I'm Impressed that you could have a guided tour over that amount of space, and your guide could remember every detail of each space! I wouldn't be able to find my way back to where I started! Impressive facility. Thanks for the tour 😊
My father would have loved to see this modern factory! As he was a civil engineer! But sadly he passed away 24 years ago! That was just stunning to see this complex and the design aspect of to too! That was mind blowing to see! Thank you to you Misha Charoudin and please thank the folks that allowed you to see it too! I cannot wait to see it all! Bravo! 👏👏👏👏👏👏👏👏👏👏👏👌
The most amazing things about such buildings are not the buildings themselves, but the processes that will be set up in them. So, hope for new episode in theses series next year. One more thing - it's interesting to see how "big guy" gives an opportunity to "small guy" and treats him as an equal (building correct relationship with employees). And then "small guy" becomes big himself and, based on established trusting relationship, repays the “big guy” with “free” advertising. Everyone wins.
Insane! This will look so amazing when it’s finished. The Campus is massive and everything looks so clean. What a growth! Can’t wait for the 2025 video!
This is very good. The size is whacking and deviates from the Croatian standards. Back in the day during Yugoslavia, we had some of the best running production systems and used to sell first-class final products to as far away as the USA and Japan, however, it was dismantled by corruption and money laundering on an unprecedented scale after 1990s. It's now 30 years past, and with campuses like this one we can only forge ahead. Sending you a shoutout from Slavonia! I'm a young pursuing ICT engineer who one day may consider working here in Rimac Tech.
It's absolutely amazing that Rimac has been able to do this in such a short time. Will be interesting to see what output they can achieve with such an impressive factory.
They are already talking of the third and forth campus. This one will be mainly for R&D and hypercar production . Only battery production for the new line of BMW cars will probably take most of the available space here. If they become supplier for high volume VW cars they will need much more space.
th-cam.com/video/cUNjhJbGBoI/w-d-xo.html Regarding sheep as business asset. I don't remember where exactly, but the sheep were used as "automated bio-lawnmowers" to remove flora around solar panel farm (so that the grass did not shade the panels). Mate just has to put one solat panel in that field and done deal.
Thanks for the video. A significant investment for sure, but we must remember Rimac are an engineering company and do a lot of work for others, plus no doubt they will make cheaper cars too, Rimac and Bugatti coming for Ferrari and Lambo?
Seems to me not enough emphasis is put on research and development. I thought Rimac company was based on that. I would love to hear more about it. Specially regarding new types of batteries.
@@mgcharoudin2 Croatia is my fave holiday destination. I have Croatian friends in Makarska. All musicians. Meggi might know the band.....REZERVE. Also I miss the bar in the old town called Rockatansky. Its changed
i would not wonder. somehow the money for all this stuff seems a bit odd. the company is new and hes 36 years old. yet his company is already bigger and more advanced then Paganis company while he builds more and more stuff and buys hypercars for himself. i dont trust any EVs, sorry.
I think they primary bussines are EV industry. Like batteries and complete 800V architecture for another car brand's (like Audi, Porsche, Kia, Hyundai etc etc )
"Mate Rimac is a young entrepreneur who likes to present himself as an innovator who, starting from the family garage, managed to reach the heights of the automotive industry and is now admired by powerful people like Emmanuel Macron or Ursula Von Der Leyen. In fact, he follows in the footsteps of Zuckerberg, Gates or Musk, those so-called geniuses whose dark sides are often ignored by mainstream media. Q: So isn't he really a self-made man who started out of nowhere? No. His father is Ivan Rimac, a tycoon close to the HDZ. He was sentenced to four years in prison for embezzlement in the Sibinj affair. Germany issued a warrant for his arrest for tax fraud through Interpol. He also spent a few months in pre-trial detention in Serbia. Of course, children do not have to pay the blame for their parents' crimes. However, in the Rimac Automobil project, father and son are inseparable. The father lent money - which the son then returned to the last penny - but above all the father's position and networks opened the doors of the highest institutions to his son, such as the State Bank for Reconstruction and Development, which granted at the then 23-year-old Rimac a soft loan. From 2014 to 2017, Ivan Rimac was formally involved in the project, including in its legal structure, where he held the position of chairman of the