December 10, 2019 – The leading Croatian car parts seller Tokić was recognised on the London Stock Exchange as one of the Future Shapers, organisations which “shape the future, thanks to their transformational innovations and international expansion”.
The strong innovative processes and the highest standards implemented into the everyday business are what got Tokić the prestigious title of “Future Shaper”. This is the first one for a Croatian company, reflecting the business strategy in a company that has undergone a serious transformation in a remarkably short time. In two years they have increased their income by 48% and the number of employees by 45%, which required a shift in the internal structure as well.
Tokić was one of 320 European companies taking part in the strictly structured ELITE program by the London Stock Exchange. Recently it was put on the list of top 50 Future Shapers, the companies that shape the market’s future, transform the industry through innovation by achieving remarkable business results and financial growth.
”The digital era in which we live has enabled us to open ourselves to innovation – both in terms of products and in terms of business processes. In Tokić, we were enthusiastic enough about our core business and curious enough to see what can be achieved using technology in what we love and know how to do. We put together a team of experienced and talented people on all levels; they are now the foundation of our business and one of the key cogs that put us into the elite group of Future Shapers,” Ivan Gadže, Tokić CEO told tportal.
”Our ramified business network was a challenge when it came to implementing change – implementation of the new structure of management of people and processes. At the same time the constant contact with our buyers on the field, hearing how they feel about technologies, what types of services they expect, how we can solve their problems in the digital era, that is what was the main force behind this turn.” Gadže concludes.
The ELITE program brings together companies from different business sectors, which share innovation, opening up to new technologies and markets as well as implementing significant changes in their business. The London Stock Exchange explains that Tokić too ‘shapes the future thanks to their transformational innovations and international expansion.’
Today Tokić is the leading Croatian company dedicated to the innovative technologies in the car parts industry, the biggest sales chain of the car parts in Croatia, and authorised importer and distributor for over 230 of the world’s leading producers of parts for all types of personal and cargo vehicles. In their 30 years, they’ve grown from a family business into a regional leader, and their logistics and distribution centre in Sesvete is on the same level as the leading European companies in the car industry.
They also opened the Tokić Education Centre, expanding their business into the education sphere. Today they provide highly sophisticated education and upgrades to the existing knowledge and skills in the areas of car mechanics and car electrics. That also makes them the first company bringing the new dimension into the vocational education, using the modern European standards in the vocational specialisation of workshops and educational institutions. It’s still a company owned 100% by the family, they employ over 600 employees in over 110 stores throughout Croatia, offering over 200,000 different items by the well-known producers and brands.
Read more about successful Croatian businesses on TCN.