| Foundation | 1 September 1997 |
|---|---|
| Operator | Zagreb Stock Exchange |
| Exchanges | Zagreb Stock Exchange |
| Constituents | 22 |
| Type | Large cap |
| Related indices | CROBEX10, CROBIS |
| Website | www.zse.hr/crobex |
CROBEX is the official share index of the Zagreb Stock Exchange. As of March 2023, it includes stocks of 15 companies and is calculated continuously using the latest stock prices.12 It is measured using free float market capitalization, where the weight of each individual stock is limited to 10 percent.3
History
It began to be published on 1 September 1997, and the base date is 1 July 1997, when its base value was 1,000 points.3
For a long time, the Pliva stock was one of the main constituents of the index, before the company was sold and de-listed.
In October 2007, its value was around 5,400 points, an all-time high. By March 2009, the index dropped to 1,300 points. In the first half of 2011, it hovered around 2,200 points, falling to below 1,800 by the end of the year. In October 2016, the index broke 2,000 points, the highest level since March 2013.4
In April 2018, an exchange traded fund started tracking the index - Expat Croatia CROBEX UCITS ETF - listed in Frankfurt on Xetra (ticker ECDC, ISIN BGCROEX03189) and traded in euro, providing a convenient way for exposure to international investors.56
Inclusion criteria
Stocks have to be traded in more than 75% of the total number of trade days in the selected time period in order to be included into CROBEX. The stock ranking is determined by weighing the stock's free float market capitalization as a proportion of the total, and its traffic as a proportion of the total share traffic in the six-month time period observed.1
The index is revised every third Friday of March and September. The Index Commission can revise the index if the following extraordinary events happen:
- bankruptcy or liquidation of a company, increase or decrease in the base capital of a company, takeover, merger.
- removal of a stock listing
- long-term suspension of trade of a stock
There are also other circumstances related to the issuer or the stock that can affect the quality of the CROBEX index that can cause the commission to revise the index.
A special revision can happen to include a new stock in the index in case the stock, in the first 30 days since its listing date, is traded in 100% of the total number of trade days, taking into account its free float market capitalization and share of traffic.3
Composition
The index consists of the following 22 companies, as of the last revision on March 13, 20267
| Ticker | Company | Headquarters | NACE |
|---|---|---|---|
| ADPL | AD Plastik | Solin | Production of other parts and accessories for motor vehicles |
| ADRS2 | Adris Group | Rovinj | Management activities |
| ATGR | Atlantic Group | Zagreb | Non-specialized wholesale trade |
| DLKV | Dalekovod | Zagreb | Construction of utility projects for electricity and telecommunicationsa |
| ERNT | Ericsson Nikola Tesla | Zagreb | Production of communication equipment |
| HPB | HPB | Zagreb | Financial and Insurance Activitiesb |
| HEFA | Helios Faros | Stari Grad | Hotels and similar accommodationc |
| HT | HT | Zagreb | Activities of wired telecommunications |
| IG | Ing-Grad | Zagreb | Construction of residential and non-residential buildings |
| INGR | Ingra | Zagreb | Engineering and related technical consultingd |
| JDPL | Jadroplov | Split | Maritime and coastal transport of goodse |
| KODT | Končar - Distributivni i specijalni transformatori | Zagreb | Production of electric motors, generators and transformers910 |
| KOEI | Končar | Zagreb | Production of electric motors, generators and transformers161112 |
| LKRI | Luka Rijeka | Rijeka | Cargo handlingf |
| MAIS | Maistra | Rovinj | Hotels and similar accommodationg |
