Croatian Undiscovered Gems With Strong Fundamentals

Jadranski naftovod d.d

Market Cap: €775.9m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Maistra d.d

Market Cap: €514.4m

Engages in the hotel business in Croatia.

CIAK Grupa d.d

Market Cap: €130.2m

CIAK Grupa d.d., together with its subsidiaries, wholesale and retail of automotive parts.

Ðuro Ðakovic Grupa d.d

Market Cap: €1.4b

Operates in defense, transport, and industry and energetics sectors in Croatia and internationally.

Span d.d

Market Cap: €100.3m

Provides information technology (IT) solutions to companies in Croatia, Slovenia, the United States, the United Kingdom, Ukraine, and internationally.

ING-GRAD d.d

Market Cap: €205.6m

Engages in construction business in Croatia.

Koncar - distributivni i specijalni transformatori d.d

Market Cap: €1.3b

Together with its subsidiary, engages in the design, production, sale, and servicing of distribution, special, and medium power transformers.

Adris grupa d. d

Market Cap: €1.3b

Engages in the tourism, healthy food, insurance, and real estate businesses in Croatia and internationally.

Podravka d.d

Market Cap: €973.7m

Produces and sells a range of food products in Croatia, Slovenia, Europe, and internationally.

KONCAR - Elektroindustrija d.d

Market Cap: €1.3b

Provides products, services, and solutions for power generation, power transmission and distribution, urban mobility and infrastructure, and digital solutions and platforms in Croatia.