Thursday, 4 August 2022

Formula 1 Legend Nico Rosberg Takes Delivery of First Rimac Nevera (VIDEO)

August 4, 2022 - Croatia does not produce many cars, but when it does... Mate Rimac announced that Formula 1 legend Nico Rosberg has taken delivery of the first Rimac Nevera.

Twelve years ago, a young Croatian called Mate Rimac was driving a car that would not have looked out of place in the hit British TV show, Only Fools and Horses. But in contrast to Del and Rodney's attempts to achieve financial independence through a variety of get-rich-quick schemes, Rimac has been very focused on his project.

A project that has seen his company become Croatia's second unicorn, with investment from Porsche, Hyundai and more, including taking over the famous Bugatti brand.

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(Photo by Igor Kralj PIXSELL)

The flagship product of the company is the fastest electric hypercar in the world, the Rimac Nevera, which last week became the first car to cross the new Peljesac Bridge connecting independent Croatia for the  first time - Mate Rimac was the driver, Prime Minister Andrej Plenkovic the passenger.

A week is a long time in the Nevera story, and Rimac posted earlier on his Facebook page to announce the delivery of the first Rimac Nevera to a customer - none other than Formula One ace, Nico Rosberg:

Nevera #001 delivered! We are so much looking forward to see it on the streets of Monaco. We can't wait to see 149 more roll off the production line!

Rosberg seems to be delighted with his purchase.  A lovely video on his YouTube channel. 

I am not sure of the exact retail price of the Rimac Nevera, but it the Croatian car industry could shift a few more, I am sure the man from Peckham would declare:

"Billions, Rodney."

Congratulations to all involved, a global example of Croatian excellence. 

To follow Mate Rimac's journey, follow the dedicated TCN section on the progress of the Rimac story.

Wednesday, 20 July 2022

Croatian Entrepreneur Mate Rimac Invests in Gruntek

July the 20th, 2022 - Croatian entrepreneur Mate Rimac has decided to invest in a company that couldn't possibly have less to do with cars if it tried - Gruntek. 

As Poslovni Dnevnik writes, the remarkably talented Croatian entrepreneur Mate Rimac, known for his dogged determination to succeed in a society which still doesn't provide much of a welcoming or transparent environment for entrepreneurship, joined the ''gardens of the future'' during the second year of existence of Gruntek, the largest producer of eco-vegetables.

Rimac's investment in the the Croatian-made Gruntek will provide it with a very welcome spring in its step and a chance for it to go after its big plans for the future, that is, to enter foreign marketd. This is also the first agro project in which the Croatian entrepreneur Mate Rimac has invested, and they have stated from Gruntek that they are honoured that its persistence and high quality have been recognised by someone of Rimac's status in the business world.

''We're now one step closer to realising some of our big plans for creating a greener and more sustainable future: Gruntek encourages the urban population to purchase organic vegetables directly from their producers, without the use of middle men or intermediaries; it's transparent, more favourable and goes without creating any waste from packaging and throwing away excess food from store-bought items, which is inevitable when it comes to purchasing from retail chains.

Gruntek has no such problems; given the fact that we don't use any plastic during the production process, nor do we use it in packaging and distribution. Our users are already used to the natural look and taste of our vegetables and don't have any plans whatsoever to return to buying them from mass production,'' Gruntek pointed out.

For more on Croatian entrepreneurs, inventions, startups and other companies, make sure to check out our dedicated business section.

Saturday, 18 June 2022

Mate Rimac Registers First Nevera, Reveals More About License Plate

June the 18th, 2022 - Croatian entrepreneur Mate Rimac has registered the first Nevera supercar. He took to Facebook to make the announcement and to reveal just what the letters and numbers on the vehicle's license plate mean.

Livno-born entrepreneur and inventor Mate Rimac has done more to place Croatia firmly on the map of innovation and not just tourism than anyone else in recent times. Dubbed the Balkan Elon Musk, Rimac shines a more modern light on the country of genius Nikola Tesla's birth, attracting investment from the likes of Porsche and becoming immortally associated with the gigantic Bugatti group.

His Nevera supercar was in the making for a full five years, and this doggedly determined self-proclaimed car lover who started up his remarkable business from his garage not so long ago has shown just what can be achieved even in a country which likes to bite the heels of would-be entrepreneurs at every step.

As Poslovni Dnevnik writes, businessman and creator Mate Rimac took to Facebook recently to post that the first Nevera supercar had officially been registered.

