Thursday, 21 March 2019

German President Coming to Croatia, Will Visit Rimac Automobili

The German President Frank-Walter Steinmeier is paying an official two-day visit to the Republic of Croatia from Germany today, the plans include for him to pay a visit to the German and French international school "Eurocampus" and get a taste for the incredible creations of Croatia's most well known entrepreneur, Mate Rimac.

As Poslovni Dnevnik writes on the 21st of March, 2019, upon the invitation of Croatian President Kolinda Grabar-Kitarović, the official visit of the President of the Federal Republic of Germany will begin with a ceremony at the Presidential Office, a friendly tête-à-tête meeting between the two presidents and a bilateral meeting of the official delegations of the Republic of Croatia and the Federal Republic of Germany.

After meeting with President Grabar-Kitarović, President Steinmeier will meet with Croatian Parliament Speaker Gordan Jandroković and go to Zagreb's beautiful Mirogoj cemetary, where he will place a wreath in front of the monument entitled ''Glas hrvatske žrtve - Zid boli'' (The voice of Croatian victims - The wall of pain).

As mentioned, between or after having met with the necessary persons who make up essential parts of the Croatian Government and the Croatian president herself, Germany's Steinmeier will visit the German and French international "Eurocampus" school, as well as the one and only Rimac Automobili which is located in Sveta Nedelja, not too far from the capital city of Zagreb.

Mate Rimac is the undoubtedly the face of modern day Croatian entrepreneurship, echoing the memory of Nikola Tesla from many moons ago. Mate Rimac's Rimac Automobili company was founded back in 2009 with its headquarters located in Sveta Nedelja in Zagreb County, where it remains to this day. The German President's visit to the company's headquarters will continue to send out the message that despite all - you definitely can make it work in Croatia.

Make sure to follow our dedicated politics page for much more.

Saturday, 16 March 2019

Mate Rimac Featured in The Economist, as Greyp G6 Launches

March 16, 2019 - International acclaim and successful new product launches, it is all happening for Mate Rimac at the moment, with a feature in The Economist the latest exposure.

It is becoming increasingly hard to keep up with Mate Rimac, and not just because he makes the fastest cars in the world. 

It seems not a day goes by without another achievement of media spotlight for the young Croatian entrepreneur, who single-handedly built a car industry in a country where none exists. But while the stereotype is that Rimac Automobili builds cars for the super rich, the core business is technology, as he explained in a major 2016 interview on Croatian television, which was translated by TCN in 2016.

Rimac once again had a spectacular Geneva International Motor Show, and the impact of Rimac Automobili was highlighted in a post on his Facebook page:

What makes us very unique in Geneva (and automotive industry/history in general) is that our products and technologies are represented in many other brand's cars and stands at the show. And not "just" with any parts but with key enables for these cars to even be possible. It is quite incredible that out of the 5 hybrid/electric supercars coming to the market (Aston Martin Valkyrie, Koenigsegg Regera, Pininfarina Batista, Mercedes AMG Project 1, Rimac C_Two), 4 have at least our battery system (some of them much more), which makes Sveta Nedelja the world capital of high-performance hybrid/EV systems. At the same time, there is much more going on behind the scenes - will be an interesting time. 

And the industry media has been quick to take notice:

"Rimac is the company that currently holds all the aces. Not Tesla, not Toyota."

Last night's focus was in Zagreb, for the launch of the Greyp G6 smart bike. You can read more about that in this TCN report, or watch the product launch above. 

Also named in the top 100 digital champions of Europe by the Financial Times, Mate Rimac also appears in this week's edition of The Economist, Speed King: a Croatian Inventor Says He is Building the World's Fastest Car.

To try and keep up with the Mate Rimac story, follow the dedicated TCN page.

Saturday, 16 March 2019

Mate Rimac Introduces New Greyp Smart Bike

A new line of Greyp mountain bikes was presented in Zagreb last night. Unlike with the cars developed by Mate Rimac and his company, the emphasis with the Greyp Bikes is not on speed and power, but on connectivity and smart solutions which should bring about a unique user experience. The technology is the main difference between the new Greyp G6 and the existing mountain bikes, reports Večernji List on March 16, 2019.

Unlike its predecessor, the G6 is a pedelec model, which means that the rider has an electric motor assist, but as soon as he or she stops pedalling, the assistance also ends. The novelty of the new generation of Greyp bikes is their constant internet connectivity through eSIM technology, which opens up new possibilities for bicycle use and riding experience, and allows its owners remote control of specific bicycle functions as well as their monitoring. In addition to all the electronics and software, the G6 is a fully-fledged mountain bike. The frame is made of reinforced carbon fibre composite, with enduro-geometry and 27,5+ tires.


