SIMPO

Last updated

SIMPO
Native name
СИМПО
Company type Joint-stock company
BELEX: SMPO
Industry Manufacturing
Founded13 November 2000;23 years ago (2000-11-13)(Current form)
1963;61 years ago (1963)(Founded)
Headquarters
Radnička 12, Vranje
,
Serbia
Key people
Slađan Disić (General director)
Products Furniture
RevenueIncrease2.svg €29.54 million (2022) [1]
Decrease Positive.svg(€10.15 million)(2022) [1]
Total assets Decrease2.svg €114.15 million (2022) [2]
Total equity Decrease2.svg €7.01 million (2022) [2]
OwnerDevelopment Fund (22.81%)
Government of Serbia (15.15%)
Beogradska Banka (13.58%)
Others
(as of 15 May 2024)
Number of employees
2,054 (2022)
Subsidiaries Subsidiaries
Website simpo.rs

SIMPO (full legal name: SIMPO a.d. Vranje) is a Serbian home furnishing manufacturer and retailer, with the headquarters located in Vranje.

Contents

History

Founded in 1963 as Sima Pogačarević furniture factory (named after a local fighter from World War II), the company was unsuccessful in its first four years, until in 1967, when Dragan Tomić was appointed as the new CEO. He began a period of growth and prosperity for the company, transforming a small company with 370 employees into one of the most successful Yugoslav companies.[ citation needed ]

In 1995, SIMPO sold its water-bottling company "Vlasinska voda" to Coca-Cola HBC for 20 million euros. [3]

During the 2010s, the company became unprofitable, which resulted in cutting the number of employees, from around 4,400 in 2013 to around 2,600 as of 2016. Also, in March 2015 a long-time general director Dragan Tomić, who stayed at the position from 1967 to 2015, was sacked from the position by the Government of Serbia due to poor results. [4] In February 2019, the company went into reorganization process that should last until 2024. [5]

In November 2020, the Government of Serbia announced that it will be seeking new owners of several large companies owned by the Government through the privatization process; among them being SIMPO. [6] As of 15 May 2024, the company is majority owned by the Government of Serbia and its dependent organizations.

Subsidiaries

SIMPO is the owner or minority shareholder in 12 companies in Serbia and also has the capital in the following companies outside of Serbia:

Name

The name SIMPO is a syllabic abbreviation from the original name and is usually spelled with all capital letters, but variants 'Simpo' and 'simpo' are common, too.

Activities

Simpo offers living room furniture (sofas, armchairs, tables, shelves etc.), storage furniture and decorative accessories, bedroom furniture and accessories (beds, rugs) as well as mattresses and bedding. Its product range also includes kitchen and dining room furniture and equipment and office furniture. The company also sells lighting and accessories for balconies and gardens. [7]

See also

Related Research Articles

<span class="mw-page-title-main">Mihajlo Pupin Institute</span> Serbian commercial and investment bank

Mihajlo Pupin Institute is an institute based in Belgrade, Serbia. It is named after Mihajlo Idvorski Pupin and is part of the University of Belgrade.

<span class="mw-page-title-main">Štark</span> Food and drink companies of Serbia

Štark is a food manufacturing company based in Belgrade, Serbia. The main products of the company include candies, biscuits and chocolates. One of its hallmark products is Najlepše Želje a chocolate bar that means "Best Wishes" in Serbian.

<span class="mw-page-title-main">Telekom Srbija</span> Serbian telecommunication company

Telekom Srbija a.d. Beograd is a Serbian state-owned telecommunications operator. It was founded in May 1997 as a joint-stock company, by spinning off the telecommunications business from PTT Srbija. In April 2015, Telekom Srbija started providing all services in Serbia under the mts brand.

<span class="mw-page-title-main">Serbian Railways</span> Serbian engineering company

Serbian Railways is a Serbian engineering and technical consulting company based in Belgrade, Serbia. In 2015, the Government of Serbia established three new companies which took over Serbian Railways' former jurisdictions: Srbijavoz, Srbija Kargo and Serbian Railways Infrastructure.

Srbijagas is the state-owned natural gas provider in Serbia with headquarters in Novi Sad.

<span class="mw-page-title-main">Imlek a.d.</span> Serbian food company based in Belgrade

Imlek a.d. is a Serbian food company based in Belgrade, Serbia. It is specialized in processing milk and produces dairy products.