| PODR | Podravka | Koprivnica | Other processing and preservation of fruits and vegetables |
| RIVP | Valamar Riviera | Poreč | Hotels and similar accommodation28 |
| SPAN | Span | Zagreb | Computer programming2129 |
| TOK | TOKIĆ | Sesvete | Non-specialized wholesale tradeh |
| VLEN | Viktor Lenac Shipyard | Rijeka | Construction of ships and floating structures201730 |
| ZABA | Zagrebačka banka | Zagreb | Other monetary intermediation26 |
| ZITO | ŽITO | Osijek | Mixed farming7 |
- Dalekovod (DLKV) removed September 2022 and added March 2024.8910
- Hrvatska poštanska banka (HPB) added March 2020, removed September 2020, added March 2023.11121314
- Helios Faros (HEFA) added March 202615
- Ingra (INGR) remoevd September 2014, added March 2019, removed September 2020. added March 2023, removed September 2023 and added April 2025.161712131418
- Jadroplov (JDPL) added September 2014, removed March 2015, removed March 2018, added March 2022, removed March 2024 and added March 2026.1619202110
- Luka Rijeka (LKRI) removed March 2015, added September 2015,removed March 2017, added March 2018, removed September 2018, added March 2026.192223202415
- Maistra (MAIS) added March 2015, removed September 2016, added March 2017, removed September 2017, added March 2018, removed September 2020, added March 2024, removed September 2024 and added March 20262225232620129102715
- TOK - met criteria for the fast index entry in March 2026.15
Former components
The following stock shares were previously included in the index:
| Ticker | Company | Headquarters | NACE | Comments |
|---|---|---|---|---|
| ARNT | Arena Hospitality Group | Pula | Hotels and similar accommodation | 1211, removed 1Q 202615 |
| ATPL | Atlantska plovidba | Dubrovnik | Maritime and coastal transport of goods | |
| AUHR | AUTO HRVATSKA | Zagreb | Sale of cars and light motor vehicles | Added March 2020 and removed September 2020.1112 |
| BLJE | BELJE d.d. Dard | Darda | Growing of cereals (except rice), leguminous crops and oil seeds | Removed May 8, 201731 |
| CKML | Čakovečki mlinovi | Čakovec | Production of mill products | Added September 2023,14 removed March 25, 202532 |
| DDJH | ĐURO ĐAKOVIĆ GRUPA | Slavonski Brod | Activities of head offices | Removed September 21, 2021, added March 9, 2022 and removed July 14, 2022, added September 2025 and removed March 202633213435715 |
| HIMR | Imperial Riviera | Rab | Hotels and similar accommodation | Added March 2015,19 removed September 201522 and added September 2016 and removed March 201723 |
| HMST | Hoteli Maestral | Dubrovnik | Hotels and similar accommodation | Added March 201519 and removed September 201522 |
| HUPZ | HUP - Zagreb | Zagreb | Hotels and similar accommodation | Added March 2014,36 Adjusted number of shares March 24, 201437 Removed September 2014,16 added March 201519 and removed September 201522 |
| IGH | INSTITUT IGH | Zagreb | Other research and experimental development on natural sciences and engineering | Added September 2017,26 removed September 2018, added March 2020 and removed March 2022241129 |
| IKBA | Istarska kreditna banka Umag | Umag | Other monetary intermediation | Removed September 20257 |
| INA | Ina | Zagreb | Manufacture of refined petroleum products | Removed September 201625 |
| JDRN | JADRAN | Crikvenica | Hotels and similar accommodation | Added September 2018,24 removed September 2019.38 |
| KODT2 | Končar-DIST | Zagreb | Production of electric motors, generators and transformers | Added September 202314 and removed March 202410 |
| KRAS | KRAŠ | Zagreb | Manufacture of cocoa, chocolate and sugar confectionery | Removed March 2019, added March 2020 and removed March 2022171129 |
| KTJV | Kutjevo | Kutjevo | Cultivation of cereals (except rice), legumes and oilseeds | Added March 202313 and removed September 202314 |
| LEDO | Ledo | Zagreb | Manufacture of ice cream | Removed September 201522 and added March 2016,39 Removed May 8, 201731 |
