86 years of tradition

So it began.

SHAREHOLDERS' ESTABLISHING MEETING WAS HELD ON FEBRUARY 7, 1921.
ENTRY INTO TRADE REGISTER FOLLOWED ON FEBRUARY 19^th, 1921.
STOCK CAPITAL WAS SET AT 50.000.000 CROWNS OR 125.000 SHARES: Share value was 400 crowns.

The founders were:

• Prva Hrvatska štedionica in Zagreb (The First Croatian Savings Bank)
• Slavonija d.d. za industriju drva u Brodu (Wood Industry)
• Slavonsko trgovačko društvo ugljena Kaufmann i drugovi u Brodu na Savi (Kaufmann and Co. Coal Trade in Brod on Sava)
• Tvornica za strojeve i željezničku opremu Kistarcs-e (Machine and Railway Equipment)
• Jugoslavenska banka d.d. u Osijeku

On March 5th, 1921, agreement was reached with Town Magistrate of Brod on Sava freeing The First Yugoslav Factory of Wagons, Machines and Bridges d.d. Brod on Sava from all town levies and contributions till March 5th, 1941.

The scope of works of the Factory included: construction and repair of wagons and locomotives, railway bridges and bridge constructions, fabrication of machinery and diverse transportation gear and equipment, raising and improvement of accompanying industrial branches, taking over of manufacture of equipment for railways, running of its own railway lines and joint management with other companies and similar.

Andrija Kiraly was nominated for general manager of the company, while Mavro Donath was appointed for operating manager. CONSTRUCTION OF FACTORY PREMISES STARTED ON MAY 7^th, 1921 AND IT WAS FINISHED IN FEBRUARY 1922.

The factory started with manufacture (repair of wagons) in June 1922. In 1923, it employed 1200 workers.

THE FIRST TO BE REMEMBERED ...

• 1926 over river Tisa near Titel
• 1926 the first freight car produced
• 1926 the first steam boiler produced
• 1928 the first tram for town of Belgrade produced
• 1930 the first tanks for chemical and processing industry produced and assembled
• 1930 the first bridge to Greece exported
• 1935 the first bridge crane of our own design produced
• 1935 the first locomotive for normal railway gauge manufactured
• 1938 the first motor train for railway Sarajevo - Mostar manufactured

The factory suffered significant material damages during bombardment on April 11th, 1941 when it temporarily interrupted its work.

The number of employed from 1941. - 1945 moved around 900 and 1900 workers and employees. In 1947 company changed its name into Đuro Đaković Industrija lokomotiva, strojeva i mostova Slavonski Brod, and in 1961 company's name was changed into: Đuro Đaković Industrija šinskih vozila, industrijskih i energetskih postrojenja i čeličnih konstrukcija Slavonski Brod. From 1945 until 1947, renewal of war-damaged objects was finished. Parallel with renovation activities on repair of wagons, locomotives and construction of new railway facilities was carried out. At the end of 1945, the factory employed 1330 workers. Since 1952, there were 2500 workers and officials, and at that time, the first export deal of 410 wagons for Turkish Railways was realized. 208 locomotives out of the existing programs were produced for domestic railways in the period 1952/53. In 1952, the contract with the company Babcock Wilcox on business and technical cooperation was concluded. In 1955 the first 20 HP Diesel locomotives was produced, and in 1956, 50 and 100 HP diesel locomotives were manufactured, while in 1957 a total number of 223 locomotives of 180 HP were manufactured for industrial purposes. At the end of fifties production of different boiler plants from 1 to 400 tons steam per hour was included in production program. At the end of fifties production of different boiler plants from 1 to 400 tons steam per hour was included in production program. The number of employed from 1941. - 1945 moved around 900 and 1900 workers and employees.

In 1947 company changed its name into Đuro Đaković Industrija lokomotiva, strojeva i mostova Slavonski Brod, and in 1961 company's name was changed into: Đuro Đaković Industrija šinskih vozila, industrijskih i energetskih postrojenja i čeličnih konstrukcija Slavonski Brod. From 1945 until 1947, renewal of war-damaged objects was finished. Parallel with renovation activities on repair of wagons, locomotives and construction of new railway facilities was carried out.

At the end of 1945, the factory employed 1330 workers. Since 1952, there were 2500 workers and officials, and at that time, the first export deal of 410 wagons for Turkish Railways was realized. 208 locomotives out of the existing programs were produced for domestic railways in the period 1952/53. In 1952, the contract with the company Babcock Wilcox on business and technical cooperation was concluded. In 1955 the first 20 HP Diesel locomotives was produced, and in 1956, 50 and 100 HP diesel locomotives were manufactured, while in 1957 a total number of 223 locomotives of 180 HP were manufactured for industrial purposes. At the end of fifties production of different boiler plants from 1 to 400 tons steam per hour was included in production program.

At the end of fifties production of different boiler plants from 1 to 400 tons steam per hour was included in production program.

In 1964 Đuro Đaković employed 4520 workers. These days Đuro Đaković expands its production program with equipment for oil processing and chemical industry.

