Production Plastics Croatia Financing Distribution Automation Capacity

Investment & Fund Management

European Investment Fund Partner

Full Credential Description

Founded in 2009, Tomaplast is a small family business located in Me?imurje, Croatia, specializing in the production of injection plastics for the bed industry. The company faced challenges in enhancing its quality management and production capabilities while maintaining environmental standards. In 2016, Tomaplast achieved ISO certifications for both its quality and environmental management systems, reflecting its commitment to continuous improvement.

In 2017, Tomaplast relocated to new production facilities in Prelog, strategically positioned near a major highway crossroad, which improved its distribution capabilities across Europe. To further enhance its production capacity, the company sought financing through a loan from PBZ bank, which was guaranteed by the European Investment Fund (EIF) under the EU’s Investment Plan for Europe. This funding facilitated the acquisition of a Battenfeld machine, significantly increasing production capacity and quality. According to CEO Tomislav Kova?ic, the new machine was crucial for securing new orders and clients, enhancing the company's competitiveness in the market.

The investment also allowed Tomaplast to produce larger and heavier products while achieving a notable reduction in energy consumption. Additionally, the company implemented new automatic loaders for raw materials, which improved production efficiency and minimized human error. With these advancements, Tomaplast has expanded its client base beyond Croatia and Slovenia to include countries like Italy and Hungary. The company is committed to ongoing investments in automation and plans to install another high-end machine to support the development of new products and further growth.