RESTRICTEDWORLD TRADE
ORGANIZATIONWT/ACC/HRV/51
2 June 1999
(99-2203)
Working Party on the
Accession of CroatiaOriginal:  English
ACCESSION OF CROATIA
Questions and Replies
Question 1.
We would appreciate a report from Croatia on actions it has taken since the last meeting to
address the deficiencies identifi ed by Working Party delegations and an updated status report
on the draft legislation provided to the Working Party.
Reply
An updated status report on draft legislation is provided in this document specifically for each
area.
Question 2.
We would also appreciate information from Croatia concerning the disposition of IPR
violations.  These involve the transmission with out license of television and motion picture
material. We cannot agree that Croatia is in compliance with the TRIPS agreement until we are
satisfied that TRIPS consistent treatment is being given in these cases. We would also appreciate
additional comments from Croatia addressing any improvements it is making to the generally
difficult IPR enforcement problem in that country.
Reply
Concerning the disposition of IPR implementation, we would like to state the following:
- The Government of Croatia recognizes the importance of covering all broadcasted TV
programme with due licenses to the copyright holders. Therefore, Croatia commits itself tofind a proper solution by the end of June 1999, for the licenses that are claimed by a
negotiating delegation for the Croatian Television (HRT) broadcasting spillovers to the
neighbouring Bosnia and Herzegovina. We invite interested motion picture and television
material distributing companies to address HRT with concrete requests on that issue as soon
as possible.
- As to the concerns expressed by a member over the IPR violation in case of relations between
the Euro Broadcasting Corporation (EBC), Ne w York and the Croatian TV broadcasting
company MREŽA, we have obtained the informa tion and opinions of the competent agencies,
and established that the EBC has filed a civil complaint against MREŽA in the CommercialCourt in Zagreb. The very fact that this IPR issue has been brought in front of court
authorities in Croatia proves Croatia’s readiness to deal with all IPR infringements according
to legal procedures in force. The Government of  Croatia shall urge the court to deal with the
matter as speedily as possible, this being the only possible step for the Government at this
stage, having in mind the principle of the tripartite division between legislative, executive andjudiciary power. The Government of Croatia firmly holds its commitments and obligations
stemming from the relevant WTO agreements and the Memorandum of UnderstandingWT/ACC/HRV/51
Page 2
Concerning Protection of Intellectual Property Rights, signed by the Croatian and the U.S.
authorities on 26 May 1998.
We would like to stress that the both above mentioned cases were not brought to the attention
of the Croatian competent authorities by copyright holders at an early stage of IPR violation, but they
were raised later in Croatia’s WTO accession process. The Government of Croatia and its competentauthorities commit themselves to pursue the protection of the rights of copyright holders on ex officio
basis whenever they are dully informed of a possible IPR violation, without waiting for a court
procedures to be filed by the IPR holders.
Question 3.
Following are, from our standpoint, the outstanding areas where Croatia must enact legislation
to complete the accession:
(a) establishment of the enquiry points and publication requirements in WTO Agreements,
for TBT, SPS, and GATS;
(b) implementation of the WTO Agreement on Customs Valuation
(c) implementation of the WTO Agreement on Import Licensing Procedures(d) implementation of the WTO Agreement on Technical Barriers to Trade(e) implementation of the WTO Agreement on Sanitary and Phytosanitary Measures(f) implementation of the WTO Agreement on Trade-related Aspects of Intellectual
Property Rights
(g) elimination of discriminatory excise taxes and quantitative restrictions on imports(h) implementation of the WTO Agreements on Antidumping, Subsidies and countervailing
Measures, and Safeguards.
Reply
General comment
Croatia has repeatedly declared that all legislation would be in place by the end of June 1999,
thus ensuring full compliance with all WTO agreements well before the formal completion of its
accession process. Therefore, we accept the indication of the outstanding areas as an important roadmap of the remaining Croatia’s obligations in the systemic area. We shall further elaborate on each
particular area of the WTO agreements implementation in this document. Our general remark would
call for an approach that would judge Croatia’s WTO compliance according to the quality of enacted
legislation. Such a request stems from all relevant WTO provisions, and it represents a clear
obligation to be put in front of each and every acceding country, rather than insisting on having
complete implementation process evaluated, that could prolong any accession process beyond time
limits and obligations foreseen in the WTO provisions.
Reply (a)
The Enquiry point for technical regulations and standards in accordance with the WTO
Agreement on Technical Barriers to Trade and the Agreement on Sanitary and Phytosanitary
Measures has been established within the State Office for Standardization and Metrology. That
Enquiry Point has been established as of 10 October 1998. The Decision of the Government ofWT/ACC/HRV/51
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Croatia establishing that Enquiry Point and dated 24 September 1998, has been submitted to the WTO
Secretariat prior to the informal Working Party meeting held on 4 May 1999.
By the end of May 1999, the Government of Croatia shall adopt a decision establishing an
Enquiry Point in accordance with Article III paragraph 4 of the General Agreement on Trade in
Services. That Enquiry Point shall be established in the Ministry of Economy. A draft text of theGovernmental decision on the GATS Enquiry Point is attached to this Document.
With regard to publication requirements in WT O Agreements we would like to refer to the
information and commitments provided by Croatia in the Draft Report (WT/ACC/SPEC/HRV/7)
stating that the transparency of Croatian laws and other regulations is ensured through obligatory
publication of all laws and regulations in the Croatian Official Gazette "Narodne Novine".  Law
grants that no measure can be applied before it is published. In general, a law enters into force 8 daysafter it is published in the Official Gazette, unless a longer period for its entry into force is stipulated.
All the amendments and changes in laws and regulations are also published in Official Gazette to
enable all interested persons (companies) to get acquainted with them. Furthermore, TBT measures,
draft standards are published in the Office Journal of the State Office for Standardization and
Metrology allowing 30 days for comments and remarks of the public. The Croatian Government hasadopted the Regulation on methods and procedures of issuing technical regulations prescribing quality
and health requirements as a referral point for SPS control of these item. The Official Gazette
"Narodne Novine" is available on Internet ( www.nn.hr) .
In addition, we would like to stress that  all laws and regulations related to trade would be
published in the Official Gazette "Narodne novine" promptly and no law or regulation related to
international trade would become effective prior to such publication. Croatia will fully implement
Article X of the GATT 1994 and the other transpar ency requirements in WTO Agreements requiring
notification and publication, including those in Agreements on TBT, SPS and GATS.
Reply (b)
The new Croatian Customs Law which regulates inter alia the implementation of the
provisions of the WTO Agreement on Implementa tion of the Article VII of GATT 1994, will be
adopted by the Croatian Parliament by 30 June 1999 and shall be applied as of 1 January 2000.However, the provisions of the new Customs Law related to customs valuation and the accompanying
"Customs Regulation for Determining the Customs Value" would be implemented as of July 1999
thus prior to accession. Attached to this document is the integral version of the draft Customs Law.
Additionally, the draft of the implementing "Customs Regulations for Determining the Customs
Value" is also submitted herewith and we urge the WP members to give their comments and remarks,
if any, as soon as possible.
Reply (c)
As mentioned in previous documentation, espe cially in doc. WT/ACC/HRV/25 - Information
on Import Licensing Procedures, Croatia applies import licensing procedures in compliance with the
respective WTO Agreement. Furthermore, the Croatian Government abolished monitoring importlicences for combine harvesters and iron tubes and bars. The import licensing regime is still applied
for the import of iron tubes and bars from non-WTO members.
Also, Croatia still applies import licensing system for used agriculture tractors older than five
years. This system is not intended to protect domestic output, because, if this was the case, thenCroatia would apply licensing procedure for new tractors which are produced in Croatia or would
maintain high tariff protection for used tractors. The present tariff rate for used tractors is five percent,
and the implementation of import licensing is in full conformity with Agreement on Import Licensing
Procedures, the licences are issued on automatic basis upon the request of trader (legal person) orWT/ACC/HRV/51
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natural person. The only criteria for issuing import license to trader, when it is imported for the first
time, is a guarantee that the spare parts and service will be ensured. The only criteria for issuing
import licence to natural persons – farmers, is that the imported tractors are intended for their own use
and not for further wholesale or retail sale.
The texts of the Decision on Goods Subject to Import and Export Licenses which was adopted
by the Croatian Government and the amendments thereof have been submitted to the WTO
Secretariat.
Replies (d) & (e)
The reply to this question is provided in this document under "Standards and certification"
and "Technical barriers to Trade and Sanitary and Phytosanitary Measures"
Reply (f)
In order to fully adjust its intellectual property regime to the provisions of the WTO
Agreement on Trade-related Aspects of Intellectual Property Rights, Croatia needs to adopt thefollowing outstanding legislation: the Patent Law, the Trademark Law, the Industrial Design Law, the
Law on Layout of Integrated Circuits, the Law on Geographical Indications and the Law on
Amendments to the Copyright Law. This whole legislative package has passed the first reading in the
Croatian Parliament and will be adopted and consequently implemented by 30 June.
Replies (g) & (h)
The reply to this question is provided in th is document under the headings "Application of
Internal Taxes to Imports"; "Safeguards, Antidumping and Countervailing Measures " and under
"Quantitative Import Restrictions, Including Prohibitions, Quotas and Licesing Systems".
I. ECONOMIC POLICIES
State Ownership and Privatization
Question 4.Croatia needs to review this section of document WT/ACC/SPEC/HRV/7 with a view to
improving the scope of information given on “privatization” and the conversion of “socially
owned” firms to private ownership.  The text as it stands does not give a full picture of current
ownership patterns.
Please provide information on what sort of firms have been privatized, e.g. retail services,
manufacturing, agricultural processing; the nature of the firms remaining in state or other non-
private forms of ownership; and the portion of Croatia’s trade and economic activity that is
represented by these non-privatized holdings.WT/ACC/HRV/51
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Reply
Selected Enterprise Indi cators by sector (1992-1999)
Enterprises in privatization Privatized Enterprises Nonprivatized Enterprises Enterprises in liquidation and
bankruptcies
Sector No. Equity (DEM) % of total
equity included
in privatizationNo. Equity (DEM) % of
sector's
EquityNo. Equity (DEM) % of
sector's
EquityNo. Equity (DEM) % o f
sector's
Equity
Industryand mining807 11.422.388.209 44,70 658 8.932.027.911 78,20 68 1.883.817.247 16,49 106 606.543.051 5,31
Agriculture
and fishing249 2.001.849.648 7,83 196 1.048.914.286 52,40 26 652.687.931 32,60 27 300.247.431 15,00
Constructi
on297 1.185.996.138 4,64 242 903.996.519 76,22 28 139.153.518 11,73 27 142.846.100 12,04
Trade 513 4.487.864.122 17,56 433 4.087.737.546 91,08 41 229.970.803 5,12 39 170.155.773 3,79
Tourism
andcatering241 4.395.917.337 17,20 203 4.220.684.494 96,01 32 168.929.018 3,84 6 6.303.824 0,14
Housing
construction andutilities194 221.338.662 0,87 180 196.192.095 88,64 7 3.301.666 1,49 7 21.844.900 9,87
Communal
utilities36 34.612.220 0,14 33 32.882.020 95,00 3 1.730.200 5,00
Financial
and otherservices359 1.577.084.863 6,17 325 1.232.295.514 78,14 25 305.378.451 19,36 9 39.410.898 2,50
Education,
culture andpublishing89 210.391.650 0,82 75 178.265.028 84,73 11 28.889.422 13,73 3 3.237.200 1,54
Health and
social care15 17.762.015 0,07 13 16.367.300 92,15 2 1.394.715 7,85
Total 2.825 25.555.204.865 100,00 2.358 20.849.362.714 81,59 243 3.415.252.973 13,36 224 1.290.589.177 5,05
Note: non-commercialized Enterprises are not included in table. No. of Enterprises covered by Transformation Law = 2.950
Note:
“Privatized enterprises” means the companies in which the ownership of the State not exceeds 50%.
The percentage refers to the share of private ownership. “Non-privatized” means still government
controlled, and the percentage refers to the share of private ownership. Liquidations and bankruptciesare stated in percentages in relation to each total activity.WT/ACC/HRV/51
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Total equity of enterprises included in proces of privatization (by sector - 30.06.1992.)
Agriculture and fishing
8%Industy and mining
44%
Construction
5%Trade
18%Tourism and
 catering
