Get Doing Business in Emerging Europe PDF

By Francois-Serge Lhabitant, Yahia Zoubir

ISBN-10: 0333993012

ISBN-13: 9780333993019

ISBN-10: 1403943753

ISBN-13: 9781403943750

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Their ownership interest is divided into shares of stock, which are freely transferred and pledged. The minimum capital requirement is the HRK equivalent of DM 5,000 for the limited liability company and the HRK equivalent of DM 30,000 for the jointstock company (except for bank and insurance companies). Joint stock companies require the election of a supervisory board. A branch office must be entered in the commercial register at the commercial tribunal. It may conduct business and should keep account books in accordance with Croatian legislation.

Employment in industry fell in line with factory closures and productivity improvements, from around 38% of total employment in 1990 to below 33% in 1998. Unemployment remained practically constant until 1996 due largely to growth in employment in the services sector, but afterwards increased to levels prevalent across Eastern and Central Europe. While employment fell in both agriculture and industry, employment in services witnessed an impressive growth. 2% in mid-2001, but much of the decline was seasonal.

As an illustration, Stjepan Radi1, the leader of the opposition Croatian Peasant Party, was assassinated in the Yugoslav parliament in 1928, and in 1929, Belgrade made use of the world economic crisis to destroy the Croatian banking system, which was the strongest in Yugoslavia. The terror continued until the outbreak of World War II. After the military defeat of the Kingdom of Yugoslavia in 1941, despite security agreements with Britain and France, parts of Croatia were occupied by Nazi Germany and Fascist Italy, which brought about the formation of an independent state of Croatia.

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Doing Business in Emerging Europe by Francois-Serge Lhabitant, Yahia Zoubir

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