Croatian Undiscovered Gems With Strong Fundamentals

Maistra d.d

Market Cap: €601.9m

Engages in the hotel business in Croatia.

Jadranski naftovod d.d

Market Cap: €806.1m

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

Podravka d.d

Market Cap: €1.1b

Produces and sells various food products in Croatia, Slovenia, Europe, and internationally.

Dalekovod d.d

Market Cap: €339.9m

Engages in the design, engineering, production, construction, and installation of electric power facilities, facilities for road, railroad and mass transit, and telecommunication infrastructure in Croatia, Sweden, Norway, Slovenia, Germany, Ukraine, the United Kingdom, Northern Macedonia, Bosnia and Herzegovina, and internationally.

Cakovecki mlinovi d.d

Market Cap: €179.4m

Produces and trades food products in Croatia.

Medika d.d

Market Cap: €159.2m

Engages in the wholesale and retail distribution of pharmaceutical products in the Republic of Croatia.

Plava laguna d.d

Market Cap: €742.1m

Engages in the hospitality and tourism businesses in Croatia.

Croatia osiguranje d.d

Market Cap: €1.0b

Engages in the non-life and life insurance, and reinsurance businesses in the Republic of Croatia, Slovenia, territory of Northern Macedonia, Bosnia and Herzegovina, and Serbia.

Adris grupa d. d

Market Cap: €1.6b

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

Span d.d

Market Cap: €120.1m

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

Ericsson Nikola Tesla d.d

Market Cap: €245.3m

Provides communication products, solutions, and software in the Republic of Croatia, Bosnia and Herzegovina, and Central and Eastern Europe.

ING-GRAD d.d

Market Cap: €214.3m

Engages in construction business in Croatia.

KONCAR - Elektroindustrija d.d

Market Cap: €1.7b

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