Đuro Đaković (Company) History and Milestones

Đuro Đaković, a company with a rich history, was founded in 1856 in Slavonski Brod, Croatia. The company started as a small workshop and has since grown into a leading industrial group.

It began with a simple metalworking shop, but quickly expanded to produce a wide range of products, including machinery, equipment, and other industrial goods.

The company's early success can be attributed to its innovative approach and commitment to quality, which has remained a core value to this day.

Đuro Đaković Holding d.d. is the central operating company, with its stocks listed at the Zagreb Stock Exchange.

The Croatian state holds a majority stake in the company, with 72% of the shares under its control since 2007.

ĐĐ Specijalna vozila is responsible for manufacturing armoured vehicles, including the M-84D tank and the Patria AMV 8x8.

Their product range also includes mine clearing vehicles and rail freight wagons.

ĐĐ Inženjering handles the design and management of large-scale metal structure construction projects.

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This includes structures for power plants, petrochemical industry facilities, and industrial plants.

ĐĐ Proizvodnja opreme manufactures large-scale metal structures for power and industrial plants.

Their expertise includes rotary kiln and mill structures for the cement industry and pressure vessels.

ĐĐ Strojna obrada produces a variety of products, including rail vehicle wheelsets and mechanical transmission components.

Their product range also includes oil well equipment and slewing rings for tanks and windmills.

ĐĐ Energetika i infrastruktura provides energy utility services to the industrial complex of Đuro Đaković.

These services include compressed air, natural gas, water, waste management, telephone services, heat, and electricity.

The Slobodna zona Đuro Đaković Slavonski Brod is a designated area within the Đuro Đaković industrial zone.

This area is designed to encourage new business developments, with reduced customs, tax, and rates.

Đuro Đaković has a rich history of manufacturing rolling stock, including diesel locomotives and railcars.

The company built over 150 units of JZ 642 and JZ 643 Bo'Bo' locomotives between 1961 and 1977, in collaboration with Brissonneau and Lotz.

Đuro Đaković also manufactured diesel hydraulic shunters, specifically the JZ 732 and JZ 733 models, with a total of 165 units produced from the late 1960s onwards.

In more recent times, the company has expanded its product line to include the manufacture of freight rail carriages, such as the Tagnpps 95 model, with an agreement signed in November 2023 to produce 23.8 million euro worth of these carriages.

Đuro Đaković has a rich history of manufacturing rolling stock, including diesel locomotives, passenger railcars, and freight rail carriages.

The company has produced over 150 units of JZ 642 and JZ 643 Bo'Bo' locomotives, built in collaboration with Brissonneau and Lotz, between 1961 and 1977.

In addition to locomotives, Đuro Đaković also built diesel hydraulic shunters, with a total of 165 units produced from the late 1960s onwards.

The company's license-built passenger railcars have also been a notable contribution to the industry.

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Here's a list of some of the notable rail vehicles manufactured by Đuro Đaković:

In recent years, Đuro Đaković has continued to expand its rolling stock offerings, with the company signing an agreement in November 2023 to manufacture Tagnpps 95 freight rail carriages worth 23.8 million euro.

Djuro Djakovic Special Vehicles (DDSV) has a long history of producing military vehicles, including the M-84 tank, which was created in the 1980s as a local version of the Russian T-72.

The company has also produced the LOV-1, the first indigenous APC, during the Croatian war of independence.

One notable project is the refurbishment of Bradley Fighting Vehicles for the Croatian army, which involves an overhaul of the vehicles' drive train, installation of new weapons systems and armament, painting, and inspection.

In 2023, up to 149 M-84AB tanks were sent to the Djuro Djakovic factory from Kuwait for refurbishment and repairs.

Their product range includes the M-95 Degman, a prototype Croatian Main Battle Tank developed from the M-84 based on experimental M-91 Vihor.

The company also modernizes T-72 tanks, and manufactures rocket launcher and mine sweeping machines, such as the Đuro Đaković RL 150 Wheeled Loader.

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Đuro Đaković has a clear and well-defined company structure. The central operating company is Đuro Đaković Holding d.d., which has stocks listed at the Zagreb Stock Exchange.

The majority stakeholder is the Croatian state, with a 72% shareholding as of 2012. This level of state control has remained consistent since 2007.

The company is composed of seven subsidiaries, each with its own unique area of expertise. These subsidiaries include ĐĐ Specijalna vozila, ĐĐ Inženjering, ĐĐ Proizvodnja opreme, ĐĐ Strojna obrada, ĐĐ Energetika i infrastruktura, and the Slobodna zona Đuro Đaković Slavonski Brod.

Here is a brief overview of the main subsidiaries:

The Đuro Đaković Group is a complex entity with multiple companies under its umbrella. The central operating company is Đuro Đaković Holding d.d., which has stocks listed at the Zagreb Stock Exchange.

