Company Profile

of

Main company contact:

Tel.: +385 52 386 011; +385 52 386 943

Fax: +385 52 386 328
e-mail: info@tehnomont.hr
Website: www.tehnomont.hr
Business, Administrative & Contact Information
Business name: Tehnomont Shipyard Pula Ltd
Business type: Private company, member of Tehnomont Group
Company registration number: 3674240
Tax reference number: 36173983291
VAT number: 36173983291
Fax: +385 52 386 328
E-mail: info@tehnomont.hr
Physical address: Fizela 6, HR-52100 Pula, Croatia
Postal Address: P.O. box 111, HR-52100 Pula, Croatia

Introduction
Company History

TEHNOMONT SHIPYARD PULA Ltd is a company that has a long-standing tradition in

shipbuilding and ship repair industry. Founded in 1905, shipbuilding and metal industry
have been our main activities ever since, resulting in a high technological level of our
products, constructed by generations of our skilled workers, building a wide range of top
quality vessels. This contributed to the creation of a solid reputation that we are constantly
striving to increase and allows us to avail ourselves of valuable references.

What We Do

The core activity of the company is shipbuilding and ship repair of vessels of up to 80m in
length, as well as building of various metal constructions mainly associated with
shipbuilding. The main part of our production concerns shipbuilding of different types of
working ships and shipbuilding of sophisticated special purpose vessels made of
aluminium and steel characterised by top quality, low exploitation costs and long product
life, all customized to client requirements.

Strategy

Vision statement

TEHNOMONT SHIPYARD PULA Ltd creates added value by recognizing new business
opportunities and setting market trends, while at the same time recognizing the worth and
focusing on the enhancement of its human resources.

Mission statement

Our company is listed as the leading Croatian medium sized shipyard, but it must be
emphasised that we are the leading Croatian builder of aluminium vessels. Faced with a
fierce competition from Far East companies in the steel vessel shipbuilding sector, our
decision to engage in activities of construction of sophisticated aluminium vessels has
proved to have been the right one, and a timely one, and our goal is to follow and further
develop in this direction. All our future investments in material and human resources are
concentrated on the development of this concept, aiming to access the market segment
which revolves around the shipbuilding of aluminium working vessels of up to 80 m in
length.
Business goals & objectives
In the achievement of our strategy the following tasks have been defined, that at the same
time take into consideration the present and define the future of our company:

product quality improvement as a postulate of client satisfaction, by providing our
services in accordance with the latest technology and by applying the most actual
knowledge.

creation of a modern organisation simultaneously with strengthening of team work.

creating a stimulating working environment.

promotion of single creativity as a basis of business improvement.

promotion of the passion for success in all business aspects.

with quality, by keeping deadlines and prices, increase furthermore the company
reputation.

Business strategy

Our business strategy is focused on the development of building of various kinds (to the
extent to which this is possible) of special purpose vessels, in particular of aluminium, but
also of steel hulled ships, principally of offshore, patrol, fishing and other special purpose
vessels. The main objective is to achieve company development by respecting the
environment as much as possible.

Profit is our main goal, but our care for employee satisfaction and working conditions are
also our constant concern.

Economic intent
The basic economic intent of our company is making profit by mindful investments which
lead to increasing of our competitiveness on the target market. At the same time we are
taking care to secure a good working environment. Our goal for the next ten years is to
approach the results of worldwide leader shipyards of our size.

Business concept
Technical capacity & competence

Shipyard disposes of an area of 40.000 m2 . For the launching of the ships from 50 to 80
m we use double crane technology, and for the small and medium size vessels there are
two slipways with capacity of slipping up and lounching the vessels up to 50 m, in lenght
18 m in beam and up to 600 t of weight. Slipway area is covered with all necessary
infrastructure including the cranes. Covered area, workshops, covers about 3990 m2
providing cranes, machinery and all energetic infrastructure. Uncovered working areas are
settled among the coastal quay which is 200 m in lenght,and the sea depth beside is 4.5m.
You can observe the layout of the shipyard on the following graphics:

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Business Profile of Tehnomont Shipyard Pula ltd
 Photo has been taken before building of
the new production segmental production
workshop

DOUBLE CRANE LAUNCHING

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Business Profile of Tehnomont Shipyard Pula ltd
The professional improvement of the employees in our company is a constant process and
this enables us to accept task of designing and performing of most complicated projects.

