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Carthago

. . . mit Carthago in die Zukunft

Herzlich Willkommen!

CASE: Carthago Proizvodnja avtodomov d.o.o.

• Total planned investment: 3.032.000,00 Eur

• State subsidy funds: 1.217.000,00 Eur

• Nr. Of new employment: 150

• Production of Chic C line model

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Die Chic Familie

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Odranci, Slovenia = Carthago’s 3rd production site

• To increase the market share by creating production capacities for a new compact product line

• one of few, increasing output during recession

• Reduction of manufacturing costs

• Access to a large pool of highly skilled and educated manpower

• Benefit on local community support

• Potential for further development

• high manpower potential

• available land

Goals and benefits for Carthago

Investment implementation

• Challenges:– Fulfillment of the obligation to employ 150 persons in 3

years after receiving the subsidy (as the result of late start with production)

• Support– National cost sharing grant scheme – Ministry of the

Economy– Local community support– Regional development agency Mura– Employment service Murska Sobota

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• Preparation of the project (CARTHAGO’s case: 1 year)

• Selection of highly motivated initial employees

• Preparation and training of employees

• 25 employees were trained at the HQ, Germany

• Surveillance and support for employees in the first days of their start-up

• Selection of the employees to follow

• criteria: experience and labor discipline

Important elements for successful launch

Present stand of operation

• Production of 700 vehicles planned for 2010

• 35 % of total production output of Carthago Group

• 150 employees reached

• Enlargement in planning phase

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189 199 256 297 386 551 670 7961030 1100

1400

60

462

700

-300

200

700

1200

1700

2200

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Increasing production / output tendency

units per week

0

2

4

6

8

10

12

14

16

18

200

8/3

20

8/3

40

8/3

60

8/3

80

8/4

00

8/4

20

8/4

40

8/4

60

8/4

80

9/3

09

/50

9/7

09

/90

9/1

10

9/1

30

9/1

50

9/1

70

9/1

90

9/2

10

9/2

30

9/2

50

9/2

70

9/2

90

9/3

10

9/3

30

9/3

70

9/3

90

9/4

10

9/4

30

9/4

50

9/4

70

9/4

90

9/5

11

0/3

10

/51

0/7

10

/91

0/1

11

0/1

31

0/1

51

0/1

71

0/1

91

0/2

11

0/2

31

0/2

51

0/2

71

0/2

9

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Local Payroll

Employment Carthago Slovenia

0

20

40

60

80

100

120

140

160

180

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Payroll – CARTHAGO Group

Today the Carthago Group has more than 430 employees at 3 sites

0

50

100

150

200

250

300

350

400

450

500

1979 1982 1994 2004 2009 2010

Mitarbeiter

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• 150 new employments

• Development of sub-contracting activity in the region

• Higher added value: product development done by local engineers

• Synergies with the local community

Benefits for the Pomurje region

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• Total planned investment: 2.800.000,00 Eur

• Building

• Equipment, machines

• State subsidy: 30%

• Carthago will run on two calls for grant funds exploiting

• the new Law of POMURJE:

• Employment subvention, tax exemption

• foreign investment incentives

• State co-financing

What’s next?

Project 2 = Second investment project – new vehicle modelGoal: to double again the production capacity

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• Increase the output rhythm to 24 vehicles a week by the end of 2010

• Increase the production rhythm to 45 by 2012

• Increase total employment on 260

Project 2: objectives