Hrastnik Glassworks

Web store sign




The Steklarna Hrastnik team achieves excellent results

Last year, net operating profit rose by almost a fifth to EUR 7.8 million.


Steklarna Hrastnik continues the trend of business growth, having generated EUR 60.5 million in total revenues last year, 5% more than the year before. Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR 14.1 million, representing an increase of 12%, and pre-tax profit stood at EUR 8.8 million, 14% higher than in the previous year. Net operating profit increased by 18% to EUR 7.8 million.


One of the important indicators of growth was also the EBITDA margin, which reached 23.7% and was 9% higher than last year. This is a measure of business performance, which indicates as a percentage the amount of earnings a company is generating, calculated by taking operating revenue and deducting operating expenses, less depreciation.

"Steklarna Hrastnik last year again achieved excellent results, despite the fact that electricity and gas costs increased by 15% compared to the previous year and even though labour cost per employee rose by nearly one tenth from EUR 2,077 last year. The value added per employee grew by as much as 13% to EUR 46,683,” said Peter Čas, CEO of Steklarna Hrastnik, and added: "Excellent performance results are certainly also due to all employee training. We spent on average close to EUR 500 per employee last year for external training, which is 33% more than the year before."

The growth trend continues in the first quarter of this year, when Steklarna Hrastnik is expected to generate EUR 16.2 million or 8% more revenue than in the same period last year. The Company estimates that EBITDA will amount to EUR 4 million and will exceed the EBITDA generated in the first quarter of last year by 19%. Profit before taxes is expected to amount to EUR 2.6 million or 21% more than in the same period last year.  

According to the estimates of Steklarna Hrastnik’s management, the EBITDA margin will be 25.5%, which is 14% more than in the same period last year, while value added per employee in this period will increase by one fifth to EUR 53,470 annualised. At the same time, the monthly labour cost per employee will rise by 11% compared to last year's first quarter, reaching EUR 2,264.

“In the field of sales, we have expanded the network in key markets, namely in France, the United Kingdom and the USA, having strengthened our relationship with brand owners through our own sales offices. We are also proud of the success and excellent market response to our own collection of packaging glass, HighGlass perfumes and HighGlass spirits,” said Peter Čas about the key sales activities of Steklarna Hrastnik in the past few months.  

The CEO of Steklarna Hrastnik is convinced that the transition to digitalisation, robotisation and automation of production processes will make it possible to achieve even more ambitious goals. “In 2018, we allocated a total of EUR 9.2 million to investments, almost twice as much as in 2017, having invested mainly in automation, digitalisation and robotisation. With the international corporation Siemens, we have prepared a strategy for the transition to industry 4.0, which is already being actively implemented in a phased approach. This also affects the training of employees, who this year will again undergo training in the smart factory competence centre,” said CEO Peter Čas about the activities surrounding the transition to industry 4.0, which represents a key investment for Steklarna Hrastnik this year.


Embalažni program parfumi Kenai

Embalažni program Alaska Namizno steklo Polaris



In November 2011, Steklarna Hrastnik  was proud to receive the basic Family Friendly Company Certificate.



We are well aware of the fact that well-motivated staff, equipped with expert knowledge and..



We place great importance on the protection of the environment.





Steklarna Hrastnik was a finalist at the 2012 Zlata Nit pageant in the Big Companies category, and received... 

CertifikatAAANaslovna ang



Ambiente International Fair was granted the Ethical Style Guide certificate to Steklarna Hrastnik.



y1 f1 l1p1

Want to contact us?

  1. Contacts
  2. Where we are

 +386 (0)3 56 54 600

  +386 (0)3 56 54 623
crta  E-MAIL 

EBA2014 15Logo ambasador