S&T Country Report - Albania - WBC-INCO Net

FINA has been operating under this name since January 2002. However, its
background is a half-century business tradition. It is a successor of the Institute for
Payment Transactions, and/or the even older Social Accounting Service. The Social
Accounting Service, which enjoyed the exclusive right in the former state to perform
payment transactions within the country, was transformed into the Institute for
Payment Transactions in the year 1993. The Institute developed its potential in
technological and organisational aspects, keeping the monopoly in the sphere of
payment transactions until the year 2002. Over 500,000 transactions processed daily
in real time, an exceptionally high degree of satisfaction of the clients, and strikingly
favourable evaluations by Croatian and non-Croatian institutions contributed to the
Institute’s gaining an excellent reputation on the financial market. At the beginning of
the year 2002, the Law on Financial Agency was promulgated. The institution,
owned by the State, has inherited rights, obligations and assets of the former Institute
for Payment Transaction, continuing to create its business policy in the market
environment, without a monopoly position.
Name of
initiative:
Contact person: Not available
Email: Not available
Croatian Association of Entrepreneurship and Supporting
Institutions (UHIPP)
Website: http://www.uhipp.hr (not available)
The Association of Croatian Institutions Promoting Entrepreneurship (UHIPP) was
established at the end of 2000 and its membership in 2003 included 39 organisations
ranging from entrepreneurship centres, business incubators, technology parks and
development agencies. At the time of writing of this report, no information on UHIPP
was available.
page 40/HRV