17%Health and social care
0%Education, culture and publishing
1%
Housing construction and utilities
1%Financial and other services
6%
Comunal utilites
0%
65868196262422843341203321807333325257511132
0 100 200 300 400 500 600 700Industy and miningAgriculture and fishingConstructionTradeTourism and cateringHousing construction and utilitiesComunal utilitesFinancial and other servicesEducation, culture and publishingHealth and social careNumber of privatized and nonprivatized Enterprises (by sector - 1999.)
Privatized Enterprises         Nonprivatized EnterprisesWT/ACC/HRV/51
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Data on residual Croa tian Privatization Fund Portfolio:
UP TO 25% IN CROATIAN PRIVATIZATION FUND PORTFOLIO
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
1 DP JAVORNIK MAZIN INDUSTRY 2.184.600,00 21.846,00 1.00
3 JADROAGENT RIJEKA INDUSTRY 52.048.999,00 547.580,00 1.05
4 UNIJA-METALI ZAPREŠI Ć INDUSTRY 20.429.613,20 216.600,00 1.06
5 DOMUS RIJEKA TRADE 54.298.960,00 574.180,00 1.06
6 AGROSERVIS VIROVITICA CRAFT 10.824.000,00 116.100,00 1.07
7 GRAMAT-LORIS ZAGREB TRADE 13.916.740,00 149.340,00 1.07
8 TERMOMEHANIKA SESVETE INDUSTRY 35.359.000,00 383.800,00 1.09
9 GLAS SLAVONIJE OSIJEK PUBLISHING, EDUCATION &
CULTURE14.971.800,00 164.400,00 1.10
10 JADRANKA, ZADAR ZADAR INDUSTRY 2.609.148,40 28.880,00 1.11
11 VISMA ZAGREB INDUSTRY 2.386.400,00 26.600,00 1.11
12 GP DUBROVNIK DUBROVNIK CONSTRUCTION 49.897.800,00 567.340,00 1.14
13 BAKARSKA TISKARA BAKAR CRAFT 1.499.480,00 17.100,00 1.14
14 AGROPRERADA IVANI Ć-GRAD AGRICULTURE 33.756.217,00 389.120,00 1.15
15 EUROSTAR TRAVEL ROVINJ TOURISM & CATERING &
CATERING4.126.800,00 47.880,00 1.16
16 STOLARIJA MAKARSKA CRAFT 2.269.360,00 26.600,00 1.17
17 SPLENDID, ZAGREB ZAGREB TOURISM & CATERING 30.400.380,00 359.860,00 1.18
18 ATLAS TURISTI ČKA
AGENCIJADUBROVNIK TOURISM & CATERING 171.824.600,00 2.037.940,00 1.19
19 GORAN DELNICE CONSTRUCTION 7.763.400,00 93.480,00 1.20
20 CROATIA-BUS GAREŠNICA TRANSPORT &
COMUNICATIONS3.990.000,00 48.640,00 1.22
21 VISO ČICA GOSPI Ć TRADE 11.515.520,00 142.120,00 1.23
22 MODNA KONFEKCIJA ZAGREB INDUSTRY 25.241.120,00 319.960,00 1.27
23 KVARNER PUNAT TRADE 16.279.580,00 209.760,00 1.29
24 PRERADA SPLIT INDUSTRY 166.956.800,00 2.151.560,00 1.29
25 NAMA OSIJEK TRADE 36.296.840,00 470.060,00 1.30
26 NAPREDAK, ZADAR ZADAR CONSTRUCTION 2.829.480,00 36.844,80 1.30
27 HOTEL BELVEDERE DUBROVNIK TOURISM & CATERING 132.650.400,00 1.728.620,00 1.30
28 TVORNICA CEMENTA
KOROMA ČNOKOROMA ČNO INDUSTRY 403.436.400,00 5.466.100,00 1.35
29 SAMOBOR-METAL SAMOBOR INDUSTRY 7.197.200,00 96.900,00 1.35
30 HTC DUBRAVA-BABIN
KUKDUBROVNIK TOURISM & CATERING 529.503.000,00 7.212.300,00 1.36
31 PREHRANA, SPLIT SPLIT TRADE 49.381.000,00 674.500,00 1.37
32 VETERINARSKA
STANICA VIROVITICAVIROVITICA AGRICULTURE 832.215,20 11.464,60 1.38
33 SVINJOGOJSKI
RASPLODNI CENTARVINKOVCI AGRICULTURE 16.677.649,00 231.800,00 1.39
34 KAMENAR ŠIBENIK HEALTH & SOCIAL CARE 2.064.642,60 28.880,00 1.40
35ČESMA BJELOVAR INDUSTRY 73.082.100,00 1.020.900,00 1.40
36 RIZ INFOTEHNA ZAGREB TRADE 3.405.300,00 47.700,00 1.40
37 AGROOPREMA-ZAGREB ZAGREB TRADE 21.579.922,60 302.860,00 1.40
39 ISTARSKA CIGLANA CEROVLJE INDUSTRY 12.305.540,00 173.280,00 1.41
40 VELEBIT-TRGOVINA ZAGREB TRADE 8.118.700,00 114.760,00 1.41
41 KONFEKCIJA DRNIŠ DRNIŠ INDUSTRY 7.560.000,00 106.800,00 1.41
42 TEHNIKA, BJELOVAR BJELOVAR INDUSTRY 10.885.860,00 156.940,00 1.44
44 NAŠA DJECA, ZAGREB ZAGREB INDUSTRY 1.292.969,00 19.000,00 1.47
45 ELEKTROCOMMERCE,
ZAGREBZAGREB TRADE 6.703.200,00 98.800,00 1.47
46 GRADIP VRBOVEC INDUSTRY 21.319.900,00 317.300,00 1.49
47 BRODOGRADILIŠTE,
CRESCRES INDUSTRY 11.368.460,00 172.900,00 1.52
48 RIZ-TVORNICA
ODAŠILJA ČAZAGREB INDUSTRY 51.642.805,60 802.180,00 1.55
49 DUBROVNIK SHOPPING
CENTERSDUBROVNIK TRADE 125.369.600,00 1.984.360,00 1.58
50 JADRO SPLIT HEALTH & SOCIAL CARE 9.166.360,00 144.400,00 1.58
51 AUTOMEHANIKA,
KARLOVACKARLOVAC CRAFT 9.285.300,00 146.300,00 1.58WT/ACC/HRV/51
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NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
52 SPORTSKA ODJE ĆA NOVSKA INDUSTRY 8.968.000,00 142.880,00 1.59
53 HRVATSKA AUTORSKA
AGENCIJAZAGREB FINANCE & OTHER 1.952.440,00 31.160,00 1.60
54 GRA ĐEVNO, VRGORAC VRGORAC CONSTRUCTION 4.713.174,20 76.000,00 1.61
55 LIMORAD ZAGREB CONSTRUCTION 771.780,00 12.540,00 1.62
56ĐURO SALAJ VINKOVCI INDUSTRY 3.512.340,00 57.380,00 1.63
57 MEDITERANSKA
PLOVIDBAKORČULA TRANSPORT &
COMUNICATIONS59.327.792,60 975.460,00 1.64
58 RIJEKACESTA RIJEKA CONSTRUCTION 47.849.980,00 806.360,00 1.69
59 VODOINSTALATERI ČAKOVEC CONSTRUCTION 1.328.214,00 22.420,00 1.69
60 SPLENDID, RIJEKA RIJEKA TOURISM & CATERING 18.461.243,60 313.120,00 1.70
61 VELEPROMET OTO ČAC TRADE 3.308.280,00 57.000,00 1.72
62 KRK KRK CONSTRUCTION 22.059.760,00 379.620,00 1.72
63 VRANJICA-BELVEDERE VRANJIC TOURISM & CATERING 31.638.800,00 549.480,00 1.74
64 BETON, ZADAR ZADAR INDUSTRY 2.075.560,00 36.100,00 1.74
65 VETERINARSKA
STANICA SISAKSISAK AGRICULTURE 4.230.023,20 74.974,00 1.77
66 KOMISIONAR OSIJEK FINANCE & OTHER 1.169.260,00 20.835,40 1.78
67 AGRARIA RIJEKA TRADE 4.233.200,00 76.000,00 1.80
68 OZEHA ZAGREB FINANCE & OTHER 12.037.640,00 219.070,00 1.82
69 ASTRA DUBRAVKA DUBROVNIK INDUSTRY 6.574.800,00 119.700,00 1.82
70 KA ČIĆ ŠIBENIK INDUSTRY 5.879.983,20 107.540,00 1.83
71 KAPLAST KARLOVAC INDUSTRY 8.564.820,00 157.320,00 1.84
72 HTP PLAT DUBROVNIK TOURISM & CATERING 74.956.900,00 1.383.580,00 1.85
73 OBNOVA, SPLIT SPLIT CONSTRUCTION 17.191.200,00 323.000,00 1.88
74 ZAVOD ZA ZAVAR.I
METALNEKONSTRUKCIJEZAGREB CRAFT 4.687.197,40 88.160,00 1.88
75 SLJEMETRANS SESVETE TRANSPORT &
COMUNICATIONS12.699.436,60 244.340,00 1.92
76 VETERINARSKA
STANICA VARAŽDINVARAŽDIN AGRICULTURE 8.017.468,00 155.040,00 1.93
77 PRERADA BJELOVAR INDUSTRY 61.501.480,00 1.188.260,00 1.93
78 ME ĐIMURJE MEDIT ČAKOVEC INDUSTRY 900.600,00 17.670,00 1.96
79 PLOBEST PLO ČE INDUSTRY 36.086.700,00 712.500,00 1.97
80 HTP SUMRATIN -
ZAGREBDUBROVNIK TOURISM & CATERING 21.534.600,00 425.600,00 1.98
81 ZAK ŠIBENIK CONSTRUCTION 804.011,60 15.960,00 1.99
82 ELEKTROMETAL OSIJEK CONSTRUCTION 7.753.900,00 155.800,00 2.01
83 BRODOGRADILIŠTE
KRALJEVICAKRALJEVICA INDUSTRY 208.042.400,00 4.214.960,00 2.03
84 NAPREDAK, ORAHOVICA ORAHOVICA TRADE 6.207.600,00 126.800,00 2.04
85 GRADITELJ, DUGA RESA DUGA RESA CONSTRUCTION 2.601.480,00 53.200,00 2.04
86 JEDINSTVO, ZAGREB ZAGREB INDUSTRY 281.900.237,40 5.790.060,00 2.05
87 LIČILAC-GORICA DUBROVNIK CONSTRUCTION 3.750.980,00 76.760,00 2.05
88 TEHNOMEHANIKA MARIJA
BISTRICAINDUSTRY 25.365.000,00 525.160,00 2.07
89 UNIJA-PROMET ZAGREB TRADE 10.302.073,60 212.800,00 2.07
90 VETERINARSKA
STANICA OPATIJAOPATIJA AGRICULTURE 634.980,00 13.383,60 2.11
91 IVAKARTON IVANI Ć-GRAD INDUSTRY 10.427.564,80 229.900,00 2.20
92 ZADARSKA TISKARA ZADAR INDUSTRY 8.273.276,40 182.400,00 2.20
93 POLJOOPSKRBA-
BILOGORABJELOVAR AGRICULTURE 11.529.200,00 255.300,00 2.21
94 MUZI ČKA NAKLADA ZAGREB TRADE 13.007.992,80 288.800,00 2.22
95 TEHNOPUBLIC ZAGREB CONSTRUCTION 2.082.400,00 46.360,00 2.23
96 HOTELSKO PODUZE ĆE
MAKARSKAMAKARSKA TOURISM & CATERING 171.953.600,00 3.832.000,00 2.23
97 PROIZVODNJA I
PRERADA MESA
VIROVITICAVIROVITICA INDUSTRY 9.354.627,20 215.840,00 2.31
98 DELTA, RIJEKA RIJEKA TRADE 7.355.660,00 172.900,00 2.35
99 GRADNJAINVEST ZAGREB CONSTRUCTION 3.108.400,00 76.000,00 2.44
100 MPT METKOVKA METKOVI Ć INDUSTRY 24.365.600,00 606.100,00 2.49
101 PROGRES JASTREBARSKO INDUSTRY 57.197.600,00 1.428.040,00 2.50
102 CROATIA-BUS ZAGREB TRANSPORT &
COMUNICATIONS91.049.140,00 2.280.000,00 2.50WT/ACC/HRV/51
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NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
103 PPP KUPLJENOVO KUPLJENOVO INDUSTRY 4.770.140,00 120.460,00 2.53
104 POLJOPRIVREDA
SUHOPOLJESUHOPOLJE AGRICULTURE 49.407.600,00 1.269.200,00 2.57
105 UNIONDRVO ZAGREB TRADE 1.537.506,60 39.580,80 2.57
106 ELAK ĐURĐEVAC INDUSTRY 12.815.880,00 330.220,00 2.58
107 TEHNOPLAST SVETA NEDJELJA INDUSTRY 3.203.400,00 83.980,00 2.62
108 TRGOVINA, VRGORAC VRGORAC TRADE 8.264.756,80 218.500,00 2.64
109 ORTOPEDIJA, RIJEKA RIJEKA CRAFT 1.259.320,00 33.440,00 2.66
110 MAŠINOIMPEX ZAGREB TRADE 37.230.500,00 995.600,00 2.67
111 ŽELJEZARA SISAK SISAK INDUSTRY 1.812.261.800,00 48.409.340,00 2.67
112 VO ĆARSKO-
VINOGRADARSKASTANICAZAGREB AGRICULTURE 4.817.898,40 129.580,00 2.69
113 MALOPRODAJA SLATINA TRADE 4.075.500,00 112.100,00 2.75
114 HP PODGORA PODGORA TOURISM & CATERING 139.175.000,00 3.887.020,00 2.79
115 ISTRAGRADNJA PULA CONSTRUCTION 13.647.700,00 386.460,00 2.83
116 ADRIATRIKO CRES INDUSTRY 935.560,00 26.980,00 2.88
117 GRADSKI PODRUM ZAGREB TOURISM & CATERING 10.580.047,40 307.420,00 2.91
118 CENTAR ZA ISTRAŽ. I
RAZVOJ NEMETALAZAGREB FINANCE & OTHER 4.408.000,00 128.060,00 2.91
119 HEPLAST-2 PRELOG INDUSTRY 8.987.760,00 262.200,00 2.92
120 VETERINARSKA
STANICA IVANECIVANEC AGRICULTURE 815.860,00 23.943,80 2.93
121 TIPO OROSLAVJE INDUSTRY 30.647.000,00 900.600,00 2.94
122 HOTELSKO PODUZE ĆE
TUČEPITUČEPI TOURISM & CATERING 135.280.200,00 4.004.000,00 2.96
123 ZAVOD ZA
PROJEKTIRANJESISAK FINANCE & OTHER 664.791,00 19.760,00 2.97
124 GRANIT ČAZMA CONSTRUCTION 2.494.700,00 74.480,00 2.99
125 ZORA, ŽUPANJA ŽUPANJA INDUSTRY 3.657.120,00 109.820,00 3.00
126 RAD, TROGIR TROGIR INDUSTRY 8.395.340,00 254.600,00 3.03
127 KRZNO ZAGREB INDUSTRY 8.811.474,20 267.900,00 3.04
128 TRANŠPED, ZAGREB ZAGREB FINANCE & OTHER 2.728.400,00 83.600,00 3.06
129 CROATIATRANS-
PAKRACPAKRAC TRANSPORT &
COMUNICATIONS2.508.760,00 77.140,00 3.07
131 ILOVA HERCEGOVAC TRADE 2.947.006,40 92.720,00 3.15
132 FARMA SENKOVAC SLATINA AGRICULTURE 61.875.400,00 1.955.860,00 3.16
133 PONOS ZAGREB INDUSTRY 4.367.169,00 137.940,00 3.16
134 LABINKOMERC LABIN TRADE 50.821.200,00 1.622.600,00 3.19
135 HP OSIJEK OSIJEK TOURISM & CATERING 26.421.400,00 843.600,00 3.19
136 DUBRAVICA DUBRAVICA AGRICULTURE 46.527.359,60 1.516.960,00 3.26
137 SISTEM SERVIS SPLIT CRAFT 2.396.922,20 78.508,00 3.28
138 OPREMA-PROMET I
USLUGELUDBREG FINANCE & OTHER 1.178.000,00 38.630,80 3.28
140 KINO-ŠIBENIK ŠIBENIK PUBLISHING, EDUCATION &
CULTURE2.631.880,00 88.540,00 3.36
142 ELEKTROKOMERC, SPLIT SPLIT TRADE 4.751.900,00 159.600,00 3.36
143 PRVO DALMATINSKO
IND. PODUZE ĆEDUBROVNIK INDUSTRY 29.418.000,00 994.000,00 3.38
144 FOTO ZAGREB TRADE 12.206.740,00 416.480,00 3.41
145 SLADIS RIJEKA TOURISM & CATERING 13.856.943,20 480.817,80 3.47
146 GRADINE PULA FINANCE & OTHER 4.191.377,20 145.920,00 3.48
147 INDUSTROMONT ZAGREB INDUSTRY 1.311.000,00 45.600,00 3.48
148 BUJE-EXPORT, BUJE BUJE TRADE 10.598.200,00 368.600,00 3.48
149 MLJEKARA, SPLIT SPLIT INDUSTRY 23.068.280,00 811.680,00 3.52
150 ZAVOD ZA KRUMPIR
STARA SUŠICARAVNA GORA FINANCE & OTHER 3.408.600,00 120.080,00 3.52
151 PNM ME ĐIMURJE ČAKOVEC PUBLISHING, EDUCATION &
CULTURE991.252,80 34.960,00 3.53
152 TRANSPORT VINKOVCI TRANSPORT &
COMUNICATIONS5.700.000,00 201.400,00 3.53
153 POGREBNO PODUZE ĆE
ZAGREBZAGREB HOUSING & COMMUNAL
SERVICES9.628.569,20 342.000,00 3.55
155 VINKO ALJINOVI Ć
(LIPOST)SPLIT CRAFT 476.140,00 17.100,00 3.59
156 JATRA SPLIT TRADE 7.814.700,00 283.100,00 3.62
157 GRADITELJ, KRAPINA KRAPINA CONSTRUCTION 8.966.685,20 326.800,00 3.64WT/ACC/HRV/51
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NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
158 ELEKTROMEHANIKA,
RIJEKARIJEKA CRAFT 8.155.769,00 297.608,40 3.65
159 JADRAN UP GOSPI Ć TOURISM & CATERING 3.733.500,00 136.800,00 3.66
160 RIBOPROMET DARUVAR TRADE 871.720,00 32.680,00 3.75
161 AUTOBUSNI KOLODVOR KARLOVAC TRADE 5.776.000,00 217.360,00 3.76
162 CHROMOS-TVORNICA
SMOLAZAGREB INDUSTRY 40.876.600,00 1.535.200,00 3.76
163 HRAST ČAKOVEC INDUSTRY 23.693.000,00 892.240,00 3.77
164 HERBOS SISAK INDUSTRY 71.540.320,00 2.693.820,00 3.77
165 DUROLIT, ZAGREB ZAGREB CONSTRUCTION 5.233.911,00 197.600,00 3.78
166 HIDROPUT SISAK TRANSPORT &
COMUNICATIONS35.970.800,00 1.367.620,00 3.80
167 CROATIAPLAN ZAGREB FINANCE & OTHER 763.800,00 29.123,20 3.81
168 ZELINA SVETI IVAN
ZELINAINDUSTRY 8.031.569,80 307.420,00 3.83
169 KOOPERATIVA, SISAK SISAK AGRICULTURE 7.106.760,00 273.980,00 3.86
170 DIJAMANT OSIJEK CONSTRUCTION 3.946.680,00 154.280,00 3.91
171ČUVAR SOLIN HOUSING & COMMUNAL
SERVICES1.191.680,00 47.120,00 3.95
172 PROSVJETA BJELOVAR INDUSTRY 6.033.640,00 238.640,00 3.96
173 IMES ZAGREB INDUSTRY 15.115.134,60 613.700,00 4.06
174 AUTOREPARATURA
(SERVISPROMET)OSIJEK CRAFT 36.633.000,00 1.492.800,00 4.08
175 SPLITSKA FTZ SPLIT HOUSING & COMMUNAL
SERVICES1.043.480,00 42.560,00 4.08
176 TEHNOPROJEKT,
VINKOVCIVINKOVCI FINANCE & OTHER 906.300,00 37.559,20 4.14
177 ME ĐIMURJE
INF.PRO.CENTARČAKOVEC FINANCE & OTHER 10.966.800,00 455.620,00 4.15
178 SLOGA IMK POŽEGA INDUSTRY 22.818.600,00 948.600,00 4.16
179 PRIGORKA-
STANOGRADNJASESVETE CONSTRUCTION 5.624.000,00 234.080,00 4.16
180 STRAŽAPLASTIKA HUM NA SUTLI INDUSTRY 27.203.907,40 1.139.240,00 4.19
181 PPK VELEBIT GOSPI Ć AGRICULTURE 48.327.351,20 2.023.880,00 4.19
182 NAMA, ZAGREB ZAGREB TRADE 724.566.500,00 31.155.000,00 4.30
183 METIS RIJEKA INDUSTRY 13.425.400,00 577.600,00 4.30
184 SLOBODNA PLOVIDBA ŠIBENIK TRANSPORT &
COMUNICATIONS215.173.100,00 9.433.880,00 4.38
185 BOBIS SPLIT INDUSTRY 23.826.646,00 1.053.740,00 4.42
186 FINVESTDRVO ČABAR INDUSTRY 95.884.412,00 4.246.500,00 4.43
187 INFOSISTEM ZAGREB FINANCE & OTHER 20.351.660,00 908.200,00 4.46
188 HOTEL LIBERTAS DUBROVNIK TOURISM & CATERING 39.598.800,00 1.779.000,00 4.49
189 CIPELI ĆI SPLIT TRADE 595.840,00 26.725,40 4.49
190 BRODOGRADILIŠTE KRK KRK INDUSTRY 1.924.320,00 86.640,00 4.50
191 TRAST SPLIT FINANCE & OTHER 19.497.693,60 879.700,00 4.51
192 CENTAR ZA RAZVOJ IVANI Ć-GRAD FINANCE & OTHER 1.447.800,00 65.360,00 4.51
193 ŠTAMPARIJA OBRAZACA ZAGREB INDUSTRY 836.760,00 38.000,00 4.54
194 ORLANDO DUBROVNIK INDUSTRY 11.327.700,00 513.820,00 4.54
195 HOTEL MEDENA TROGIR TOURISM & CATERING 149.644.000,00 6.833.160,00 4.57
196 TPK ZAGREB FINANCE & OTHER 5.339.000,00 245.860,00 4.60
197 INTERPUBLIC-HOLDING ZAGREB FINANCE & OTHER 3.429.120,00 159.220,00 4.64
198 MARIN GETALDI Ć ZAGREB FINANCE & OTHER 34.315.569,40 1.620.130,00 4.72
199 KONSTRUKTOR RIJEKA CONSTRUCTION 49.221.400,00 2.325.220,00 4.72
200 METAL, OPATIJA OPATIJA CONSTRUCTION 10.879.400,00 514.687,20 4.73
201 POLJOPRIVREDNO
