing Agreement with the Deputy Prime Minister of the Republic of Croatia and Minister of Agriculture, Forestry and Fisheries, David Vlajčić, and the Director of the Paying Agency for Agriculture, Fisheries and Rural Development, Nikola Dolački, which provided HBOR with EUR 18.6 million for the implementation of a loan programme intended to strengthen processing capacities and increase the added value of domestic agricultural production. The programme is expected to become operational in September.
The Agreement was signed as part of the presentation of new support programmes for agriculture and rural development. In addition to HBOR, the Financing Agreement was also signed with the Croatian Agency for SMEs, Innovations and Investments (HAMAG-BICRO), providing access to new financial instruments for farmers and processors in the total amount of EUR 47 million.
Through the loan programme, loans in the amount of EUR 200,000 to EUR 3 million will be made available, with the possibility of writing off up to 40 percent of the principal amount. The funds will be directed to investments in the processing sector, with the aim of strengthening competitiveness, modernising production, increasing the added value of domestic products and creating conditions for sustainable growth and development of rural areas.
“By combining EU funds and HBOR funds, we have created an instrument that not only provides access to finance for entrepreneurs, but also offers them an additional incentive for the realisation of development investments through the possibility of writing off a part of the loan principal. Such models enable the use of the available public funds for achieving a greater development effect. I believe that the programme will promote new investments in the processing of agricultural products, the modernisation of production and the strengthening of the competitiveness of the Croatian food processing industry. By approving direct loans to borrowers, HBOR will be their partner throughout the entire process of preparing and implementing their investments, and, therefore, I invite all interested entrepreneurs to take advantage of this opportunity and realise their projects," said Hrvoje Čuvalo, President of HBOR's Management Board.
David Vlajčić, Deputy Prime Minister of the Republic of Croatia and Minister of Agriculture, Forestry and Fisheries, pointed out that the Republic of Croatia was the first country in the European Union with designed loans and credits offering a write-off of principal of up to 50 percent under the Strategic Plan of the Common Agricultural Policy of the Republic of Croatia 2023 - 2027.
The signing of the Agreement is an important step in further strengthening the competitiveness of the Croatian agriculture and food industry. Through this instrument, HBOR will continue to promote investments that contribute to the modernisation of business, increase productivity and create a stronger domestic production base.
Further information about the main terms and conditions of the programme as well as criteria for capital discount can be found here:
Osnovni uvjeti proizvoda
Kriteriji za kapitalni rabat
Ovaj dokument pripremljen je uz potporu Europske unije. Stavovi u dokumentu ne izražavaju službeno mišljenje Europske unije.
