SIBO GROUP Packaging development and Production LTD

Today ŠIBO d.o.o., Škofja Loka is one of the fastest growing companies with about 8.2 million DEM invested over the last five years, an increase of 270% in sales and 1,091% in exports. In 1995 the company had 27 employees and today it employs 86 people. The company's fast growth has enabled it to increase its exports from 370,000 DEM in 1995 to 4,367,000 DEM in 2000. The company regularly exports to 17 countries. In the first three months of 2001 the company has already made investments worth 0.9 million DEM, showing continued commitment to growth. In 1995 the company decided to develop two technical and technological areas of production. One segment is self-sealing containers for the pharmaceutical industry, involving very demanding and clean production. All criteria set by Slovenia's two largest pharmaceutical companies, KRKA d.d. and LEK d.d. have been met opening the way to selling packaging for medicines. Another kind of closure is caps for all kinds of tubes. With its in-house development and complicated tooling, the company has entered world markets in self-sealing packaging. Last year alone we designed and made 29 different tools, the smallest being a cluster of 6 tools for producing 8.3 million pieces a year and the biggest a cluster of 64 tools to produce 90 million pieces a year. The other production segment is thermoplastic injection moulding requiring know-how in the car and electrical industries. We specialise in the collector industry where our largest local buyer is Kolektor Idrija. The know-how we have acquired over the last ten years has enabled us to become a direct supplier to SIEMENS. To achieve our goals we must increase our co-operation with the educational institutions, first of all with Faculty of Mechanical and Electrical engineering at both Slovenian universities and acquire young researchers as well as encourage further education of our existing employees.