Zoran Petrović, Director of Tebodin d.o.o.

We Make Ideas Work

Thanks to our major, long-term clients, as well as the trust that we have earned and our strong commitment to our work, we have managed to live through the crisis and survive on the investment-constricted Serbian market

Zoran Petrović, Director of Tebodin d.o.o.

The Serbian market has many comparative advantages that are not sufficiently exploited, such as numerous intergovernmental free trade and other agreements. There is a development potential here, but it just needs to be fully utilised. We should not forget the educated workforce that speaks foreign languages better than their regional counterparts and has a great desire to continue learning.

Which moments from your decade-long operations in Serbia do you consider crucial?

– The most important moment for Tebodin was when Knauf Insulation commissioned us to do our first project in Serbia. That’s when Tebodin decided to set up a company here. Up until that point, we only had companies in neighbouring countries. We did well and did not stop working even during the 2008 crisis, because we believed in the Serbian market. As it turns out, this was a good decision, because in 2012 we started working with Tigar Tyres on developing their projects.

This is still an ongoing engagement. At the same time, we entered the real estate segment, where we are currently working on one of the biggest commercial developments in Belgrade, ABLOK in New Belgrade. Thanks to our major, long-term clients and the quality of our work, we have managed to survive on the Serbian market, which is pretty constricted investment-wise.

Your company has grown the most over the last three years. Which factors contributed the most to that?

– Finding your very first client is the biggest problem, but when you find one and they trust you, you should do your best not to let them down. Doing our first job well is a great reference for other investors who are looking for a good and reliable partner. That’s how you let your work speak for itself and that’s how your business grows. We keep track of our clients’ development and we grow as they grow. Apart from quality, our commitment to our work is something that truly sets us apart from the competition.

We are a Dutch company that was acquired by Germany’s Bilfinger Group in 2012. Tebodin leverages the best of both worlds: drawing upon German discipline and precision, while at the same time harnessing Dutch entrepreneurship and pioneering spirit

What business principles applied in your mother company did you manage to use on the local market and establish as new standards in your business segment in Serbia?

– We are a Dutch company that was acquired by Germany’s Bilfinger Group in 2012. Tebodin leverages the best of both worlds: drawing upon German discipline and precision, while at the same time harnessing Dutch entrepreneurship and pioneering spirit. At the moment, the demands are clearer and more ambitious than ever before, and our company is doing its utmost to continue growing.

Our main focus continues to be developments for the private sector in the industrial and real estate markets. It is important that investors also see us as a reliable partner that can offer a full range of services in line with the best international standards of practice…

What are your plans for the decade ahead and what developments on the Serbian market could possibly influence them?

– We will continue to develop the industrial sector which is important for the creation of new jobs and the overall growth of the Serbian economy. Our goal is to double our turnover and employee base in the next decade.

We aim to strengthen our capacities in the engineering design services, which will complement our Project Management capabilities, fully taking care of the entire project lifecycle. We expect our company to continue developing in line with the Serbian economy.