supervisory board. Also, as can be seen from the minutes of the Sveta Nedelja city council, where his name is mentioned, he used his connections within the HDZ to ensure that his son was quickly assigned a plot of land to building a campus. Q: What does the Rimac company produce, whose success everyone, starting with the Croatian government, praises? It is difficult to say what Mate Rimac actually produces due to the many contradictory statements in the media, to which he often returns saying that it has been misunderstood. However, his income, which amounts to 150-200 million kuna, is actually quite modest, even considering the relatively small context of the Croatian economy. If one compares the advertised prices of his cars with his real income, it is clear that most of his income comes from the sale of components to other companies, which makes the colossal resources that the state allocates to him absurd. Rimac's appeal lies not in its ability to produce, but in its ability to promise, which does not fundamentally distinguish it from other large companies. In other words, Rimac lies and lies often. Its sales manager, Krešo Čorić, had announced in 2018 that all 150 Concept Two produced had been sold, which Mate Rimac later denied, explaining that it was a misunderstanding ... Then he declared himself that they were 88 units were initially produced, of which ten would have been sold in 2011, but it later emerged that only 8 Concept Ones had been made. And that's not all. In 2014, he announced the construction of the first electric yachts with a cruising range of three hours, the manufacture of a "jet ski" that floats above the water, In 2015, it announced that it had built its first driverless car and, despite having claimed to have already produced it, it received € 200 million in aid for its development. As a final example, this summer he unveiled his new car, the Nevera, and claimed it had passed all world approvals. This turned out to be wrong once again. Last October the car was still undergoing European tests, the results of which are unknown to date. There are many announcements about production and innovations, but no patents are ever filed. Mate Rimac explains it's the patent filing process that can't keep up ... Q: What do you think of your two most recent projects, the Nevera, one of the fastest cars in the world, and the 'robotaxis' which, according to Mate Rimac, should be the first autonomous vehicle in the world? The Nevera is not a finished product because there is no homologation. In terms of development it has been largely exceeded, which would not be a problem if the state had not allocated 52 million kuna. Originally, the project was to be completed in three years, but due to the pandemic, an extra year was granted, until June 30, 2021. But in July, three weeks after the deadline, another extension was requested! With the same excuses: the homologation conditions made less simple due to the pandemic. And that's not all. In addition to Nevera, the "robotaxi" project is equally problematic. The state has invested 200 million euros of public money in a private company, which for Croatia is a colossal, not to say record, figure. The funds actually come from the European Stability Mechanism, which aims to help EU member states cope with the economic difficulties caused by Covid-19. According to official statements from Project 3 Mobility doo, a newly established company, Mate Rimac promises to develop a level 5 electric vehicle, that is, driven by artificial intelligence and capable of driving without human intervention using cameras and sensors. The project involves the deployment of 700 vehicles that would form the taxi fleet in Zagreb. The project is literally unfeasible, Q: Rimac is not just cars. There are also electric bicycles: Greyp Bikes. Greyp Bikes was launched in 2019 and potential buyers were offered the opportunity to invest in the company by purchasing "tokens" through the start-up Neufund, which was recently approved by the Liechtenstein regulator ... Can you tell us about more on this? It turns out that all of this is absolutely illegal. To justify what is happening to small investors, the CEO of Greyp Bikes recently explained that the European framework that regulates “tokenization” is too rigid. Neufund, the company through which the tokenization took place, then announced the closure because they weren't sure if everything was legal ... In fact, what is actually a somersault is presented as the consequence of the rigidity and slowness of the legislator ... In concrete terms, Mate Rimac has freed himself from a burden that could have led to prosecutions. However, some investors feel scammed. Some of them are threatening to sue, which is quite ironic considering they are usually the ones who believed in him the most. The problem is that all of these small investors have invested in cryptocurrencies and will be repaid in euros at the value of Ethereum (ETH) at the time of the investment. Meanwhile, ETH