Where culture meets business innovation

Croatia's first life sciences and technology park is being developed at a highly accessible and economically attractive location in the north of the country.

Varaždin Park is a new, highly sophisticated business park being developed in northern Croatia, the heart of so-called ‘New Europe'. The development is dedicated to servicing the needs of new and already established busineses from the primarily life-sciences arena and related hi-tech industry sectors. The park offers an attractive opportunity to all companies looking for a geographically well-positioned destination. It is ideal for a Europe-based headquarters; a destination that can easily and at competitive cost service a wide market, and at the same time ensure business growth in an economically progressive, politically stable and secure, and naturally beautiful environment.

Located a short distance from the city of Varaždin, the park is approximately 100 hectares in size. Development is planned in phases over the next five to seven years, with construction expected to commence later this year. A bespoke service will be accompanied by a landscaped design with an emphasis on the natural surroundings, plus a controlled access system, fully serviced plots capable of accommodating large manufacturing and production buildings as well as smaller office and/or laboratory facilities and sufficient car parking facilities. Special emphasis is given to security and to ensure privacy. In addition, the park is already well-serviced by local public transport routes and there is a good local railway network, as well as a local international airport.

Park partnership
Although not a typical public-private partnership (PPP) development, Varaždin Park is being developed in partnership with the city of Varaždin, and enjoys the full support of the Croatian government having been confirmed as project of national importance. Occupants of the park will be able to take advantage of numerous benefits such as top-class facilities with extensive business support services, an excellent location and easy international access, an educated and diligent workforce, IP protection, unrestricted repatriation of profits and capital, a national biotech policy and much more.

Croatian growth
The Republic of Croatia is a European country with a steadfast determination to promote the growth of its economy. Croatia is at the forefront of an emerging region, putting the country in a leading position in terms of attractiveness to foreign investors in central- and southern-eastern Europe. This small country of big opportunities offers a unique lifestyle, accompanied with rewarding business environment. It is transforming into a knowledge-based society and economy. A high quality advanced education system has been established, along with extensive information and communications technology infrastructure that offers international businesses a genuine opportunity to operate and grow in a supportive environment. In addition, Croatia also has a long tradition of excellence in a number of industries, including pharmaceuticals, agriculture and textiles.

The park is situated in Varaždin County, one of the most economically advanced areas in Croatia and only 50km from the capital Zagreb and the country's largest international airport. Being the urban, economic, cultural and academic centre of northern Croatia, the city of Varaždin has for years been one of the country's most successful destinations in attracting and supporting foreign investments – which is why it was deemed the perfect site for Varaždin Park. The company behind the development of Varaždin Park is Swissbased Midia Group, which has been operating in Croatia for several years and has 25 years experience of real-estate development and investment in Europe. It specialises in both public- and privatesector property development and investment.

Company profile

Varaždin Park for Life Sciences and Technology

For further information, visit: www.varazdinpark.com