“It took us four years of intensive research, development and testing to create a product that we can present to the public. The features of the system and the technology platform are more important than the product itself. Unlike traditional bicycle companies, instead of equipping a bicycle with electric drive, we have developed a bike around the drive, sensors and constant connectivity to the internet. I believe that we have linked the bicycle and digital components in a unique way, integrated the sensors and cameras, networked the bicycles, developed a mobile app and created a whole new bike experience”, said Mate Rimac.

One of the main features of the new bicycle is the role of the smartphone which becomes the main user interface. Connectivity allows you to send commands to the bike or download images from integrated bicycle cameras even when the bicycle and the user are not in the same location. Cameras capture every situation, and videos and photos can be shared real-time on social networks.

“The whole bike is about connectivity and the Internet, the Internet of Things... There is eSIM, and you do not need a physical SIM card. Each Greyp comes with eSIM, which is just software, and until 2020 everybody will have a free Internet package. We are doing this for our other projects as well, both for our cars and for the cars of other manufacturers, because we are working on connectivity systems for others,” said Rimac.


Rimac explained that America, surprisingly, is still a very weak market for electric bicycles. “By far the largest market is Europe, particularly the German-speaking area, so we are focusing there for the time being,” Rimac said, adding that he thinks that Germany will be the largest market for the new bike.

“The main task was to develop the system. And now we want to expand this system to others because it is perhaps even more important to build that user ecosystem than to produce bicycles,” Rimac said.

Rimac also announced that in April the company will move a large part of the production to a location about half an hour away from Sveta Nedelja, where it is now, and that they wanted to remain in the area.

Translated from Večernji List (reported by Zoran Vitas).

More news about Mate Rimac can be found in the Business section.

Tuesday, 5 March 2019

Rimac to Present Improved C_Two in Geneva

After the C_Two premiere at the Geneva international motor show last year, Rimac Automobili will this year present the final look of the C_Two model, whose first prototypes are already in production. In Geneva, Rimac will also show the early indications of the final performance characteristics of the electric drive which will be subjected to hundreds of tests during the certification phase, reports on March 5, 2019.

“With the testing program launched early this year, Rimac Automobili is continuing to work hard on developing the C_Two model. New technologies are being introduced, and the model is undergoing hundreds of tests and procedures to meet all of the initial goals and global approval standards," said the Croatian manufacturer of electric vehicles on its website, announcing the participation in this year's Geneva motor show.


As announced, Rimac C_Two is the world's most powerful electric hyper-car, which demonstrates the expertise of the technology leader from Sveta Nedjelja near Zagreb in high-performance vehicle systems. The C_Two has a four-engine drive system with a total of 1914 horsepower and a torque of 2300 Nm. The acceleration from 0 to 100 km/h takes just 1.85 seconds, and it can reach the speed of 300 km/h in 11.8 seconds. A 120-kWh battery allows for a range of 550 km according to the WLTP standard (650 km according to the NEDC standard).


These figures have stunned the world, but with the latest efforts, the C_Two will be even more advanced. Prototypes are in the production phase, and the C_Two will soon get its final shape. In 2020, its performance characteristics will be seen on the streets all over the world, and C_Two will demonstrate how far (and how quickly) the electrical technology went into the future.


The C_Two model which will be presented at the 2019 Geneva Motor Show has been made in the galactic white colour with deep blue carbon fibre elements. The interior is hand-made and specially designed, with carbon fibre which complements blue leather and contrasting seams. This specification reveals an elegant but also exciting C_Two model profile.


"The designing, engineering and production of key electrification systems for high-performance vehicles is still the mission of Rimac Automobili. During 2018, the company that can no longer be called an automotive startup has grown to twice its previous size and now supplies with its batteries, drives, hardware and software solutions its numerous partners in the automotive industry, powering some of the most extreme performance electric vehicles and hybrid electric hyper-cars on the market. The goal is always to offer innovative technologies to the high-performance market, starting with the crown jewel – the Rimac C_Two model,” concludes the company.

More news about Rimac Automobili can be found in the Business section.

Translated from

Saturday, 8 December 2018

Rimac Automobili Receives Loan for Capacity Development and Expansion

A huge cash loan from the European Investment Bank for Mate Rimac's company Rimac Automobili has been signed and sealed.

Mate Rimac is without a doubt the face of one of Croatia's most inspiring entrepreneurial stories ever. Success doesn't come easily in Croatia, and while many prefer to complain about that face or simply go off and seek it elsewhere, only to realise that nowhere is quite as easy to navigate as you're told, people like Mate Rimac keep on fighting and make things happen.

Croatia is full of talent and it spills out onto all possible fields, from sport to business to invention and innovation, this little country of approximately four million people has it all. Despite being the home of people like Luka Modric and Mate Rimac, what Croatia doesn't have, however, is a set of state authorities who want to make life more simple for that talent to not only remain within the country, but to manage to develop and flourish here. Just like what was stated previously, Mate Rimac and Rimac Automobili have conquered those barriers, meaning others can, too.