| LKPC | Luka Ploče | Ploče | Cargo handling | Added March 2014,36 Removed September 2014,16 added March 2015,19 removed March 2016,39 added September 201625 and removed March 2018,20 added March 202221 and removed September 20228 |
| LRH | Liburnia Riviera Hoteli | Opatija | Hotels and similar accommodation | Added March 201519 and removed September 201522 |
| LRHC | FTB TURIZAM | Zagreb | Hotels and similar accommodation | Added September 20228 and removed March 202313 |
| MONP | Mon Perin | Bale | Holiday and other short-stay accommodation | Added September 2024,27 removed March 202532 |
| OPTE | OT-OPTIMA TELEKOM | Zagreb | Wired telecommunications activities | Added September 201522 and shares delisted in April 202240 |
| PBZ | Privredna banka Zagreb | Zagreb | Other monetary intermediation | Added March 2020 and removed September 2020.1112 |
| PLAG | Plava Laguna | Poreč | Hotels and similar accommodation | Added March 2015, removed September 2015, added March 2022, removed March 2023, added Sept 2023, removed March 2026192221131415 |
| PTKM | PETROKEMIJA | Kutina | Manufacture of fertilisers and nitrogen compounds | Removed March 2015,19 added September 2015,22 removed March 2016,39 added March 2017,23 removed September 2017,26 added September 2021 and removed after delisting on March 7, 20223341 |
| RIZO | RIZ-odašiljači | Zagreb | Manufacture of communication equipment | Added September 2014,16 removed March 2015,19 added September 201522 and removed March 201639 |
| SAPN | Saponia | Osijek | Manufacture of soap and detergents, cleaning and polishing preparations | Added March 2020, removed March 2021, added September 2021 and removed September 20221130338 |
| SUNH | Sunčani Hvar | Hvar | Hotels and similar accommodation | Added September 201625 and removed November 18, 201642 |
| THNK | Tehnika | Zagreb | Construction of residential and non-residential buildings | Added September 2014,16 and removed March 201519 |
| TPNG | Tankerska Next Generation | Zadar | Sea and coastal freight water transport | Added September 2015,22 Free float changed October 2015,43 Removed March 2017,23 added March 2020, removed in March 2021, added September 2021 and removed December 2022 after takeover by Tankerska plovidba d.d11303344 |
| TUHO | Turisthotel | Zadar | Hotels and similar accommodation | Added March 201519 and removed September 201522 |
| ULPL | Alpha Adriatic (former ULJANIK PLOVIDBA) | Pula | Sea and coastal freight water transport | Removed March 2015,19 added September 2016,25 removed September 2018,24 added and removed March 2019,451721814 and removed September 202427 |
| VART | Varteks | Varaždin | Manufacture of other outerwear | Added September 2014,16 and removed March 2015,19 added March 201639 and removed March 201723 |
| VDKT | Viadukt | Zagreb | Construction of roads and motorways | Removed March 2015,19 added March 2017,23 removed from index June 9, 2017, delisted November 201746 |
| VERN | Genera | Rakov Potok | Manufacture of pharmaceutical preparations | Added September 201522 and free float changed October 201543 and delisted January 16, 201647 |
| VIRO | Viro Tvornica Šećera | Zagreb | Manufacture of sugar | Added March 2014,36 removed September 2014,16 added March 2020 and removed September 2020.1112 |
| VPIK | Vupik | Vukovar | Growing of cereals (except rice), leguminous crops and oil seeds | Removed March 2015,19 added March 2017,23 removed March 201820 |
| ZB | Zagrebačka burza | Zagreb | Administration of financial markets | Added March 2017 23 |
References
References
- "CROBEX". Zagrebačka burza (in Croatian). 17 March 2023. Retrieved 28 March 2023.
- "CROBEX". Zagreb Stock Exchange (in Croatian). Retrieved 18 August 2018.
- "Indeksi: CROBEX". Zagreb Stock Exchange. 21 March 2011. Archived from the original on 31 December 2011. Retrieved 8 December 2008.
