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MEGA INРTУEБRРVИIEКWА
(photo: Еconomy and Business)
hall and equipment. Before we speak of small segment of production. There were
the investment in particular, how did Bra- favorable conditions for starting, having in
ko story begin? mind that two large capacities, one in Ser-
bia and one in Bulgaria, which back then
K. Angjushev: Brako was a factory in were big producers of wire products, had
bankruptcy and a few people know that troubles and the market had some space
Brako didn’t even exist as a name, the offi- for Brako as well. We seized that space,
cial name was “Metal Industry Brakja Ko- quickly realized that we need to position
shulchevi”. Brako is an abbreviation from ourselves near a river and optimize the
the names “Bra” from “Brakja” and “Ko” transportation, hence, we made the facil-
from “Koshulchevi”, which was actually ity in Panchevo, due to the transport and
the brand of the product, i.e. the trailer. its costs and Brako started growing. To-
Brako was bankrupt for 9 years, with mas- day Brako is the biggest producer of wire
sive loans. We bought the factory in 2003 products in South East Europe, with some
– only its property, from the Agency for two and a half thousand tons per month.
Banks Rehabilitation. With Trgofer’s capi- We started new programs, such as medi-
tal and our commitments, in accordance cal furniture, a program that today makes
to the ownership of 50% to Brako and 50% a turnover of 5 million Euros on an an-
to Trgofer, we started to develop Brako. nual basis. This was followed by the tele-
We found the factory in a desperate state, communications equipment and poles,
everything that could be removed from it, containers, forklift equipment, hydro
was removed. We started to develop the power plants equipment and turbines and
wire program, where Brako had a very finally, truck parts. Several of the trucks
July-August 2016 19