CERTIFICATES

Production facilities, processes and employees are certificated:

• According to ISO 9001-2000 from BVQI
• For welding processes in shipbuilding, from CRS (Croatian Registry of Shipping)
• For shipbuilding in aluminium and steel according to BV (Bureau Veritas) rules
• For manufacturing of steel constructions according to norm DIN 18800 from SLV
München
• Mr.Milan Bičić in accordance to International Institute of Welding for International
Welding Engineer
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Business Profile of Tehnomont Shipyard Pula ltd
• Mr.Pliško Davor in accordance to International Institute of Welding for International
Welding Engineer
• Mr. Romeo Cetina in accordance to International Institute of Welding for International
Welding Engineer
• Mr.Živko Šošić in accordance to Europian Welding Federation for European Welding
Specialist
• Mr.Nenad Matana in accordance to International Welding Federation for International
Welding Specialist
• Mr.Zoran Milošević for Visual control in shipbuilding, for Ultrasonic and Penetrants
control in shipbuilding from Croatian Society for NDT
Quality assurance is supported through the departments of Technical preparation,
Technology, Quality Control department and quality Management System. From our
equipment providers we demand the same standards and we select them according to our
quality level. The main condition in the selection of equipment providers is that they have
to be authorized dealers that can assure worldwide after-sales services.

TECHNICAL EXPERTS PERSONELL

1. Alajbeg Bozo Bachelor deg. mech. eng experience in shipbuilding 30 years.

2. Baričev Ognjen Bachelor deg. mech. eng experience in shipbuilding 30 years.
3. Berc Đorđe Master degree mech. eng experience in shipbuilding 36 years.
4. Bičić Milan Master degree mech. eng experience in shipbuilding 15 years.
5. Brnić Miljenko, Master degree mech. eng experience in shipbuilding 37 years.
6. Bakiš Zdenko Master degree mech. eng experience in shipbuilding 14 years
7. Buntić Martina Master degree naval arc. experience in shipbuilding 5 years
8. Cetina Romeo Master degree mech. eng experience in shipbuilding 17 years.
9. Gavranovic Mato Master degree mech. eng experience in shipbuilding 32 years.
10. Ivančić Kristijan Master degree mech. eng experience in shipbuilding 12 years.
11. Kostešić Elvin Bachelor deg. naval eng experience in shipbuilding 14 years.
12. Marjanović Igor Master degree mech. eng experience in shipbuilding 5 years.
13. Matijasic Branko Bachelor deg. mech. eng experience in shipbuilding 25 years
14. Modrušan Dinko Bachelor deg. mech. eng experience in shipbuilding 23 years
15. Pliško Davor Master degree mech. eng experience in shipbuilding 5 years.
16. Velić Mate Bachelor degree mech. eng experience in shipbuilding 35 years

WELDING EXPERTS

The shipyard employs more than 200 certified welders, with certificates that enable most
complicated welding procedures of aluminium and steel, regardless of welding positions or
processes.

COMPANY TECHNICAL SCHEDULLE SETUP

PRODUCTION

The Shipbuilding and Ship-repairing Department performs the following activities:

• Production processing dept (servicing other tech dept.)