- "Crobex postigao trogodišnji rekord | Blog @ Presscut - clipping & media monitoring". Archived from the original on 16 January 2017. Retrieved 13 January 2017.
- "Expat Croatia CROBEX UCITS ETF ETF | BGCROEX03189". www.boerse-frankfurt.de. Retrieved 24 March 2024.
- "Expat Croatia CROBEX UCITS ETF". expat.bg. Retrieved 24 March 2024.
- "Revision of equity indices 9/12/2025" (PDF). zse.hr. Zagreb Stock Exchange. 12 September 2025.
- "Revision of equity indices 09/08/2022". zse.hr. Zagreb Stock Exchange. 8 September 2022. Retrieved 18 March 2024.
- Added March 18, 2024
- "News: Revision of equity indices 03/07/2024" (PDF). Zagreb Stock Exchange. 7 March 2024.
- "Revision of equity indices - 03/11/2020". Zagreb Stock Exchange. 11 March 2020. Retrieved 28 March 2024.
- "Revision of ZSE equity indices - 09/08/2020". zse.hr. Zagreb Stock Exchange. 8 September 2020.
- "Revision of equity indices 03/07/2023". zse.hr. Zagreb Stock Exchange. 7 March 2023.
- "News: Revision of equity indices 09/06/2023". Zagreb Stock Exchange. 6 September 2023.
- "Revision of equity indices 3/13/2026" (PDF). zse.hr. Zagreb Stock Exchange. 13 March 2026.
- "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. 10 September 2014. Retrieved 7 May 2024.
- "Revision of CROBEX and CROBEXtr indices - 2019-03-08". zse.hr. Zagreb Stock Exchange. 8 March 2019. Retrieved 28 March 2024.
- "Regular quarterly review of ZSE equity indices" (PDF). zse.hr. 12 June 2025. Retrieved 20 July 2025.
- "Revision of CROBEX and CROBEXtr indices - 03/06/2015". zse.hr. Retrieved 6 May 2024.
Include: Turisthotel d.d., Luka Ploče d.d., HUP - Zagreb d.d., Plava laguna d.d., Liburnia Riviera Hoteli d.d., Imperial d.d., Hoteli Maestral d.d., Ingra d.d and Exclude: Viadukt d.d., Varteks d.d.,Petrokemija d.d.,RIZ-odašiljači d.d.,Vupik d.d.,Tehnika d.d.,Luka Rijeka d.d.,Jadroplov d.d., Uljanik Plovidba d.d
- "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. 7 March 2018. Retrieved 3 May 2024.
- Added March 9, 2022
- "Revision of CROBEX and CROBEXtr indices - 09/04/2015". zse.hr. ZSE. 4 September 2015. Retrieved 6 May 2024.
Include: Luka Rijeka d.d. (trading code: LKRI-R-A), Maistra d. d. (trading code: MAIS-R-A), OT-OPTIMA TELEKOM d.d. (trading code: MAIS-R-A), Petrokemija d.d. (trading code: PTKM-R-A), RIZ-odašiljači d.d. (trading code: RIZO-R-A), TANKERSKA NEXT GENERATION d.d. (trading code: TPNG-R-A), Genera d.d. (trading code:VERN-R-A); Exclude: Imperial d.d. (trading code: HIMR-R-A), Hoteli Maestral d.d. (trading code: HMST-R-A), HUP - Zagreb d.d. (trading code: HUPZ-R-A), Ledo d.d. (trading code: LEDO-R-A), Liburnia Riviera Hoteli d.d. (trading code: LRH-R-A), Plava laguna d.d. (trading code: PLAG-R-A), Turisthotel d.d. (trading code: TUHO-R-A)
- "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. Retrieved 5 May 2024.
- "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. 6 September 2018. Retrieved 3 May 2024.
- "Revision of CROBEX and CROBEXtr indices - 09/08/2016". zse.hr. ZSE. Retrieved 6 May 2024.
