Economic Institute Zagreb: Hrvatski Telekom is the first ranking company in Croatia in terms of newly generated value
Hrvatski Telekom is the leading Croatian company in terms of its positive impact on the wider business and social environment, as shown by the study of social and economic contribution entitled “HT’s Economic Atlas” and conducted by the Economic Institute.
In the 2011-2015 period, Hrvatski Telekom was the largest private investor in Croatia accounting for HRK 5.7 billion investments, as well as a company whose business activities had brought about the largest newly generated value to the Croatian economy. The total newly generated value of HT in the given period amounted to HRK 12.9 billion.
The whole HT Group has provided 3 percent of the Croatian GDP and generated more than 27 thousand jobs in Croatia as each job in the HT Group is related to additional 4.4 jobs in the remaining economy. With an average of HRK 8,616 net, the Group pays out 54 percent higher salary compared to the national average and 16 percent above the information and communications sector.
Maruška Vizek, Director of the Economic Institute and Project Manager of the “Economic Atlas”, emphasised that HT had a significant multiplying effect on the entire Croatian economy.
“Hrvatski Telekom is the first ranking company in Croatia in terms of the total newly generated value, i.e. income for employees, owners, and the state in the 2011-2015 period. In other words, HT is a company which has created the highest value for its stakeholders,” pointed out Vizek.
Presenting the results of the “Economic Atlas”, Davor Tomašković, President of the Management Board of Hrvatski Telekom, emphasised that the study showed the importance of HT’s business operations, as they had a significant impact on the development of the Croatian economy as a whole, especially in terms of jobs and investments. Tomašković reported that HT would continue with investments, which are key for further development and digitalisation of the society:
“HT continues investing. Thus, since September, 180 thousand of our broadband internet users have been surfing twice to five times faster without any additional charge. Our Best Tariff users have been surfing at the highest available 4G speeds since September, also without any additional charge,” said Tomašković.
Broadband Internet development is a prerequisite to using other state-of-the-art ICT services enabling entrepreneurs to achieve better productivity and greater competitive strength without significant initial capital, said Boris Drilo, HT CTIO. “HT provides the largest 4G network availability in the Croatian territory and is the only company offering its customers transmission speeds to up to 262 Mbps in the commercial network. Moreover, 200 thousand households have been provided with optical connection as a basis for establishing a gigabit society,” added Drilo.