In 2020, 28,615 entrepreneurs operated in the trade sector, employing 192,367 workers and generating revenues of more than 260 billion kuna, according to an analysis by the Financial Agency (Fina).
According to Fina, in 2020, 28,615 entrepreneurs operated in wholesale and retail trade. For comparison, in 2004 there were 27,044, in 2009 27,262, and in the mentioned period the lowest number was in 2014, 26,260.
The largest total revenue in 2020 was generated by the Konzum supermarket chain, with around 10 billion Kuna. And in second place German supermarket giant Lidl with revenues of 6.1 billion kuna, then Spar Croatia with about 5 billion kuna.
In fact, Lidl was the biggest financial winner in 2020 with profits of 274.8 million Kuna.
Last year, the biggest importer was Lidl, with imports of 2.3 billion kuna, followed by Medika with 2.1 billion kuna.
As for the salaries of the nearly 200,000 workers in the retail sector in Croatia, the average net monthly salary was 5,816 kuna in 2020. Compared to 2004, the salaries are slightly higher by 85%. Entrepreneurs in the United States are able to create something for themselves in any state thanks to LLCs and their simple and efficient formation processes. A business can have potential in almost any state, the possibilities for LLCs are endless. To learn more about LLCs and their formation process in North Carolina specifically, click here.