has risen dramatically ... Upvote 7 Downvote Share Share [deleted] • 2y ago [deleted] Affectionate_Art9314 OP • 2y ago • Edited 2y ago Dio 2/2 Q: It is also known that Bugatti is a company in crisis. Yet the Croatian media praise the prestige of the merger between Rimac, Bugatti and, in the background, Porsche. But is this the case? As far as I know, Porsche became the majority shareholder of the Bugatti Rimac group as a result of the merger of these two loss-making companies, Bugatti and Rimac Automobile, in which Porsche already owns 24%. One can only assume that Porsche and Volkswagen have some kind of intention. Perhaps it is about restoring the brand image after the advent of electric cars and the desire of some actors to move away from fossil fuels. Perhaps they see that Prime Minister Plenković welcomes Ursula Von Der Leyen and Emmanuel Macron with Mate Rimac, that the doors to the top of the state are open for him and that he is granted state aid. Maybe they saw that he easily received 200 million euros before the merger of the two companies, or maybe they just think that Mate Rimac, Q: Recently, you were the author of revelations about the rather strange granting of land to Mate Rimac. Initially picked up by Portal Novosti , the mainstream media have found nothing to say, except to justify what appears to be another problematic case ... To build a campus, Mate Rimac received 200,000 square meters of land, worth 82 million kuna, [approximately 10,900,000 euros] for 69 years, for 19,934.10 kunas [approximately 2650 euros] per year, i.e. less than one lipa per square meter / month. The 125,000 kuna paid for the drafting of the contract, compared with the rent, illustrates the absurdity of the situation. By way of comparison, companies close to Rimac pay 300 to 400 kuna / m². Local politicians explain these paltry amounts with a desire to see Mate Rimac invest in their municipality. This is a double victory for him, because at the same time the land serves him as a guarantee for obtaining loans from banks. Q: The minutes of the city councils are full of goodies of all kinds, from the HDZ councilor who broadcasts Rimac's threats to the mayor of Sveta Nedelja who recounts how, a few years ago, he spoke to Rimac about the land, before asking for the name of Rimac was deleted from the minutes ... There is no escape from the endless refrain of the "entrepreneur-job creator". It's a vicious circle: municipalities like Sveta Nedelja that are about to abolish local taxes, offer land and spend their resources to attract investors will push neighboring municipalities to do the same. The consequences will be devastating: on the one hand, public budgets will be devastated, cities will be in debt and infrastructure will be neglected; on the other hand, the owners of capital will benefit from financial means obtained almost free of charge under the pretext of being able to develop and create jobs. This is the same modus operandi used in tax havens. In the long run, this is unsustainable."@@maxbiagi3091
Where does all the money come from? The owner is only 36 years old... and his company is relatively new. And yet his company is bigger then Pagani which is on the game for nearly 30 years. I just wonder... i once saw his father had to pay a 680.000 dollar fine for something. I cant explain otherwise how a 36 year old with a new company build something this big and advanced AND has enough money to buy an Bugatti Chiron, and Porsche Carrera GT and other super and hypercars. i mean we dont speak about a couple millions here... the whole factory is a work of art and extremely advanced. Feels kinda odd in some way.
That´s what i was thinking the whole time. Don´t get me wrong, my parents are from former Yugoslavia, so i´m happy a guy from our region is so successful in his ventures. But you have to ask yourself, where is this money coming from. When completed, it will be bigger than even all of Porsche´s facilities combined. As far as i´ve seen they plan150 Neveras. Those are around 2 to 3 million each (not sure with or without taxes). So there´s an estimated revenue of 300 to 450, 500 million Dollars/Euros. Even with the new Bugatti they´ll get the same numbers or slightly more. With all the things Rimac is doing let´s say they gonna make around a billion in the next couple of years. After all costs the profit will be a lot less. Money to pay everything off and almost none to invest in new ideas/models/technology. This facility alone costs near a billion or even more. So he needs investors to grow this quick. Big time investors. Those however expect positive numbers. Understandably they also want to see a profit out of their investment. Each year should be better than the one before. And that is simply impossible to do. So what could happen is that said investors will exit the project. And then if the company´s not making any profit... well it can go sideways very, very fast. Like i said, i´m happy for Mate and his team but i´m also realistic.
