Šipad was the largest Bosnian producer and manufacturer of wood and lumber products and

furniture Furniture refers to movable objects intended to support various human activities such as seating (e.g., stools, chairs, and sofas), eating (tables), storing items, eating and/or working with an item, and sleeping (e.g., beds and hammocks). Fu ...

. The

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Co ...

was founded in 1892 by German industrialist Otto von Steinbeis in the Bosnian town of

Drvar Drvar (, ) is a town and municipality located in Canton 10 of the Federation of Bosnia and Herzegovina, an entity of Bosnia and Herzegovina. The 2013 census registered the municipality as having a population of 7,036. It is situated in western Bos ...

History

The company was known as the ''Bosnia Company'' until 1893, when von Steinbeis expanded and renamed it. After the

First World War World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fightin ...

, with the formation of the

Kingdom of Yugoslavia The Kingdom of Yugoslavia ( sh-Latn-Cyrl, separator=" / ", Kraljevina Jugoslavija, Краљевина Југославија; sl, Kraljevina Jugoslavija) was a state in Southeast Europe, Southeast and Central Europe that existed from 1918 unt ...

, it grew into one of the largest Bosnian industrial organizations. Between 1927 and 1937 Šipad exported 150,000 m3 of lumber annually. After the Second World War, with the formation of

socialist Socialism is a left-wing economic philosophy and movement encompassing a range of economic systems characterized by the dominance of social ownership of the means of production as opposed to private ownership. As a term, it describes the e ...

Yugoslavia Yugoslavia (; sh-Latn-Cyrl, separator=" / ", Jugoslavija, Југославија ; sl, Jugoslavija ; mk, Југославија ;; rup, Iugoslavia; hu, Jugoszlávia; rue, label=Pannonian Rusyn, Югославия, translit=Juhoslavija ...

, the local Bosnian authorities once again reformed Šipad into a publicly owned conglomerate in 1948. During the 1960s business was expanded into the fields of furniture and

joiner A joiner is an artisan and tradesperson who builds things by joining pieces of wood, particularly lighter and more ornamental work than that done by a carpenter, including furniture and the "fittings" of a house, ship, etc. Joiners may work in ...

y production. By the mid-1980s Šipad owned over 195 manufacturing and sales companies, 11 research institutions, with over 35 representative offices across

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...

and the

Middle East The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabian Peninsula, Arabia (including the Arabian Peninsula and Bahrain), Anatolia, Asia Minor (Asian part of Turkey except Hatay Pro ...

. During this period it owned 30% of all Yugoslav forests and had a 30% share of all wood and lumber exports from the country, with over 84,000 employees. With the conclusion of the

Bosnian war The Bosnian War ( sh, Rat u Bosni i Hercegovini / Рат у Босни и Херцеговини) was an international armed conflict that took place in Bosnia and Herzegovina between 1992 and 1995. The war is commonly seen as having started ...

in 1996, Šipad was reorganized into a co-partnership. During the following decade, Šipad struggled to reopen its Sarajevo headquarters.

References

External links

*
Sjećate Li Se ŠIPAD-A?
{{in lang, sr Furniture companies of Bosnia and Herzegovina Companies based in Sarajevo Conglomerate companies established in 1892 Brands of Bosnia and Herzegovina 1892 establishments in Austria-Hungary Renewable resource companies established in 1892