Investment guide Ludbreg

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1 Investment guide Ludbreg 2015.

2 Town Ludbreg General information Location: The eastern part of northwestern Croatia The town area: 73,52 km² The number of residents: Population density per square km: 124,20 Number of settlements: 13 Basic information about Ludbreg Ludbreg is the regional center of the eastern part of Varaždin County in north Croatia. Benefits for the Town are arising from a good geopolitical position, good transport links, safe road infrastructure and rich cultural heritage. Ludbreg is one of the oldest settlements in Croatia with a rich historical heritage, a 600 years old shrine, and according to the local legend "Centrum Mundi" ie, Center of the world. Ludbreg is the economic center of the northwestern part of Croatia. Its development was based on the investments in SMEs and the manufacturing sector. In order to launch significant growth trends, it is necessary to mobilize existing and potential resources with new activities that are focused on creative economy and sustainable development. Region: Continental Croatia Distances from major cities: 25 km Varaždin 25 km Čakovec 90 km Zagreb 1090 km Berlin 388 km Vienna 230 km Ljubljana 460 km Belgrade

3 Benefits of a local environment The most important activity in the economy of Ludbreg is the manufacturing industry which generates the largest share of total income with 75% and employs the largest number of employees (72%). The biggest part of the entrepreneurs is registered in trade (33% of the total number ). The top 5 industries by number of employees are: 1. manufacture of corrugated paper and paperboard and containers of paper and paperboard 2. manufacture of glues and gelatine 3. production of cooling and ventilation equipment, non-domestic 4. manufacture of other fabricated metal product 5. manufacture of other electrical equipment The main strategic objectives to be achieved in Ludbreg are developed small and medium enterprises, improved quality of life and sustainable development in all segments. We want to: 1. improve and enhance business infrastructure 2. strengthen human resources in order to develop entrepreneurship 3. increase competitveness of the economy through production of value-added products Direct aproach and benefits for investors Adequate entrepreneurial infrastructure for sustainable development Good traffic connection and a favorable geographic position The existence of Strategy of development of Town Ludbreg and other strategic relevant documentation Long business tradition and many years of experience on cooperation with business partners in the region and abroad Existence of a network of small businesses, exporters Quality human resources and available manpower for laborintensive activities Investment in employee training programs Great opportunities for the development of continental tourism

4 Ludbreg as the economic center Business information Ludbreg has 172 companies, small and medium-sized enterprises and 188 crafts The economic structure of the City of the most common activity is the manufacturing industry with a total of 42 entrepreneurs Photo: Aleksandar Horvat Ludbreg is the economic center of the northwestern part of Croatia whose economical development is based on: - continuous investments in SMEs and crafts - mobilization of social and human capital - sustainable development Another advantage of the City's leading position is that its Entrepreneurs are the main exporters in the northwestern part of Croatia. The indicator of business success in Ludbreg is also an increase in exports by 11% in compared to year The main strategic objectives to be achieved in Ludbreg are developed SMEs, improved quality of life and sustainable development. So, in order to attract investors, Ludbreg has carried out a number of activities, such as enabling lower cost of land acquisition, exemption of payment for municipal contributions or company taxes. Within exemptions for Entrepreneurs the City issued a Decision on incentive measures for the development of Entrepreneurship which includes: 1. exemption from paying communal taxes: % (depending on the number of employees) 2. exemption of municipal contribution: 50% (depending on the number of employees) 3. tax exemption to businesses: 100% (from first to third year depending on the number of employees) Manufacturing sector brings together 15 industries and 42 registered companies with 1,556 employees Number of employees in enterprises is 2,029 Total revenues; mil kn Total expenditures mil kn Exports mil kn Import mil kn The trade balance mil kn Average monthly net salary per employee kn (cca. 450 ) In October 2015, there were 3,484 people employed

5 Possibility of investing in Ludbreg Business Zone Ludbreg Parts of the Business zone intended for investors are marked in purple and pink; aka. Construction area for commercial purposes The Business Zone has an important geo-strategic position since it is located close to all major transport routes. It extends over an area of 81 hectares, with the: 1. built area: 55ha 07a 65m² % 2. undeveloped area 25 ha 91a 52m² % (undeveloped surface area available for entrepreneurs is about 19 ha) Main activities in the Zone are: manufacture of corrugated paper and paperboard and containers of paper and paperboard manufacture of glues and gelatine production of cooling and ventilation equipment manufacture of electrical equipment manufacture of capsules production of LED lighting other production and processing and service activities The Business zone is divided into 2 segments; East and West part