"In 2015, it announced that it had built its first driverless car and, despite having claimed to have already produced it, it received € 200 million in aid for its development. As a final example, this summer he unveiled his new car, the Nevera, and claimed it had passed all world approvals. This turned out to be wrong once again. Last October the car was still undergoing European tests, the results of which are unknown to date. There are many announcements about production and innovations, but no patents are ever filed. Mate Rimac explains it's the patent filing process that can't keep up " he and his father use tax money and lies to make their money. @@td8552
And that's not all. In addition to Nevera, the "robotaxi" project is equally problematic. The state has invested 200 million euros of public money in a private company, which for Croatia is a colossal, not to say record, figure. The funds actually come from the European Stability Mechanism, which aims to help EU member states cope with the economic difficulties caused by Covid-19@@td8552
Lots of shady stuff comes out regularly in our media, self driving taxis that are Israeli technology in a Japanese car, claims of inhouse production which isn't actually and many more...all with receiving funds without delivering. Kinda like Elon Musk with being late on every new model and claiming sublime features delivering none
@@Evil-La-Poopa Wouldn´t surprise me. Just saw that apparently Mate has 3.6 billion as estimated net worth. In 12 years. In Croatia. On the Balkans. One of the most corrupt regions worldwide. Legally of course. With mainly electric cars in limited numbers. And electric bikes. Sure. Sure. I wonder who´s gonna believe this lol
The Campus is going to be breathtaking when completed!!! 😍
crazy! The prior one was already insane!
High end production facilities blow my mind.
I'm Impressed that you could have a guided tour over that amount of space, and your guide could remember every detail of each space! I wouldn't be able to find my way back to where I started! Impressive facility. Thanks for the tour 😊
My father would have loved to see this modern factory! As he was a civil engineer! But sadly he passed away 24 years ago! That was just stunning to see this complex and the design aspect of to too! That was mind blowing to see! Thank you to you Misha Charoudin and please thank the folks that allowed you to see it too! I cannot wait to see it all! Bravo! 👏👏👏👏👏👏👏👏👏👏👏👌
The most amazing things about such buildings are not the buildings themselves, but the processes that will be set up in them. So, hope for new episode in theses series next year.
One more thing - it's interesting to see how "big guy" gives an opportunity to "small guy" and treats him as an equal (building correct relationship with employees). And then "small guy" becomes big himself and, based on established trusting relationship, repays the “big guy” with “free” advertising. Everyone wins.
This rarely happens from my personnel experience. You have to get really lucky to be in that situation.
Insane! This will look so amazing when it’s finished. The Campus is massive and everything looks so clean. What a growth! Can’t wait for the 2025 video!
I had been waiting for this video since yesterday one, I hope you make another Factory Tour for 2025!
he said... 20MW for Facility and "20MW for something else"!???!... but also 6MW solar panels to...O.K. OMG! Mama mia!! I love this project!
Rimac is really something else, so cool!
Except they don't want to pay much for their employees...
Nice video. Cool to see such a huge project in development
im sitting here watching the video i say to myself "Thats insane" 50 times over. I'd love to come work there, i saldy live in Canada.
Breathtaking🤯
This is very good. The size is whacking and deviates from the Croatian standards. Back in the day during Yugoslavia, we had some of the best running production systems and used to sell first-class final products to as far away as the USA and Japan, however, it was dismantled by corruption and money laundering on an unprecedented scale after 1990s. It's now 30 years past, and with campuses like this one we can only forge ahead. Sending you a shoutout from Slavonia! I'm a young pursuing ICT engineer who one day may consider working here in Rimac Tech.
Wow wow wow this is to much Bugatti Rimac candy today ...first Top Gear now Misha2 💥💥✌️😎
It's absolutely amazing that Rimac has been able to do this in such a short time. Will be interesting to see what output they can achieve with such an impressive factory.
They are already talking of the third and forth campus. This one will be mainly for R&D and hypercar production . Only battery production for the new line of BMW cars will probably take most of the available space here. If they become supplier for high volume VW cars they will need much more space.
As someone who works in manufacturing, this looks like its going to be an incredible place to work.
This was great 👌
Update please Mr. Misha ⚡
Amazing!
Beautiful!
A bit less "waving around" of the camera wouldn't hurt though...
Thats MONSTER project 🤯🤯🤯 I hope Mate dont take a so much "piece of cake" with this dream. This must spend houndreds milions €💶
400 million € if I'm not mistaken
Good video
Congrats Misha @NLS2🎉❤
th-cam.com/video/cUNjhJbGBoI/w-d-xo.html
-Do you have a CNC machine in your flat?
-No, I have a flat in my CNC machine.
Ah, 21:37 - perfect video length ;]
Some Poles as we can see 😏 (polska gurom)
Amazing :)
12:51 like an actual Kindergarten? Like a place where employees can leave their kids? Or something else that has the same name?
Sounds like it is. It's a growing trend with high tech campuses.
Yes, it is exactly that.
I will be interested on doing a factory tour surely ❤
This will be the best turbo folk club in the region.
