CRANE President Davorin Štetner Received World Bank Recognition!

President of Croatian Business Angels Network (CRANE), Davorin Štetner, at the closing conference of the project “Establishing the Foundation for a Modern Business Startup System in Croatia”, hosted today at the Westin Hotel, received the World Bank’s recognition for the digitalization of the company’s founding process in Croatia, modeled on many countries where this process is possible. The Ministry of the Economy and Entrepreneurship and the World Bank has prepared a process for the simple establishment of a company that should come into force on 1 January 2019.

“This is one of the fundamental processes to be simplified if we want to be a terrestrial friend for entrepreneurs. I am glad to hear that the government is working on this, and I hope this is one of the processes that will improve the business environment in Croatia. The example of Estonia shows us the way to go, and we should not stop simplification processes of certain business branches, such as notaries, that lead to improvements for new and old entrepreneurs.  Each branch will find more opportunities in a new, better environment that will stimulate entrepreneurship, and we can see from the concrete examples of countries that implemented these processes, “said Davorin Štetner, CRANE President and World Bank Winner.

The conference presented the best comparable European examples from Greece, Estonia, and neighboring Slovenia. World Bank experts presented their legal, business, process and ICT analysis as well as recommendations for modernizing the business start-up system in Croatia. At the same time, acknowledgments were given to individuals and institutions who actively participated in the project, and World Bank representatives thanked for their active engagement with the Croatian Business Angels Network – CRANE.