Vinex L.L.C. started the production on 1974 of fasteners in the former Yugoslavia, in Viti, Kosovo. The factory operated successfully for close to 40 years.The factory was privatized on 2006 when it started to produce the fasteners and in addition invested in the new program of hot galvanization. The company now counts around 40 full-time employees.The company conducted analysis of the market trend and adapted to the market demands.The factory currently operates not in fully capacity because of the need of investments.The company currently works on the lines of: production of fasteners to the profile M16x150 mm, hot dip galvanization, metal constructions [with order] and steel barriers for road.The company currently operates only with orders made by the customers.The factory currently operates in a space of 2,000 m2 and has assets [machinery] in the value of 2.5 million Euros. The demand of fasteners is very high however, because of the lack of investment and the production line being not complete makes it difficult fulfilling the market demand. Not fair competition of cheap products offered from China made the market operation even harder.The company is seeking for a foreign co-investor and partner to expand the market in the Region and Europe as the name of Vinex has a great reputation in the market of fasteners. Market demand only for fasteners in the Region countries is 20 million per month which would allow Vinex being a serious competitor in this market. Investment required in completing the production lines of screws and bolts and a new production line for the metal constructions are in the amount of 2 million Euros.
The PSI Program financed by the Dutch Government is a gold opportunity for businesses such as Vinex and interested foreign companies to make profit.We are very interested in cooperating with an international partner as we want to utilize the capacities and the possibilities the factory has. In conclusion, Kosovo offers great opportunities for foreign investments and especially for joint domestic/foreign investments. The program the risk is low while the chances for having a successful business are very high. Kosovo is in the developing phase and the interest in foreign investments is very high; moreover, the current production possibilities will make the company number one in the region. industry and furniture industry. All these products are protected professionally as Vinex invested in the new program like the hot galvanization. Most of our products are special parts manufactured according to specifications requested by customers according to EN standards (ISO).
Vinex guarantees to the clients high quality and adherence to delivery deadlines. Our objective is to provide quality products that fully meet our customers’ demands and regulatory requirements and provide profitability for the investment of the company share holders. Through the implementation of quality management system according to ISO 9001:2008, we have met the customer requirements, products and services, shareholders, employees and society. Currently we have competition locally in Kosovo and cheap imported products however, the reputation and the capacity of Vinex is incomparable with the competition in the country or the region. In addition, during the former times of Yugoslavia, Vinex had sale market in Europe and Asia.