The size is unbelievable for a car Brand that sells very expensive and exclusive vehicles
th-cam.com/video/cUNjhJbGBoI/w-d-xo.html
Regarding sheep as business asset. I don't remember where exactly, but the sheep were used as "automated bio-lawnmowers" to remove flora around solar panel farm (so that the grass did not shade the panels). Mate just has to put one solat panel in that field and done deal.
@17:04 typical balkan workers listening to folk balkan music 😂
Thanks for the video. A significant investment for sure, but we must remember Rimac are an engineering company and do a lot of work for others, plus no doubt they will make cheaper cars too, Rimac and Bugatti coming for Ferrari and Lambo?
Seems to me not enough emphasis is put on research and development. I thought Rimac company was based on that. I would love to hear more about it. Specially regarding new types of batteries.
When is the campus due to be completed?
Uskoro, ako već nije
@@saff3356 ok ali kako nema nigdje niko obavestenje ili nesto slicno o tome?
@@nebojsalav4545 pročitao sam na nekom od hrvatskih portala
@@nebojsalav4545zasto mislis da bi tribalo vas obavijestit??
Misha, Is Meggi from Makarska?
Yes
@@mgcharoudin2 Croatia is my fave holiday destination. I have Croatian friends in Makarska. All musicians. Meggi might know the band.....REZERVE. Also I miss the bar in the old town called Rockatansky. Its changed
Can I be the sheppard???
Rimac if he is smart and it is ...may produce some nasty Drones for civil and military use
i would not wonder. somehow the money for all this stuff seems a bit odd.
the company is new and hes 36 years old. yet his company is already bigger and more advanced then Paganis company while he builds more and more stuff and buys hypercars for himself.
i dont trust any EVs, sorry.
I think they primary bussines are EV industry. Like batteries and complete 800V architecture for another car brand's (like Audi, Porsche, Kia, Hyundai etc etc )
"Mate Rimac is a young entrepreneur who likes to present himself as an innovator who, starting from the family garage, managed to reach the heights of the automotive industry and is now admired by powerful people like Emmanuel Macron or Ursula Von Der Leyen. In fact, he follows in the footsteps of Zuckerberg, Gates or Musk, those so-called geniuses whose dark sides are often ignored by mainstream media.
Q: So isn't he really a self-made man who started out of nowhere?
No. His father is Ivan Rimac, a tycoon close to the HDZ. He was sentenced to four years in prison for embezzlement in the Sibinj affair. Germany issued a warrant for his arrest for tax fraud through Interpol. He also spent a few months in pre-trial detention in Serbia.
Of course, children do not have to pay the blame for their parents' crimes. However, in the Rimac Automobil project, father and son are inseparable. The father lent money - which the son then returned to the last penny - but above all the father's position and networks opened the doors of the highest institutions to his son, such as the State Bank for Reconstruction and Development, which granted at the then 23-year-old Rimac a soft loan.
From 2014 to 2017, Ivan Rimac was formally involved in the project, including in its legal structure, where he held the position of chairman of the supervisory board. Also, as can be seen from the minutes of the Sveta Nedelja city council, where his name is mentioned, he used his connections within the HDZ to ensure that his son was quickly assigned a plot of land to building a campus.
Q: What does the Rimac company produce, whose success everyone, starting with the Croatian government, praises?
It is difficult to say what Mate Rimac actually produces due to the many contradictory statements in the media, to which he often returns saying that it has been misunderstood. However, his income, which amounts to 150-200 million kuna, is actually quite modest, even considering the relatively small context of the Croatian economy.
If one compares the advertised prices of his cars with his real income, it is clear that most of his income comes from the sale of components to other companies, which makes the colossal resources that the state allocates to him absurd.
Rimac's appeal lies not in its ability to produce, but in its ability to promise, which does not fundamentally distinguish it from other large companies. In other words, Rimac lies and lies often. Its sales manager, Krešo Čorić, had announced in 2018 that all 150 Concept Two produced had been sold, which Mate Rimac later denied, explaining that it was a misunderstanding ... Then he declared himself that they were 88 units were initially produced, of which ten would have been sold in 2011, but it later emerged that only 8 Concept Ones had been made. And that's not all. In 2014, he announced the construction of the first electric yachts with a cruising range of three hours, the manufacture of a "jet ski" that floats above the water,
In 2015, it announced that it had built its first driverless car and, despite having claimed to have already produced it, it received € 200 million in aid for its development. As a final example, this summer he unveiled his new car, the Nevera, and claimed it had passed all world approvals. This turned out to be wrong once again. Last October the car was still undergoing European tests, the results of which are unknown to date. There are many announcements about production and innovations, but no patents are ever filed. Mate Rimac explains it's the patent filing process that can't keep up ...
