Short background of Company development

Founding of the company started in 1945, when the workers peasants cooperative “Boris Kidric” was founded; in 1960 it was united with the cooperative “Hmeljar” into an agricultural company “Petrovec” Inc. with about 260 employees on 700ha of land. At the end of 1977, the working organization “15.October” Inc. was formed and it included “Petrovec” Inc. too.
This organization fell apart in 1990 and “Petrovec” Inc. united with the collective farm “Roljnik” while the shareholding company was formed in 1.January, 1991.
After giving the land back (the Law about giving the land back to former owners) the company changes its managing policy:
- its own production has been intensified (hops, corn seeds, onion bulbs, bell pepper, paprika, etc.)
- cooperation with united farmers (a farmers’ cooperative started with its work) in Backi Petrovac, Kisac, Pivnice, and the surroundings.
- development of retail trade (6 retail trade shops)
- bakery products