Simpo a.d.
BBELEX:SMPOV525.00
RSD
0.00
(0.00%)
ISIN
RSSMPOE17860
Return %
Stock
S&P 500
1Y
0.00
14.20
3Y
0.00
81.12
5Y
0.00
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Sladan Disic
- Sector
- Consumer durables
- Industry
- Home furnishings
- Address
- Vranje Serbia
- IPO Date
- Jan 31, 2022
- Website
- simpo.rs
- Similar Companies
- Business
- Simpo a.d. is a Serbia-based furniture manufacturing and interior furnishing company that designs, manufactures, distributes, and retails residential furniture, commercial furnishings, and industrial components. Founded in 1963 and headquartered in Vranje, Serbia, the company operates vertically integrated production facilities across southern Serbia and manages a proprietary retail salon network alongside an international contract engineering division. The company operates through several core business segments and product categories, providing living room collections, including upholstered leather and fabric suites, corner sectionals, armchairs, sofa beds, coffee tables, and media consoles; dining room programs, including dining tables, upholstered chairs, sideboards, and display cabinets; bedroom sets, comprising standard and upholstered beds, sliding and hinged wardrobes, dressers, nightstands, and mirrors; children and youth room furnishings, including modular bunk beds, desks, and shelving units; hallway furniture, comprising coat racks, shoe cabinets, and entryway storage units; and sleep systems marketed under the SIMPOSAN brand, featuring pocket spring, bonnell spring, and memory foam mattresses, slatted bases, mattress toppers, and bedding accessories. In addition to finished furniture, Simpo manufactures industrial intermediate materials, including polyurethane flexible foam, non-woven textiles, upholstery fabrics, and wooden frames, alongside wood-processing operations producing hardboard, plywood, and sawn timber. Through its specialized Simpo Line division, the company delivers turnkey interior engineering, custom architectural millwork, and contract furnishing services for hotels, resorts, commercial offices, and educational facilities internationally. Simpo also operates hospitality assets, including the Hotel Simpo Pržar in Vranje. The company distributes its products across Serbia and exports to regional and European markets, including Montenegro, Bosnia and Herzegovina, North Macedonia, Croatia, Switzerland, Germany, Austria, Greece, and Ireland. In recent developments, Simpo has been advancing operational restructuring and non-core asset rationalization under its Pre-Packaged Reorganization Plan (UPPR) under majority state-ownership governance. Strategically, the company completed capital investments to reconstruct and modernize its production facilities in Bujanovac, recommissioning upgraded manufacturing units for polyurethane foam and non-woven textiles to bolster supply-chain integration and expand B2B sales. Additionally, Simpo has advanced its digital transformation strategy by upgrading its online retail platform and refreshing its modular residential furniture collections to strengthen retail competitiveness and contract furnishing delivery across domestic and European markets.