Fitek Balkan becomes majority stakeholder of personalized printing and enveloping company Tehnobiro. The deal was finalized on July 6. As a result, Fitek Balkan Ltd will own 51% of the stake and thus become the majority owner of Tehnobiro.
“Tehnobiro is an important player on the mailing market in Serbia. We agreed to join forces to lead the technological transformation of the mailing business. We will offer advanced IT solutions for sending invoices, account statements and other documents, as well as digitize the financial processes of Tehnobiro customers.
Tehnobiro will also take over a part of Fitek’s printing operations to optimize production flows and reduce our printing costs,” says Mirko Golijanin, Managing Director of Fitek Serbia.
Mr. Zoran Milovanović, founder and former owner, will remain the Director of Tehnobiro for at least 3 years.
Founded in 1995, Tehnobiro closely specializes in personalized printing and enveloping of documents.
By investing in production equipment, Tehnobiro has managed to complete the printing process and the company now has the capacity to carry out offset printing, digital printing, variable printing, and document envelope, which allows them to perform independently, without subcontractors. Tehnobiro’s customer segments include banks, insurance companies, voluntary pension funds, mailing and utility companies, lottery and oil companies. Today, Tehnobiro mainly specializes in personalization of documents, offset printing, enveloping of multiple documents, direct marketing, mailing service and lottery tickets. Tehnobiro is located in Belgrade and employs 17 people.
- Address: 14, Varvarinska street, 11000 Belgrade
- Tel: +381 11 744 2078
- E-mail: email@example.com
- Press contact: Nemanja Branković, firstname.lastname@example.org