"After five years of development, over 1,000 people in the project, seventeen prototypes produced, 45 crash tests, nine cars destroyed during crash tests and thousands of other tests - today, the first Nevera has officially been registered. For now, in Croatia, and soon in many other countries. Here’s the license plate, it even has its stamp. It will be interesting to see them soon on the license plates of Monaco, UK, USA, Germany, Japan, Canada, etc,'' wrote Rimac.

He then revealed what the different letters and numbers on the stunning Nevera's license plates meant.

One of his Facebook followers asked him below his published photos of the newly registered Nevera if the letters NM on the table mean "Nevera Matina''. Rimac replied that it meant "2360 Newton metres'', to which multiple people said is truly an original thought.

For more, make sure to check out Made in Croatia.

Tuesday, 14 June 2022

Rimac's Nevera Supercar Races Against Plane - Who Was Quicker?

June the 14th, 2022 - Mate Rimac's stunning Nevera supercar recently raced against a plane as part of a Varazdin-based event, but which of the two was quicker?

As Poslovni Dnevnik writes, the gorgeous Nevera supercar was driven by Miroslav Zrncevic, the main test driver of the Bugatti Rimac car, who explained that the maximum speed of the Nevera was 420 km per hour, and the maximum speed it achieved in this particular race against an aircraft was 350 km per hour.

As part of a three-day meeting of supercar owners held this weekend in Varazdin, Rimac's Nevera supercar faced off an acrobatic plane in a race - and this Croatian-made car won.

Three hundred visitors witnessed the unprecedented spectacle, a race between the Nevera supercar and an acrobatic plane, and despite the strong winds that disturbed both the driver of the Nevera and the pilot, the experienced helmsmen of their respective vehicles put on an amazing 20-minute show. In the battle in which both the Nevera supercar and the plane reached speeds above 350 km per hour, the final and convincing victory was won by entrepreneur Mate Rimac's car from Sveta Nedelja near Zagreb.

"We made two attempts at it, during the first attempt we were aligned to the goal where I started to go, and in the second attempt I basically let the plane go so that we could show spectators a little more about the difference in speed," said Zrncevic.

As Peter Podlunsek, an experienced Red Bull acrobatic pilot who flew the plane, pointed out, the race against the Nevera supercar was technically very demanding.

"First of all, flights when you fly upside down at 300 km plus per hour with strong winds blowing aren't so common, so there was a lot of turbulence to deal with,'' explained Podlunsek, who has been behind the wheel for several races, but this is his first against a hypercar.

The main organiser of the spectacle was Kresimir Mostarcic.

The spectacle was held as part of a three-day meeting in which Mostarcic brought expensive cars to Varazdin, so Rolls-Royces, Bentleys, Jaguars, Porsches, Maserattis drove through the streets of this continental Croatian city, and the highlight was the arrival of Rimac's Croatian-made Nevera.

"My vision is that even smaller cities can be the centres of top car events. I'm glad that this meeting was recognised by our friends and partners from many European countries, and the owners of these cars came from Switzerland, Italy, Germany, and Slovenia,'' said Mostarcic.

He noted that the mayor of Varazdin, Neven Bosilj, and the director of the city's Tourist Board, Jelena Toth, also both expressed a desire for this event to be repeated.

Mostarcic announced that similar events called FLY OVER by CleanFellas will be held in both Osijek and Pula.

For more, check out Made in Croatia.

Wednesday, 8 June 2022

Croatian Unicorns in New York: Rimac, Infobip Headlining ACAP Conference

June 8, 2022 - New York is the destination for two Croatian Unicorns and many other rising stars from Croatia for the 6th ACAP (Association of Croatian American Professionals) conference.

Looking to see the very best Croatian talent on display? New York is the place to be next week for the 6th ACAP conference, which kicks off on June 16, with a star-studded cast. 

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How nice it is to open with the sentence - Two Croatian Unicorns will be among the keynote speakers at the event in New York. 

Both Mate Rimac, CEO of Rimac Bugatti, and Silvio Kutic, CEO of Infobip, will be among the speakers. Impressive as this is, what I find even more exciting is the sheer depth of talent of other participants. If you want to see a snapshot of the people driving real change in Croatia and beyond, this is the conference for you. 

