Dogus Group: We never felt as foreigners in Croatia

Dogus Holding's regional director Burak Baykan said on Wednesday that the company had been operating in Croatia for seven years and always received support.

"We have been in Croatia for seven years now and never felt as foreigners, as foreign investors, either on the local or on the national level," Baykan said during the Croatian-Turkish Economic Forum in Zagreb, organised by the Croatian Chamber of Commerce.

He portrayed the company as an example of the successful investment of a Turkish company in Croatia, saying that it had invested EUR 350 million in Croatia in the last seven years.

The company has invested in hotels and marinas and has a stake in the ACI marina operator. Last year it opened the luxury D-Resort hotel in Sibenik and their latest investment is the Maraska hotel in Zadar.

Dogus Group has 50,000 employees in 273 companies in 30 countries.

Baykan said that the existing administrative barriers were not insurmountable, noting that Dogus Group always received support in Croatia, both on the national and the local level.

Onur Ataoglu of the Turkish Ministry of Economy, told the forum that the Turkish economy was one of the most dynamic economies in the region and the world. He said that Turkey had seen significant growth even during the crisis years of 2007-2015. Last year the country's GDP rose by 4% and was forecast to reach 5% in 2017.

Ataoglu underscored Turkey's good strategic position, adding that Croatia too had such an advantage. "We attract investors, but we ourselves are also investors. In Turkey, you can start a company in a day," he said, adding that his country had free trade agreements with 24 nations.

He informed the attending Croatian companies of tax and customs breaks which Turkey offers to foreign investors.

Last update: Wed, 27/04/2016 - 14:24

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