Tetragon doo is a company engaged in the production of PVA, dextrin, casein, and synthetic adhesives for the paper and sponge industry. Having cooperated with the world’s largest companies in this field our company was required to follow the latest mechanical engineering and standards (REACH, Food Contact, OEKO Tex, ISO …). Since the introduction of these environmental and security standards required large investments in laboratory equipment, employee education, technological process, and plants, Tetragon teamed up with the Innovation Fund, Faculty of Technology and Metallurgy, Faculty of Chemistry, Institute of Physics, Serbian Development Agency and the Development Fund. The company exports its products to 26 countries (Italy, USA, Greece, Turkey, Hungary, Poland, Ukraine, Croatia, Bulgaria, Slovenia, Bosnia and Herzegovina, Montenegro, Slovakia, Czech Republic, France …). Our key business partners are Drenik ND (Serbia), Mondi (Global), SHP Group (International), Vibac (International).
Year of establishment:
1992
Location:
Cacak
Founder and owner:
Slobodanka Markovic
Business information
| 2021 | 2015 | 2010 | 2005 | |
|---|---|---|---|---|
| Full-time employees | 19 | 13 | 12 | 4 |
| Turnover (EUR) | 2.5 m | 856,000 | 590,000 | 176,000 |
| Export (EUR) | 871,000 | 193,000 | 70,000 | 31,000 |
PRODUCTS/SERVICES
COMPANY DEVELOPMENT AND ENTREPRENEURIAL STORY
Slobodanka Markovic, founded Tetragon in 1992. The company began producing dextrin adhesives and casein glues. The company “Knjaz Milos” imported label adhesives, and due to the sanctions at the time, an opportunity for small producers arose on the market. After the development of the local market and the opening of foreign markets, the first export followed. The key moment in the business was establishing partnerships with the companies Drenik ND(Serbia) and Mondi group, which operate internationally. Tetragon had received the status of category A European supplier and having acquired ownership of the SEAF Impact Fund, begun the construction of new production facilities with expanded production capacity. The biggest challenges in the market were the competitors operating globally. The company motto is “Aiming for Mars, but making it to the Moon is also a victory”, so naturally, Tetragon entered the global market. In that global competition game, Tetragon scored extremely high in R&D, which represents its greatest advantage. The quality of the product and business flexibility are the foundation of the company’s positioning in the market.
CONTRIBUTION TO SUSTAINABLE DEVELOPMENT GOALS
The salaries of Tetragon employees are 28% higher than the average salary in the chemical industry, 54% higher than the average salary in Cacak, and 21% more than the average salary in the Republic of Serbia. The company employs 56% of workers with a university degree. Engineers present 28% of the collective. Workforce fluctuation is negligible. The company follows students throughout their studies and offers the best among them a chance for employment. Tetragon educates these students and produces high-quality staff who are, knowledge-wise, in the same rank as personnel of the developed European countries. Tetragon provides the opportunity for young people, to stay in their country and live a dignified life. They do this by giving their employees high salaries as well as professional education. For many years Tetragon has been making donations to the health system in Cacak, donating to the Cacak Hospital and the Health Center in Cacak. Tetragon was founded by Slobodanka Markovic, and women participate in the collective with 44%. The average salary of women is 12% higher than the average men’s salary. Mechanical engineering has greatly accelerated over the last 10 years and it is Tetragon’s imperative to follow this acceleration in order to be current in the market. Investments in the laboratory and staff education are necessary in order to achieve global competitiveness. We can boast of 27 innovative types of glue last year. Tetragon meets REACH regulations for chemical control. Four years ago, Tetragon employed a certified chemicals consultant. We have also succeeded in replacing solvents with water glues in the sponge industry.