As of 2012, the group is composed of seven companies, including ĐĐ Specijalna vozila, which manufacturers armoured vehicles and rail freight wagons. ĐĐ Specijalna vozila is also responsible for producing the M-84D tank and the Patria AMV 8x8.

ĐĐ Inženjering undertakes design and management of large scale metal structure construction, including structures for power plants and the petrochemical industry. They also design and build bridges, cranes, and other industrial plants.

ĐĐ Proizvodnja opreme manufactures large scale metal structures for power and industrial plants, including rotary kiln and mill structures for the cement industry. They also produce pressure vessels, heat exchanges, and reactors.

ĐĐ Strojna obrada manufactures rail vehicle wheelsets, locomotive frames, and mechanical transmission components for locomotives and other industries. They also produce oil well equipment and slewing rings for tanks and windmills.

ĐĐ Energetika i infrastruktura is an energy utility provider that services the industrial complex of Đuro Đaković. They provide compressed air, natural gas, water, waste, telephone, heat, and electricity.

The Slobodna zona Đuro Đaković Slavonski Brod is an area of the Đuro Đaković industrial zone in Slavonski Brod that is assigned to encourage new business developments. This area has reduced customs, tax, and rates to attract new businesses.

Here is a list of the group companies:

The Executive Committee of Duro Dakovic Grupa is responsible for overseeing the company's operations.

Marko Cosic is the Chief Executive Officer (CEO) of Duro Dakovic Grupa, and he is 44 years old.

Marijana Zubak is the General Counsel of the company, and she has been in this role since August 31, 2015.

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Đuro Đaković, a company listed on the Zagreb Stock Exchange, has been making waves in the equities market. Its stock, DDJH, was added to the Crobex on September 21.

The company's earnings reports show a significant improvement in its financial performance, with a notable increase in sales in certain regions. For instance, in 2024, foreign sales reached 107M, a substantial jump from 85.4M in 2023.

Đuro Đaković's geographical breakdown of sales reveals a mix of domestic and international markets. In 2024, Croatia accounted for 16.8M in sales, while foreign markets contributed 107M.

Here's a breakdown of the company's sales in different regions over the years:

Ðuro Ðakovic Grupa d.d. was added to Crobex on September 21.

Ðuro Ðakovic Grupa d.d. reported its earnings results for the second quarter and six months ended June 30, 2025, on July 30.

Ðuro Ðakovic Grupa d.d. has several group companies, including Duro Dakovic Industrijska Rjesenja dd and ÐURO ÐAKOVIC Energetika i infrastruktura doo.

The stock price of ÐURO ÐAKOVIC GRUPA D.D. increased by 7.89% in the last 5 days, and its market capitalization is $2.02 billion.

Here is a summary of the stock prices of some major companies:

The income statement of a company is a crucial financial document that provides a snapshot of its financial performance over a specific period. It's like a report card for the company's financial health.

For DDJH Stock, the income statement is closely tied to the stock market and equities. The company's performance is reflected in the stock market, making it a vital factor for investors.

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The income statement of DDJH Stock is influenced by the company's operations and sales data. Understanding the income statement requires a close look at the company's financials.

Here's a breakdown of the key components of the income statement for DDJH Stock:

These components work together to give a comprehensive picture of DDJH Stock's financial performance.

The geographical breakdown of sales for Duro Dakovic is quite interesting. In 2024, the company's foreign sales were 107 million.

The foreign sales have fluctuated over the years, ranging from 85.4 million in 2023 to 503 million in 2022. In contrast, the company's sales in Croatia have been steadily decreasing, from 63.36 million in 2020 to 16.8 million in 2024.

Here's a breakdown of the company's sales by region and year:

The company's sales in Croatia have decreased significantly, with a drop of 47.56 million from 2020 to 2024.

Đuro Đaković's history is marked by significant changes in ownership.

In 2022, a Czech company, DD ACQUISITION a.s., became the majority owner of Đuro Đaković Group and its subsidiaries, with a 81.90% stake.

This change in ownership has likely had a substantial impact on the company's operations and direction.

This period marked a significant shift in Đuro Đaković's role in Croatian history.

The company made a significant contribution to the Croatian War of Independence from 1991 to 1995 through the development, production, and supply of weapons, tools, and ammunition for the needs of the Croatian military.

In September 2022, a significant change occurred in the ownership of Đuro Đaković Group and its subsidiaries. A Czech company called DD ACQUISITION a.s. became the majority owner, holding 81.90% of the shares.

This acquisition was a result of a partnership between CE Industries and Promet Group, who founded DD ACQUISITION a.s. The takeover marked a major shift in the company's ownership structure.

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