Internationalization of business

Following a successful project application under the call "Internationalization of SME`s Business - Phase 2", in September 2019 a Grant Agreement was signed between PENTA d.o.o. and the Ministry of the Economy, Entrepreneurship and Crafts and the Croatian Agency for Small Business, Innovation and Investment. The grant was awarded for the purpose of implementing the project called: BusCARD - Croatian solution for intelligent transport system, and the project is co-financed by EU funds - European Regional Development Fund ("Together with EU Funds").

The main objective of the project is to go to fairs and promote the products and solutions of PENTA d.o.o. which will ultimately result in the recognition of the solutions presented in the western market, the exchange of contacts with potential partners will be realized, and the opportunity and experience for developing innovative solutions/systems will be increased. Contacts are expected to result in long-term collaborations and an increase in the presence of PENTA's products. in wider market. Ultimately, the project will contribute to the greater internationalization of PENTA's business, increasing sales and export revenues, preserving jobs and creating jobs.

 

Coordinator: PENTA d.o.o.
The total project value: 832.925,36 HRK
EU contribution: 436.644,00 HRK
Implementation period: 16.08.2019. – 16.08.2021.
Project manager: Mladen Pamić dipl.ing.
Project assistant: Andrea Mihaljević Pulić, dipl.oec.

 

 

 

 

PENTA`s internationalization project will be implemented through 4 elements of the project:

1. Appearance at International fairs: IT-trans (Karlsruhe, Germany), Intertraffic (Amsterdam, Netherlands), Innotrans (Berlin, Germany), Smart City Expo World Congress (Barcelona, Spain)

2. Foreign market research

3. Project management

4. Promotion and visibility of the project

With the implementation of the Internationalization project, it is expected to achieve results indicators such as increase in sales revenue, increase in export revenues and increase of private investments in internationalization.