A Slavonian Company is the Largest European Producer of Veneer

Total Croatia News

The Decospan Mato Furnir company exports to 15 EU countries, Canada and Bosnia&Herzegovina, with a constant annual growth of business results of 8 do 10 percent

The Decospan Mato Furnir company based in Oprisavci near Slavonski Brod is the largest European producer of jointed veneer and veneer plates. In only eight years their income has more than doubled, as Večernji List reports on June 19, 2016. They ended the last year with 15.7 million Euro income, producing 8.7 million square metres of jointed veneer, exported to fifteen EU countries, Canada and Bosnia&Herzegovina. A witness to the quality of their work is the fact that for the last three years, among thousands of companies, they have been at the top of the list for the FINA award “Golden Balance” in the category of most successful entrepreneurs in the processing industry, while the County Chamber of Commerce awarded them the “Golden Kuna” award in the medium business category.

“The Golden Balance is not awarded to companies with the largest income, but those that are most profitable and efficient, making best use of their resources and capacities. I believe this is a good sign that we are optimally using all our options regarding raw materials and productivity, rising to a level that guarantees competitiveness of our product in the market,” says director Mato Vladić.

The Oprisavci company was founded in 2006 under the name Drvni Centar. They began their base business of jointed veneer a year later. At the time they had 106 employees who worked in a rented space. In line witht he business strategy, they joined forces with a Belgian partner who also buys 30% of their products, became part of a group and started building their own plant. Today they have a constant growth of business results of 8 do 10 percent per year.

“The structure of our production is divided in three directions. Besides our partner in the panel industry, for whom we make veneer panels, the second direction is the IKEA furniture factory, while the third is everyone else. The markets are completely separate and we maintain a balance in case any of them fail, having the option to orientate to the other that’s growing,” Vladić states. Decospan employs 239 people today in two shifts, with over 95% of production aimed for export.

They got through the crisis by investing in new technologies and increasing capacity and productivity, while announcing new investments and expansion of the export markets.

“The quality of our service is most important. Thanks to that, we are able to keep all existing buyers, while find a new one each year. We continually invest in new machines and increase capacity, renovating at the same time the existing machines, having a huge advantage of being debt free for the last five years, using our own assets for investments,” Vladić concluded.

 

Subscribe to our newsletter

the fields marked with * are required
Email: *
First name:
Last name:
Gender: Male Female
Country:
Birthday:
Please don't insert text in the box below!

Leave a Comment