PODUZE ĆE ORAHOVICAORAHOVICA AGRICULTURE 117.678.600,00 5.587.200,00 4.75
202 ENIM ZAGREB FINANCE & OTHER 4.286.400,00 204.060,00 4.76
203 NEDA SENJ INDUSTRY 9.834.300,00 471.900,00 4.80
204 ADRIA AUTO DUBROVNIK CRAFT 9.256.800,00 446.500,00 4.82
205 POLJOOPSKRBA ZAGREB TRADE 50.138.700,00 2.419.800,00 4.83
206 VELEBIT, SENJ SENJ TOURISM & CATERING 38.437.000,00 1.898.100,00 4.94
207 LIČILAC, PULA PULA CONSTRUCTION 525.350,00 25.992,00 4.95
208 HUP KORANA KARLOVAC TOURISM & CATERING 57.555.000,00 2.857.500,00 4.96
209 BORIK PITOMA ČA AGRICULTURE 12.474.000,00 620.600,00 4.98
210 TEKSTIL, KARLOVAC KARLOVAC TRADE 49.962.400,00 2.492.420,00 4.99
211 BRIONI PULA TRANSPORT &
COMUNICATIONS21.097.600,00 1.054.120,00 5.00WT/ACC/HRV/51
Page 11
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
212 RATARSTVO-DORADA
HERCEGOVACHERCEGOVAC AGRICULTURE 9.066.000,00 455.900,00 5.03
213 VOLTA ZAGREB CRAFT 1.789.800,00 90.440,00 5.05
214 MUNJA ZAGREB INDUSTRY 23.423.500,00 1.214.500,00 5.18
215 ODEMA-NAKIT OSIJEK CRAFT 1.852.180,80 97.637,20 5.27
216 GEODET DUBROVNIK FINANCE & OTHER 900.600,00 47.500,00 5.27
217 KUTJEVO KUTJEVO AGRICULTURE 247.588.500,00 13.111.500,00 5.30
218 TOP OSIJEK TRADE 25.212.000,00 1.344.300,00 5.33
219 AUTOBUSNI KOLODVOR SPLIT TRADE 3.541.600,00 192.405,40 5.43
220 SAVA DD, NOVSKA NOVSKA TRADE 17.267.200,00 951.520,00 5.51
221 ŠIBENKA ŠIBENIK TRADE 92.024.600,00 5.117.840,00 5.56
222 ŽITAR DONJI MIHOLJAC INDUSTRY 53.787.100,00 3.002.760,00 5.58
224 POLIPLAST ŠIBENIK INDUSTRY 40.122.300,00 2.312.300,00 5.76
225 ME ĐIMURJE STAKLO-
POD.ČAKOVEC CONSTRUCTION 2.726.120,00 158.650,00 5.82
226 JELOVICA SISAK INDUSTRY 2.965.675,80 174.040,00 5.87
227 BILOKALNIK D.D. KOPRIVNICA FINANCE & OTHER 189.841.160,00 11.162.880,00 5.88
228 KARTONPLAST PLO ČE INDUSTRY 8.539.743,80 509.200,00 5.96
229 GLAS COMMERCE
(KIOSK-PROMET)OSIJEK TRADE 446.291,00 26.752,00 5.99
230 UREDSKA TEHNIKA ZAGREB TRADE 8.930.000,00 538.080,00 6.03
231 DUBRAVAPROMET ZAGREB TRADE 6.026.800,00 367.080,00 6.09
232 HP ŽIVOGOŠ ĆE ŽIVOGOŠ ĆE TOURISM & CATERING 115.048.800,00 7.019.740,00 6.10
233 MERKANT PULA TRADE 32.462.013,00 1.991.200,00 6.13
234 JADROPLASTIKA SEGET DONJI INDUSTRY 12.028.900,00 759.620,00 6.31
235 JADRO TRGOVINA SPLIT TRADE 8.181.400,00 516.800,00 6.32
236 MK SLAVONIJA OSIJEK INDUSTRY 71.978.100,00 4.554.600,00 6.33
237 POMKA KOPRIVNICA INDUSTRY 9.759.000,00 619.800,00 6.35
238 STARI GRAD SISAK TOURISM & CATERING 3.229.099,40 205.200,00 6.35
239 FRANJO KLUZ OMIŠ INDUSTRY 16.784.600,00 1.071.980,00 6.39
240 SIGURNOST-PULA PULA HOUSING & COMMUNAL
SERVICES1.033.600,00 66.120,00 6.40
241 SLOBODNA DALMACIJA-
NOVINESPLIT PUBLISHING, EDUCATION &
CULTURE38.616.740,00 2.474.940,00 6.41
242 ŠKOLSKI SERVIS ZAGREB FINANCE & OTHER 536.560,00 34.960,00 6.52
243 SOKOLAC BRINJE TOURISM & CATERING 2.009.440,00 131.480,00 6.54
244 ZAGREB-PAPIR ZAGREB TRADE 4.148.840,00 273.220,00 6.59
245 IMUNOLOŠKI ZAVOD ZAGREB INDUSTRY 76.235.600,00 5.030.440,00 6.60
246 TEHNOOSIJEK OSIJEK CONSTRUCTION 2.404.260,00 158.935,00 6.61
247 PAMU ČNA INDUSTRIJA DUGA RESA INDUSTRY 99.131.600,00 6.569.200,00 6.63
248 AUTO KU ĆA JASMIN RIJEKA TRANSPORT &
COMUNICATIONS4.921.000,00 327.560,00 6.66
249 SVJETLO, ZAGREB ZAGREB CONSTRUCTION 6.780.856,80 454.860,00 6.71
250 EUROMAR RIJEKA FINANCE & OTHER 1.014.391,00 68.350,60 6.74
251 TEKSTILSTROJ ZAGREB INDUSTRY 43.487.960,00 2.973.880,00 6.84
252 LITOKARTON OSIJEK INDUSTRY 15.134.400,00 1.049.700,00 6.94
253 IPZ-CONUS ZAGREB FINANCE & OTHER 201.400,00 14.094,20 7.00
254 SAS ZADAR ZADAR INDUSTRY 338.187.600,00 23.709.600,00 7.01
255 HUT KUKLJICA KUKLJICA TOURISM & CATERING 43.142.920,00 3.035.820,00 7.04
256 JEDINSTVO, ŽUPANJA ŽUPANJA CONSTRUCTION 2.067.409,00 145.920,00 7.06
257 AUTOPRIJEVOZ OTO ČAC TRANSPORT &
COMUNICATIONS19.300.200,00 1.371.800,00 7.11
258 ISTRACOMMERCE PAZIN TRADE 23.658.800,00 1.686.820,00 7.13
259 LOVA ČKI ROG ZAGREB TOURISM & CATERING 26.664.410,00 1.911.400,00 7.17
260 VETERINARSKA
STANICA OGULINOGULIN AGRICULTURE 636.500,00 45.904,00 7.21
261 BRODOOPREMA RIJEKA CRAFT 1.420.820,00 102.600,00 7.22
262 LOLA RIBAR KARLOVAC INDUSTRY 52.033.400,00 3.775.300,00 7.26
263 SUPETRUS HOTELI SUPETAR TOURISM & CATERING 116.698.000,00 8.484.260,00 7.27
264 TISKARA GOSPI Ć GOSPIĆ INDUSTRY 4.383.680,00 321.480,00 7.33
265 INVESTPROJEKT ZAGREB FINANCE & OTHER 1.447.800,00 106.400,00 7.35
266 TEH-PROJEKT
KONZALTINGRIJEKA FINANCE & OTHER 760.824,60 56.395,80 7.41
267 PEKARA, BJELOVAR BJELOVAR INDUSTRY 2.116.463,20 158.840,00 7.50
268 CENTAR ZA
UNAPRE ĐENJEOSIJEK AGRICULTURE 4.600.800,00 346.800,00 7.54WT/ACC/HRV/51
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NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
STOČARSTVA
269 MLINOOPSKRBA ZAGREB TRADE 4.387.480,00 335.160,00 7.64
270 PREHRANA VARAŽDIN INDUSTRY 12.635.000,00 968.800,00 7.67
271 VIKOCOMMERCE VARAŽDIN TRADE 11.844.600,00 919.220,00 7.76
272 IZDAVA ČKO
INSTRUKTIVNI BIROZAGREB PUBLISHING, EDUCATION &
CULTURE428.640,00 33.440,00 7.80
273 KERAMI ČAR OSIJEK CONSTRUCTION 208.240,00 16.340,00 7.85
274 KLAS, NOVA GRADIŠKA NOVA GRADIŠKA INDUSTRY 39.219.800,00 3.087.500,00 7.87
275 NARODNI LIST ZADAR PUBLISHING, EDUCATION &
CULTURE1.177.240,00 93.480,00 7.94
276 ROBNI MAGAZIN ZAGREB TRADE 54.074.000,00 4.336.560,00 8.02
277 ARENATURIST PULA TOURISM & CATERING 829.350.000,00 66.603.740,00 8.03
278 GALVANIZACIJA RIJEKA CRAFT 466.260,00 37.832,80 8.11
279 PKP PODPI ĆAN INDUSTRY 40.901.680,00 3.323.860,00 8.13
280 BANIMED ZAGREB CRAFT 2.926.760,00 238.640,00 8.15
281 DIP DELNICE DELNICE INDUSTRY 116.755.000,00 9.568.020,00 8.19
282 HOTELSKO PODUZE ĆE
VRBOSKAVRBOSKA TOURISM & CATERING 48.887.000,00 4.027.620,00 8.24
283 VESNA, ZAGREB ZAGREB INDUSTRY 39.005.666,20 3.222.780,00 8.26
284 ISTRA CEMENT
INTERNATIONALPULA INDUSTRY 266.000.000,00 21.998.200,00 8.27
285 RIJEKATEKSTIL RIJEKA TRADE 67.893.756,40 5.746.740,00 8.46
286 DRVENJA ČA FUŽINE INDUSTRY 94.384.400,00 7.992.540,00 8.47
287 STAKLAR PULA CONSTRUCTION 951.900,00 81.320,00 8.54
288 RIVIJERA, I ČIĆII ČIĆI TOURISM & CATERING 13.444.400,00 1.151.400,00 8.56
289 CROATIA PUMPE KARLOVAC INDUSTRY 26.756.100,00 2.300.700,00 8.60
290 ME ĐIMURJE BETON ČAKOVEC INDUSTRY 13.191.130,00 1.142.850,00 8.66
291 ODJE ĆA, PULA PULA CRAFT 5.749.020,00 504.640,00 8.78
292 CROATIA BATERIJE ZAGREB INDUSTRY 68.434.200,00 6.023.760,00 8.80
293 MONTER-TERMO ZAGREB CONSTRUCTION 1.928.534,20 170.240,00 8.83
294 VAJDA EXPORT IMPORT ZAGREB TRADE 832.200,00 73.720,00 8.86
295 DALBIH SPLIT TRADE 3.763.900,00 338.580,00 9.00
296 POLJOOPSKRBA-TEHNO ZAGREB AGRICULTURE 7.218.700,00 651.200,00 9.02
297 METALPLASTIKA MAKARSKA INDUSTRY 17.861.140,00 1.634.760,00 9.15
298 UKUS, ZAGREB ZAGREB CRAFT 2.331.748,40 213.560,00 9.16
299 TIGAR SLAVONSKI
BRODCRAFT 505.400,00 46.360,00 9.17
300 ME ĐIMURJEPLET-
HOLDINGČAKOVEC FINANCE & OTHER 5.607.162,20 519.840,00 9.27
301 ME ĐIMURJE-TRANSPORT ČAKOVEC TRANSPORT &
COMUNICATIONS11.146.084,00 1.041.580,00 9.34
302ĐURO ĐAKOVIĆ-
ZAVARENE POSUDESLAVONSKI
BRODINDUSTRY 10.483.500,00 982.200,00 9.37
303 KLARA-ZAGREB ZAGREB INDUSTRY 132.354.000,00 12.499.340,00 9.44
304 SLAVINA RIJEKA CONSTRUCTION 343.763,20 32.486,20 9.45
305 TRIKOP BLATO INDUSTRY 10.625.560,00 1.013.080,00 9.53
306 SINJ SINJ CONSTRUCTION 17.145.600,00 1.645.400,00 9.60
307 RABAC RABAC TOURISM & CATERING 384.643.600,00 36.945.120,00 9.61
308 KOMUNALAC,
KRALJEVICAKRALJEVICA CRAFT 237.880,00 23.180,00 9.74
309 OPUZENKA METKOVI Ć TRADE 21.789.200,00 2.124.200,00 9.75
310 AUTOSERVIS RIJEKA TRADE 3.330.806,40 327.571,40 9.83
311 RIBNJA ČARSTVO
KONČANICAKONČANICA AGRICULTURE 13.817.600,00 1.371.200,00 9.92
312 POLJOSTROJ VINKOVCI TRADE 5.863.248,00 581.400,00 9.92
313 PHARMACHEM ZAGREB TRADE 1.539.000,00 152.904,40 9.94
314 SPORT-ING ZAGREB CONSTRUCTION 1.795.120,00 178.600,00 9.95
315 POLJOOPSKRBA-AGRA ZAGREB AGRICULTURE 4.699.000,00 469.900,00 10.00
316 TEHNOSERVIS-
TOMEKOVI ĆVIROVITICA CRAFT 1.726.000,00 173.400,00 10.05
317 KRISTAL ŽUPANJA TOURISM & CATERING 2.878.880,00 289.560,00 10.06
318 KLIMAOPREMA SAMOBOR CONSTRUCTION 1.998.800,00 201.400,00 10.08
319 JADRANKOLOR RIJEKA CRAFT 4.968.424,00 500.908,40 10.08
320 AGROSLAVONIJA OSIJEK TRADE 31.704.160,00 3.198.080,00 10.09
321 ZAGREB, DONJI
MIHOLJACDONJI MIHOLJAC TOURISM & CATERING 4.908.800,00 495.300,00 10.09WT/ACC/HRV/51
Page 13
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
322 USLUGA RIJEKA CRAFT 430.312,00 44.840,00 10.42
323 ELEKTROTEHNA ZAGREB TRADE 16.231.320,00 1.698.220,00 10.46
324 ZAGORJE UTP ZABOK TOURISM & CATERING 8.084.017,40 846.260,00 10.47
325 UTP ZAGREBA ČKA
GORAZAGREB TOURISM & CATERING 2.478.360,00 259.540,00 10.47
326 AGI-46 KARLOVAC FINANCE & OTHER 3.037.340,00 318.440,00 10.48
327 DALMACIJATURIST SPLIT TOURISM & CATERING 3.610.000,00 379.240,00 10.51
328 FOTOKEMIKA ZAGREB INDUSTRY 52.452.365,20 5.512.280,00 10.51
329 UNIVERZAL, VARAŽDIN VARAŽDIN INDUSTRY 6.840.000,00 722.000,00 10.56
330 CROATIA LINE RIJEKA TRANSPORT &
COMUNICATIONS914.840.000,00 96.563.500,00 10.56
331 BLATO BLATO TOURISM & CATERING 29.257.200,00 3.130.500,00 10.70
332 KRATEKS KRAPINA INDUSTRY 3.712.600,00 397.100,00 10.70
333 DINARKA KNIN TRADE 20.882.000,00 2.235.700,00 10.71
334 ISTARSKA TVORNICA
STAKLAFAŽANA INDUSTRY 4.159.100,00 447.640,00 10.76
335 STROJAR DONJA BISTRA INDUSTRY 9.583.600,00 1.039.300,00 10.84
336 TIPOGRAFIJA, ĐAKOVO ĐAKOVO INDUSTRY 2.519.400,00 273.600,00 10.86
337 UKRAS OSIJEK CONSTRUCTION 3.134.400,00 342.400,00 10.92
338 RECOL ZAGREB CRAFT 678.300,00 74.328,00 10.96
339 AGROPROMET PODPI ĆAN TRADE 3.574.280,00 392.160,00 10.97
340ČOKA COMMERCE SPLIT TRADE 1.619.974,20 177.688,00 10.97
341 MLJEKARA SLAVIJA STARO PETROVO
SELOINDUSTRY 6.130.920,00 675.640,00 11.02
342 BCS-ZAGREB ZAGREB INDUSTRY 1.607.400,00 177.840,00 11.06
343 AUTO-ŠKOLA CENTAR RIJEKA PUBLISHING, EDUCATION &
CULTURE264.100,00 29.351,20 11.11
344 RIBA ZAGREB AGRICULTURE 482.531,60 53.960,00 11.18
345 MPD-DARUVAR DARUVAR INDUSTRY 12.038.400,00 1.352.420,00 11.23
346 JADRANKOMERC CRIKVENICA TRADE 49.715.400,00 5.587.140,00 11.24
347 DALMEX SPLIT AGRICULTURE 29.050.240,00 3.287.380,00 11.32
348 JELEN, ZAGREB ZAGREB INDUSTRY 5.236.400,00 606.100,00 11.57
349 ŽELJEZARA SPLIT KAŠTEL
SUĆURACINDUSTRY 215.110.400,00 24.937.500,00 11.59
350 ST RENT A CAR SPLIT TRANSPORT &
COMUNICATIONS1.062.825,80 123.560,80 11.63
351 KORDUN KARLOVAC INDUSTRY 76.896.000,00 9.134.700,00 11.88
352 NOVA COLOR SPLIT INDUSTRY 24.070.606,00 2.886.746,00 11.99
353 HOTELI NOVI NOVI
VINODOLSKITOURISM & CATERING 120.862.800,00 14.571.000,00 12.06
354 PANONIJA OSIJEK TRANSPORT &
COMUNICATIONS48.053.100,00 5.859.000,00 12.19
355 IPK-OSIJEK OSIJEK FINANCE & OTHER 772.213.200,00 94.995.820,00 12.30
356 PASTOR-INŽENJERING SAMOBOR INDUSTRY 10.015.933,60 1.233.480,00 12.32
357 AIDA RIJEKA FINANCE & OTHER 708.012,20 87.795,20 12.40
358 VISOKOGRADNJA, SPLIT SPLIT CONSTRUCTION 25.317.120,00 3.154.380,00 12.46
359 POLJODAR DARUVAR DARUVAR AGRICULTURE 6.586.885,80 826.120,00 12.54
360 PULAPROJEKT PULA FINANCE & OTHER 404.700,00 50.920,00 12.58
361 ZDENKA VELIKI ZDENCI INDUSTRY 96.183.000,00 12.187.200,00 12.67
362 ME ĐIMURJE KERAMIKA ČAKOVEC CONSTRUCTION 1.355.004,00 172.710,00 12.75
363 GRAFOPAPIR NOVA GRADIŠKA TRADE 5.287.320,00 677.540,00 12.81
364 INTERPLUTEX UMAG TRADE 2.116.600,00 271.320,00 12.82
365 SLATINE IVANKOVO AGRICULTURE 48.339.800,00 6.210.340,00 12.85
366 JADRAN, BUZET BUZET TRADE 18.620.000,00 2.395.520,00 12.87
367 CROATIA PROTEKT GAREŠNICA INDUSTRY 6.061.000,00 785.053,40 12.95
368 PPK ZAGREB-SPLIT SPLIT TRADE 3.562.690,00 463.600,00 13.01
369 REMONT KAŠTEL
SUĆURACCRAFT 18.211.291,00 2.372.340,00 13.03
370 TSH KRMA VINKOVCI INDUSTRY 44.007.100,00 5.814.200,00 13.21
371 HTT PICOK ĐURĐEVAC TOURISM & CATERING 20.355.460,00 2.713.200,00 13.33
372 OPSKRBA-DISKONT SPLIT TRADE 2.235.920,00 299.060,00 13.38
373 POLJOPROMET VIROVITICA INDUSTRY 35.024.600,00 4.721.120,00 13.48
374 GRADAC GRADAC TOURISM & CATERING 2.202.480,00 297.920,00 13.53
375 URBANIS KARLOVAC FINANCE & OTHER 1.396.602,60 189.240,00 13.55
376 ŠAVRI Ć ZAGREB INDUSTRY 138.669.600,00 18.869.660,00 13.61
377 SUNTURIST ZADAR TOURISM & CATERING 7.800.807,20 1.073.500,00 13.76WT/ACC/HRV/51
Page 14
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
378 AUTOPODUZE ĆE IMOTSKI TRANSPORT &
COMUNICATIONS23.636.760,00 3.260.780,00 13.80
379 UNIVERZAL, BJELOVAR BJELOVAR TRADE 36.894.200,00 5.178.640,00 14.04
380 INFORMATI ČKI
INŽENJERINGZAGREB FINANCE & OTHER 1.349.000,00 190.000,00 14.08
381 JADRANTEKSTIL SPLIT TRADE 144.354.400,00 20.515.820,00 14.21
382ĐURO ĐAKOVIĆ TUP
STANDARDSLAVONSKI
BRODTOURISM & CATERING 18.726.400,00 2.687.740,00 14.35
383 POLET, LUDBREG LUDBREG TRADE 15.773.800,00 2.263.660,00 14.35
384 POLJOOPSKRBA-
INŽINJERINGZAGREB AGRICULTURE 617.900,00 88.800,00 14.37
385 ISTRAPLASTIKA PAZIN INDUSTRY 42.358.220,00 6.095.960,00 14.39
386 ROVINJTURIST ROVINJ CONSTRUCTION 43.019.800,00 6.291.660,00 14.63
387 HOSPITALIJA ZAGREB TRADE 37.092.514,40 5.445.878,80 14.68
388 KOVINAR OSIJEK CONSTRUCTION 10.224.000,00 1.505.400,00 14.72
389 TROKUT NOVSKA NOVSKA INDUSTRY 32.369.764,20 4.798.260,00 14.82
390 SPLITSKA PLOVIDBA SPLIT TRANSPORT &
COMUNICATIONS50.796.000,00 7.591.500,00 14.95
391 SLOBODNA DALMACIJA-
INF.DJEL.SPLIT PUBLISHING, EDUCATION &
CULTURE386.080,00 57.760,00 14.96
392 LAV ČEVIĆ SPLIT CONSTRUCTION 176.310.674,80 26.665.360,00 15.12
393 ME ĐIMURJE GEODETA ČAKOVEC FINANCE & OTHER 455.240,00 69.540,00 15.28
394 PČELARSKA CENTRALA ZAGREB AGRICULTURE 10.640.000,00 1.627.160,00 15.29
395 LU ČICA SUMARTIN INDUSTRY 2.401.220,00 370.500,00 15.43
396 DIP KLANA KLANA INDUSTRY 34.940.500,00 5.397.000,00 15.45
397 ZANATGRAFIKA DELNICE CRAFT 1.773.840,00 275.120,00 15.51
398 ZANATLIJA KASTAV INDUSTRY 7.246.400,00 1.125.600,00 15.53
399 VELEBIT, OTO ČAC OTO ČAC TOURISM & CATERING 3.354.640,00 523.640,00 15.61
400 GRAFOTEHNA ZAGREB INDUSTRY 14.508.806,60 2.273.160,00 15.67
401 RAŠA LABIN CRAFT 3.944.780,00 619.020,00 15.69
402 IPZ AR-PROJEKT ZAGREB FINANCE & OTHER 167.200,00 26.436,60 15.81
403 ZLATNI RAT BOL TOURISM & CATERING 209.881.546,80 33.358.300,00 15.89
404 LIMAR OSIJEK CONSTRUCTION 3.520.700,00 562.400,00 15.97
405 ME ĐIMURJE BIDRA ČAKOVEC HEALTH & SOCIAL CARE 1.605.424,00 256.310,00 15.97
406 PLAN-RIJEKA RIJEKA FINANCE & OTHER 202.160,00 32.471,00 16.06