Imperial d.d. (trading code: HIMR-R-A), Luka Ploče d.d. (trading code: LKPC-R-A), Sunčani Hvar d.d. (trading code: SUNH-R-A), Uljanik Plovidba d.d. (tradin code: ULPL-R-A) ; Exclude: Ina d.d. (trading code: INA-R-A), Maistra d.d. (trading code: MAIS-R-A)
- "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. 8 September 2017. Retrieved 3 May 2024.
- "REGULAR REVISION of ZSE EQUITY INDICES - 9/11/2024" (PDF). ZSE. Retrieved 14 October 2024.
- "Extraordinary revision of CROBEX, CROBEXtr, CROBEX10, CROBEXplus and CROBEXturist indices". zse.hr. ZSE. 19 January 2015. Retrieved 6 May 2024.
- "News: Revision of equity indices 03/09/2022". Zagreb Stock Exchange. 24 March 2024.
- "Revision of equity indices - 03/09/2021". zse.hr. Zagreb Stock Exchange.
- "Extraordinary revision of CROBEX, CROBEXtr and CROBEX10 indices". zse.hr. ZSE. Retrieved 5 May 2024.
- "Revision of equity indices 3/12/2025" (PDF). zse.hr. Zagreb Stock Exchange. 12 March 2025.
- "Revision of equity indices". Zagreb Stock Exchange. Retrieved 24 March 2024.
- "Extraordinary revision of CROBEX and CROBEXtr indices - 07/12/2022". zse.hr. 12 July 2022. Retrieved 21 March 2024.
- "EXTRAORDINARY REVISION of CROBEX © AND CROBEXtr© EQUITY INDICES" (PDF). 12 July 2022. Retrieved 21 March 2024.
- "Revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. 7 March 2024.
- "Correction of CROBEX and CROBEXtr indices". zse.hr. ZSE. 24 March 2024.
- "Revision of CROBEX, CROBEXtr, CROBEX10, CROBEXprime and ADRIAprime indices - 09/10/2019". zse.hr. 10 September 2019. Retrieved 28 March 2024.
- "Revision of CROBEX and CROBEXtr indices - 03/03/2016". zse.hr. ZSE. 3 March 2016. Retrieved 6 May 2024.
"Include: RIZ-odašiljači d.d. (trading code: RIZO-R-A), Luka Ploče d.d. (trading code: LKPC-R-A), Petrokemija d.d. (trading code: PTKM-R-A); Exclude: Ledo d.d. (trading code: LEDO-R-A), Varteks d. d. (trading code: VART-R-1)
- "Extraordinary revision of CROBEX, CROBEXtr and CROBEXplus indices - 4/8/2022". zse.hr. 8 April 2022. Retrieved 24 March 2024.
- "Extraordinary revision of CROBEX and CROBEXtr indices - 03/01/2022". Zagreb Stock Exchange. Retrieved 24 March 2024.
- "Extraordinary CROBEX and CROBEXtr revision". zse.hr. Retrieved 6 May 2024.
- "Extraordinary revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. Retrieved 6 May 2024.
- "Extraordinary revision of CROBEX, CROBEXtr, CROBEXplus and CROBEXtransport indices". zse.hr. Zagreb Sotck Exchange. 7 December 2022. Retrieved 18 March 2024.
- "Revision of CROBEX and CROBEXtr indices - 03/11/2019". zse.hr. Zebreg Stock Exchange. 11 March 2019. Retrieved 28 March 2024.
- "Extraordinary revision of CROBEX and CROBEXtr indices". zse.hr. ZSE. Retrieved 5 May 2024.
- "Extraordinary revision of CROBEX, CROBEXtr, CROBEXplus i CROBEXindustrija indices". zse.hr. ZSE. Retrieved 6 May 2024.
External links
External links
- "CROBEX". Zagreb Stock Exchange.
- Bloomberg page for CRO:IND
- CROBEX chart @ rast.hr Archived 12 August 2010 at the Wayback Machine
- CROBEX Intraday Chart
- CROBEX and other regional indices at FIMA Securities