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The Association of Croatian American Professionals has done an excellent job in recent years bringing the 1.2 million Croatian American diaspora closer to the Homeland, with a particular emphasis on business and medical tourism. The annual conference is an excellent opportunity to showcase Croatian talent, as well as networking. You can see a full list of speakers here (as well as register).

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Additional key speakers include Robert Herjavec of Shark Tank fame, Pete Radovich, Senior Creative Director, VP Production at CBS Sports, Emil Tedeschi, CEO of Atlantic Grupa, Dubravko Lakos Bujas, Chief Equity Strategist at JP Morgan, Marko Ratesic, COO of Americas Financial and Strategic Investors Group, Goldman Sachs, Jasmine Golubic, Senior Director Automotive Marketing, SiriusXM, Kreso Marusic, Managing Director of Bridgewater Associates, and Maja Vujinovc, Managing Director of OGroupLLC. 

The proposed program, which is subject to change, can be found below, but please check the link above for the latest information and schedule.

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For more news and views from the Croatian diaspora, check out the dedicated TCN section.  

 

 

 

Wednesday, 1 June 2022

SoftBank and Goldman Sachs Invest €500 Million in Rimac Group

June 1, 2022 - Rimac Group received an investment of half a billion euros from SoftBank Vision Fund 2 and Goldman Sachs, which raised the value of the company to more than two billion euros. According to Mate Rimac, they will employ 700 people by the end of the year.

Rimac Group announced that EUR 500 million of investments were collected in investment round D, which exceeded the total market value of the company by 2 billion euros, reports Telegram.hr. Those 500 million euros is the largest investment so far, and a larger sum than all the investments the company has attracted. The key investors in the new round are SoftBank Vision Fund 2 and Goldman Sachs Asset Management, with the participation of existing Rimac Group shareholders, including Porsche and InvestIndustrial.

The company’s founder, Mate Rimac, still has the largest stake in the company, while the Rimac Group has a majority stake in Bugatti Rimac with a 55 percent stake. The other 45 percent is owned by Porsche. With the recent spin-off, Rimac Technology has become a fully independent company wholly owned by the Rimac Group. Rimac Technology is known for being a technology partner of global automotive manufacturers, which selects it to develop and manufacture high-performance battery systems, electric powertrains, electronic systems, and user interface components.

This year the company will hire 700 new people

Mate Rimac, CEO of the Rimac Group, said they were honored by the support of new investors, but also noted that they have ambitious growth plans for the next two years. “We are honored to support significant new investors such as SoftBank Vision Fund 2 and Goldman Sachs Asset Management, who believe in our vision. We are also grateful to Porsche and InvestIndustrial, which have played an important role in our success so far, and have now stepped up their support with new investments. In my opinion, it is a huge thing that they invested in us from SoftBank, the largest technology investor in the world, and Goldman Sachs, in general, one of the largest investors in the world", Rimac told reporters.

“As we reorganize the Rimac Group, we are establishing new production processes to meet global demand, we are hiring 700 new employees in 2022 alone, and we have hired more than 300 people so far. We are opening new offices in several locations in Europe and expanding production on Campus and other locations, the support of our professional investors will help us bring the company to the next stage of life. I would also like to personally thank all our employees because without their hard work, loyalty, and enthusiasm for the vision of the Rimac Group, we would not be here where we are today", added Rimac. Rimac revealed that today, 12 years since its founding, the company has more than 1,500 employees (there are more than 700 engineers) in eight locations.

The lack of staff in Croatia forces the employment of foreigners with experience

In a conversation with journalists on the occasion of the completion of the new investment round, Mate Rimac pointed out that the company continues to record constant growth, every year and a half to two almost double the number of employees. Currently, 150 employees work in France in the plants that Rimac shares with Bugatti, while in Warwick, Great Britain, there are already about a hundred employees. As for employment, Rimac says the focus in the last two years has been on increasing seniority.

"We grew organically before and we couldn't afford to pay foreigners or we weren't very attractive to them, and there was no experience in Croatia. So, in the beginning, we were all young, there were also students for whom this was their first job. That is why we focused on bringing in foreigners who have a lot of experience in the industry since we simply do not have such staff with such experience. Now we have people from Ferrari, Aston Martin and such companies. Almost half of the new people are foreigners. Even English people work here, although we also have an office in England. Those who are more ambitious prefer to come to us, 'close to the action', although they can work from England. Everywhere it would be difficult for us to make the team we want and in such a short time with such huge growth, without hiring internationally. Even if we are in, say, Germany", explains Rimac.