407 TEKSTILNA INDUSTRIJA
ZADARZADAR INDUSTRY 142.494.680,00 22.906.400,00 16.08
408 TEHNI ČAR KOPIRNI
CENTARSPLIT INDUSTRY 1.211.060,00 194.932,40 16.10
409 GRADITELJ, GRUBIŠNO
POLJEGRUBIŠNO POLJE CONSTRUCTION 8.827.400,00 1.444.380,00 16.36
410 ŠKOLJI Ć KOMERC RIJEKA TRADE 69.091,60 11.400,00 16.50
411 UNIJA-SABIRA Č ŠIBENIK INDUSTRY 2.071.000,00 342.000,00 16.51
412 GIO EXPORT-IMPORT PULA TRADE 3.099.280,00 512.620,00 16.54
413 PAZINKA PAZIN INDUSTRY 99.391.000,00 16.659.000,00 16.76
414 ELBA 93 UMAG INDUSTRY 1.802.340,00 303.620,00 16.85
415 NISKOGRADNJA,
IVANIĆ-GRADIVANIĆ-GRAD CONSTRUCTION 3.529.322,20 596.600,00 16.90
416 DU-BLITZ DUBROVNIK HOUSING & COMMUNAL
SERVICES942.400,00 159.303,60 16.90
417 PP MEDNIK ŽUPANJA AGRICULTURE 39.694.800,00 6.741.960,00 16.98
418 RIBA RIJEKA RIJEKA INDUSTRY 22.633.560,00 3.844.460,00 16.99
419 KLJU ČICE NOVI MAROF TOURISM & CATERING 4.578.240,00 779.760,00 17.03
420 DALMACIJA, PLO ČEP L O ČE TRADE 21.390.200,00 3.648.760,00 17.06
421 BIROTISAK ZAGREB INDUSTRY 2.543.347,60 437.988,00 17.22
422 MESOPROMET ZADAR TRADE 10.640.000,00 1.840.720,00 17.30
423 APATOVA ČKA KISELICA KRIŽEVCI INDUSTRY 6.015.331,60 1.041.276,00 17.31
424 ELEKTRONSKI
RAČUNSKI CENTARZAGREB FINANCE & OTHER 5.495.765,20 951.900,00 17.32
425 DIMNJA ČAR, VINKOVCI VINKOVCI HOUSING & COMMUNAL
SERVICES98.420,00 17.100,00 17.37
426 TRGOVINA ZAPREŠI Ć ZAPREŠI Ć TRADE 25.259.394,20 4.393.750,00 17.39
427 LVG ZADAR CONSTRUCTION 614.976,80 107.160,00 17.43
428 NOVOGRADNJA,
SLAVONSKI BRODSLAVONSKI
BRODCONSTRUCTION 11.476.000,00 2.029.200,00 17.68
429 RIBARSKI CENTAR ZAGREB PUBLISHING, EDUCATION &
CULTURE6.330.800,00 1.125.636,00 17.78WT/ACC/HRV/51
Page 15
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
430 AUTOTRANSPORT
ŠIBENIKŠIBENIK TRANSPORT &
COMUNICATIONS51.351.300,00 9.167.500,00 17.85
431 AGRAM SESVETE TRADE 3.923.674,80 704.900,00 17.97
432 MODERNA PAKRAC INDUSTRY 5.244.000,00 948.860,00 18.09
433 UTENZILIJA ZAGREB INDUSTRY 10.376.971,60 1.883.280,00 18.15
434ČESMA-TURIZAM BJELOVAR TOURISM & CATERING 4.864.400,00 884.400,00 18.18
435 BJELOVARSKE CIGLANE BJELOVAR INDUSTRY 14.659.640,00 2.669.120,00 18.21
436 DALMACIJA-AUTO SPLIT CRAFT 28.785.760,00 5.242.480,00 18.21
437 TLM TVORNICA LAKIH
METALAŠIBENIK INDUSTRY 469.315.200,00 86.165.380,00 18.36
438 NOVOGRADNJA-
PROJEKTZAGREB CONSTRUCTION 1.343.129,00 247.266,00 18.41
439 TNP VRBANI ZAGREB TRADE 866.400,00 162.260,00 18.73
440 BRODOREMONT SPLIT VRANJIC INDUSTRY 12.114.020,00 2.270.880,00 18.75
441 TVORNICA KOŽA PSUNJ NOVA GRADIŠKA INDUSTRY 31.135.800,00 5.841.000,00 18.76
442 KOTEKS SPLIT TRADE 120.648.369,80 22.715.830,00 18.83
443 VELEBIT-INOZEMNA
ZASTUPSTVAZAGREB FINANCE & OTHER 5.540.400,00 1.044.620,00 18.85
444 GRA ĐAPROMET NAŠICE TRADE 2.309.400,00 435.600,00 18.86
445 TRGOVINA BAGAT ZADAR TRADE 10.565.520,00 2.023.500,00 19.15
446 ZAGREBA ČKI
TRANSPORTIZAGREB TRANSPORT &
COMUNICATIONS36.153.200,00 6.954.380,00 19.24
447 ZADAR, ZADAR ZADAR INDUSTRY 13.712.680,00 2.658.860,00 19.39
448 MODEA GAREŠNICA INDUSTRY 28.593.100,00 5.566.050,00 19.47
449 IMPREGNACIJA-
TEHNIČKI PLINOVIKARLOVAC INDUSTRY 19.557.080,00 3.841.800,00 19.64
450 LUŽNJAK ŽUPANJA INDUSTRY 69.372.800,00 13.667.080,00 19.70
451 OTP, KARLOVAC KARLOVAC TRADE 58.355.840,00 11.552.000,00 19.80
452 SR Đ DUBROVNIK CRAFT 13.303.800,00 2.643.280,00 19.87
453 TRGOVINA KRK-
MALINSKAMALINSKA TRADE 24.442.500,00 4.921.500,00 20.14
454 VULKAN-DIBO RIJEKA INDUSTRY 21.993.000,00 4.471.500,00 20.33
455 TAPETAR ČAKOVEC INDUSTRY 1.647.034,00 336.300,00 20.42
456 TVORNICA
ELEKTRI ČNIH ŽARULJAZAGREB INDUSTRY 103.595.600,00 21.199.440,00 20.46
457 JADRANKA, PULA PULA CRAFT 1.333.040,00 273.220,00 20.50
458 KIMINVEST ZAGREB TRADE 1.856.155,60 383.800,00 20.68
459 NAPRIJED TRGOVINA ZAGREB TRADE 4.841.200,00 1.009.660,00 20.86
460 CERNA CERNA AGRICULTURE 5.521.800,00 1.153.200,00 20.88
461 TVORNICA DUHANA-
ZADARZADAR INDUSTRY 17.402.757,40 3.636.600,00 20.90
462 ENERGOREMONT KARLOVAC CRAFT 17.635.200,00 3.688.800,00 20.92
463 ORIOLIK ORIOVAC INDUSTRY 22.389.400,00 4.705.800,00 21.02
464 KONTEX KARLOVAC INDUSTRY 42.298.200,00 8.970.900,00 21.21
465 KOESTLIN BJELOVAR INDUSTRY 98.800.000,00 21.179.680,00 21.44
466 RADEŽ BLATO INDUSTRY 24.772.200,00 5.316.200,00 21.46
467 BILO-PODRAVINA ĐURĐEVAC CONSTRUCTION 772.160,00 165.680,00 21.46
468 METALKO BUJE BUJE INDUSTRY 3.617.600,00 777.100,00 21.48
469 MLADOST-IZDAVA ČKA
DJELATNOSTZAGREB PUBLISHING, EDUCATION &
CULTURE49.242.680,00 10.581.480,00 21.49
470 METALORAD ZAGREB CRAFT 3.174.520,00 682.947,40 21.51
471 RIBNJAK ČABAR ČABAR AGRICULTURE 669.560,00 144.700,20 21.61
472 ME ĐIMURJE TEGRA ČAKOVEC CONSTRUCTION 21.481.134,00 4.708.770,00 21.92
473 AUTOSERVIS GOSPI Ć TRADE 2.384.120,00 524.400,00 22.00
474 UKRAS, ZAGREB ZAGREB INDUSTRY 811.300,00 179.360,00 22.11
475 GALEB JONATHAN POVLJA TOURISM & CATERING 3.400.240,00 755.820,00 22.23
476 STROJOSERVIS ZAGREB CRAFT 6.783.000,00 1.524.940,00 22.48
477 ASTRA-OBU ĆA ZAGREB TRADE 18.319.800,00 4.132.120,00 22.56
478 HTTP SLANICA MURTER TOURISM & CATERING 34.013.800,00 7.712.860,00 22.68
479 MONTER-SPLIT SPLIT CONSTRUCTION 36.998.700,00 8.415.480,00 22.75
480 KROVORAD ZAGREB CONSTRUCTION 557.080,00 126.920,00 22.78
481 IZGRADNJA-SPLIT SPLIT CONSTRUCTION 4.962.800,00 1.137.720,00 22.92
482 DALMACOMMERCE SPLIT TRADE 8.570.729,00 2.001.460,00 23.35
483 MARA OSIJEK INDUSTRY 17.019.300,00 3.995.100,00 23.47
484 VLADIMIR GORTAN PAZIN CONSTRUCTION 8.328.080,00 1.954.720,00 23.47
485 CROMAX, BJELOVAR BJELOVAR AGRICULTURE 71.808.600,00 16.936.220,00 23.59WT/ACC/HRV/51
Page 16
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
486 STAKLO, ZAGREB ZAGREB CONSTRUCTION 36.512.300,00 8.618.400,00 23.60
487 ISTRATISAK PAZIN INDUSTRY 2.665.700,00 631.400,40 23.69
488 JELEN-STOLARIJA ZAGREB INDUSTRY 3.936.800,00 944.300,00 23.99
489 DIONA (SLAVIJA-
PROMET)ZAGREB TRADE 234.030.600,00 56.191.360,00 24.01
490 UKRAS KOMERC SPLIT CONSTRUCTION 162.693,20 39.607,40 24.34
491 DIGITRON BUJE INDUSTRY 26.490.643,60 6.456.200,00 24.37
492 MIO-OSIJEK OSIJEK INDUSTRY 86.074.200,00 20.995.800,00 24.39
493 IMOTA IMOTSKI AGRICULTURE 57.507.680,00 14.050.500,00 24.43
494 ISTOK MATULJI CONSTRUCTION 4.000.157,40 977.686,80 24.44
495 SLAVONIJATEKSTIL OSIJEK TRADE 38.304.000,00 9.370.800,00 24.46
496 PIRAMIDA, SESVETE SESVETE INDUSTRY 28.628.037,20 7.010.240,00 24.49
497 IVASIM IVANI Ć-GRAD INDUSTRY 9.131.951,00 2.237.440,00 24.50
498 AUTO ŠKOLA LOKVE LOKVE PUBLISHING, EDUCATION &
CULTURE3.013.400,00 741.000,00 24.59
499 ŽENSKA MODA ZAGREB INDUSTRY 226.860,00 55.860,00 24.62
500 TISKARA RIJEKA RIJEKA INDUSTRY 12.481.860,00 3.078.000,00 24.66
501 HUP KUTINA KUTINA TOURISM & CATERING 29.545.000,00 7.299.420,00 24.71
502 GP RADNIK ZADAR CONSTRUCTION 12.127.320,00 3.011.500,00 24.83
T O T A L 19.541.773.509,00 1.595.506.585,60 8.16%
25-50% IN CROATIAN PRIVATIZATION FUND PORTFOLIO
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
1B R O D O G R A ĐEVNA
INDUSTRIJA SPLITSPLIT INDUSTRY 970.095.160,00 246.536.020,00 25.41
2 ULJANIK PULA INDUSTRY 849.776.079,20 216.411.140,00 25.47
3 PROMET, VRBOVSKO VRBOVSKO CRAFT 23.746.200,00 6.081.520,00 25.61
4ĐURO ĐAKOVIĆ
HOLDING D.D.SLAVONSKI
BRODFINANCE & OTHERS 788.247.000,00 202.876.500,00 25.74
5 PAPUK-DRVNA
INDUSTRIJAPAKRAC INDUSTRY 30.087.600,00 7.764.300,00 25.81
6 RIZ-TVORNICA
MEHANI ČKIH DIJELOVAZAGREB INDUSTRY 24.709.500,00 6.400.150,00 25.90
7 ANTENAL NOVIGRAD INDUSTRY 4.621.560,00 1.198.900,00 25.94
8 ISTRA-MERX ROVINJ CRAFT 4.248.400,00 1.104.280,00 25.99
9 TEI ZAGREB FINANCE & OTHERS 1.611.200,00 421.800,00 26.18
10 PIK VRBOVEC PROMET I
USLUGEVRBOVEC CRAFT 34.759.170,00 9.109.740,00 26.21
11 DREN ZAGREB INDUSTRY 328.456,80 86.366,40 26.29
12 KUNA 46(KOZARA) ZAGREB INDUSTRY 2.266.966,00 597.740,00 26.37
13 TEHNOGRADNJA BJELOVAR CONSTRUCTION 5.455.869,00 1.450.080,00 26.58
14 MEISO GORI ČAN INDUSTRY 23.560.000,00 6.290.140,00 26.70
15 SLAVONIJA VIROVITICA TOURISM & CATERING 17.810.600,00 4.757.600,00 26.71
16 BRODOGRADILIŠTE
PUNATPUNAT INDUSTRY 19.354.920,00 5.213.600,00 26.94
17 IPZ INPRO ZAGREB FINANCE & OTHERS 77.451,60 20.873,40 26.95
18 NEPTUN KOMIŽA INDUSTRY 25.115.720,00 6.770.840,00 26.96
19 POLJO-DOBRO ČAZMA AGRICULTURE 35.777.760,00 9.644.020,00 26.96
20 ZAŠTITA-ZAGREB ZAGREB HOUSING & COMMUNAL
SERVICES10.978.200,00 2.960.200,00 26.96
21 BIROTEHNIK OROSLAVJE INDUSTRY 6.664.668,00 1.800.440,00 27.01
22 REMONT SERVIS RIJEKA INDUSTRY 223.162,60 60.420,00 27.07
23 VALJAONICA ČELIKA KUMROVEC INDUSTRY 8.716.400,00 2.361.000,00 27.09
24 LIV NAŠICE INDUSTRY 10.674.600,00 2.917.500,00 27.33
25 RA ČUNSKI CENTAR KARLOVAC FINANCE & OTHERS 3.219.600,00 880.800,00 27.36
26 AUTO-AVANT ZAGREB TRANSPORT &
COMUNICATIONS2.280.000,00 626.004,40 27.46
27 DRVO RIJEKA TRADE 16.355.200,00 4.492.360,00 27.47
28 VIROVITI ČANKA VIROVITICA INDUSTRY 16.180.400,00 4.453.220,00 27.52
29 ŽELJEZAR OSIJEK TRADE 38.144.780,00 10.553.360,00 27.67WT/ACC/HRV/51
Page 17
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
30 PRIVREDNA AVIJACIJA OSIJEK TRANSPORT &
COMUNICATIONS5.080.600,00 1.410.180,00 27.76
31 BRODOMATERIJAL-
HOLDINGRIJEKA TRADE 123.205.120,00 34.331.480,00 27.87
32 SLAVIJA-ZAGREB-
JEDINSTVO SUNJASISAK TRADE 1.295.800,00 361.380,00 27.89
33 TERRA TRADE,
VIROVITICAVIROVITICA TRADE 3.207.200,00 896.800,00 27.96
34 PROMES, ZAGREB ZAGREB CRAFT 2.378.800,00 666.067,80 28.00
35 AGROLUDBREG LUDBREG AGRICULTURE 20.644.800,00 5.801.800,00 28.10
36 RIJEKA-KONZALTING RIJEKA FINANCE & OTHERS 220.160,60 62.073,00 28.19
37 ZAGORAC PREGRADA TOURISM & CATERING 866.054,20 244.815,00 28.27
38 KNJIGOVO ĐA ŠIBENIK FINANCE & OTHERS 493.031,00 140.980,00 28.59
39 DOMOINVEST ZAGREB CONSTRUCTION 16.302.691,60 4.665.640,00 28.62
40 STO ČARSTVO ZAGREB AGRICULTURE 2.378.454,20 681.720,00 28.66
41ĐAKOVOPROJEKT ĐAKOVO FINANCE & OTHERS 614.840,00 176.320,00 28.68
42 RAZVITAK METKOVI Ć TRADE 218.241.398,60 62.592.080,00 28.68
43 VETERINARSKA
STANICA RABRAB AGRICULTURE 671.840,00 193.165,40 28.75
44 RADIN RAVNA GORA INDUSTRY 79.040.000,00 22.858.520,00 28.92
45 ELEKTROMEHANIKA-
SKLADZADAR CONSTRUCTION 5.299.407,80 1.532.920,00 28.93
46 AGROKOKA, IMOTSKI IMOTSKI AGRICULTURE 16.409.160,00 4.748.480,00 28.94
47 SU ĆURAJ SU ĆURAJ TOURISM & CATERING 1.121.760,00 325.660,00 29.03
48 DIP PILANA OGULIN OGULIN INDUSTRY 24.722.800,00 7.177.820,00 29.03
49 POLJOPRIVREDNI
KOMBINAT ZELINASV.IVAN ZELINA AGRICULTURE 13.378.000,00 3.892.000,00 29.09
50 JADRAN-RIBOLOV SPLIT AGRICULTURE 33.231.000,00 9.780.820,00 29.43
51 MAŠINOPROJEKT ZAGREB FINANCE & OTHERS 1.125.788,00 334.601,40 29.72
52 GRADITELJ, MATULJI MATULJI CONSTRUCTION 12.444.000,00 3.711.600,00 29.83
53 ME ĐIMURJEŠPED KOTORIBA TRANSPORT &
COMUNICATIONS472.340,00 142.006,00 30.06
54 ZING ZAGREB FINANCE & OTHERS 649.800,00 197.607,60 30.41
55 PRIMORJE, SENJ SENJ CRAFT 15.539.511,00 4.738.600,00 30.49
56 RIZ-PROFESIONALNA
ELEKTRONIKAZAGREB INDUSTRY 32.531.800,00 9.995.140,00 30.72
57 DALMAGARANT ŠIBENIK INDUSTRY 7.589.360,00 2.342.320,00 30.86
58 OPATIJA CIPELE ZAGREB INDUSTRY 774.109,40 239.483,60 30.94
59 SPA ČVA VINKOVCI INDUSTRY 80.062.800,00 25.020.000,00 31.25
60 VETERINARSKA
STANICA STARIGRADHVAR AGRICULTURE 1.160.900,00 365.544,80 31.49
61 NADA OSIJEK INDUSTRY 1.390.009,60 440.537,80 31.69
62 TRANSPORT-ZADAR ZADAR TRANSPORT &
COMUNICATIONS9.918.000,00 3.149.440,00 31.75
63 DERBY KRIŽEVCI INDUSTRY 5.441.531,60 1.730.140,00 31.80
64 R-D ZAGREB TRADE 1.210.300,00 385.065,40 31.82
65 KU ĆANICA (BIOTICA) SLATINA INDUSTRY 12.530.000,00 4.000.000,00 31.92
66 PREHRANA OSIJEK TOURISM & CATERING 2.146.133,60 686.036,80 31.97
67 ILOVA SPLIT SPLIT TRADE 14.835.200,00 4.783.060,00 32.24
68 UKUS TVORNICA DJE ČJE
OBUĆE, VIROVITICAVIROVITICA INDUSTRY 5.472.000,00 1.766.240,00 32.28
69 UTP GORAN ČABAR INDUSTRY 5.259.200,00 1.717.600,00 32.66
70 ME ĐIMURJEPLET MURA KOTORIBA INDUSTRY 4.929.607,00 1.617.660,00 32.82
71 ITP MARIN DRŽI Ć ZAGREB PUBLISHING, EDUCATION &
CULTURE66.880,00 22.040,00 32.95
72 BAGAT-ALATNICA ZADAR INDUSTRY 10.293.000,00 3.397.200,00 33.00
73 SETING KOMERC DELNICE TRADE 407.700,00 134.700,00 33.04
74 CROATIA-INFOSISTEMI ZAGREB FINANCE & OTHERS 2.257.200,00 747.429,60 33.11
75 TVORNICA VILI ČARA KRIŽEVCI INDUSTRY 12.819.680,00 4.248.780,00 33.14
76 PROGRES, METKOVI Ć METKOVI Ć INDUSTRY 2.577.160,00 855.380,00 33.19
77 KOPROJEKT ZAGREB FINANCE & OTHERS 867.920,00 289.180,00 33.32
78 VETERINARSKA
STANICA DELNICEDELNICE AGRICULTURE 551.205,20 183.730,00 33.33
79 IZOGRADNJA ZAGREB CONSTRUCTION 50.160,00 16.720,00 33.33
80 PRIZMA ZAGREB INDUSTRY 91.200,00 30.400,00 33.33
81 SERVIS DUBROVNIK CONSTRUCTION 159.600,00 53.200,00 33.33
82 VINKA VINKOVCI INDUSTRY 59.850.000,00 19.950.000,00 33.33WT/ACC/HRV/51
Page 18
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
83 ITI DUBROVNIK FINANCE & OTHERS 725.040,00 241.680,00 33.33
84 K.A.T. ZAGREB FINANCE & OTHERS 262.200,00 87.400,00 33.33
85 ZAG ZAGREB INDUSTRY 342.000,00 114.000,00 33.33
86 VELETRGOVINAKOMER
CSPLIT TRADE 123.120,00 41.040,00 33.33
87 UNITES RIJEKA FINANCE & OTHERS 166.075,20 55.362,20 33.34
88 JONA-COMMERCE SPLIT TRADE 785.080,00 261.820,00 33.35
89 SLAVONIJAPLET SLAVONSKI
BRODTRADE 85.120,00 28.500,00 33.48
90 PANEX ČAKOVEC INDUSTRY 58.186.413,20 19.527.060,00 33.56
91 ILICA ZAGREB CONSTRUCTION 44.080,00 14.820,00 33.62
92 BOR-GP, BEDEKOV ČINA BEDEKOV ČINA CONSTRUCTION 9.118.100,00 3.068.120,00 33.65
93 PORE ČKI GLASNIK PORE Č PUBLISHING, EDUCATION &
CULTURE17.480,00 5.890,00 33.70
94 ELTING NOVA GRADIŠKA INDUSTRY 1.816.020,00 619.020,00 34.09
95 IGM BENKOVAC CONSTRUCTION 7.603.800,00 2.598.900,00 34.18
96 GREBEN VELA LUKA INDUSTRY 28.986.251,80 10.003.500,00 34.51
97 INDUSTROOPREMA RIJEKA INDUSTRY 22.249.000,00 7.783.160,00 34.98
98 OPREMA-STROJEVI LUDBREG INDUSTRY 12.172.200,00 4.260.900,00 35.01
99 POLJOOPSKRBA-
GRAĐEVINARSTVOZAGREB INDUSTRY 2.889.700,00 1.013.800,00 35.08
100 NOVOGRADNJA,
ZAGREBZAGREB CONSTRUCTION 89.307.600,00 31.407.380,00 35.17
101 KONZALTINGPLAN ZAGREB FINANCE & OTHERS 97.394,00 34.276,00 35.19
102 COMEXIM VARAŽDIN TRADE 8.178.360,00 2.914.220,00 35.63
103 IKOMOT ZAGREB INDUSTRY 13.262.000,00 4.771.280,00 35.98
104 RATARSTVO, BJELOVAR BJELOVAR AGRICULTURE 8.664.000,00 3.127.400,00 36.10
105 MEDIKEM VIRJE INDUSTRY 1.273.760,00 461.320,00 36.22
106ĐURO ĐAKOVIĆ
TVORNICA PROTUPOŽ.