"Study as you work course" was established at the Faculty of Mechanical Engineering and Naval Architecture of Zagreb in Slavonski Brod. Nowadays it is the Faculty of Mechanical Engineering in Slavonski Brod. In 1969 Đuro Đaković built 6877 new freight cars, out of which 4243 wagons were exported.

It also produced 153 diesel locomotives, and besides of that also 12 sets of motor trains for narrow gauge railways.

In the same period, Đuro Đaković was engaged in reconstruction of the existing and construction of new sugar factories and new cement factories in inland and abroad.

In 1969 Đuro Đaković became the world largest manufacturer of Steambloc boilers. In that period 60.000 tons of steel structures, mainly bridges were produced and 200.000 tons of our own and foreign steel structure were assembled, out of which 48 bridges in inland and abroad. Within the framework of delivery of complete industrial plants and steel structures, especially Iron Works Skopje, Smederevo, Zenica and Sisak, and significant number of cranes, portal and harbour bridges were realized.

In the same period, new products were acquired, such as:

• Diesel electric locomotive 1882 HP in cooperation with General Motors (USA)
• Waporax and Thermopac boiler programs in cooperation with Wanson (Belgium)
• Joint venture with Teddington Bellows (Great Britain) for production of multilayer pipe bellows.

With signing of contract for construction of NPP Krško - Đuro Đaković joined in construction of nuclear power plants. With company Energoinvest Sarajevo 1976 Đuro Đaković started delivery of components for the primary circle of the nuclear power plants.

In 1977 RO Inženjering for design and production engineering was founded.

From 1970 until 1981 sugar factories in Virovitica and sugar factory Bijeljina were built, and with company Krupp Polysius, cement factories Kosjerić, Beočin and Dalmacijacement and the export projects: cement factory in Alexandria and cement factory in Homs realized. With company Babcock the power plant NEKA Iran, 4 x 440 MW was completed.

In the same period premises of Tvornica kompenzatora ( pipe bellows), production and business premises of Montaža and Elektromont for production of heavy equipment, production capacities for cranes, energy plants, IRC (computer centre) and Institute for scientific research were built.

1980 the renovated building of the former gymnasium was opened for the requirements of the Faculty of Mechanical Engineering on the Square of Marshall Tito, nowadays Square of Ivana Brlić Mažuranić.

1981.agreement on future cooperation between University in Osijek and the High Technical School in Bremen was signed.

New programs are being introduced, so that ĐĐ Elektromont acquires the production program of vending and gambling machines, and ĐĐ bešavne boce (seamless cylinders) starts with production of steel cylinders. In 1982 serial production of harvesters in ĐĐ Tvornica poljoprivrednih strojeva i uređaja in Županja according to technology of company Deutz Fahr was started.

ĐĐ Specijalna vozila began in 1983 new program of production of battle tank M-84. ĐĐ Tvornica vozila produced wagon cisterns 110 m3 for transport of liquefied gas. Construction of nuclear power plant Krško was finished and delivery of MPC circle (collectors and pipe work) for NPP RBMK in USSR until disaster in NPP Černobil 1986 was continued. ĐĐ Inženjering realized construction of sugar factories in Šabac and Požarevac and TE - TO (Thermal and Heat Plant) Ljubljana. Also construction of PP Plomin II 200 MW was started with company Sulzer from Switzerland.

ZET Zagreb, GSP Osijek and GSP Belgrade signed Agreement on Joint Development of Trams, where in perspective also Đuro Đaković had to be included. Delivery of equipment for earth gas processing in INA - Molve was contracted, and delivery of spherical tanks for petrochemical industry in Iraq. Delivery of 214 battle tanks M-84 for Kuwait was contracted and partly realized.

In 1986 Đuro Đaković employed in total 16.339 workers.

Shareholders' establishing meeting of Đuro Đaković Holding d.d. was held on January 31st, 1991. The founders were Hrvatski fond za razvoj (Croatian Development Fund, Hrvatsko željezničko poduzeće d.o.o. (Croatian Railways d.o.o) and Složeno poduzeće Đuro Đaković (Compound enterprise Đuro Đaković )

With decision of the Management Board of ĐĐ Holding from October 26, 1993 the company changed its organizational form and became stock corporation company.

Companies within the Group act independently.

For the customer INA (Earth Gas Processing Plant MOLVE) the first fractionating column 240 tons was delivered - the heaviest product ever manufactured in Đuro Đaković.

From 1991 until 1995 production of several types of weapons and military equipment for Croatian Army was developed and realized.

ĐĐ Montaža d.d. took part in sanitation or construction of new steel bridges. Among the most significant are: bridge on river Drava at Osijek, bridge on Sava in Županja - Orašje, bridge over Sava, Slavonski Brod - Bosanski Brod. At the same time equipment for cement factory in Lebanon and continuous employment of up to 300 workers in Germany were realized in cooperation with companies Babcock and Polysius.

ĐĐ Termoenergetska postrojenja d.d. and ĐĐ Monaža d.d. built TE-TO Zagreb West in cooperation with ĐĐ Inženjering, and finished construction of the PP Plomin II. In the same time, companies in the ownership of ĐĐ Holding d.d. were certified in accordance with ISO 9000, and jointly with RW TUV, company RW TUV Croatia was established.