Rimac also pointed out that so far they have received almost a hundred times more investments from private investors than the money they received from the EU and Croatia. "So, it is absolutely untrue that we live on EU funds. Only one percent of our total investment comes from EU and national funds, less than seven million euros, as far as I know. We paid ten times more in taxes than we received money from the state, and four times more than we received from the EU", added Rimac.

Problems are caused by a lack of materials

Asked how much Rimac Automobile is affected by a shortage of materials, such as cables, Rimac revealed that, although they are a small company, they still have problems due to their vertical integration. “We produce thousands of parts ourselves. For example, an electronic unit or board that we work on has a few hundred small components. If we are missing only one of these components, we cannot produce a tile.

That was a huge problem for us and the reason why some things took us a lot longer. Being a small company, we managed to get away with paying ten or thirty times the purchase price from a broker, so that we could buy some, say, connectors from them. We had no other options. It is cheaper for us to pay more than for production to stop”, explains Rimac.

More than 200 million in development

Because they create products with very high added value, Rimac says that time means much more to them than the price of energy. "This year, our energy costs will be far less than one percent of the annual cost. We are investing hundreds of millions of euros in development, and this year alone the budget for that is more than 200 million euros. Of all the things that can affect our business or cause us problems, energy is in the 100th place. I'm worried about other, much bigger things. It is important to us that there is no delay. If something is late for us, or we have to go back to development because we screwed up, it will have a much bigger effect than the increase in energy prices. So, that is not a factor for us", said Rimac.

As for a possible IPO (short for initial public offering), Rimac says they want to do it at the best time for the company. "There is no specific timing when we have to or want to. I expect us to do that at a time when the company is a little more predictable, that is, when you are sure that you can fulfill something you announce within the given deadline. In my opinion, this is the right time to list the company. I don't know if it will be in the next three or five years, but it is a framework we are thinking about", Rimac said.

The capital will be used for the further development of Rimac Technology

In November 2021, the merger of the hypercar division, Rimac Automobili, with Bugatti Automobiles was carried out. Now both brands operate within the Bugatti Rimac company, the world's leading manufacturer of high-performance hypercars. The capital raised from Investment Circle D will be used primarily for the further development of Rimac Technology in the field of large series production for global automotive manufacturers.

The company says that based on the knowledge gained from the development of the Rimac Nevera electric hypercar, the company has developed a wide range of products and services for the entire process, from concept to series production of various key elements of electric and hybrid cars. So far, Rimac Technology has already entered into partnerships with many global brands, including Porsche, Hyundai, Pininfarina Cars, Koenigsegg, and Aston Martin. Mate Rimac also said that the company is currently cooperating with 12 world car manufacturers.

Tens of thousands of components will be produced on campus

Rimac Technology is in the process of increasing its production capacity, and the construction of the new Rimac Campus, the largest industrial building in Croatia, is currently being completed. When full on-campus production capacity is reached, Rimac Technology will be able to produce tens of thousands of components annually, ranging from hybrid battery systems to entire platforms for other manufacturers.

The Rimac Campus will also house the headquarters of Bugatti Rimac, which manages the Bugatti Automobiles and Rimac Automobiles hypercar brands. The campus will also produce the Nevera hypercar - the most powerful production car in the world. Work on campus, Rimac says, despite all the problems with the lack of materials, is progressing well, since the roof is already set on part of the building.

They are also planning another campus

Rimac also revealed that, although the first campus is not open either, they are intensively planning a second campus. In the meantime, they have rented several office buildings in the City Island business center near Buzin, because they have already realized that the Campus in Sveta Nedjelja will not be enough for them. Between 500 and 600 people now work at the temporary location in Zagreb's Skorpikova, former Pevec. When asked where and when another campus could be built, Rimac said they are planning a facility that is four to five times larger than the current Campus.

"For now, we are planning in Croatia. You know that we bought about 600,000 square meters of land near Kerestinec from Pliva and we are thinking of doing it there. Of course, we are also talking about a much larger number of employees. The campus is already filled with projects, everything is sold out. We already know where the production line for which manufacturer will come from. This campus is already too small for us", Rimac told Telegram.

What do investors say?

