Croatian Strong Balance Sheet Stocks

Hrvatski Telekom d.d

Market Cap: €3.2b

Provides telecommunication services in Republic of Croatia and internationally.

Zagrebacka banka d.d

Market Cap: €7.5b

Provides banking and financial services primarily in the Republic of Croatia, and Bosnia and Herzegovina.

Dalekovod d.d

Market Cap: €657.9m

A project management organization, specializing in construction projects within the energy and infrastructure sectors in Croatia, Sweden, Norway, Slovenia, Germany, Ukraine, the United Kingdom, Northern Macedonia, Bosnia and Herzegovina, and internationally.

Koncar - distributivni i specijalni transformatori d.d

Market Cap: €2.3b

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

ING-GRAD d.d

Market Cap: €264.5m

Engages in construction business in Croatia.

Zagrebacka burza d.d

Market Cap: €14.3m

Engages in the management of the regulated market in Croatia and Slovenia.

Ðuro Ðakovic Grupa d.d

Market Cap: €1.4b

Engages in defense, transport, industry, and energy businesses in Croatia and internationally.

Ilirija d.d

Market Cap: €62.6m

Operates as a tourism company in Croatia and internationally.

Losinjska Plovidba Holding d.d

Market Cap: €16.2m

Engages in the maritime transport of goods and passengers in Croatia.

Modra spilja d.d

Market Cap: €12.1m

Offers accommodation and catering services in Croatia.

Adriatic Croatia International Club za djelatnost marina d.d

Market Cap: €100.0m

Adriatic Croatia International Club, za djelatnost marina d.d.

AD Plastik d.d

Market Cap: €114.6m

Develops, produces, and sells interior and exterior automotive components.

KONCAR - Elektroindustrija d.d

Market Cap: €2.6b

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

Auto Hrvatska d.d

Market Cap: €124.7m

Through its subsidiaries, engages in the sale of vehicles, spare parts, parts, tires, tools, and service equipment in Croatia, Slovenia, Bosnia, and Herzegovina and North Macedonia.

Kras d.d

Market Cap: €175.6m

Engages in the manufacture and sale of confectionery products in Croatia.

Luka Ploce d.d

Market Cap: €74.1m

Provides port, warehousing, and wholesale and retail services in the Republic of Croatia.

Maistra d.d

Market Cap: €738.7m

Engages in the hotel business in Croatia.

Institut IGH d.d

Market Cap: €17.8m

A consulting company, engages in the design and engineering activities in the civil engineering sector in Croatia and internationally.

Jadranski naftovod d.d

Market Cap: €876.7m

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

Podravka d.d

Market Cap: €1.1b

Provides food products in Croatia, Slovenia, the rest of Europe, and internationally.

Atlantic Grupa d.d

Market Cap: €676.2m

Engages in the research, development, production, and distribution of fast moving consumer goods in Southeast Europe, the European markets, Russia, and the Commonwealth of Independent States.

GARDEN COLLECTIVE d.d

Market Cap: €9.3m

Engages in the production, wholesale, and retail of craft beer in Croatia.

Zagrebacke Pekarne Klara d.d

Market Cap: €36.9m

Produces and sells bakery products in Croatia.

Plava laguna d.d

Market Cap: €786.0m

Engages in the hospitality and tourism businesses in Croatia.

Span d.d

Market Cap: €113.4m

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: €266.5m

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

Brodogradiliste Viktor Lenac d.d

Market Cap: €72.9m

Provides ship repair, maintenance, conversion, and other services for ships and crafts in Croatia.

Kutjevo d.d

Market Cap: €43.7m

Engages in producing and trading agricultural and food products in Croatia.

Zito d.o.o

Market Cap: €484.4m

Engages in the food and agricultural businesses in Croatia, Hungary, Italy, Serbia, Slovakia, Kosovo, and internationally.

Liburnia Riviera Hoteli d.d

Market Cap: €147.1m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Netherlands, Slovenia, other European countries, and internationally.

CIAK Grupa d.d

Market Cap: €234.9m

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

ADRIATIC osiguranje d.d

Market Cap: €60.8m

Provides various insurance products and services in the Republic of Croatia.

Podravska banka d.d

Market Cap: €49.6m

Provides various banking and financial services for citizens, craftsmen, and small and medium-sized businesses in Croatia.

Adris grupa d. d

Market Cap: €2.0b

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

Hrvatska postanska banka d.d

Market Cap: €627.6m

Provides various banking and financial products and services in the Republic of Croatia.

Cateks d.d

Market Cap: €20.5m

Manufactures and distributes fabrics, artificial leather, household linen and sports and recreation products, and special purpose materials in Croatia and internationally.