• Ship construction management
• Shipbuilding section
• Ship-repairing section
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Business Profile of Tehnomont Shipyard Pula ltd
The Heavy Constructions Department performs the following activities:
• Aluminium hull construction
• Steel hull construction
• Rudders manufacturing
• Production of heavy metal constructions

The Light Metal Constructions Department performs the following activities:

• Cutting of plates and profiles
• Manufacturing of ship equipment
• Manufacturing of light constructions for civil engineering
• Various plumbing, locksmith and pipe works

QUALITY CONTROL MANAGEMENT (2 employees)

Responsible for quality control under supervision of company management, deals with
activities for the whole company:
• Implementation of QCS ISO 9001-2000
• Implementation of enviromental legal norms
• Implementation of safety on work legal norms
• Implementation of fire fighting mesures and protection

QUALITY CONTROL DEPARTMENT (3 employees)

Responsible to company management, deals with following activities for entire company:
• Phase control and end quality control of production
• In collaboration with certification institutions, operation control of certification procedures
• Implementation of regular norms related to production procedures

LIST OF TECHNICAL FACILITIES

Buildings

• Shipbuilding workshop, segmental, on movable rails, of 45 m x 22 m. (under last stage

of design, there are the extention segments reach up to 90 m in total)
• Shipbuilding workshop with mechanical and machinery workshop -82 m x 25 m
• Shipbuilding platforms - 4 areas (4.000 + 1.200+3.600+1.600) in total 10.400 m2
• Operating coastal quay 200m in lenght, with depth up to 4,5 m
• Slipway 1: Slipping and launching of the ships up to 50 m in Lenght 18 m in beam and
max 600 t of weight
• Slipway 2: Slipping and launching of the ships up to 32 m in lenght 6m wide and 100 t
of weight on carell

Cranes

• Overhead travelling crane 5t 1 pcs

• Overhead travelling crane 2t 1 pcs
• Overhead travelling crane 3,2 t 2 pcs
• Wheel-mounted crane 16 t 1 pcs
• Wheel-mounted crane 22 t 1 pcs
• Wheel-mounted crane 60 t 1 pcs

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Business Profile of Tehnomont Shipyard Pula ltd
• Wheel-mounted crane 120 t 1 pcs
• Hammerhead tower cranes, 6 t 2 pcs
• Hammerhead tower cranes, 8 t 1 pcs

Wood processing machines

Plate processing machinery

Metal processing machinery

Welding machinery

• ARC WM 94 pcs
• MIG/MAG CO2 (ESAB, LINCOLN) 70 pcs
• EPP (2 x ESAB, 1 x LINCOLN) 3 pcs

Ultrasonic inspection equipment

• Welding quality measuring device and sheet layer tester- Krautkrämer USM 35X S
• Wall thicknes measuring device OLYMPUS MG2-XT

Products
Our entire production is concentrated on shipbuilding. A long time ago we were among the
several highly respected shipyards in our region building exclusively wooden ships. As
time passed and with the onset of new technologies, our shipyard followed the trends and
the market demands and, at some point, the first steel vessels became the shipyard's most
important product. At first, the plates were joined by rivets and later the shipyard adopted
the technology of arc welding. Understandably, further technological development imposed
the acquiring of new skills and the use of new materials, such as aluminium.

Our experience with aluminium shipbuilding started 15 years ago in German and Italian
shipyards, where our skilled workers were engaged in the construction of some
sophisticated ship parts in aluminium. This was the basis of the future development and
implementation of aluminium shipbuilding technology in our shipyard. Since 2008 until
today we have delivered 29 marine vessels ranging in length from 7 to 43 meters (work
boats, patrol boats, ferries, passenger ships etc.).

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Business Profile of Tehnomont Shipyard Pula ltd
In 2012 we delivered a new passenger catamaran vessel of 37 meters in length and 14
meters wide whose superstructure was completely made of aluminium alloy and
constructed without supporting pillars between the main deck and the sun deck.

For this purpose of realisation of this project we have invested in a new workshop hall that
was built last year, which is movable on rails, and could be extended to reach up to 100
meters in length.

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Business Profile of Tehnomont Shipyard Pula ltd
Furthermore, in the last fifteen years, our engineers and foremen have worked on a "turn-
key" basis, on building and assembling of aluminium block sections on different types of
ships e.g. cruisers and other types of ships in Italian and German shipyards.