UREĐAJASLAVONSKI
BRODINDUSTRY 4.332.000,00 1.575.000,00 36.36
107 DIP COMMERCE OGULIN TRADE 4.936.960,00 1.855.920,00 37.59
108 LABIN LABIN CONSTRUCTION 3.085.600,00 1.181.800,00 38.30
109 INDI-METAL VODNJAN CRAFT 2.253.400,00 866.780,00 38.47
110 NAŠA DJECA-OFSET ZAGREB INDUSTRY 2.330.160,00 904.020,00 38.80
111 GP IZGRADNJA-
NISKOGRADNJASPLIT CONSTRUCTION 4.268.160,00 1.692.140,00 39.65
112 ZAVOD ZA EKONOMIKU ZAGREB FINANCE & OTHERS 4.370.000,00 1.748.000,00 40.00
113ČELIK-MONT KRIŽEVCI INDUSTRY 36.217.040,00 14.500.260,40 40.04
114 DELTA, ROGOTIN PLO ČE AGRICULTURE 27.135.800,00 10.997.200,00 40.53
115 ME ĐIMURJE
VISOKOGRADNJAČAKOVEC CONSTRUCTION 36.308.088,00 14.792.640,00 40.74
116 DIP STOLARIJA OGULIN INDUSTRY 7.866.000,00 3.209.100,00 40.80
117 VJESNIK ZAGREB PUBLISHING, EDUCATION &
CULTURE54.344.000,00 22.243.200,00 40.93
118 KIO KARLOVAC INDUSTRY 44.400.000,00 18.470.400,00 41.60
119 KNINJANKA KNIN INDUSTRY 13.200.000,00 5.532.900,00 41.92
120 ELEKTRON ZAGREB CONSTRUCTION 3.119.917,80 1.318.596,20 42.26
121 TEHNOKRISTAL PLO ČE INDUSTRY 2.280.000,00 974.700,00 42.75
122 AGROPRERADA KNIN AGRICULTURE 31.847.000,00 13.656.500,00 42.88
123 LIKA DONJI LAPAC INDUSTRY 6.980.400,00 2.994.600,00 42.90
124 SLJEME VRBOVSKO AGRICULTURE 14.685.616,80 6.419.720,00 43.71
125 OLKON-OPREMA-
POSTROJENJALUDBREG INDUSTRY 3.364.500,00 1.471.700,00 43.74
126 TRGOSIROVINA SINJ INDUSTRY 6.963.500,00 3.135.000,00 45.02
127 PRIMORJE-TEKSTIL SPLIT TRADE 9.462.000,00 4.267.020,00 45.10
128 GRAF.POD.SLOBODNA
DALMACIJASPLIT PUBLISHING, EDUCATION &
CULTURE31.597.760,00 14.256.460,00 45.12
129 LUKA RIJEKA RIJEKA TRANSPORT &
COMUNICATIONS293.823.000,00 133.611.700,00 45.47
130 AGRARIACOOP ZAGREB AGRICULTURE 48.223.900,00 21.977.300,00 45.57
131 OPREMA-ZOOTEHNI ČKA
OPREMALUDBREG INDUSTRY 5.645.348,40 2.588.940,00 45.86
132 NIGMA NOVA KAPELA INDUSTRY 2.999.340,00 1.395.360,00 46.52
133 VIS-ZAJEDNI ČKI SERVIS VARAŽDIN TOURISM & CATERING 1.675.040,00 795.720,00 47.50
134 DUHAN, VRGORAC VRGORAC INDUSTRY 12.667.680,00 6.022.240,00 47.54
135 VINILPLASTIKA ZADAR INDUSTRY 16.309.600,00 7.820.400,00 47.95WT/ACC/HRV/51
Page 19
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
136 INTERPLET ZAGREB TRADE 822.700,00 394.949,20 48.01
137 TVORNICA PAPIRA
RIJEKARIJEKA INDUSTRY 110.329.200,00 53.051.800,00 48.09
138 DEKOR, ZABOK ZABOK INDUSTRY 27.014.200,00 13.022.600,00 48.21
139 SOLUS VLADISLAVCI INDUSTRY 3.956.700,00 1.911.200,00 48.30
140 GRIJANJE ZAGREB CONSTRUCTION 12.814.200,00 6.220.800,00 48.55
141 MERKATOR-NANOS-
OPSKRBAČABAR TRADE 4.843.100,00 2.372.720,00 48.99
142 3.MAJ RIJEKA INDUSTRY 464.734.326,60 227.836.980,00 49.03
143 TVORNICA VIJAKA
PUNATPUNAT INDUSTRY 4.744.300,00 2.327.880,00 49.07
144 GRADITELJ, VINKOVCI VINKOVCI CONSTRUCTION 8.256.233,40 4.054.600,00 49.11
145 DUHAN, PODRAVSKA
SLATINASLATINA INDUSTRY 62.435.400,00 31.175.400,00 49.93
146 TISAK ZAGREB TRADE 157.473.900,00 78.717.000,00 49.99
T O T A L 5.709.834.501,80 1.859.475.172,40 32.57%
50-99% IN CROATIAN PRIVATIZATION FUND PORTFOLIO
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
1 ZAGREB STUDIO ZAGREB FINANCE & OTHERS 35.378,00 17.689,00 50.00
2 AUTOTRANS VARAŽDIN TRANSPORT &
COMUNICATIONS13.376.000,00 6.687.418,60 50.00
3 TRGOKOM-PODRAVINA ĐURĐEVAC TRADE 560.880,00 280.440,00 50.00
4 RIBARSTVO SRB AGRICULTURE 1.578.000,00 789.900,00 50.06
5 MREŽNICA DUGA RESA TRADE 41.298.400,00 21.090.000,00 51.07
6 MAJ STIL RAŠA INDUSTRY 2.667.600,00 1.375.980,00 51.58
7 MOGAL VARAŽDIN HEALTH & SOCIAL CARE 3.503.600,00 1.818.300,00 51.90
8 MERKUR KARLOVAC TRADE 13.214.880,00 6.919.420,00 52.36
9 SARDINA POSTIRA INDUSTRY 34.101.960,00 17.863.420,00 52.38
10 MONTING-VENTILATOR OGULIN INDUSTRY 5.163.820,00 2.783.500,00 53.90
11 SISA ČKI TJEDNIK SISAK PUBLISHING, EDUCATION &
CULTURE669.328,20 367.080,00 54.84
12 INTAL ZAGREB CONSTRUCTION 61.560,00 34.200,00 55.56
13 AUTO ŠKOLA CENTAR SPLIT PUBLISHING, EDUCATION &
CULTURE136.936,80 77.520,00 56.61
14 TANG TVORNICA ALATA NOVA GRADIŠKA INDUSTRY 79.711.800,00 46.000.500,00 57.71
15 PRIMOŠTEN ŠIBENIK TOURISM & CATERING 186.494.120,00 109.433.160,00 58.68
16 BRODOGRADILIŠTE
TROGIRTROGIR INDUSTRY 196.576.903,20 117.951.240,00 60.00
17 UNIMAL ZAGREB TRADE 30.400,00 18.354,00 60.38
18 STROJOTEHNA ZAGREB CRAFT 592.800,00 365.058,40 61.58
19ČELIK ORAHOVICA INDUSTRY 6.771.000,00 4.192.500,00 61.92
20 PODRAVINA-POSL.
USLUGEĐURĐEVAC FINANCE & OTHERS 403.560,00 250.040,00 61.96
21 GP DINARA KNIN CONSTRUCTION 14.300.000,00 8.865.000,00 61.99
22 S.I.G.I.T. SAMOBOR INDUSTRY 4.529.220,00 2.811.620,00 62.08
23 AGROKOKA, ZAGREB ZAGREB AGRICULTURE 131.939.800,00 82.030.220,00 62.17
24 POLUOTOK ZADAR CONSTRUCTION 111.925,20 69.661,60 62.24
25 VIRŽINIJA VIROVITICA INDUSTRY 8.186.100,00 5.144.100,00 62.84
26 TVORNICA OLOVNIH
PROIZVODA (TOP)ZAGREB INDUSTRY 78.511.800,00 49.406.460,00 62.93
27 ADRIA DIESEL KARLOVAC INDUSTRY 19.776.200,00 12.468.600,00 63.05
28 ADRIACHEM KAŠTEL
SUĆURACINDUSTRY 229.953.960,00 145.408.520,00 63.23
29 STANOUSLUGA RIJEKA CONSTRUCTION 626.620,00 397.480,00 63.43
30 HUT GRUBIŠNO POLJE GRUBIŠNO POLJE TOURISM & CATERING 12.369.000,00 7.908.560,00 63.94
31 NIP REVIJE VJESNIK ZAGREB PUBLISHING, EDUCATION &
CULTURE9.701.400,00 6.467.600,00 66.67
32 AERODROM RIJEKA-
RIVIJERA KVARNERRIJEKA TRANSPORT &
COMUNICATIONS132.665.600,00 88.445.000,00 66.67
33 FRIGOPROM SPLIT TRADE 116.211,60 77.520,00 66.71WT/ACC/HRV/51
Page 20
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
34 AGROLABIN LABIN AGRICULTURE 35.398.098,20 23.733.660,00 67.05
35 POLJOPRIVREDA
GRADINAGRADINA AGRICULTURE 29.564.000,00 19.955.320,00 67.50
36 OBZOR ZAGREB FINANCE & OTHERS 76.000,00 51.300,00 67.50
37 MIRNA-TRGOVINA ROVINJ TRADE 2.287.600,00 1.616.900,00 70.68
38 TAPETAR, SPLIT SPLIT CRAFT 104.192,20 74.480,00 71.48
39 MARDEŠI Ć SALI INDUSTRY 39.829.301,00 29.147.520,00 73.18
40 SC FORUM SOLIN TOURISM & CATERING 3.488.400,00 2.620.100,00 75.11
41 ZAGREP ČANKA ZAGREB TRADE 81.429.600,00 61.626.600,00 75.68
42 BAGAT-
ELEKTROKOMERCZADAR CONSTRUCTION 557.080,00 438.140,00 78.65
43 IVANI ĆPLAST IVANI Ć-GRAD INDUSTRY 16.605.848,00 13.106.200,00 78.93
44 MEDIPLAST ČAZMA INDUSTRY 5.213.600,00 4.165.940,00 79.91
45 V. GORTAN ZAGREB CONSTRUCTION 254.775.940,00 204.246.200,00 80.17
46 ISTRA-GENETSKI
CENTARBUZET AGRICULTURE 9.681.096,60 8.035.115,20 83.00
47 KLA-MA KLANJEC TRADE 2.346.120,00 1.956.620,00 83.40
48 TEXPARTNER BUZET INDUSTRY 9.891.400,00 8.394.200,00 84.86
49 SALONSTIL SPLIT TRADE 158.840,00 137.427,00 86.52
50 GRA ĐA BELI MANASTIR TRADE 4.223.700,00 3.781.800,00 89.54
51 PGM RAGUSA DUBROVNIK INDUSTRY 26.234.000,00 24.288.000,00 92.58
52 TVIK KNIN INDUSTRY 93.870.000,00 89.730.000,00 95.59
53 PLAN BIRO RIJEKA FINANCE & OTHERS 21.660,00 21.169,80 97.74
T O T A L 1.845.493.239,00 1.244.942.753,60 67.46%
100% IN CROATIAN PRIVATIZATION FUND PORTFOLIO
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
1E R G E L A  ĐAKOVO ĐAKOVO AGRICULTURE 13.576.800,00 13.576.800,00 100.00
2 RAZVITAK ILOK TRADE 11.020.000,00 11.020.000,00 100.00
3 AGROKOMERC ILOK AGRICULTURE 24.700.000,00 24.700.000,00 100.00
4V U ČEDOL VUKOVAR INDUSTRY 13.300.000,00 13.300.000,00 100.00
5 BOJORAD VUKOVAR INDUSTRY 5.700.000,00 5.700.000,00 100.00
6 ELIP VUKOVAR INDUSTRY 18.240.000,00 18.240.000,00 100.00
7 OTOKAR KERŠOVANI RIJEKA INDUSTRY 5.132.200,00 5.132.200,00 100.00
8 POUNJE DVOR NA UNI INDUSTRY 1.118.000,00 1.118.000,00 100.00
9 ŠAMARICA DVOR INDUSTRY 27.204.000,00 27.204.000,00 100.00
10 PREHRANA GLINA INDUSTRY 12.179.000,00 12.179.000,00 100.00
11 DIP GLINA GLINA INDUSTRY 4.621.000,00 4.621.000,00 100.00
12 TRGOPROMET GLINA TRADE 14.928.000,00 14.928.000,00 100.00
13 UP CENTRAL HRVATSKA
KOSTAJNICATOURISM & CATERING 10.064.300,00 10.064.300,00 100.00
14 ILOKTURIST ILOK TOURISM & CATERING 4.560.000,00 4.560.000,00 100.00
15 DALMACIJA ŠIBENIK INDUSTRY 360.000,00 360.000,00 100.00
16 TVORNICA SULFATNE
CELULOZE I PAPIRAPLAŠKI INDUSTRY 50.778.600,00 50.778.600,00 100.00
17 CENTAR ZA
INDUSTRIJSKOOBLIKOVANJEZAGREB FINANCE & OTHERS 47.200,00 47.200,00 100.00
18 IPZ-TERMOPROJEKT ZAGREB FINANCE & OTHERS 66.120,00 66.120,00 100.00
19 INEL ZAGREB INDUSTRY 39.520,00 39.520,00 100.00
20 TVORNICA
AUTOMOBILSKIH
DJELOVA I OPREMEBELI MANASTIR INDUSTRY 25.614.713,20 25.614.713,20 100.00
21 BARANJSKA TEKSTILNA
INDUSTRIJABELI MANASTIR INDUSTRY 18.507.630,20 18.507.630,20 100.00
22 SLOVO GRAFI ČKO
PODUZE ĆEBELI MANASTIR INDUSTRY 3.301.117,00 3.301.117,00 100.00
23 NEIMAR BELI MANASTIR CONSTRUCTION 4.690.830,20 4.690.830,20 100.00
24 PROJEKTNI BIRO BELI MANASTIR FINANCE & OTHERS 1.110.683,00 1.110.683,00 100.00WT/ACC/HRV/51
Page 21
NO. COMPANY HEADQUARTER SECTOR EQUITY
(HKN)RESIDUAL CPF
PORTFOLIO% OF
EQUITY
25 VETERINARSKA
STANICABELI MANASTIR AGRICULTURE 2.475.426,40 2.475.426,40 100.00
26 LIKAPLAST UDBINA INDUSTRY 2.682.600,00 2.682.600,00 100.00
27 VETERINARSKA
STANICA GRA ČACGRAČAC AGRICULTURE 526.600,00 526.600,00 100.00
28 PROGRES BELI MANASTIR INDUSTRY 12.398.856,60 12.398.856,60 100.00
29 DUNAV BELI MANASTIR TRADE 26.982.169,80 26.982.169,80 100.00
30 ADICA BELI MANASTIR TOURISM & CATERING 2.689.856,60 2.689.856,60 100.00
31 AERODROM OSIJEK OSIJEK TRANSPORT &
COMUNICATIONS28.281.880,00 28.281.880,00 100.00
32 MLJEKARA KNIN INDUSTRY 1.817.000,00 1.817.000,00 100.00
33 AGROPRODUKT BENKOVAC AGRICULTURE 23.206.000,00 23.206.000,00 100.00
34 BATINA BATINA TOURISM & CATERING 336.026,40 336.026,40 100.00
35 SLOBODA DVOR INDUSTRY 1.130.000,00 1.130.000,00 100.00
36 MIKROSIVERIT SIVERI Ć INDUSTRY 5.050.000,00 5.050.000,00 100.00
37 ME-KO ČAKOVEC INDUSTRY 2.660.000,00 2.660.000,00 100.00
38 PRERADA DRVETA DARDA INDUSTRY 1.325.400,00 1.325.400,00 100.00
39 LJEVAONICA BATINA INDUSTRY 4.923.895,60 4.923.895,60 100.00
40 INA-PETROKEMIJA KUTINA INDUSTRY 2.471.721.000,00 2.471.721.000,00 100.00
41 KOKSAR BAKAR INDUSTRY 288.317.938,00 288.317.938,00 100.00
42 HIDROPROJEKT-VIK ZAGREB INDUSTRY 19.682,00 19.682,00 100.00
43 MOTOR ZAGREB TRADE 71.949,20 71.949,20 100.00
44 MEX TOURS ZAGREB TOURISM & CATERING 270.560,00 270.560,00 100.00
T O T A L 3.147.746.554,20 3.147.746.554,20 100%
THE TOTAL
TOTAL NUMBER OF COMPANIESEQUITY (HKN) RESIDUAL CPF
PORTFOLIO% OF
EQUITY
743 30.244.847.804,00 7.847.671.065,80 25,95%WT/ACC/HRV/51
Page 22
Unfortunately, Croatia does not have data on the portion of its economic activity that is
carried out by non-privatized companies.
Question 5.
We seek information in order to understand better the role of the State in the ownership, output
and the market for which we are seeking commit ments on access.  While the chart provided by
Croatia on the status of “commercialization” is us eful as a start, it does not address the question
this delegation put forward.  We are seeking information covering the process of
commercialization over a recent representative period and similar to the chart provided by
Bulgaria in WT/ACC/BGR/5 and by other recent acceding countries with active privatization
programs at the time of accession.
Reply
Croatia is not able to follow the chart from WT/ACC/BGR/5 because of the lack of detailed
statistical data on privatization.
In Croatia’s model of privatization there were no decisions to open procedure. According to
the Law on Privatization, all companies were obliged to register and to send documentation before
June 30, 1992 to the former Agency for Reconstruction and Development (now Croatian Privatization
Fund).
Only whole enterprises were subject to privatization, not separated parts of enterprises. In
some cases, where parts of enterprises were sold, it was an autonomous decision of their management.
CPF doesn’t have any data on the matter.
There were no suspended procedures. The procedure was extended only to the companies
located in occupied areas of Croatia until the end of 1995.
According to the Law on Privatization, companies were responsible for evaluation, which was
subject to approval by the Agency for Reconstruction and Development (later Croatian Privatization
Fund).
All the companies that were issued the Decision on transformation were evaluated.
Sale of companies was made exclusively through tenders, there were no direct negotiations.After receiving the approval for transfor mation, every company went through the same
procedure; the shares were offered first to the employees and former employees, followed by the
attempt to sell the company by public tendering. If there were no interested buyers,  2/3 of the shareswere transferred to the portfolio of the CPF for further sale, and 1/3 to the State Pension Fund. In the
process of transformation, there was no direct selling of companies. The concentration of shares after
the privatization was not created by the CPF, but by  the small shareholders who sold their shares to
the market
Whole companies were only sold, neither parts of companies were sold, or parts of their
property.
