Private equity funds can boost economic growth in the wider region

Private equity funds can stimulate the growth of the economy in Croatia and Slovenia and in the wider CEE region through the creation of new regional leaders with high standards of corporate governance, was the conclusion of the panel discussion at the Capital Markets 2024 conference, in which participated Igor Čičak, PCP founder and CEO.

"Private equity plays an increasingly important role in Croatia and the region, and we experience a growing trend of establishing new PE funds. Foreign private capital funds have invested 3 billion euros in projects in Croatia so far. Private capital has a large contribution to the development of the economy, so it is not surprising that countries with a larger share of PE investments achieve faster economic growth. At PCP, we are creating regional leaders in the business verticals in which we invest, in private healthcare through Arsano Medical Group, in dental medicine through Adria Dental Group and in veterinary medicine through Vetti Group" emphasized Igor Čičak in the discussion.

PCP currently employs more than 1,700 employees through its portfolio companies,and the annual consolidated total income of the companies is now over 140 mil euros and continuously growing. PCP is the largest private investor in private healthcare, dental medicine and veterinary medicine in the wider region.