Q: What do you think of your two most recent projects, the Nevera, one of the fastest cars in the world, and the 'robotaxis' which, according to Mate Rimac, should be the first autonomous vehicle in the world?
The Nevera is not a finished product because there is no homologation. In terms of development it has been largely exceeded, which would not be a problem if the state had not allocated 52 million kuna. Originally, the project was to be completed in three years, but due to the pandemic, an extra year was granted, until June 30, 2021. But in July, three weeks after the deadline, another extension was requested! With the same excuses: the homologation conditions made less simple due to the pandemic.
And that's not all. In addition to Nevera, the "robotaxi" project is equally problematic. The state has invested 200 million euros of public money in a private company, which for Croatia is a colossal, not to say record, figure. The funds actually come from the European Stability Mechanism, which aims to help EU member states cope with the economic difficulties caused by Covid-19. According to official statements from Project 3 Mobility doo, a newly established company, Mate Rimac promises to develop a level 5 electric vehicle, that is, driven by artificial intelligence and capable of driving without human intervention using cameras and sensors. The project involves the deployment of 700 vehicles that would form the taxi fleet in Zagreb. The project is literally unfeasible,
Q: Rimac is not just cars. There are also electric bicycles: Greyp Bikes. Greyp Bikes was launched in 2019 and potential buyers were offered the opportunity to invest in the company by purchasing "tokens" through the start-up Neufund, which was recently approved by the Liechtenstein regulator ... Can you tell us about more on this?
It turns out that all of this is absolutely illegal. To justify what is happening to small investors, the CEO of Greyp Bikes recently explained that the European framework that regulates “tokenization” is too rigid. Neufund, the company through which the tokenization took place, then announced the closure because they weren't sure if everything was legal ...
In fact, what is actually a somersault is presented as the consequence of the rigidity and slowness of the legislator ... In concrete terms, Mate Rimac has freed himself from a burden that could have led to prosecutions. However, some investors feel scammed. Some of them are threatening to sue, which is quite ironic considering they are usually the ones who believed in him the most. The problem is that all of these small investors have invested in cryptocurrencies and will be repaid in euros at the value of Ethereum (ETH) at the time of the investment. Meanwhile, ETH has risen dramatically ...
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Affectionate_Art9314
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Edited 2y ago
Dio 2/2
Q: It is also known that Bugatti is a company in crisis. Yet the Croatian media praise the prestige of the merger between Rimac, Bugatti and, in the background, Porsche. But is this the case?
As far as I know, Porsche became the majority shareholder of the Bugatti Rimac group as a result of the merger of these two loss-making companies, Bugatti and Rimac Automobile, in which Porsche already owns 24%. One can only assume that Porsche and Volkswagen have some kind of intention. Perhaps it is about restoring the brand image after the advent of electric cars and the desire of some actors to move away from fossil fuels. Perhaps they see that Prime Minister Plenković welcomes Ursula Von Der Leyen and Emmanuel Macron with Mate Rimac, that the doors to the top of the state are open for him and that he is granted state aid. Maybe they saw that he easily received 200 million euros before the merger of the two companies, or maybe they just think that Mate Rimac,
Q: Recently, you were the author of revelations about the rather strange granting of land to Mate Rimac. Initially picked up by Portal Novosti , the mainstream media have found nothing to say, except to justify what appears to be another problematic case ...
To build a campus, Mate Rimac received 200,000 square meters of land, worth 82 million kuna, [approximately 10,900,000 euros] for 69 years, for 19,934.10 kunas [approximately 2650 euros] per year, i.e. less than one lipa per square meter / month. The 125,000 kuna paid for the drafting of the contract, compared with the rent, illustrates the absurdity of the situation. By way of comparison, companies close to Rimac pay 300 to 400 kuna / m². Local politicians explain these paltry amounts with a desire to see Mate Rimac invest in their municipality. This is a double victory for him, because at the same time the land serves him as a guarantee for obtaining loans from banks.