Croatia does not keep records on suspended transactions. There are repeated sales of the
companies that were not sold.WT/ACC/HRV/51
Page 23
Expenditures related to privatization process are not known, due to the lack of statistical data.
Total expenditures consist of CPF budget and the expenditures borne by the companies themselves
concerning the estimation costs and elaboration of documentation)
We enclose the table and chart on enterprises privatization models indicators by sector (1992-
1999)WT/ACC/HRV/51
Page 24Enterprises privatization models Indicators by sector (1992.-1999.)
Enterprises in privatization MEBO IPO Transfer to pension funds Auctions on Zagreb stock
exchangeTransfer to Croatian  war veterans
Sector No. Equity (DEM) value of share/stock
(DEM)% of equity value of share/stock (DEM) % of equity value of share/stock
(DEM)% of equity value of
share/stock
(DEM)% of equity value of share/stock
(DEM)% of equity
Industry and
mining726 10,815,845,158 2,837,512,318 26.23 367,239,881 3.40 919,901,525 8.51 132,229,981 1.22 174,219,946 1.61
Agriculture and
fishing222 1,701,602,217 388,600,760 22.84 99,700,407 5.86 176,013,728 10.34 8,548,536 0.50 8,353,983 0.49
Construction 270 1,043,150,038 391,816,232 37.56 13,921,270 1.33 109,525,721 10.50 33,385,091 3.20 7,870,705 0.75
Trade 474 4,317,708,349 1,432,280,157 33.17 99,123,292 2.30 777,871,881 18.02 157,546,837 3.65 52,802,746 1.22
Tourism and
catering235 4,389,613,513 1,236,671,243 28.17 53,523,711 1.22 486,567,466 11.08 95,724,685 2.18 47,832,748 1.09
Housing
construction andutilities187 199,493,762 95,248,182 47.74 8,217,059 4.12 16,779,453 8.41 13,696,157 6.87 3,623,442 1.82
Communal
utilities36 34,612,220 20.082,143 58.02 350,290 1.01 852,900 2.46 478,100 1.38 507,400 1.47
Financial and
other services350 1,537,673,965 415,730,301 27.04 16,338,550 1.06 211,180,831 13.73 7,433,277 0.48 9,632,193 0.63
Education, culture
and publishing86 207,154,450 76,720,860 37.04 13,690,129 6.61 38,901,779 18.78 6,464,553 3.12 5,308,143 2.56
Health and social
care15 17,762,015 12,494,259 70.34 2,600 0.01 1,868,400 10.52 39,000 0.22 97,500 0.55
Total 2,601 24,264,615,687 6,907,156,454 28.47 672,107,188 2.77 2,739,463,684 11.29 455,546,218 1.88 310,248,807 1.28
Note: non-commercialized Enterprises and Enterprises in liquidation and bankruptcies are not include in table. No. of Enterpris es covered by Transformation Law = 2,950
MEBO - Management and Employees Buy-out, IPO - Initial Public OfferingWT/ACC/HRV/51
Page 25Enterprises privatization models Indicators by sector (1992.-1999.)
Transfer for financing
reconstructionVoucher privatization Debt Equity swap Recapitalization Reserved for  compensations Other Residual CPF portfolio
Sector value of
share/stock
(DEM)% of
equityvalue of share/stock
(DEM)% of
equityvalue of
share/stocks
(DEM)% of
equityvalue of
share/stock (DEM)% of
equityvalue of share/stock
(DEM)% of equity value of share/stock
(DEM)% of
equityvalue of
share/stock
(DEM)% of
equity
Industry andmining1,122,069,472 10.37 1,838,733,925 17.00 299,065,596 2.77 127,757,998 1.18 340,025,285 3.14 117,783,442 1.09 2,539,305,788 23.48
Agriculture and
fishing79,710,941 4.68 206,466,976 12.13 41,464,218 2.44 5,915,451 0.35 521,115,442 30.62 60,432,812 3.55 105,278,965 6.19
Construction 116,408,228 11.16 30,177,016 2.89 8,234,136 0.79 830,206 0.08 44,712,743 4.29 21,850,018 2.09 264,418,672 25.35
Trade 503,366,954 11.66 514,795,943 11.92 115,145,381 2.67 82,471,000 1.91 133,183,390 3.08 69,299,880 1.61 379,820,887 8.80
Tourism and
catering384,450,775 8.76 813,931,864 18.54 409,484,929 9.33 26,895,696 0.61 355,648,643 8.10 40,877,882 0.93 438,003,871 9.98
Housing
construction andutilities9,889,849 4.96 11,537,980 5.78 3,971,977 1.99 68,267 0.03 11,794,562 5.91 7,471,026 3.74 17,195,807 8.62
Communal
utilities904,700 2.61 810,800 2.34 1,513,470 4.37 0 0.00 1,808,600 5.23 14,000 0,04 7,289,817 21.06
Financial and
other services183,799,873 11.95 150,090,519 9.76 142,862,606 9.29 54,296,521 3.53 114,013,635 7.41 2,626,027 0.17 229,669,632 14.94
Education,
culture andpublishing6,463,619 3.12 3,094,759 1.49 5,623,527 2.71 8,538,763 4.12 25,881,719 12.49 1,693,100 0.82 14,773,499 7.13
Health and
social care550,200 3.10 0 0.00 443,500 2.50 0 0.00 297,211 1.67 0 0.00 1,969,345 11.09
Total 2,407,614,612 9.92 3,569,639,782 14.71 1,027,809,340 4.24 306,773,901 1.26 1,548,481,231 6.38 322,048,188 1.33 3,997,726,282 16.48
Note: non-commercialized Enterprises and Enterprises in liquidation and bankruptcies are not include in table. No. of Enterpris es covered by Transformation Law = 2,950
MEBO - Management and Employees Buy-out, IPO - Initial Public OfferingWT/ACC/HRV/51
Page 26
Question 6.
The headings of Table 1 in document WT/ACC/SPEC/HRV/7 are not clear and should be
revised to indicate, e.g., 25 percent of what?
We seek Croatia’s cooperation in improving the table and coherence of information provided on
this issue, covering the following:
(a) Over what period have these firms been converted from state or “socially owned” to
private ownership
(b) the total number of socially owned firms that existed in each period (including those
stated for privatization and those not) as a base number;
(c) what kind of firms they were, e.g. ., retail, manufacturing, agricultural processing, etc.,
and how many are privatized
(d) more information on the nearly 40 percent of firms that have only 25 percent or less
private holding and whether these firms are intended to undergo further privatization.
We remain interested in improving the scope and coherence of this section of the report,
through substantive responses to our requests, and through revision and simplification of the
other new material in this section, much of  which would seem more suitable for bilateral
discussion.
Reply
We enclose the table on enterprise indicators by ownership structure, hoping that it would
give clearer picture on the matter.
From 1992- 1999:
Selected Enterprise Indicator by Ownership Structure (as of May 1999)
100% State
Owned50-99% State
Owned 25-50% State
Owned up to 25%
State OwnedFully Privatized Total Total (nc.
Included)Total
(bankruptciesincluded)
No of Companies 44 53 146 502 1856 2601 2726 2950
% of Total 1,69% 2,04% 5,61% 19,30% 71,36% 100,00%
% of Total (incl. non -commercialized)1,61% 1,94% 5,36% 18,42% 68,09%
% of Total (incl. non -
commercialized andbankruptcies)1,49% 1,80% 4,95% 17,02% 62,92%
Total Equity (in HRK) 3.147.746.554 1.845.493.239 5.709.834.502 19.541.773.50
957.487.486.508 87.732.334.312
% of Total Equity 3,59% 2,10% 6,51% 22,27% 65,53% 100,00%
Average Equity (per
Company in HRK)71.539.694,41 34.820.627,15 39.108.455,49 38.927.835,68 30.973.861,27
No of Shareholders not comparable 5.269 22.560 222.851 227.011
Average No of Sh.
(per Company)not comparable 99,42 154,52 443,93 122,31
No. of Companies Covered by Transformation Law 2950
o/w commercialized 2825o/w non commercialized 125Liquidations and Bankruptcies 224WT/ACC/HRV/51
Page 27
The large majority of companies that make part of the Croatian Privatization Fund portfolio
today are, either in very poor state, or planned to be privatized immediately for the purpose of post-
war reconstruction, or further voucher privatization.
II. FRAMEWORK FOR MAKING ENFORCING POLICIES
Implementation of WTO Provisions
Question 7.We appreciate the draft laws and other inform ation provided by Croatia in WT/ACC/HRV/46
and more recently.  We would like to see the table provided by Croatia refined and expanded to
take account of this new material.
Reply
Implementation of the WTO provisions and agreements in Croatia’s legislation – Laws and
regulations in the process of revision:
WTO provisions/agreements Croatia legislation Enactment Enforcement
Articles, XI,XII, XIX,XX, XXI of
GATT 1994 including Agreement on
Implementation on Article VI of the
GATT 1994; Agreement on
Safeguards; Agreement on Subsidies
and Countervailing  MeasuresLaw amending Law
on TradeSent to
Parliament for
the final readingEnd of June
1999
Agreement on Implementation ofArticle VII of the General Agreement
on Tariffs and trade 1994Customs Law June (Law
passed the first
reading in the
Parliament)The Customs
Law shall be
adopted by the
end of June
1999 and shall
enter intoforce on 1. 1.
2000, except
for the part of
the Law
related toCustoms
valuation,
which shall be
implemented
by June 30,
1999.
Articles II,III Law amending Law
on excise  taxes on
tobacco and tobaccoproductsJune 1999
(Law passed the
second  readingin the
Parliament)End of June
1999
Agreement on Technical Barrier toTradeLaw on State
InspectorateJune 1999 (Law
is in the second
reading in the
Parliament)End of June
1999WT/ACC/HRV/51
Page 28
WTO provisions/agreements Croatia legislation Enactment Enforcement
Agreement on Rules of Origin Decision on rules of
origin(Governmental
Decree)June 1999 June 1999
Agreement on Trade Related Aspects
of Intellectual Property Rights
(TRIPS)
(Detailed information concerning the
implementation of the TRIPS
Agreement in Croatian legislation is
already submitted).Patent Law
Trademark Law
Industrial Design
Law
Law on Layout ofIntegrated Circuits
Law on Geographical
Indications
Law on Amendments
of  Copyright LawJune (Laws are
currently in the
first reading in
the Parliament)end of June
1999
Drafts of all above mentioned laws and regulations are submitted to the WP for comments
and remarks.
Question 8.
We would appreciate a more precise indication from Croatia as to when its tax policy will be
revised to meet Articles II and III of the GATT, i.e., rather than “upon accession” since that
could take quite some time.
Reply
As already replied in the document WT/ACC/HR V/48 and in the Draft Report, Croatia has
already brought its taxes into line with Articles II and III of the WTO, for all products, except in case
of excise taxes for tobacco products. The Law amending the Law on Excise Taxes on Tobacco and
Tobacco products has passed the second reading in the Croatian State Parliament and will be ready forthe third reading by the end of May 1999. The process of adoption has been delayed due to the
necessity to pass the new Law on Tobacco stipulating the growing, production and conditions for
industrial production of tobacco products. The Tobacco Law has passed the second reading in the
Croatian State Parliament and is also prepared for the third reading. The Tobacco Law stipulates
tobacco and cigarettes categories on the basis of which the amount of excise tax will be determined.Those two Laws will be adopted by 1 June 1999 and applied by the date of Croatia's accession to the
WTO.
The draft Law Amending the Law on Excise Taxes on Tobacco Products and the Tobacco
Law have been submitted to the WP for comments.
Therefore, it is reasonable to argue that Croatia is already applying all its taxes in compliance
with relevant WTO provisions, except in the case of excise taxes for tobacco products. This remaining
Law will be applied at the latest by the date of Croatia's accession to WTO as stated in the Draft
Report (under A. Import Regulations), and we hope that this will be rather soon, taking into account
the state of play of the process.WT/ACC/HRV/51
Page 29
Question 9.
There is no mention of additional regulations/laws relevant to Croatia’s WTO requirements,
e.g., the decision on enquiry points, the revised regulation on phytosanitary inspection, and the
foodstuffs law.
Reply
Prior to the Informal Working Party held on 4 May 1999, Croatia has submitted all relevant
regulations to the WTO Secretariat and all interested members. The Decision on establishing the
Enquiry Point for TBT and SPS has also been submitted as stated in the Reply on page 1 of this
document.
By the end of May 1999, the Government of Croatia shall adopt a decision establishing an
Enquiry Point in accordance with Article III paragraph 3 of the General Agreement on Trade in
Services. That Enquiry Point shall be established in the Ministry of Economy. The text of the draft
Decision on Establishing the Enquiry Point in accordance with the GATS is attached to this
document.
With regard to the SPS and TBT legislation it has also been submitted to the Working Party
before 4 May 1999. After reviewing all comments, remarks and requests of the Working Party
members on the implementation of the Agreements on TBT and SPS in Croatia, we have made
changes to the legislation on mandatory quality control system as applied to the imported products, inorder to eliminate all national treatment concerns. The extract of the draft Law on State Inspectorate
regulating the issue of quality control has also b een submitted to the Working Party. Other provisions
related to the application of TBT and SPS measures in Croatian actual legislation and practice,
especially sanitary, phytosanitary and veterinary inspection, are seen to be consistent with the WTO
provisions. Attached to this document is the text  of the Regulation on Amendments to the Regulation
on phytosanitary Inspection of Plants and Control of Plant- Protection Products in the National Cross-
Boundary Transportation which would enter into force by 25 May 1999.
Question 10.
There is no mention of additional regulations/laws to address the 1 percent fee applied to
imports from Macedonia and Slovenia.
Reply
We would like to inform the Working Party that the authorities of Croatia and Macedonia
have agreed on amending their bilateral Free Trad e Agreement in order to bring it into compliance
with Article XXIV of the GATT. An Annex shall be  added to the Agreement, thus eliminating the 1
per cent customs duty applied on the Croatian side and the 1 per cent customs evidence fee applied on
the Macedonian side. Therefore, Croatia would apply zero duty in accordance with that Free Trade
Agreement from 1 July 1999.  Macedonia would do the same from 1 January 2000.
The Free Trade Agreement between Croatia and Slovenia contains no 1 per cent fee and
consequently, no additional legislation is required in this respect. This Agreement has already been
notified to the WTO by the delegation of Slovenia.
III. POLICIES AFFECTING TRADE IN GOODS
Trading rightsWT/ACC/HRV/51
Page 30
Question 11.
The response to question 9 of the WT/ ACC/HRV/39/Add.2 and WT/ACC/HRV/25 do not
address the question in WT/ACC/HRV/48 co ncerning an activity licensing regime.
Does Croatia have one? If so, please describe the criteria applied to receive such a license and
the procedures used to grant it, with special ref erence to (a) activities that involve importing,
and (b) the WTO Agreements on Import Licensing Procedures.
We appreciate Croatia’s acceptance of the commitment on trading rights. We reserve pending
receipt of information on activity licensing .
Reply
Similar to other countries, Croatia has an activity licensing regime only for a few number of
products affecting public health and safety. This  Activity licensing regime covers the activities in the
following fields: arms and ammunition, explosive substances, medicines and pharmaceutical products,
toxins and narcotics. Therefore, each company wishing to carry out business activities in these areas
should obtain an activity license prior to register itself at the commercial court for such business.
The requirements concerning the activities with arms and ammunition are covered by the
"Law on Arms", Official Gazette, No 69/92.
In the sense of the above Law, activities with arms and ammunition include the purchase of
arms and ammunition for further sale, storage, as well as retail sale and wholesale.
The companies and shops engaged in the activities with arms and ammunition may be
founded by legal and physical persons under conditions determined by the Law and who are issued a
licence for those activities by the Ministry of the Interior.
The request for the issuance of the licence has to be accompanied by the list of founders of
the company and responsible persons of the company or its branch offices.
The licence shall be issued to the demander, i.e. the company founder or responsible person,
complying with the following conditions:
- the age of 21 years
- that he is not criminally pursued and the judicial procedure for such a crime has not been open
- that he is not punished for offence and the procedure for such an offence has not been open
- that there are no indications that the person could misuse the arms, as for instance, excessive
alcohol consumption, serious problems within the family, with the neighbours or on the job,
the violation of regulations on hunting or sport rifle shooting.
- that medical examinations confirm that he is capable of keeping and carrying arms.
The Ministry of the Interior shall issue the licence for the activities concerning arms and
ammunition after determining that the above conditions are met.
After the licence is issued, the company has to equip the business premises in accordance
with the Regulation on special requirements that the premises for the production of arms, circulation
of arms and ammunition, repair of arms, rifle ranges, as well as the fire prevention, theft and misuse
prevention (Official Gazette 8/93) within the period of one year and may start the activitiesconcerning arms and ammunition.WT/ACC/HRV/51
Page 31
The Law on Explosive Substances for economic usage (Official Gazette 12/94) stipulates the
conditions for the circulation of explosive substances.
The term explosive substances includes the purchase for further sale, as well as imports and
sale, storage and keeping of explosive substances in warehouses and storing places of the companies
which purchase, store or sell those substances.
The legal persons may start activities concerning explosive substances on the basis of the
licence issued by the Ministry of the Interior.
The request for the issuance of the licence must be accompanied by:- name of the responsible person and/or persons in charge of that activity with the legal
person
- certificate from the Trade Court Register
- the proof on the possession of appropriate warehouse (own or rented) in accordance
with the provisions of the above Law,
- the proof on qualification and health of the persons who will handle with explosive
substances,
- the proof that the responsible person or the person in charge of that activity were not
punished for crimes or that the judicial procedure against those persons was not open.
The Ministry of the Interior, on the basis of the request, issues the licence for the activities
concerning explosive substances to the companie s that comply with the following requirements:
- the premises should be equipped in accordance with the regulations on special
technical requirements for safe storage of explosive substances and the regulations on
fire prevention, theft, other accidents and misuse prevention (approved warehouse),
- the location of the premises,
- security measures,
- qualifications for handling explosive substances
Explosives, substances initiating explosives and gunpowder intended for mining and similar
works are only to be sold to legal persons holding licence.
According to Article 19 of the Law on Explosive Substances, any explosive substance that is
not on the list of explosive substances for economic use may be traded only on the basis of a licence
issued by the Ministry of the Interior.
The request for the issuance of such a licence must contain:
- name, characteristics and other data on explosive substance,
- description of works that the explosive substance is intended for
- expert opinion (attest - certificate) of the authorised expert institution which proves
its characteristics,
- Instructions for usage- Expiry date,
- Other data important for safety.
The activities concerning medicines and pharmaceutical products are governed by the "Law
on Medicines and Pharmaceutical Products" Official Gazette 124/97.
The activities with medicines and pharmaceutical products in the sense of the Law are:
mediation between producer and end user of the medicine or pharmaceutical product including retail
sale and whole sale of medicines and pharmaceutical products.WT/ACC/HRV/51
Page 32
Retail and wholesale of medicines and pharmaceutical products may be carried out by legal
and physical persons meeting the special requirements (Minister of Health stipulates those
requirements) and who have the activity licence for retail and wholesale.
The wholesale of medicines and pharmaceutical products in the sense of the "Law on
Medicines and Pharmaceutical Products" means the acquisition, storage, supply, imports and exports
of medicines and pharmaceutical products.
The wholesale of medicines and pharmaceutical products may be carried out by:- Legal persons possessing the activity licence for wholesale of medicines and
pharmaceutical products issued by the Ministry of Health.
- Producers of medicines and pharmaceutical products having their seat in the Republic
of Croatia may carry out activities with medicines and pharmaceutical products
possessing the licence.
- Croatian Institute for Public Health - serum and vaccinations
- Croatian Institute for Blood Transfusion - blood and blood products
The imports of medicines and pharmaceutical products are carried out by wholesales, while
wholesale traders and producers of medicines are entitled to export those products.
The wholesale traders have to submit a written request to the Ministry of Health to issue an
approval to import medicines and pharmaceutical products. They can import only the ready-made
medicines and pharmaceutical products licensed in the Republic of Croatia. The Minister of Health
issues this licence in the period of 90 days.
The licence for wholesale and retail sale of medicines and pharmaceutical products is
published in the "Official Gazette".
