Business

Djuro Djakovic Contracts 190 Million Kuna Job for GATX Rail Europe

By 25 August 2022

August the 25th, 2022 - Croatia's Djuro Djakovic company has contracted a significant 190 million kuna job for a well known company - GATX Rail Europe, despite undergoing a transformation of sorts of its own.

As Poslovni Dnevnik writes, while waiting for the ownership transformation to be completed, Croatia's Djuro Djakovic still successfully manages to contract new jobs. The company has just contracted the construction of new Shimmns freight cars for GATX Rail Europe, the value of which stands at almost 190 million in total.

The production and delivery of wagons is planned for the first half of next year, and the Slavonski Brod-based group has pointed out that with this project, Djuro Djakovic group has confirmed its strategic orientation towards the development and production of wagons for special purpose and performance, with the use of new generation production equipment with which the company is rounding off its development and production processes in the meantime.

According to the Djuro Djakovic group's latest financial report for the first half of this year, the value of the previously contracted production of Shimmns freight wagons amounted to almost 150 million kuna, and the value of the Uacns wagons contracted with a Swiss client stood at approximately 94 million kuna. Their capacities have been filled for this year and the company is already preparing itself for new construction contracted for next year.

In addition to the transport segment, the Djuro Djakovic group has contracted jobs in the defense, energy and industry segments, and the total value of all jobs, before the latest contract, was a very impressive 310 million kuna in total.

From the communication heard from the company undergoing a transformation so far, the production of wagons will be a priority in the further development of this well known industrialist from Slavonski Brod with the new majority owner, the company DD Acquisition, owned by Czech investors Rene Matera and Jaroslav Strnad, who will soon recapitalise the company.

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