Jimi Macdonald, an investor for SoftBank Investment Advisers, said we are witnessing rapid growth in demand for electrification in an industry facing significant challenges in adapting to technological change. “Rimac has quickly established itself as a leading EV technology partner to the global automotive industry in the transition to an electric future. We are happy to be able to support Mate and his team in further success and raising Rimac to a new level”, said Macdonald.

Michael Bruun, Director of Private Equity at Goldman Sachs Asset Management for Europe, the Middle East, and Africa, said the company looks forward to partnering with Mate Rimac and his managers to develop innovation and make further progress in pushing the boundaries of battery and electric drive performance. Andrea C. Bonomi, Chairman of Investindustrial's Industrial Advisory Board, said they were "extremely pleased to be able to continue to support the company in achieving its industrial expansion plan, which will make Rimac a leader in the transition to electromobility solutions. We also welcome new shareholders who will further strengthen the group."

Lutz Meschke, Deputy Chairman of the Management Board of Porsche AG and a member of the Management Board for Finance and IT, reminded us that already in 2018 they were convinced that Rimac has great potential. “We are happy to have been able to contribute to the progress and success of the Rimac Group. With the new investors, Rimac will further strengthen its position in electromobility and thus become an even stronger partner for Porsche. This close cooperation creates added value on both sides in terms of technological and innovation strength”, says Meschke.

For more, check out our business section.

Saturday, 30 April 2022

Rimac Seeking to Employ 250 People for Positions in UK, Germany

April the 30th, 2022 - Wildly successful Croatian entrepreneur Mate Rimac, the founder of Rimac Automobili, is looking to employ as many as 250 new employees, some of whom will go on to work in the United Kingdom and in the German capital of Berlin.

As Poslovni Dnevnik writes, nobody who follows the media space in Croatia will find the name Mate Rimac strange. This incredibly talented and doggedly determined Livno-born businessman not only placed the country on the automotive map after starting out from his garage, but has since become the co-owner of Bugatti Rimac, with many other ventures having taken place in the meantime.

The entrepreneur recently announced on his Facebook profile that he was on the hunt for a significant number of employees, some of whom will remain in the country, and some will go to work abroad in other European countries, namely Germany and the United Kingdom.

At the level of the entire group, as many as 252 people are wanted by the CEO at nine different locations. Of that, 146 people are wanted to work at Rimac Technology, and 106 people are sought for various positions within the large Bugatti Rimac company.

"This year, 300 colleagues have joined us, and by the end of the year we are looking for 400 or more people," he wrote on social media.

Both Rimac and Bugatti are looking for a number of different experts, mostly engineers and software developers.

These future employees will work in Sveta Nedelja and Savska Opatovina near Zagreb, as well as in Split, Osijek, Warwick in the United Kingdom, and one job is also available in Berlin, the businessman revealed.

The amount of jobs Mate Rimac, who is a self described car lover since childhood who could never have dreamed his success would become what it since has, has created for Croatia and beyond is admirable. On top of that, he readily schooled the government on what it means to attract massive industry like the automotive industry to a small country that was otherwise entirely overlooked.

For more, check out our dedicated business section.

Wednesday, 13 April 2022

VIDEO: Rimac Team Test Out Stunning Nevera in Extreme Conditions

April the 13th, 2022 - The Rimac team have been testing out Mate Rimac's stunning Nevera in some rather extreme conditions close to the Arctic Circle up in Sweden.

As Poslovni Dnevnik writes, the Rimac team completed two intensive weeks of winter testing with the gorgeous Nevera supercar back in March at Pirelli’s Sottozero Centre near the Arctic Circle in Sweden. With unusually warm daytime temperatures, the Rimac team spent their time testing the car at night when temperatures were at their lowest and as such their most extreme, adjusting systems such as the ABS, ESP and torque vectoring, and before delivering the very first production cars.

After several years of simulations and testing on tracks, as well as in various test centres across Europe, the all-electric 1914 hp Rimac Nevera has already passed its homologation crash tests for the US and EU, serial production is underway and deliveries to customers around the world will begin in the next few months. However, to ensure that each management system works perfectly in all conditions, the Rimac team headed up to Sweden to confirm the results they had previously achieved on the road, on the tracks and in the climate chambers.

This environment was an ideal opportunity to test the Nevera on its recommended winter tyres - Pirelli P Zero Winter. This type of tyre is characterised by a special mark on the side that testifies to the joint development that Pirelli carried out in partnership with Rimac. Nevera's standard summer tires are otherwise Michelin Pilot Sport 4S.