"Law on Toxins" Official Gazette 27/99 governs the criteria for activities with toxins.The activities with toxins in the sense of this Law all: removal, storage, imports and exports,
transport, trade and all other activities with toxins.
The legal person carrying out the activities with toxins and physical person engaged in retail
business with toxins has to be issued an activity licence by the Ministry of Health and County Office,
or the Town of Zagreb Office in charge of health, determining that it complies with requirements
concerning premises, equipment, qualifications of employees and safety.
When this legal or physical person registers its activities, it is also obliged to attach the
licence for those activities.
The toxins may be imported only if the importer possesses the licence issued by the Ministry of Heath
and if the activities with those toxins are allowed in the territory of the Republic of Croatia.
The importer is obliged to inform border sanitary inspector at least 3 days before the arrival of
the shipment containing toxins.
The request to issue a licence for imports of toxins is submitted by the importer.
The request should be accompanied by the activity licence.
The activities with narcotics are governed by the provisions of the Law on Production and
Activities with Narcotics" Official Gazette 53/91WT/ACC/HRV/51
Page 33
The activities with narcotics, according to the Law, include import, export, transit, sale and
any other activity with narcotics. Those activities may be carried out only for medical, veterinary,
educational, laboratory and scientific purposes. The quantities thereof are determined by the Ministry
of Health annually.
The activities with narcotics are carried out on the basis of a licence issued by the Ministry of
Health.
Producers of narcotics and companies registered for wholesale of medicine carry out the
wholesale of narcotics, while the retail sale is carried out by pharmacies.
Imports and exports of narcotics are done by companies registered for the wholesale of
medicines and against the licence issued by the Ministry of Health. The Minister of Health determinesthe requirements and procedures for the issuance of the licence.
The customs offices are obliged to note date and place of customs clearance and to send the
used licences together with these data to the Ministry of Health in the period of eight days.
A. I
MPORT REGULATION
Other Duties and Charges Levied on Imports but not on Domestic Production
Question 12.
Can Croatia indicate what services is rendered for the stamp tax fees applied to customs
documents?
While the text in this paragraph reflects our commen ts, it is not accurate in that it does not deal
with stamp taxes not applied to domestic goods and to the 1 percent customs evidence fee
applied to imports from Macedonia and Bosnian Federation.This fee violates WTO provisions on free trade areas and also on non-tariff charges applied to
imports, and should be eliminated prior to a ccession. Please indicate in the Working Party
report how this fee will be addressed.
We reserve, pending resolution of these issues.
Reply
The "stamp tax fee" referred to, is an administrative stamp fee charged for services rendered
by the customs administration and it does not differ from other administrative fees charged by other
administrative bodies for services rendered, in accordance with the Law on Administrative Fees. This
fee amounts to 60 HRK (50 HRK for the declaration and 10 HRK for the registration document)which is equivalent to 8,6 USD. The fee covers the following services: registration of the
consignment, documentation control, registration and certification of documents, inspection of the
vehicle and goods, data entering, calculation of duties and taxes and issuance of a receipt. Therefore,
it is not a duty or charge levied on imports. That fee is also charged in the same amount when
exporting goods from Croatia. It is Croatia's opinion that this should not be treated under thisparagraph, as it is already explained under paragraph 55.
With regard to the 1 per cent customs duty (not customs evidence fee) applied to imports
from Macedonia, Croatia and Macedonia have agreed on amending their bilateral Free Trade
Agreement in order to bring it into compliance wi th Article XXIV of the GATT. An Annex shall be
added to the Agreement, thus eliminating the 1 per cent customs duty applied on the Croatian side and
the 1 per cent customs evidence fee applied on the Macedonian side. Therefore, zero duty would beWT/ACC/HRV/51
Page 34
applied in accordance with that Free Trade Agreement by Croatia from 1 July 1999 and by Macedonia
from 1 January 2000.
With regard to the free trade arrangement that was valid for only one part of the neighbouring
Bosnia and Herzegovina it has been abolished on 15 May 1999, and MFN based trade with the whole
territory of Bosnia and Herzegovina has been reintroduced.
Based on these facts, we would like to reiterate our confirmation that Croatia levies no duties
and charges on imports other than ordinary customs duties.
Application of Internal Taxes to Imports
Question 13.
We would appreciate a revised table reflecting table reflecting the new rates of excise to be
instituted in the law amendi ng the current law on excises.
Please confirm that Croatia levies only custom s tariffs (or the 1 per cent statistical fee), VAT,
and excise taxes on imports. If this is not so, please list all other taxes, tariffs, charges, and fees
applied.
Reply
Excise taxes for all products which are subject to excise tax (coffee, coffee husks and skins,
coffee substitutes containing coffee, alcoholic and non-alcoholic beverages, beer, motor vehicles,motorcycles, vessels, aircraft for private use and petroleum products), except tobacco and tobacco
products, have been brought into conformity with Articles II and III of the GATT 1994. The Law on
Excise Taxes on Tobacco and Tobacco Products, which will eliminate discriminatory excises for
domestic and imported tobacco products, is still in Parliamentary procedure (for the third reading),
and is expected to be adopted in next couple of weeks. After this Law is adopted, the Croatia’s excisetax legislation will be brought into full conformity with respective GATT articles, by the date of
Croatia's accession to the WTO.
The following is the new table on excise duties in Croatia reflecting the proposed new rates of
excise duties on tobacco products. This table will also be included in the Draft Report.)
Product description Tax rate (in kuna)
Coffee, per kg:
Non-roasted coffee 3.60
Roasted coffee 9.00
Coffee husks and skins 12.00
Coffee substitutes containing coffee 15.00
Non-alcoholic beverages, per hl:
Domestic 40.00
Imported 40.00
Beer (alcoholic), per hl:
Domestic 80.00
Imported 80.00
Beer (non-alcohol – max 0,5 per cent vol), per hl:
Domestic 40.00
Imported 40.00
Alcohol and alcoholic beverages:
Domestic, per litre absolute alcohol 40.00WT/ACC/HRV/51
Page 35
Product description Tax rate (in kuna)
Imported, " " " 40.00
Tobacco and tobacco products:
Tobacco (domestic and imported), per kg 35.00
Cigarettes:
             Group A*- Popular group (domestic and imported) 3.90
Group B*- Standard group (domestic and imported) 4.30
             Group C *- Extra group (domestic and imported) 7.00
Cigars, domestic and imported, per piece 1.00
Cigarillos, domestic and imported, 20 pieces 4.00
Petroleum products (both domestic and imported):
Petrol, types such as MB-98, MB-86 1.90
Petrol, types such as BMB-98, BMB-95, BMB-91 1.60
Diesel, such as D-i, D-2, D-3 1.40
Heating oil - extra light and special light 0.30
Automobiles:
Power 55-75 kW
"
Power 75-90 kW
"
Power 90-110 kW
"
Power more than 110kW"-
-
-
-
-
-
--
Motorcycles -
-
-
-
-
--
-new
used
new
used
new
usednew
used3,000.00
2,000.00
7,000.00
5,000.00
15,000.00
11,000.0030,000.00
22,000.00
engine power in kW
more than not exceeding
62 0
20 55 2,000.00
55 75 4,000.00
75 7,000.00
Vessel without cabin 10,000.00
length in meters
more than not exceeding
81 2
12 15 6,000.00
15 12,000.00
Vessel with cabin 24,000.00
length in meters
                                                     
* The characteristics of classification into the gr oups A, B and C are set according to the law on
Tobacco (the draft of the Law was sent to the WTO Secretariat)WT/ACC/HRV/51
Page 36
Product description Tax rate (in kuna)
more than not exceeding
81 2
12 15 15,000.00
15 45,000.00
Aircraft for private use 90,000.00
number of seats
more than not exceeding
14
5 12 7,000.00
13 50 35,000.00
50 75,000.00
We confirm that Croatia levies only customs tariffs (there are no statistical, customs evidence,
or any other fees), VAT and excise taxes  (just for the products listed in table above) on imports.
Quantitative Import restrictions, including Prohibitions, Quotas and Licensing Systems
Question 14.
Document WT/ACC/HRV/39/Add.2 states that  Croatia still discretionary licensing
requirements on iron tubes and bars, and tractors (more than five years of age).  The response
to question 57 of WT/ACC/HRV/30 does not adequately address the issue of WTO conformity
for the restrictions applied to iron and steel bars and used agricultural tractors. It would appear
that these restrictions are intended to protect domestic output.
Please indicate the reason for these restrictions  and how Croatia intends to revise its legislation
to bring the measures into WTO-conformity. In particular, please address the issue of import
licenses to check the price and quantity of imports of iron and steel bars and what criteria are
applied to ensure environmental safety of used agricultural tractors.
We appreciate Croatia’s efforts to address these issues, and we appreciate Croatia’s acceptance
of the proposed commitment. We await the information requested.
Reply
As mentioned in previous documentation, especially in document WT/ACC/HRV/25 -
Information on Import Licensing Procedures, Croatia applies import licensing procedures in
compliance with the respective WTO Agreement. Furthermore, the Croatian Government abolished
monitoring import licences for combine harvesters and iron tubes and bars. The import licensing
regime is still applied for the import of iron tubes and bars from non-WTO members.
Also, Croatia still applies import licensing system for used agriculture tractors older than five
years. This system is not intended to protect domestic output, because if that was the case, than
Croatia would apply licensing procedure for new tractors, which are produced in Croatia or would
maintain high tariff protection for used tractors. The present tariff rate for used tractors is five percent,
and the implementation of import licensing is in full conformity with Agreement on Import LicensingProcedures, the licences are issued on automatic basis upon the request of trader (legal person) or
natural person. The only criteria for issuing import license to trader, when it is imported for the first
time, is a guarantee that the spare parts and service will be ensured. The only criteria for issuing
import licence to natural persons – farmers, is that the imported tractors are intended for their own use
and not for further wholesale or retail sale.WT/ACC/HRV/51
Page 37
The texts of the Decision on Goods Subject to Import and Export Licenses which was adopted
by the Croatian Government and the amendments thereof have been submitted to the WTO
Secretariat.
As we stressed several times before, the Croatian Government has abolished all quantitative
restrictions on imports. Import quotas have been eliminated in July 1996. The temporary ban on sugar
imports was lifted in May 1998 (Official Gazette No. 60/98); temporary limitation on import of wheat
and wheat flour was also lifted on October (Official Gazette No. 132/98); and temporary ban on pig
and pig meat import which lasted 45 days, was also lifted in May 1998 (Official Gazette No. 71/98).
Customs Valuation
Question 15.
We are reviewing the new information and drafts provided and will have additional comments.
We would appreciate Croatia’s redrafting of this section to reflect the changes made to address
our concerns.
When will these corrections be implemented?  We appreciate Croatia’s commitment. We note
that we will not be prepared to finalize this section until we are fully satisfied that the new
revisions address the deficiencies in Croatia’s customs valuation regime.
Reply
Croatia appreciates the useful comments and remarks received by the Working Party
members on its draft legislation on customs valuation. As indicated in the document
WT/ACC/HRV/48, Croatia has on the basis of these comments amended its draft legislation, as
follows:
Article 44.4 of the new Customs Law in accordance with Article 11 of the WTO Valuation
Agreement. Based on the proposals given during the informal Working Party, Croatia will revise this
Article in order to provide as much clearness as possible in the new Law’s formulations.
Now this Article states as follows:
“The importer or any other person liable for the payment of the duty has the right of appeal with
regard to the determination of customs value, wit hout penalty. The appeal can be submitted to the
Headquarters of the Customs Directorate, while the prosecution has to be referred to the
Administrative Court.
Notice of the decision on appeal and prosecution shall be given to the appellant and the
reasons of such decision shall be provided in writing. As well, the appellant should be instructed
about his right to commence to the Administrative Court.
The appellant must not be subjected to any sort of a fine for the appeal to the Customs
Directorate or prosecuting to the Administrative Court”.
Furthermore, we would like to mention that the appellant has the right to appeal to the
Customs Directorate or prosecution to the Administrative Court, without penalty, and that the decision
on his appeal shall be given to him in writing.
Bearing in mind the above mentioned, we would like to emphasize that this Article is
completely in accordance with Article 11 of the WTO Valuation Agreement.WT/ACC/HRV/51
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Article 12 of the WTO Valuation Agreement is included in Article 44.5 of the new Customs
Law. This Article has been adapted as well, now reading as follows:
“Law, regulations, judicial decisions and administrative rulings of general applications that
allow the implementation of regulations in regard to  customs value shall be published in the Official
gazette in  conformity with Article X of the GATT 1994.”
By accepting comments regarding Article 46 of the Customs Law, we deleted it accordingly.Article 41.1 of the Customs Law was also adapted, now reading as follows“The customs value of goods imported without being on sale shall be determined pursuant to
Articles 32-37 of this Customs Law.”
Here simply occurred an error while translating; the term “without counter-value payment“
referred to the goods imported, but without the actual act of sale – such as gifts, samples, promotional
items being sent free of charge, goods which are imported under hire, lease or loan etc.
In such cases – since imported goods are not subject to sale, Article 31 (Transaction Value)
must not be used; customs value shall be determined under the provisions of Articles 32-37 of
Customs Law.
As proposed Article 44.1 is deleted.
Furthermore, we would like to inform that “Int erpretative Notes”, set forth in Annex 1 of the
WTO Valuation Agreement, as well as the Notes specifically mentioned, shall be included into the
implementing "Customs Regulation for Determining the Customs Value.
The new Croatian Customs Law which regulates inter alia the implementation of the
provisions of the WTO Agreement on Implementa tion of the Article VII of GATT 1994, will be
adopted by the Croatian Parliament by 30 June 1999 and shall be applied as of 1 January 2000.
However, the provisions of the new Customs Law related to customs valuation and the accompanying
"Customs Regulations for Determining the Customs Value" shall be implemented as of July 1999 thus
prior to accession. Attached to this document is the integral version of the draft Customs Law.Additionally, the draft of the implementing "Customs Regulations for Determining the Customs
Value" is also submitted herewith and we urge the WP members to give their comments and remarks,
if any, as soon as possible.
Other Customs Formalities
Question 16.
While we appreciate the information provided by Croatia in this section, we suggest that it be
edited with a view to proportionality, to cohere nce, and to address the specific concern raised by
this delegation, i.e., that Croatia’s treatment of import from Bosnia and Herzegovina differed
depending on what part of that country they orig inated from, and that Croatia, in general, did
not observe a single customs border with that country, but applied different rules.
Reply
Concerning remarks and complaints about the enforcement of rules on trade on the Croatian
border with Bosnia and Herzegovina we would like to reiterate the Croatian position provided in theextensive information contained in document WT/ACC/HRV/48 on that issue:WT/ACC/HRV/51
Page 39
Croatia admits that remarks and complaints on the border control and customs regime at the
border between the Republic of Croatia and Bosnia and Herzegovina might be attributed only to the
period of military operations in Croatia and Bosnia and Herzegovina from 1992 till 1995.
During the period after 1995, the Croatian Government has been taking many concrete steps
directed towards improving and enforcing strict border and customs regime on its border with Bosniaand Herzegovina. These measures include:
- improving border crossing infrastructure and customs personnel training. By the end
of the year 1998, the Government has spent USD 7.3 million for the construction of
customs facilities on the border with Bosnia and Herzegovina and is planning to
spend additional budget resources for improving the remaining part of border
crossings.
- border-crossing points have been determined in an agreement with Bosnia and
Herzegovina only in March 1996. The number of cargo border crossings has been
decreased to 20, and other border crossings are closed for cargo traffic and left for
passenger traffic only. A Joint Commission determined the categorization of bordercrossing points. On the both sides of the border 5 border crossings are equipped with
veterinary inspection on 24 hours basis, 3 border crossings are with sanitary
inspection, 6 border crossings with phytosanitary inspection and 6 border crossings
are exclusively designated for crossing of heavily taxed commodities. Any unbiased
inspection of the border crossing and customs procedure on the Croatian side of theborder with Bosnia and Herzegovina can confirm that at present there are no crossing
of cargo that would be intentionally unnoticed and unregistered by Croatian customs
authority, as well as no discriminatory customs, sanitary, phytosanitary and veterinary
treatment of goods originating in any third country compared to the goods originating
either in Croatia or in Bosnia and Herzegovina.
- the only difference was related to the customs tariffs applied for the goods originating
in the Federation of Bosnia and Herzegovina. According to the Agreement on
Economic Co-operation between the Government of the Republic of Croatia, and the
Governments of the Republic and Federation of Bosnia and Herzegovina, signed in1995, the products originating in the Republic of Croatia or the Federation of Bosnia
and Herzegovina were entitled to preferential customs tariff treatment (only 1 per cent
customs registration fee is charged for all industrial and agriculture products). The
Certificate of Origin (EUR1) proved the origin of a product. For the goods originating
in the Republic of Srpska (Serb entity of Bosnia and Herzegovina) MFN tariff rates
were applied and regular and non-discriminatory customs, sanitary, phytosanitary,
veterinary and transit procedures are enforced.
- according to Article 12 of the Agreement, th e Certificates of Origin were issued by
customs authorities of the Republic of Croatia, while in Bosnia and Herzegovina
those certificates were issued by the Chamber of Economy. The international practice
is that the competent state authorities issue the Certificate on Preferential Origin(EUR1) thus enabling effective control and appropriate and prompt verification of the
document.  The state authorities have mechanisms and are equipped for such a
control while chambers of economy are not.
- the above mentioned caused the whole series of problems. To illustrate that, in the
course of 1996, 1997 and 1998 the Croatian Customs Authority has requested the
verification of the Certificate of Origin from Bosnia and Herzegovina 150 times and
the Bosnian side requested it 80 times. The Croatian side received the Reply to only aWT/ACC/HRV/51
Page 40
few requests, while the Croatian customs authority has promptly replied to almost all
requests.
- citizens of both countries were entitled by the Agreement to exchange products in
parcels without proving origin or paying customs duty under condition that the value
of the parcel does not exceed 200 DEM. Also, the items belonging to personalluggage were neither subject to origin certification nor payment of customs duty
under condition that their value did not exceed 500 DEM. This provision applied only
to the import of the products that are not intended for commercial purposes.
- after noticing possible frauds in issuing certificates of origin as well as from the
possibility that the citizens import goods in value of 200 and 500 DEM without
paying duties, which enabled wider scope of preferential customs duty treatmentunder the Agreement on Economic Co-operation, the Croatian customs authorities
implemented a strict control of the Agreement and border regime with Bosnia and
Herzegovina as from August 1998.
- in December 1998, Croatian Government has proposed to the Council of Ministers of
Bosnia and Herzegovina to start negotiations on concluding a Free Trade Agreement,
which will be valid for substantially all trade of products originating from the
Republic of Croatia and the whole territory of Bosnia and Herzegovina. The new
FTA envisages that the certificates of origin be issued by the customs authorities of
the Federation and Republic Srpska and not by Chambers of Economy in Bosnia andHerzegovina. The Government of Croatia hopes that the new FTA could be signed
and implemented as soon as possible.
- several meetings were held with the Government representatives at the level of
Federation and the Council of Ministers of Bosnia and Herzegovina, as well asbetween customs authorities, in order to improve co-operation and the exchange of
electronic information between the customs offices of Croatia and Bosnia and
Herzegovina.
- meetings were held with the CAFAO representatives (EU customs aid program for
Bosnia and Herzegovina) in order to accelerate an official co-operation agreement
between customs administrations of Croatia and Bosnia and Herzegovina to be
signed.
- a program of computerization of the Croatian Customs Service is currently in
progress, with an aim of establishing a computer network of all border-crossing
points.
- within the activities of the SECI (Project on Identifying Bottle-necks on Main
Transport Corridors), the Government of Croatia has officially stated its willingness
to candidate 12 border-crossings with both entities in Bosnia and Herzegovina to be
reconstructed and equipped by using World Bank financing.
However, we would like to inform the Working Party that the Agreement on Economic Co-
operation between the Government of the Republic of Croatia, and the Governments of the Republic
and Federation of Bosnia and Herzegovina, signed in 1995, which provided for a free trade
arrangement with only one part of the neighbouring Bosnia and Herzegovina has been abolished on15 May, 1999. Therefore, MFN based trade with the whole territory of Bosnia and Herzegovina has
been reintroduced on that date and will be in force until a Free Trade Agreement be concluded
between Croatia and Bosnia and Herzegovina as a whole. Consequently, all the above-mentioned
activities enable us to declare that Croatian authorities exercise full customs and security control ofWT/ACC/HRV/51
Page 41
the border with Bosnia and Herzegovina, which is today at the same level as the border and customs
regime prevailing at other Croatian borders.
