The influence of COVID-19 pandemics on activity of micro, small and medium size enterprises in Croatia

Commissioned by: Media Val d.o.o.
Project duration: September 28, 2021 – October 15, 2021
Project manager: Maruška Vizek

Summary: 
The purpose of this project was to prepare a report in which we analyzed the activity of micro, small and medium size entrepreneurs in the Republic of Croatia in 2020 in comparison to 2019 in order to establish the effect the economic crises caused by the COVID-19 pandemic and associated lockdown of the economy exhibited on the activity and business results of entrepreneurs. The report was divided into four segments. First we presented an analysis of the aggregate results of the entire sector of micro, small and medium size enterprises. In the second segment we focused on individual contributions of micro enterprises, of small enterprises, and of medium size elements. In the third segment we analyzed the business results of micro, small and medium size entrepreneurs in Croatian counties and in the fourth segment we analyzed the business results of entrepreneurs divided according to the sector they belong to in order to detect which parts of the country and which sectors were particularly strongly affected by the crisis caused by the pandemic.
The analysis focused on indicators such as the number of enterprises, the number of employees, total assets, long-term and short-term liabilities, net wages, total revenues, total expenditures, state subsidies and aid, net profit, total exports, investments and gross value added.