Q: The minutes of the city councils are full of goodies of all kinds, from the HDZ councilor who broadcasts Rimac's threats to the mayor of Sveta Nedelja who recounts how, a few years ago, he spoke to Rimac about the land, before asking for the name of Rimac was deleted from the minutes ...
There is no escape from the endless refrain of the "entrepreneur-job creator". It's a vicious circle: municipalities like Sveta Nedelja that are about to abolish local taxes, offer land and spend their resources to attract investors will push neighboring municipalities to do the same. The consequences will be devastating: on the one hand, public budgets will be devastated, cities will be in debt and infrastructure will be neglected; on the other hand, the owners of capital will benefit from financial means obtained almost free of charge under the pretext of being able to develop and create jobs. This is the same modus operandi used in tax havens. In the long run, this is unsustainable."@@maxbiagi3091
Where does all the money come from?
The owner is only 36 years old... and his company is relatively new.
And yet his company is bigger then Pagani which is on the game for nearly 30 years.
I just wonder... i once saw his father had to pay a 680.000 dollar fine for something.
I cant explain otherwise how a 36 year old with a new company build something this big and advanced AND has enough money to buy an Bugatti Chiron, and Porsche Carrera GT and other super and hypercars.
i mean we dont speak about a couple millions here... the whole factory is a work of art and extremely advanced. Feels kinda odd in some way.
That´s what i was thinking the whole time. Don´t get me wrong, my parents are from former Yugoslavia, so i´m happy a guy from our region is so successful in his ventures.
But you have to ask yourself, where is this money coming from. When completed, it will be bigger than even all of Porsche´s facilities combined.
As far as i´ve seen they plan150 Neveras. Those are around 2 to 3 million each (not sure with or without taxes). So there´s an estimated revenue of 300 to 450, 500 million Dollars/Euros. Even with the new Bugatti they´ll get the same numbers or slightly more.
With all the things Rimac is doing let´s say they gonna make around a billion in the next couple of years. After all costs the profit will be a lot less. Money to pay everything off and almost none to invest in new ideas/models/technology.
This facility alone costs near a billion or even more. So he needs investors to grow this quick. Big time investors. Those however expect positive numbers. Understandably they also want to see a profit out of their investment. Each year should be better than the one before. And that is simply impossible to do. So what could happen is that said investors will exit the project.
And then if the company´s not making any profit... well it can go sideways very, very fast.
Like i said, i´m happy for Mate and his team but i´m also realistic.
"In 2015, it announced that it had built its first driverless car and, despite having claimed to have already produced it, it received € 200 million in aid for its development. As a final example, this summer he unveiled his new car, the Nevera, and claimed it had passed all world approvals. This turned out to be wrong once again. Last October the car was still undergoing European tests, the results of which are unknown to date. There are many announcements about production and innovations, but no patents are ever filed. Mate Rimac explains it's the patent filing process that can't keep up " he and his father use tax money and lies to make their money. @@td8552
And that's not all. In addition to Nevera, the "robotaxi" project is equally problematic. The state has invested 200 million euros of public money in a private company, which for Croatia is a colossal, not to say record, figure. The funds actually come from the European Stability Mechanism, which aims to help EU member states cope with the economic difficulties caused by Covid-19@@td8552
Lots of shady stuff comes out regularly in our media, self driving taxis that are Israeli technology in a Japanese car, claims of inhouse production which isn't actually and many more...all with receiving funds without delivering. Kinda like Elon Musk with being late on every new model and claiming sublime features delivering none
@@Evil-La-Poopa Wouldn´t surprise me. Just saw that apparently Mate has 3.6 billion as estimated net worth. In 12 years. In Croatia. On the Balkans. One of the most corrupt regions worldwide. Legally of course. With mainly electric cars in limited numbers. And electric bikes. Sure. Sure. I wonder who´s gonna believe this lol
who is goin to buy those expensive 2M RIMAC supercars ? most of rich people already bought them 😅
That’s a tiny part of their business, more a marketing and R&D demonstrator that you can buy.
Is this sponsored video?
I respect Mate, but is always funny to hear how he started from a garage, that "garage" is 5 car garage in few milion euro mansion of his parents :)
Idiot, please show us what you can create from your garage.
like Martin said, good video
Return the EU funds for the robotaxi. Thx
He should return the funds where ?
🙄
Jos jedan klasicni panglu