On the Pelješac Bridge, Montaža is working on the steel structure

The new management of Đuro Đaković Montaža from Slavonski Brod has presented significant projects in the domestic and international markets that will employ its capacities in the upcoming period, including participation in the construction project of the Pelješac Bridge, which has been entrusted to a domestic consortium, and Montaža will be working on the steel structure.

Montaža is a subcontractor in this project, which is valued at approximately 1.9 billion kuna. Since the steel part of the bridge accounts for half, around one billion kuna, this is a huge job for us, said the CEO of Montaža, Vlatko Blekić, at a press conference, adding that he expects the contract to be signed in the coming days or weeks. Among other larger projects in the domestic market, he announced participation in the renovation of refineries in Rijeka and Sisak, as well as the continuation of cooperation with HEP and Ina. The permanent orientation towards the international market, where they generate 60 percent of their revenue, was commented on by board member Stjepan Sverić, announcing more jobs – the start of the overhaul of the Krško Nuclear Power Plant at the beginning of October, and the opening of a branch in Finland, where they will work on a nuclear power plant.

The opening of a branch in Hungary is also in preparation, where Montaža is expected to work with a German company on the reconstruction of a cement plant. He emphasized continuity in the German market, where they have been present for fifty years, and since last year they have their own business premises, as well as efforts for a constant presence in the Austrian market. CFO Darko Katić stated that he estimates the company will achieve revenue of 460 million kuna this year and a profit after tax of around six million kuna. In response to journalists’ inquiries, the leading figures of Montaža stated that their recent private decision to sell their ownership stakes to the German group “Bilfinger Berger” was made to accelerate the privatization of the company, which is majority-owned by the Đuro Đaković Holding and the state. By purchasing ownership stakes from seven Montaža managers, Bilfinger Berger acquired 29.4 percent of the shares of this successful shipbuilding company. (H)