6 The East part of the Zone The eastern part of the Zone has a total area of 28ha 39a 97m² and is located along the state rode D2. It includes developed and undeveloped areas intended for economic activity. The Eastern part of the Business zone consists of 2 segments: 1. Part along the state road D2 (eastern and northern of the road) has 16ha 68a 32m² the completed part of the Zone is 15ha74a 35m² the available area for Entrepreneurs is about 90a 2. Part along the state road D2 (western and southern part of the road) has 11ha 71a 65m². the completed part of the Zone is 7ha 58a 01m² the available surface intended for Entrepreneurs is about 2 hectares The main objectives are: creating jobs creating opportunities for innovative investment creating a favorable business climate in the Region encouraging the development of Small and medium enterprises overall development of local communities

7 The West part of the Zone The western part of the Zone has a total area of 16ha 68a 32m² and it is located along the State rode D2. It includes developed and undeveloped areas intended for economic activity. The western part of the Business zone consists of: 1. The part northern of the railway line: covers an area of 12ha 36a 12m² available area for Entrepreneurs is 10 ha 2. The part southern of the railway line: The part has 2 segments: Segmet 1. between the Railway and Frankopanska Street the available surface intended for Entrepreneurs is about 2 hectares the part has an area of 9ha 97a 63m² the completed part is 8ha 36a 56m² available area for Entrepreneurs is about 1 hectare Segment 2. between Frankopanska Street and State Road D24 the part has an area of 30ha 25a 45m² the completed part is 22ha 57a 57m² available area for Entrepreneurs is about 5 ha

8 Information about the Business zone Business zone Ludbreg extends over an area of 81 hectares Near the zone is the railway line and the A4 motorway Zagreb- Goričan is only 15 km away Potential investors, who choose to do business in Ludbreg, will be able to use different stimulus to increase the competitiveness of companies, SMEs or crafts. The stimulus are: reduced municipal contributions reduced utility charges reduced taxes on business reduction of cost for entrepreneurs to purchase land and infrastructure sales of plots with deferred payment or loan Benefits for the investors who are investing in Town projects: subsidizing 1-2% interest rate on business loans 25% -100% exemption from payment of utility charges 100% tax exemption on the company in a period up to 3 years 50% exemption from payment of municipal contributions reduced cost of land and infrastructure for businesses at purchasing a parcel sales of plots at deferred payments or loans use services of Business incubator and "Business Development Centre Ludbreg" Utility infrastructure in the Zone: electricity supply gas supply drainage and sewage road infrastructure public lighting telecommunication cables Opis slike ili grafike. The Business Zone Ludbreg successfully includes 37 businesses Investors can use the equipped communal infrastucture at a price of 15 eur / m² Deadlines for obtaining the documentation for building: 30 days Construction costs: per m² Labour costs: The minimum gross salary kn (cca. 400 ) Value added tax - 25% Income tax 20% Surtax (Town Ludbreg) - 8% Business Day / Week is 8/40 hours (includes daily break of 0.5 hours) Page 2

9 The Center for Entrepreneurship Development Ludbreg d.o.o. General information about the Business incubator Total area available for entrepreneurs: m2 Current number of entrepreneurs: 5 Current number of employees: 6 Planned number of employees: 18 Town Ludbreg has started to implement the project The Center for Entrepreneurship Development Ludbreg. This is a strategic project that is beeing developed in collaboration with the Business Incubator from Koprivnica and relevant authorities on the national level. The goal is to inform and strenghten interested stakeholders about the business opportunities that are offered in Ludbreg, whether it concerns innovative technologies, craft projects, computer or related IT sciences. The goal will be achived through the activities of the Business Incubator, one of the main accelerator of economical growth in Ludbreg area. Services: Rental of office space and equipment at subsidized prices Education and technical services for entrepreneurs provide mentoring services to entrepreneurs Services that the Incubator provides are: favorable rents for offices and work spaces subsidized rental prices IT services (web design, web pages, 3D printer, graphic design, marketing tools...) consultation on project and business ideas and project implementation/management the ability to use a VIRTUAL INCUBATOR business, technical and educational services for seminars and training for entrepreneurs consulting services development of Internet applications and software solutions Professional assistance in business development Expert assistance on the placement of products on the market Realization of investments and capital projects Co-working space and society

10 Other benefits for interested Investors or Stakeholders Photo: Aleksandar Horvat Benefits for investors in urban projects: developed urban town facilities and preserved natural environment possibility of investing in projects for different purposes (industrial and business zones, residential - commercial zones, sport and recreation, energy efficiency projects, religious cultural tourism ) assistance in preparing documentation and obtaining the necessary permits (building, registration of a company or business) assistance in project management and project implementation Advantages for investors who invest in tourist facilities and capacities: natural resources and preserved ecosystem possibility of development of organic agriculture possibility of development of tourism through all four seasons combination of cultural, sports and gastronomic facilities Ludbreg is s part of various cultural routes (historic castles, palaces, pilgrimage routes, archaeological sites ) near Zagreb, Slovenia and Hungary expert assistance in the implementation of programs and projects from various backgrounds

11 Contact information Adress: Town Ludbreg Trg Svetog Trojstva Ludbreg, Croatia TEL: FAX: E- mail: Mayor:

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