Skoči na glavni sadržaj

Pregledni rad

Competitiveness as a function of local and regional growth and development

Ivana Bestvina Bukvić ; Zagrebačka banka d.d., Zagreb, Hrvatska
Domagoj Karačić ; Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, Osijek, Hrvatska

Puni tekst: engleski pdf 144 Kb

str. 437-445

preuzimanja: 433



Each economic entity, institution and individual has the responsibility of contributing to the economic development
in its region. Creating conditions for the development and empowerment of the business sector
are activities that in the long run lead to the strengthening of not only certain economic sectors, but the
entire region. In the recent period sources from EU funds for co-financing of capital projects have become
available to investors. Given the uncertainty in business conditions, investors’ poor capitalization, lack of
business profitability and, in terms of profitability and risk, lack of high-quality capital projects, the benefits
of these resources are insufficient and/or inadequately used. The aim of this paper is to analyse the strength
and capabilities of Croatian companies for financing and implementation of high-quality capital projects.
For this purpose, this paper will present the results of research of financial position of selected companies
in 2012. Also, it presents the results of research from 2011 that examined the reality of projections of later
activated investment projects. These results are the basis for a conclusion about the ability of management,
in the analysed region, to make realistic plans and carry out high-quality capital projects.

Ključne riječi

capital projects; financial position of the company; growth and development of the region

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