<span class="mw-page-title-main">Lasta Beograd</span> Serbian transportation company

Lasta is a Serbian bus company headquartered in Belgrade, Serbia. It is part of the pan-European Eurolines network and operates bus coaches on a comprehensive network of routes throughout Serbia and Europe.

Swisslion Group is a Serbian multinational food and drinks manufacturer headquartered in Novi Sad. Its products are produced in its factories located in Croatia, North Macedonia, Serbia and Bosnia and Herzegovina.

<span class="mw-page-title-main">14. oktobar</span> Serbian manufacturer of heavy machinery and equipment

14. oktobar is a Serbian manufacturer of heavy machinery and equipment, headquartered in Kruševac, Serbia.

Energoprojekt holding is a Serbian construction company with headquarters in Belgrade, Serbia. Founded in 1951, it enters into the composition of BELEX15 and BELEXline, the two main indices of the Belgrade Stock Exchange.

Tarkett is a Serbian manufacture company with the headquarters in Bačka Palanka, Serbia. It is owned by the French company Tarkett, and it is specialized in floor coverings and flooring production. It is one of the most profitable companies and biggest exporter companies of Serbia.

Elixir Group is a Serbian agribusiness company. It is headquartered in Šabac, Serbia.

<span class="mw-page-title-main">Fabrika reznog alata</span> Serbian manufacturing company

Fabrika reznog alata is a Serbian tool manufacturing company, which is in bankruptcy procedure since October 2021. Its headquarters is in Čačak, Serbia. With around 480 employees as of 2020, it was one of the largest employers at the time in Čačak and Moravica District.

<span class="mw-page-title-main">PKB Corporation</span> Serbian agribusiness company

PKB Corporation is a Serbian agribusiness company. It is headquartered in Padinska Skela, Belgrade, Serbia.

Metalac a.d. is a Serbian manufacturing company based in Gornji Milanovac, Serbia. With around 2,000 employees, it is one of the largest companies in Moravica District.

<span class="mw-page-title-main">Victoria Group</span> Serbian holding company

Victoria Group is a Serbian holding company with the headquarters in Belgrade, Serbia. It is a majority owner by Netherlands-based ADM Europe. Victoria Group has a total of 15 companies within its holding, which performs a variety of services, mainly agribusiness and wholesale.

<span class="mw-page-title-main">Impol Seval</span> Serbian aluminum manufacturing company

Impol Seval is a Serbian aluminium manufacturing company headquartered in Sevojno, Užice, Serbia.

MPP Jedinstvo is a Serbian construction company headquartered in Sevojno, Užice, Serbia.

Yura Corporation is a Serbian cable and harnessing manufacturing company headquartered in Rača, Serbia. It is owned by the South Korean manufacturing company Yura Corporation.

Forma Ideale is a Serbian home furnishing manufacturer and retailer headquartered in Kragujevac, Serbia.

References

  1. 1 2 "КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2022) - Симпо". apr.gov.rs (in Serbian). Retrieved 15 May 2024.[ permanent dead link ]
  2. 1 2 "КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2022) - Симпо". apr.gov.rs (in Serbian). Retrieved 15 May 2024.[ permanent dead link ]
  3. ↑ R., V. (18 March 2015). "Rosa proslavila 10 godina u vlasništvu Koka-Kole". danas.rs (in Serbian). Retrieved 3 November 2019.
  4. ↑ Lakić, Suzana (24 May 2015). "Dragan Tomić: Država nije želela da ostanem u "Simpu"". blic.rs (in Serbian). Retrieved 14 November 2017.
  5. ↑ "Simpo IZLAZI iz UPPR-a: Ministarstvo ODBILO zainteresovane KUPCE". infovranjske.rs (in Serbian). 28 March 2024. Retrieved 15 May 2024.
  6. ↑ Vukašinović, Slađana (23 November 2020). "SAZNAJEMO Kreće privatizacija šest velikih državnih firmi, 6.000 RADNIKA ČEKA NOVOG VLASNIKA, a evo i ko je prvi na spisku". blic.rs (in Serbian). Retrieved 1 January 2022.
  7. ↑ "SIMPO ad - Fabrika namestaja - Vranje SIMPO - Fabrika namestaja - Vranje". www.simpo.rs. Retrieved 25 June 2022.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.