The company "Edvard Kardelj" from Karlovac is looking for an engineer-economist for the position of commercial manager ...
It is recommended that he has experience in mechanical engineering, and that he knows or speaks English, German or French. The salary is solid and the apartment is insured in a new building ...
Advertisement in "Vjesnik" July 1952.
In the early 1970s, Yugoturbina had major known financial and development difficulties. We will list the most important ones:
- Technologically complex production and unfinished investment to meet the needs of domestic and foreign markets.
- Impossibility of obtaining permanent working capital for the production of materials of appropriate quality and deadlines.
- Lack of long-term loans from commercial banks to lend to its customers.
- Constant shortage of foreign currency for the necessary procurement of imported materials and parts.
- Underdeveloped production of parts and materials from domestic industry.
- Underdeveloped sale of their products, processing of foreign markets, export and import.
Establishes development policy in the following directions:
- Organizes offer bureaus that process offers for the placement of engine and pump turbines with production.
- Develops export and import business functions.
- Organizes financing of operations with banks and funds.
- Develops programs of new products and components and provides funds for construction.
- Niederlasung was founded and it opened service works in Germany.
- Provides construction sites, projects and leads the organization of construction and supervision.
"Recently, two luxury, modern and fast buses with airplane seats, heating, radio and speakers were purchased in France. With these buses, the factory will transport highly qualified experts from Zagreb to Karlovac every day."
"Karlovački tjednik" ("Weekly") no. 4., 1954.
The name "Yugoturbina" was first mentioned in the local press on April 16, 1954 in "Karlovački tjednik" ("Karlovac weekly") no. 16 from that year. The "Edvard Kardelj" factory is no longer mentioned because the company changed its name.
"The construction of the first ship turbine with a capacity of 420 horsepower will soon be completed at the "Edvard Kardelj" factory in Karlovac.
Soon it will begin a production of 250-kilowatt backpressure turbines, which are now under design."
("Vjesnik", September 6, 1952)
Yugoturbina factory was founded with FNRJ government's decision year 07. 24. 1949. under the name "Edvard Kardelj" and was registrated at financial administration JNA in register military commercial enterprises in Beograd.
By decision of the Federal Executive Council 02. 06. 1954. the factory was separated from companies that produce for specific JNA needs.
By the decision of the People's Committee of Karlovac year 03. 31. 1954. the decision of the Workers' Council was accepted on factory name change from "Edvard Kardelj" to "Yugoturbina" - turbine and machine factory Karlovac.
The name of the factory was changed again by the decision of the Workers' Council year 05. 23. 1969. and the full name of the factory was "Yugoturbina" - factory of steam turbines, diesel engines and pumps Karlovac