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COMPANY STORY

From tradition to continuity

Over the years Riko has developed into a vertically integrated group of companies providing technical and technology-based products and services to a variety of production processes across a host of industries and business sectors.

Riko’s roots stretch back to the 19th century, when a sports and medical equipment plant was established under the name of JOR in the small Slovenian town of Ribnica, the cradle of the country’s entrepreneurship. RIKO– a Slovene acronym for “Ribnica Metal Processing Factory” – was built on these original foundations. Up until 1990 the company worked to develop agricultural machinery, tractor trailers, aircraft, municipal infrastructure, and waste management equipment, together with sophisticated, highly-flexible related systems.

With the arrival of the 1990s Riko shifted its focus from manufacturing to engineering. Our range of products and services, together with our representation of some of Europe’s most prestigious manufacturers, has made us a long-term partner for many companies and sectors, including automotive manufacturers across the former Soviet Union, who are now constantly updating their technologies and technical processes. Thanks to our experience and knowhow we have extended our area of operations to numerous markets that have recognized the need for intelligent, integral solutions, as well as the need to introduce efficient, state-of-the-art, eco-friendly technologies.   
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JOR workshop

JOR workshop

The JOR workshop opens in Ribnica, producing sports equipment and other products; later the facility expands to medical equipment and agricultural tools and equipment.

1881
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New fields of specialization

New fields of specialization

The facility halts the production of sports equipment and focuses on the manufacture of agricultural tools and equipment, which will later be complemented by aircraft equipment and snow removal equipment, including cannons, gritters, and similar.

1940
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Renaming to Riko d.o.o.

Renaming to Riko d.o.o.

The company is renamed Riko, and the production programmer is continuously developed.

1960
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Riko in the Soviet Union

Riko in the Soviet Union

Riko extends its area of operation to the automotive industry and household appliances.
Riko establishes its Moscow office, which is successfully headed by CEO Dragoljub Djordjević.

1980
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Transformation into the engineering company Riko, d.o.o.

Transformation into the engineering company Riko, d.o.o.

Riko discontinues its former primary business operation; it is transformed into Riko Ltd. and begins to further develop its engineering-related businesses. RIKO enters into a successful strategic cooperation arrangement with the Russian company Avtovaz.

1990
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Cooperation with the company Avtovaz

Cooperation with the company Avtovaz

Riko enters into a successful strategic cooperation with the Russian company Avtovaz.

1990
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Cooperation with the company MAZ

Cooperation with the company MAZ

Riko begins cooperatingwith the Belarusian company MAZ, a large lorry manufacturer.

2002
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Business and logistics activities

Business and logistics activities

Riko expands into engineering in energy and power transmission systems.
Riko also begins to establish itself in logistics systems.

2004
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New project customers -  Avtodizel in MZT

New project customers - Avtodizel in MZT

The companies  Avtodizel (Russian Federation) and MZT (Belarus) join RIKO´s list of important customers.   

2005
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Entering new markets

Entering new markets

RIKO enters into cooperation with the Raven Group and the Yoo in building the housing estate called The Lakes (GB).
RIKO enters the important Macedonian market by cooperating with Elem (Skopje, Macedonia).  
RIKO's position in the Belarusian market is strengthened by cooperation with the company MZKT (Belarus).
The construction of the hotel Peter I is concluded that year under the leadership of RIKO.

2006
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New partnership with MZKT

New partnership with MZKT

Riko's position in the Belarus market is strengthened by cooperation with the company MZKT (Belarus).

2006
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Opening of the hotel Peter I

Opening of the hotel Peter I

The construction of the hotel Peter I is concluded that year under the leadership of RIKO.

2006
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Čehov logistics center

Čehov logistics center

Construction the Chekhov Intereuropa Logistics Centre is entrusted to RIKO.

2007
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Beginning of the environmental protection activities

Beginning of the environmental protection activities

RIKO rounds off its activity by engaging in environmental engineering.

2007
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New partnerships

New partnerships

The companies BELAZ and GOMSELMASH join Riko’s list of important customers in Belarus.
Riko starts to actively participate in the industrialization of specific regions of the Russian Federation.
Riko enters into cooperation with Macedonia in drafting strategic documents for waste treatment.

2008
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Starck with Riko

Starck with Riko

Riko signs a cooperation agreement with celebrated French designer Philippe Starck.

2009
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Aqueduct Bela krajina

Aqueduct Bela krajina

Riko starts construction on a water supply system in Bela Krajina (Slovenia) as well as on sewage works for the town of Metlika (Slovenia).

2009
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Center for water treatment Barje, Ljubljana

Center for water treatment Barje, Ljubljana

Riko successfully completes the construction of a purification plant for dangerous waste.

2010
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Breakthrough into the energy sector in Belarus

Breakthrough into the energy sector in Belarus

Riko secures a breakthrough deal in the Belarusian energy market; construction and reconstruction of transformer stations in Minsk and its surroundings begins.

2011
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HPP Sveta Petka

HPP Sveta Petka

Inauguration of the Sveta Petka hydroelectric power plant, a turnkey project constructed and delivered by Riko on the Treska River in Macedonia.

2012
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Wooden kindergarten in Ribnica

Wooden kindergarten in Ribnica

The wooden-construction kindergarten built by Riko is inaugurated in Ribnica, construction begins on a similar wooden-construction kindergarten in Murska Sobota.

2013
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Breakthrough into the energy sector in Slovenia

Breakthrough into the energy sector in Slovenia

Riko's breakthrough in the Slovene energy market: the company signs a contract with HESS to supply hydromechanical equipment for the Brežice hydroelectric power plant.

2014
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New projects

New projects

The company builds and sells three villas in the Les Bordes golf resort.

2015
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Reservoir and overflow spillway for the Brežice HPP

Reservoir and overflow spillway for the Brežice HPP

Riko signs a contract to build a dam with a high-range water reduction system for the Brežice hydroelectric power plant.


2015
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Successfully completed environmental projects in Slovenia

Successfully completed environmental projects in Slovenia

Many infrastructure projects related to environmental protection are completed (new water supply system in the Bela Krajina region, a waste water treatment plant for the Zasavje waste processing plant, waste water treatment plants in Litija and Šmartno pri Litiji, a waste water treatment plant in Idrija, and more).

2015
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P.A.T.H. house in the U.S.A.

P.A.T.H. house in the U.S.A.

Construction of the first prefabricated accessible technological home (P.A.T.H.) in the USA begins.

2016
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Cooperation with the company Tikhvin

Cooperation with the company Tikhvin

Collaboration begins with TVSZ (a Tikhvin-based company constructing new-generation rail freight wagons). 

2016