Sitemap

Radomir Miljuš, Director, Šinvoz, Zrenjanin

Šinvoz Conquers New Markets

A lack of continuity in investments on the domestic market led Šinvoz to turn towards foreign partners. Long-term contracts provide this enterprise with operational continuity and stability, and as of recently it has also begun supplying parts for the auto industry (BMW and Rolls Royce…)

After two decades of stagnation and decline, Zrenjanin based company Šinvoz finally regained its feet. It now bids farewell to 2017, which saw the company celebrate its 130th birthday, with positive business results, new contracts and increased volumes of work. In constant search of experts and skilled labour, this company also hopes to increase its number of employees.

Šinvoz stagnated and decayed for 20 years, but you have resurrected it from the ashes. How did you succeed?

– We restructured in 2009 and mapped out the direction of development. We saw that we couldn’t rely solely on the domestic market, so we turned towards foreign partners. We signed long-term contracts that provide stability for our operations over a longer period.

We had to completely renew the factory, to restore it to the level of 20 years ago. Half a million euros has been invested each year, and we have permanently invested resources in staff training and the certification of the process in the factory.

You have conquered new markets and signed important new contracts. What would you highlight?

– We signed a ten-year contract with Vossloh Kiepe, for which we are making air-conditioning units for railway vehicles, and an eight-year contract with multinational company Bombardier to deliver cabins and roofs for trains. Cooperation with these companies is tied down, with a tendency to constantly increase the scope and type of services.

We are still working for railway companies in Serbia and railways in the region.

Do equipment and the expertise of staff create problems when it comes to meeting customer demands?

– Equipment is not a problem – there is money for that and it is renewed as required, following the latest technologies. Two years ago, with the financial support of the owner of our factory, Nebojša Ivković, we adapted part of the plant covering 2,500 square metres and bought new machines and equipment, but we lack expert personnel.

We have a constantly open application contest for mechanical and electrical engineers, locksmiths, welders, electricians, electronics experts, CNC machine operators etc. We offer them all safe employment and opportunities for additional education

We have a constantly open application contest for mechanical and electrical engineers, locksmiths, welders, electricians, electronics experts, CNC machine operators etc. The response is very poor, while the quality requirements are very rigorous, so every new employee goes through additional training and education.

How are you ending this jubilee 130th year for your company?

– We will finish it with positive business results. Profits won’t be huge, because this year we invested significant funds in procuring machines and equipment, educating personnel and arranging infrastructure, but that will improve our operations in the years ahead. We are aware that there is no progress without development.

And what kind of plans do you have?

– We are partly involved in work for the auto industry, so, for instance, we became a supplier of parts for BMW, Rolls Royce… We plan to expand production capacities, build new halls, acquire new machines and new equipment, invest in personnel and certification. We don’t fear the future.

More...

Dušica Gaković, Project Lead, Deka Inženjering [engineering]

We’ll Revive The City

Deka Inženjering is a company that's been operating on our market for nearly 10 years and is currently building more than 250,000 square metres...

Milan Lučić, Director Of The Serbian Business Registers Agency

We Ease Business Operations

Over the previous years, the Serbian Business Registers Agency (SBRA) has been continuously introducing numerous new electronic services for businesses and other customers. With...

Bogdan Gecić, Gecić Law & Terri Pepper Gavulic, TerraLex

TerraLex & Gecić Law Reconnecting A Pandemic Stricken World

Gecić Law aspires to be the foremost innovative law firm by building long-term relationships with clients based on reciprocity, trust and highest standards of...

Sonja and Nataša Vrkatić, owners of the Verkat Winery

Verkat Wine Oasis

Verkat is a small family winery located in the village of Čerević, on the northern side of Mount Fruška Gora, in the close proximity...

News

Richard Grenell: Serbia-Kosovo Agreement Results From Trump’s Different Brand Of Diplomacy

President Aleksandar Vučić of Serbia and Prime Minister Avdullah Hoti of Kosovo took an enormous step toward a long-term...

Agreement On Normalisation Of Economic Relations Between Belgrade And Pristina Signed

President of Serbia Aleksandar Vucic and Prime Minister of the Provisional Institutions of Kosovo Avdullah Hoti signed an Agreement...

Symbols Of Belgrade Lit In Colors Of The Polish Flag

On the occasion of marking the 40th anniversary of the founding of the "Solidarity" movement, Branko's Bridge, the Bridge...

Montenegro Election: First Projections Point To A Tight Race

In Montenegro, the ruling DPS was nearly neck-and-neck with its main rivals, according to early and incomplete projections of...

Gorenje To Hire 600 Temp Workers Due To Surge In Orders

Slovenian home appliance manufacturer Gorenje is hiring some 600 temporary workers to cope with a record number of orders....

Agreement On Normalisation Of Economic Relations Between Belgrade And Pristina Signed

President of Serbia Aleksandar Vucic and Prime Minister of the Provisional Institutions of Kosovo Avdullah Hoti signed an Agreement...

Montenegro Election: First Projections Point To A Tight Race

In Montenegro, the ruling DPS was nearly neck-and-neck with its main rivals, according to early and incomplete projections of...

EU Awards One Million EUR In Grants For COVID Recovery In Tourism Sector

“#EUzaTebe – For Cultural Heritage and Tourism” project has awarded one million euros for 120 projects aimed at supporting...

UNDP And Embassy Of Slovakia Present Feasibility Study On Use Of Thermosolar Energy

The Mayor of Belgrade, Zoran Radojičić, met with the Ambassador of Slovakia to Serbia, H.E. Fedor Rosocha and Resident...

The EU Does Not Recognize Belarus Election Results

Members of the European Council held a video conference, at which they discussed the situation after the presidential elections...