Miroslav Zrncevic, Chief Development and Test Driver, said: ''Testing the Nevera on a low-adhesion substrate allows us to make consistent and accurate observations of how our systems operate at low temperatures. Things happen much slower on this than they do on asphalt, and we have nice, even, smooth handling paths so we know that the data we get isn't being affected by surface imperfections or temperature changes. After these two weeks of testing, we're happy to see exactly the results we wanted to achieve.''

Mate Rimac, the CEO of Rimac Group, said: “For us, this process of testing in extreme conditions was an opportunity to perfect the Nevera, ensuring that it's perfect before the first deliveries go out to the owners. Even after two weeks spent at temperatures of around -15 ° C and with a rather demanding testing regime, our prototype met the conditions by achieving 100 percent of the expected results, so we know that all our core systems can work reliably even in extreme conditions. What we also wanted to achieve is to develop a super sports car that can be driven and enjoyed by someone who isn't the most experienced driver. Finding a balance of creating an exciting, driver-adaptable yet safe ride in a 1914 hp car with four independent electric motors has been our goal since day one, and as testing nears the end, I can say with certainty that this is exactly what we achieved with the Nevera.''

For more, check out our lifestyle section.

Friday, 8 April 2022

Top Gear Car Magazine Gives Mate Rimac's Nevera Prestigious Award

April the 8th, 2022 - The Top Gear Magazine Electric 2022 awards has awarded Croatian entrepreneur Mate Rimac's stunning Nevera a prestigious award.

As Poslovni Dnevnik writes, just weeks after being named GQ Magazine's Hypercar of the Year, Rimac's gorgeous  Nevera won the Best High Performance Electric Car Award at the prestigious Top Gear Electric 2022 awards. These Top Gear car magazine awards, organised and judged by a team of experts from Top Gear each year, highlight the most important cars around the world in a number of different categories.

Speaking about the impressive Nevera, the assistant editor of Top Gear magazine, Tom Ford said: “The evolution of the revolution - Nevera is a summary of the technological knowledge of the Croatian manufacturer Rimac, and when it comes to electricity and advanced control systems, Rimac is the god of lightning.''

A new generation of fully electric hypercar

Rimac's Nevera represents a paradigm shift in automotive performance, technology and design. The new generation of fully electric hypercar has also unlocked new dimensions of performance that were once considered unattainable. 1914 horsepower produced by four electric motors, running it from 0-60mph in just 1.85 seconds and up to 100mph in 4.3 seconds. The Nevera was named the fastest production car in the entire world last year, crossing a quarter of a mile in a world record of 8,582 seconds.

“When we first introduced the all-electric Concept_One supercar at the Frankfurt Motor Show back in 2011, it had no competition - the idea of ​​sports and supersports electric cars was still abstract. But today, with Nevera, we find ourselves in a market full of extremely impressive all-electric sports cars from some of the world’s largest manufacturers. On behalf of the team of people who have worked tirelessly to improve the Nevera over the past few years, it's a great privilege to be singled out by the amazing group of Top Gear experts as the best high-performance electric car in the world today,'' said Mate Rimac, the CEO and founder of Rimac Automobili.

For more, make sure to check out Made in Croatia.

Tuesday, 8 March 2022

Croatian Entrepreneur Mate Rimac Meets With Elon Musk in NYC

March the 9th, 2022 - Croatian entrepreneur Mate Rimac has met with Elon Musk in Manhattan, New York, and he cited the meeting on his personal Facebook profile as ''fun and intense''.

Croatian entrepreneur Mate Rimac, born in Livno, Bosnia and Herzegovina, is more than well known across Croatia for doing what many would have considered impossible before him. The founder of Rimac Automobili and Greyp Bikes is just 34 years old and his dogged determination has resulted in success even he, who began his path in a garage, could never have dreamed of.

Since then he has made a name for himself across the rest of Europe, attracting the automotive industry to Croatia for the very first time and even teaming up with the likes of Porsche and more recently, Bugatti.

Often referred to as the ''Croatian Elon Musk'' or the ''Elon Musk of the Balkans'', it was only fitting that this remarkable innovator met with the man himself when spending time across the pond in the Big Apple. 

Comments from followers and friends on Facebook praised the pair for having come together, writing ''finally'' and that the photo of them both together was ''history making''.

For more on Croatian entrepreneur Mate Rimac and other entrepreneurs and companies, make sure to check out Made in Croatia.

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