At present, Croatia is in a position to implement strict customs enforcement on all its borders,
including the border with Bosnia and Herzegovina. The customs territory of the Republic of Croatia,
within which the customs regulations and controls are enforced, corresponds exactly to the territorialboundaries of the Republic of Croatia. Today, the Croatian Government enforces and is determined to
enforce WTO provisions, rules and disciplines and terms of Croatia’s WTO accession package within
these boundaries, thus ensuring proper implementation of all WTO principles, in particular, the
principle of uniform application of Croatia’s customs regime towards all countries according to the
MFN clause.
Croatia’s determination to enforce proper customs regime on its border with Bosnia and
Herzegovina also stems from the necessity to introduce all possible measures in order to improve its
tax collection and diminish tax and customs duties evasion, which is an important element of the
fiscal policy under the balanced budget conditions. At the same time, by so doing, Croatia is
honouring its international commitments related to the Washington and Dayton Agreements, as well
as other international commitments taken in the process of solving the crisis in Bosnia and
Herzegovina.
It is our feeling that on the Bosnian side of the border there was no similar activities that
might bring customs enforcement to the level already reached on the Croatian side of the border.
Having in mind that the border regime and customs enforcement are always bilateral issues whichcould be effectively implemented and improved only by common agreement and coordinated actions
of the both neighbouring countries, we urge international community, which is deeply involved in
regulating all aspects of administration in Bosnia and Herzegovina, to pay more attention to necessary
improvement of two existing customs administrations  in Bosnia and Herzegovina. That would be the
most efficient way to finally introduce a strict border and customs regime on both sides of the borderbetween Croatia and Bosnia and Herzegovina.
Following the abovementioned information, we would like to believe that the issue of
Croatia’s border regime with Bosnia and Herzeg ovina would not be blown up out of its real WTO
related proportions and that there is no justification for delaying Croatia’s process of accession to theWTO due to that issue.
Safeguards, Antidumping, and Countervailing Measures
Question 17.
We are reviewing the amendments to the Law on Trade dealing with protective measures.
Our preliminary review indicates, however, that they fall far short of the requirements of the
Agreements on Safeguards, Antidumping, and Subsidies and Countervailing Duties.
Reply
As already indicated in paragraph 97 of the Draft Report (WT/ACC/SPRC/HRV/7), the
purpose of the Law Amending the Law on Trade is to amend provisions regarding the safeguard, anti-
dumping and countervailing measures to incorporate fully the basic and key provisions of the WTO
agreements, thus ensuring the conformity of Croatian legislation with these Agreements. That is the
customary practice of the Croatian legal system, whereby the Law sets basic provisions governing an
issue or area and then, on the basis of such Law implementing regulations setting detailed proceduresare adopted by the executive branch i.e. the Government.WT/ACC/HRV/51
Page 42
However, as already indicated in the draft ne w Law, these measures would not and could not
be applied until relevant implementing regulations  be adopted. These implementing regulations will
contain provisions setting detailed rules and procedures for the application of such measures in
accordance with the relevant WTO Agreements.
Consequently, there is no possibility that any anti-dumping, countervailing or safeguard
measure be applied before such detailed implementing regulations are adopted. In this respect, we
would like to reiterate the commitment taken by Croatia under paragraph 98 of the Draft Report
stating that no measures would be applied until a ppropriate laws (including subsequent implementing
regulation) are implemented in accordance and full conformity with relevant WTO Agreements).
B. EXPORT REGULATION
Customs tariffs, fees and charges for services rendered, application of internal taxes to exports
Question 18.
Croatia’s commitment language in WT/ACC/SPEC/HRV/7 is acceptable. The response in
WT/ACC/HRV/48, however, indica tes that Croatia intends to reserve the right to apply
discriminatory export taxes. We would appreciate further information on this point.
We are also concerned about Croatia’s defense of its taxes on hides and skins and we seek
further explanation as to the WTO-consistency of these measures, in particular, to the similar
measures applied to domestic articles.
We reserve on this section of the report.
Reply
In the response to question 23 in document WT/ACC/HRV/48 it is stated that Croatia did not
eliminate the authority to apply export tariffs as stipulated in Article 34 (2) of the Customs Law,
which enables to the Croatian Government to use export tariffs in exceptional circumstances, and in
compliance with GATT rules. According to above-me ntioned response, it is not Croatia’s intention to
reserve the right to apply discriminatory export taxes of any kind. Furthermore, in its reply Croatia did
not mention the intention of using any other export charge, except export tariff, which is very clearlystated in the proposed commitment that Croatia is ready to include in WP Draft Report and Protocol.
Also, in the response in document WT/ACC/ HRV/48 Croatia confirmed that there are no
export tariffs in place for any product, including hides and skins. Neither does Croatia apply any taxes
on these products. Therefore, we do not see any reasons for concerns over  this issue,  because Croatia
has never applied such taxes.
Technical barriers to Trade and Sanitary and Phytosanitary Measures
Standards and certification
Question 19.
We will review the information provided on laws and decrees addressing the issue on
conformity with WTO Agreements on TBT and SPS. We do not agree, however, that changing
the inspection requirements from the good to documentation that requires the same mandatory
characteristics necessarily brings this regime into conformity with the WTO.
We appreciate Croatia’s efforts to address this difficult problem.WT/ACC/HRV/51
Page 43
Croatia’s use of quality control inspection to res trict agricultural trade must be totally reformed
and removed to bring its trade regime into line with the agreements, and we are not yet
prepared to remove our objection.
We reserve on these sections, pending reflection and review of the new materials provided by
Croatia.
Reply
Croatia could agree that changing the inspection requirement from the good to documentation
does not bring quality control regime into conform ity with the WTO. But, at the same time Croatia
has never stated that this would be the only change it was ready to introduce in its mandatory qualitycontrol. In the Draft Report of the Working Party on the Accession of Croatia to the World Trade
Organization (WT/ACC/SPEC/ HRV/7) in Paragraph 120, we described the main features of the major
changes to be introduced in quality control system  in Croatia. We deem it appropriate to cite that
description here as well:
“The representative of Croatia added that having reviewed all comments, remarks and request
of Working Party members, Croatia has concluded that the main outstanding problem had been
related to the mandatory quality control system applied to imported products. His Government has
accordingly decided to change legislation and practice in this area. New legislation would be
prepared, passed by the Parliament, and enforced by the end of June 1999. The new Law on StateInspectorate would incorporate the following changes in relation to present practice:
- Quality control would be based on ensuring consumer protection. Quality controls on
imported items prior to customs clearance would be abolished. The State Inspectorate would perform
quality controls on designated imported and domestic products at the wholesale and retail level. TheState Inspectorate would check whether products were covered by proper quality conformity
documentation issued by authorized institutions in Croatia or abroad, and whether labeling and
packaging requirements had been met. The State Inspectorate would also be entitled to check product
content against declared values by analyzing samples;
- Controls of domestic products would be conducted either at the production site or at the
wholesale and retail level;
- A Government Regulation could be issued, defining a list of items subject to control of
documentation relevant to conformity with quality requirements. The list would be shorter than the
list applied at present; and
- A Government Regulation could be issued defining the structure of inspection fees,
equalizing fees for the inspection of imported and domestically produced items, and abolishing
present practice of charging fees in proportion to the inspected quantity.”
The draft new Law on State Inspectorate is submitted to the US delegation, as well as a draft
Government Regulation on methods and procedures for issuing technical regulations prescribing
quality and health requirements. Therefore, it is obvious that Croatia is being conducting much deeper
and much more substantial changes in its quality  control system than only changing inspection
requirements from good to documentation, as might look to be US concern. Changing place of
inspection from pre-customs clearance to market inspection at the wholesale and retail level bringsmajor improvements for the imported goods, that would not be any longer in position to be prevented
from passing Croatian border because of a potential technical barriers to trade measures. With the
passage of the described draft legislation, Croatia considers its legal framework on TBT and SPSWT/ACC/HRV/51
Page 44
issues to have been completed, thus ensuring c onsistency with national treatment, MFN treatment,
transparency requirements and other provisions of the GATT and the Agreements on TBT and SPS.
State Trading Entities
Question 20.
Upon reflection, it is clear that the state firm s involved in forestry and the stockpiling and
disposal of agricultural commodities are state trading firms. We suggest that Croatia identify
them as such and adjust the commitment to co nfirm that they will be operated in conformity
with Article XVII.
We also suggest that Croatia and other Working Party members addressing the issue of
“private” monopolies engage in bilateral discussi ons to clarify the issue, and that the Working
Party be advised of any specific reference to a non-state firm that enjoys a state-sponsored
monopoly position that might engage the requirements of Article XVII of the GATT.
We reserve on this section, pending further clarification.
Reply
Croatia accepts the suggestion to identify the Croatian Forests  and the Directorate for State
Commodity Reserves as State-trading entities with in the meaning of Article XVII of the GATT. We
would notify these entities to the  WTO upon accession.
Croatia accepts the commitment to confirm that State-trading companies will be operated in
conformity with Article XVII of the GATT.
Government Procurement
Question 21.
We object to the removal of a date certain from  this commitment. We prefer the designation of
a date certain for the negotiations to terminate. We suggest brackets.
Reply
Croatia proposes that commitment of the Draft Report paragraph on Government
Procurement reads as follows: "The representative of Croatia confirmed that Croatia will initiate
negotiations for membership in the Agreement on Government Procurement upon accession by
tabling an entity offer at that time.  He also confirmed that, if the results of the negotiations are
satisfactory to Croatia and the other members of the Agreement, Croatia will complete negotiationsfor membership in the Agreement by 31 December 2000. The Working Party took note of this
commitment."
Transit
Question 22.
Croatia's current compliance with article V of th e GATT is not, in our view, established, as we
have reporting from the region that documents the difficulties experienced by transit trade
within the region.WT/ACC/HRV/51
Page 45
In particular, we would like the working party report to record the specific concerns voiced by
this and other delegations, and that the general commitment language be amended to
specifically reflect Croatia’s response to these interventions, e.g.:
"The representative of Croatia confirmed that his Government would apply its laws and
regulations governing transit operations and would act in full conformity with the provisions of
the WTO Agreement, in particular Article V of the GATT 1994. In this regard, he stated that
Croatia would not deny right of transit to exports from (country) and (country). The Working
Party took note of this commitment."
Reply
Traffic in transit, as described in paragraph 1 of Article V of the GATT, is regulated by the
provisions of the current Croatian Customs Law, namely in Articles 275 - 283.
No distinction is made on the basis of the flag of the means of transport, the place of origin,
departure, entry, exit or destination, or on any circumstances relating to the ownership of goods or the
means of transport.
The traffic coming from, or going to the territory of any neighbouring country, is exempted
from customs duties or other charges, except from th e charges for the cost of services rendered.
Customs charges stamp tax, per customs report, on the basis of which goods are registered to the
Customs office at flat rate of 10 HRK (= 1,5 USD). These services are documentary control,
registering the consignment, inspection of the vehicle, inspection of the goods, sealing of the goods.
This fee covers services rendered at the entry and exit BCP. This stamp tax is not applicable to the
postal packages, and consignments covered by TIR and ATA carnets.
Stamp tax is also to be applied on the domestic gods consignments if they are being
transported from one place to another inside Croatia across foreign customs territory (Article 282 of
the Customs Law).
The consignments are required to enter customs territory of the Republic of Croatia at the
proper customs house, and to exit Republic of Croatia at a designated customs office, in due time.
The Government of the Republic of Croatia has rendered a Decision on special measures of
customs surveillance on import, export and transit of certain goods (petroleum, petroleum derivatives,
tobacco and tobacco products, coffee, alcohol, alcohol drinks, beer, movable cultural artifacts -
archeological and ethnological artifacts, old furniture, old paintings and sculptures, old musical
instruments etc.). Based on that Decision, the spec ified high-risk goods can enter or exit Republic of
Croatia only at designated border crossing points. There are 5 such BCP’s towards Slovenia, 7towards Bosnia and Herzegovina, 1 towards FRY, and 4 marine ports. These BCP’s are determined in
coordination with the neighbouring countries. The Decision is not applicable to the air and railroad
transport.
It is worthwhile mentioning that the Republic of Croatia has the obligation to ensure the
freedom of transit on the basis of the provisions of the several international conventions dealing with
the transport, such as the Convention on the contract  for the international road transport (CMR), the
Customs convention on international transport of the goods based on the TIR carnet, the ATA
Convention, and the Convention on temporary admission.
The only difficulties that can be experienced by transit trade within the region are transit
barriers caused by deposit requirements for the transit of high duty goods within Republic of Bosnia
and Herzegovina. Even though Bosnia and Herzegovina is one state, they have two customs services;
Republic of Srpska Customs and Customs of the Federation of the Bosnia and Herzegovina. If theWT/ACC/HRV/51
Page 46
high duty goods destined for the Federation are entering BIH at the BCP in the territory controlled by
the Republic of Srpska Customs, the carrier has to pay deposit for the transit through the territory of
the Republic of Srpska to the B&H Federation. Likewise, the carrier has to pay deposit for the high-
risk goods destined to the Republic of Srpska, if the goods are entering B&H at the Federation BCP.
Having said that, Croatia is ready to accept the following commitment in the Working Party
Report:
"The representative of Croatia confirmed that his Government would apply its laws and
regulations governing transit operations and would act in full conformity with the provisions of the
WTO Agreement, in particular Article V of the GATT 1994. In this regard, he stated that Croatia
would not deny right of transit to exports from any country .  The Working Party took note of this
commitment."
IV. TRADE – RELATED INTELLECTUAL PROPERTY REGIME
Question 23.
We are encouraged that Croatia is moving decisive ly to address the defici encies in its current
legal structure to enforce intell ectual property rights.  Please provide specific information on
the legislative status of each draft law and regu lation on when they a re expected to come into
force, e.g.:
- The draft amended Copyright law
- The new draft Trademark Law- The new law on Copyrights and Neighbouring Rights
- The Modified and Amended Copyright Law
- The new Law on Geographical Indications
- The new Patent Law
- The Law on the Topographies of Integrated Circuits- The new Customs Law
We support the commitment, but reserve on this section pending (a) final review of legislation
provided by Croatia to implement TRIPS, and (b) demonstrated progress on addressing specific
enforcement problems involving intellectu al property piracy raised bilaterally.
Reply
All specified laws are under the legislative procedure and have passed the first reading, except
for the new Copyright Law the drafting of which is under way. However , the adoption of this Law is
not necessary for the compliance with the TRIPS, because the compliance would be achieved through
adoption of the Modified and Amended Copyright Law.
These Laws shall enter into force by 30 June 1999, except in the case of the Customs Law
which would enter into force by 30 June 1999 but will be applied as of 1 January 2000. However its
provisions related to enforcement of IPR shall be applied from 30 June 1999.
Question 24.
We would appreciate details on the way in which Croatia intends to protect intellectual
property rights for subject matter in existence on the date of accession.WT/ACC/HRV/51
Page 47
Reply
The intellectual property rights existing on the date of accession of the Republic of Croatia to
the WTO (copyright and performers’ rights, patents, trade and service marks, industrial design rights
and geographical indications) shall be protected as follows:
- in the civil procedure, prescribed by the Law on the Civil Procedure, and in compliance with
the substantive provisions regulating the content of the civil protection for each and every
right and prescribed by the effective Copyright Law, the Law on the Amendments of the
Copyright Law, the Patent Law, the Trademark Law, the Industrial Designs Law and the Law
on Geographical Indications, which are, as already said, under the legislative procedure; in
addition to this, the general rules of the Law on Obligatory Relations shall also apply to the
compensation for damages;
- in criminal proceedings prescribed by the Law on Criminal Procedure; substantive penal
provisions are contained in the Penal Law and in the Law on the Amendments of the
Copyright Law;
- by provisional court measures ordered in compliance with the Law on Enforcement; the kinds
of provisional measures which may be ordered in the case of committed or intended
infringement of particular rights are also prescribed by the specified laws;
- by border measures i. e. suspension by the customs authorities of the release into free
circulation of pirated copyright or counterfeited trademark goods, all this in compliance with
the new Customs Law and the Regulations for its implementation.
Question 25.
We also would appreciate knowing how rights will be restored in works that are in the public
domain in Croatia without having had a full term of protection there and which are still
protected in their country of origin.
Reply
The Proposal of the Law on the Amendments of the Copyright Law provides for the extension
of the term for the copyright protection which is from 50 years extended to 70 years, and the
extension of the term for the protection of performers, which is extended from 20 to 50 years. This
Law provides for its application to all authors’ works and performances in respect of which economic
rights didn’t cease to exist up to its coming into force, in compliance with the provision of Article 18,
paragraphs 1 and 2 of the Berne Convention for the Protection of Literary and Artistic Works.
Furthermore, the proposal of the Law on the Am endments of the Copyright Law, introducing
the protection of the producers of phonograms, provides for its application also to those phonograms
and performances fixed on those phonograms the first fixation of which took place less than 50 years
ago, counting from the beginning of the calendar year in which the Law on the Amendments of theCopyright Law came into force.
Question 26.
Can Croatia supply details criminal and customs actions taken in cases of copyright piracy and
trademark counterfeiting to date?WT/ACC/HRV/51
Page 48
Reply
A criminal action in cases of copyright piracy and trademark counterfeiting shall be instituted
ex officio by the state attorney on the basis of crim inal charges which may be brought by the author or
other copyright holder, or the trademark holder respectively, the police or any other government body
(financial police, market inspectorate) which has, in the course of its activity, found out a committedcriminal act.
In this connection we can point out that during 1998 and in the first quarter of 1999, the
Department for Economic Crime Prevention of Ministry of Interiors (police) brought 149 criminal
charges for video piracy, 138 criminal charges for audio piracy and 47 criminal charges for trademark
counterfeiting.
In the same period and on the basis of criminal charges the mentioned Department has seized
temporarily 16.051 video tapes, 34.442 audio tapes, 6.618 musical CDs and 6.390 products bearing
counterfeited trademark.
The criminal proceedings relating to those charges are under way.Customs measures in cases of copyright piracy and trademark counterfeiting i. e. temporary
seizure of such goods on the border line shall be taken in accordance with the procedure prescribed by
the new Customs Law.
Trade Agreements
Question 27.
This section should be updated, to reflect recent  changes in policy vis-a-vis trade with the
Republic of Bosnia and Herzegovina. What are the status of negotiations on a full FTA?
Reply
In December 1998, Croatian Government has proposed to the Council of Ministers of Bosnia
and Herzegovina to start negotiations on concluding  a Free Trade Agreement, which will be valid for
substantially all trade of products originating from the Republic of Croatia and the whole territory of
Bosnia and Herzegovina. The Government of Croa tia hopes that the new FTA could be signed and
implemented as soon as possible.
However, we would like to inform the Working Party that the Agreement on Economic Co-
operation between the Government of the Republic of Croatia, and the Governments of the Republic
and Federation of Bosnia and Herzegovina, signed in 1995, which provided for a free tradearrangement with only one part of the neighbouring Bosnia and Herzegovina has been abolished on
15 May 1999. Therefore, MFN based trade with the whole territory of Bosnia and Herzegovina has
been reintroduced on that date and will be in force until a Free trade Agreement be concluded between
Croatia and Bosnia and Herzegovina as a whole.
Question 28.
We also request a status report on legislation to address the 1 per cent fee on trade with
Macedonia.
Reply
The authorities of Croatia and Macedonia have agreed on amending their bilateral Free Trade
Agreement in order to bring it into compliance wi th Article XXIV of the GATT. An Annex shall beWT/ACC/HRV/51
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added to the Agreement, thus eliminating the 1 per cent customs duty applied on the Croatian side and
the 1 per cent customs evidence fee applied on the Macedonian side. Therefore Croatia would apply
zero duty in accordance with that Free Trade Agreement from 1 July 1999.  Macedonia would do the
same from 1 January 2000. 
Question 29.
Does Croatia apply such a fee in it s preferential trade with Slovenia?
Reply
The Free Trade Agreement between Croatia and Slovenia contains no such fee and
consequently, no additional legislation is required in this respect. This Agreement has already been
notified to the WTO by the delegation of Slovenia.
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