As Poslovni Dnevnik writes on the 7th of December, 2018, the vice president of the European Investment Bank (EIB), Dario Scannapieco, has signed a contract with Privredna banka Zagreb for a loan guarantee for Rimac Automobili, totalling an enormous 30 million euro.

The European Investment Bank and Rimac Automobili then signed the very welcome loan of 30 million euro for research purposes, as well as for the company's capacity development and expansion in Sveta Nedjelja.

In addition to the huge loan provided to Rimac Automobili, another loan worth 25 million euro loan was given to innovative small and medium-sized companies.

Make sure to follow our dedicated Made in Croatia and business pages for more information on Rimac Automobili, other Croatian companies, products and services, as well as all you need to know about the business and investment climate in Croatia.

Saturday, 24 November 2018

Rimac Automobili Releases Photos of C_Two Aerodynamic Testing

Croatia’s Rimac Automobili has published on its Facebook page impressive photos of the C_Two aerodynamic testing in an air tunnel, reports on November 24, 2018.

241118 c two aerodynamic testing 1

“This is a sneak peek into the Rimac C_Two wind tunnel test.

This is a full-scale model built specifically for the wind tunnel test with fully functional active aero components, realistic suspension and brakes, fans, the realistic pressure drop across the radiator cores and the rotating wheels.

It enabled us to test the relevant parts quickly and compare to the CFD results.

The testing was done before releasing the tooling into production, this way any potential changes can still be implemented in the production car.

More soon... Stay tuned,” wrote the company on its Facebook page.

241118 c two aerodynamic testing 2

Croatian entrepreneur Mate Rimac and his company have been going from strength to strength in recent years. Just recently, Mate Rimac was named one of the top 100 digital champions of Europe and has given an in-depth interview to Financial Times. Two weeks ago, the company announced it was creating additional 100 jobs in Croatia. Mate Rimac was also named one of the Innovators under 35 by the MIT Technology Review. In September, Rimac Automobili announced a partnership with Pininfarina on a production of a new electric car.

This autumn, the company’s new model C_Two was presented in Zagreb, where it delighted all those who saw it, just like it did a little bit earlier in Los Angeles, where another presentation was organised.

Rimac even worked on the famous Jaguar which was featured heavily during the wedding of British Prince Harry and Meghan Markle in May this year.

Mate Rimac has proven that it is possible to succeed in Croatia, despite the business environment which is far from what it should be.

241118 c two aerodynamic testing 4

For more on Mate Rimac and Rimac Automobili, one of Croatia's fastest growing and best technology companies, click here.

Monday, 12 November 2018

Rimac Automobili Opening 100 New Jobs

At this moment, Mate Rimac’s company, Rimac Automobili, employs 429 full-time workers, or 482 employees with associates and students. While most of the workers are based at the company headquarters in Sveta Nedjelja near Zagreb, earlier this year Rimac Automobili opened offices in Split and Osijek. The employees come from 27 countries around the world, according to a statement issued on the Rimac Automobili’s website, reports on November 12, 2018.

“Each time any company doubles – everything changes. We are really working hard to structure the company, organize the processes, and help our managers and team leaders to keep things manageable. One of the biggest challenges we have at the moment is space – we are currently in five buildings in Sveta Nedelja and expanding to other locations for both production and R&D,” said Mate Rimac, the founder of Rimac Automobili.

“The fast-paced growth continues due to our growing needs. The Rimac C_Two, launched this year at Geneva Motor Show, is in the final stage of development and requires a lot of resources to tackle the challenge of the homologation and other tests prior to production,” wrote Rimac.

The company is now looking to employ further 100 new employees. All the details can be found here.

In addition to its own projects, the company is working on many more vehicles and technologies. Rimac is a partner to many automotive manufacturers: Porsche, Pininfarina, Aston Martin, CUPRA, Renault, and more others.

“These are exciting times, and we are continuing with the hard work, determined to deliver on our promises,” concluded Rimac Automobili.

Mate Rimac and his company have been in the media focus lately due to their successes. He was named as one of MIT’s Innovators Under 35 and has recently announced that he would start working on a new electric car together with Pininfarina.

For more on Mate Rimac and his company, click here.

Wednesday, 3 October 2018

Mate Rimac: We Made Mistakes, But We Learned From Them

Rimac speaks of the hardships of such a heavy workload, and how the car industry is an extremely difficult one worldwide.

Sunday, 30 September 2018

Mate Rimac: I Will No Longer Be Majority Owner of My Company

With new investors expected, Mate Rimac’s share of the company will fall below 50%.

Friday, 28 September 2018

Rimac Automobili and Pininfarina to Work on New Electric Car

The contract is worth 80 million euro.

Page 13 of 19