At the "Fincantieri Cantiere Navale di Monfalcone" shipyard, from 2004 up to 2010, we

were engaged on a series of cruise ships of the "Princess" and "Carnival" type, on works
from deck 12 above, with 25 skilled workers and foremen and with the support of our
welding engineers. The production volume of each ship was approx. 40 to 50 tonnes of
aluminium block sections.

In Germany, our experience in aluminium shipbuilding is quite vast. For the client Shipyard
Lurssen – Bremen we have built large parts of the aluminium superstructure for a 165 m
Yacht for the Kingdom of Oman. Furthermore, we participated in the building and complete
outfitting of aluminium funnels for the cruise ships in "Meyer Werft" (ships for: AIDA, NCL,
DISNEY).
The weight of these funnels was from 104 up to 160 tonnes. We have built several signals
masts from aluminium for these ships as well.
Most of the personnel engaged on these works, today works in our Shipyard in Pula.

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Business Profile of Tehnomont Shipyard Pula ltd
Our shipyard has been certified and possesses workshop welding approvals for different
types of ships and shipbuilding structures in steel and aluminium alloy issued by the
Croatian Register of Shipping (CRS), Bureau Veritas (BV) and GSI SLV München
(certificates attached).

In our WELDING DEPARTMENT we have two specialists holding the degree of

International Welding Engineers (IWE/EWE) and two holding the degree of International
Welding Specialist (IWS/EWS). They are responsible for the quality of welding works, the
implementation of new welding technologies and permanent training and supervision of
our welders and their quality.
Training for welders is well organized in our Welding skills professional school (workshop).
The certificates of our IWE engineers and IWS specialists are in attachment.

Services
Concentrating our main efforts towards building of new vessels, our other services revolve
around the ship repair division, but this activity is less significant in terms of income.

Quality policy & objectives

Our Management System is certified in accordance with the requirements of the
management system standard ISO 9001:2008, by Bureau Veritas (BV).
Our CONTROL DEPARTMENT is highly skilled and disposes of all the necessary
equipment for quality control for structural buildings and welding works (NDT, Ultrasonic
and Penetrants).

Business model
TEHNOMONT SHIPYARD PULA Ltd's business model is based on a functional and
geographical organisation model. At the same time, the project organisation model
appears on lower organisational level, especially in shared departments dealing with
shipbuilding and ship repairing. In addition to the main business, which is carried in
Croatia, our company has the obligation to support investment projects in foreign
countries, mainly Germany, through our subsidiary company.
It is evident from the information provided above that our company is performing its
activities in different locations, and this requires the forming a task team depending on the
demands of the project. For this reasons our workforce can be transferred from one
company to another company within our group, depending on the demands of the project.
To a somewhat smaller extent, this also occurs in our domestic production. Basically,
whenever a new project (ship) is started we set up the appropriate team in charge of
realisation of the project. In case special services (welders, assemblers etc.) need to be
provided for our customers, a similar situation of manpower transfer occurs.

Management

Management structure

As the main activity of our company is shipbuilding and ship repair, the basic functions are
organized accordingly, as divisions, while book keeping, accounting and administrative
jobs are entrusted to our company Tehnomont j.s.c.
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Business Profile of Tehnomont Shipyard Pula ltd
Notice: Layout as of August 2011.
The Manager of the Branch Company in Germany is directly responsable to General
Manager.

Directors

President of the board-Director: Miljenko Brnić M.Sc. Eng

Member of the board-Technical Director: Kristijan Ivančić M.Sc. Eng

Professionals & Advisors

Incat Crowther
Camarc Design
SimTec Marine
CADCON
R-Project
Bruce Roberts Europe BV
Tomislav Smirčić
Milan Koroman

Customers & projects

A reference list of customers and projects as well as a contact list are separately available
upon request.

Thank you for taking the time to view our business profile. For any
questions or comments, please feel free to contact us.
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Business Profile of Tehnomont Shipyard Pula ltd