IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Jun 2014 | Removal date: open ended
Still in force

Trade finance

On 13 June 2014, HBOR (Croatian Bank for Reconstruction and Development) and the DNP Borisov Gorodok (a Russian business entity) signed a credit agreement with a volume of ca. USD 84 million. The purpose of the financing is the construction of a holiday resort in Russia. The total investment volume for the project is forcasted to be USD 99 million.
 
The condition for HBOR's financing of the project is a requirement to source construction material and services from Croatia. According to HBOr's annoucement, the deal benefits more than fifty Croatian companies.
 
This credit agreement is in accordance with the 2014-2015 ExportSupport Action Plan adopted by the Government of the Republic of Croatiain 2014. This plan envisaged an even stronger role for HBOR in thefield of export promotion.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

316 Builders' joinery & carpentry of wood
4418 Builders' joinery and carpentry of wood, including cellular wood panels, assembled flooring panels, shingles and shakes.
441810 Windows, Frenchwindows and their frames
441871 For mosaic floors
441872 Other, multilayer
441879 Other
441890 Other
363 Semi-manufactures of plastics
3917 Tubes, pipes and hoses, and fittings therefor (for example, joints, elbows, flanges), of plastics.
391721 Of polymers of ethylene
391722 Of polymers of propylene
391732 Other, not reinforced or otherwise combined with other materials, without fittings
391739 Other
391740 Fittings
369 Other plastics products
3925 Builders' ware of plastics, not elsewhere specified or included.
392520 Doors, windows and their frames and thresholds for doors
392590 Other
373 Refractory products & structural non-refractory clay products
6904 Ceramic building bricks, flooring blocks, support or filler tiles and the like.
690410 Building bricks
412 Products of iron or steel
7307 Tube or pipe fittings (for example, couplings, elbows, sleeves), of iron or steel.
730711 Of nonmalleable cast iron
730729 Other
730799 Other
421 Structural metal products & parts
7308 Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridgesections, lockgates, towers, lattice masts, roofs, roofing frameworks, doors and windows and their frames and thresholds for doors,
730820 Towers and lattice masts
730840 Equipment for scaffolding, shuttering, propping or pitpropping
730890 Other

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