Webo Maribor, d.o.o., is a company engaged in the sale of fire trucks and equipment for firefighters and rescuers. The group also includes Webo, d.o.o., and the manufacturing company Euro GV, d.o.o., employing approximately 50 staff members. In recent years, the company has increasingly focused on exports. The export share is currently 60%, with a target of reaching around 90% after 2020. The company’s products are present in Slovenia, Croatia, Kosovo, Bosnia and Herzegovina, Romania, Germany, Switzerland, Russia, Azerbaijan, China, the United Arab Emirates, Egypt, and the Democratic Republic of Congo.
“Our domestic and international business is largely acquired through public tenders; these public clients usually have payment terms of at least 30 days after delivery. Because such payment conditions and the risks associated with these projects were too great a challenge for our company, we decided to turn to SID Bank, which was happy to assist us.”
SID Bank provided the company with EUR 100,000 through SID Bank’s Development and Promotion Program for microfinancing the operations of small and medium-sized enterprises.
Uroš Predikaka, Director: “SID Bank has significantly contributed to achieving our company’s goals by financing working capital and material inventories, and especially through credit insurance for export preparation.”
Uroš Predikaka, Director: “With the services provided by SID Bank, we have been able to secure international business more easily. Our receivables have become safer, we have obtained more competitive terms from commercial banks, increased the number of employees, and raised value added per employee. We have also expanded the number of countries where our products are present.”
“With the services provided by SID Bank, we have been able to secure international business more easily. Our receivables have become safer, we have obtained more competitive terms from commercial banks, increased the number of employees, and raised value added per employee.”
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