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Incel (company)

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Incel
Native name
Инцел
Headquarters Banja Luka, Bosnia and Herzegovina
Website {{#property:P856}}

Incel (Serbian Cyrillic: Инцел) is a company based in Banja Luka, Bosnia and Herzegovina, originally manufacturing cellulose, viscose and paper products. Established in 1954,[1] it was a major industrial conglomerate in the field during the Socialist Era, employing up to 6,500 workers. Following a period of decline in the 1980s and the Bosnian War in 1990s, the factory collapsed, and was subsequently split into several smaller enterprises. Parts of the original Incel industrial zone, largely decrepit, now serve as a business zone rented to small companies.[2] The 150-meters-tall chimney of its former coal-powered plant is one of the tallest structures in Bosnia and Herzegovina.[3]

History[edit | edit source]

Cellulose-producing industry in Banja Luka was established in 1954, and first production plants were built between 1955 adn 1957. The factory was expanding, and between 1970 and 1981 multiple new production lines were built, as part of the industrial conglomerate (SOUR) "Incel".[1] At its peak, it employed 6,500 workers.[2] Specic outputs in the plant included cellulose and has aided Bosnia in its industrial capacity.[4] The conglomerate included units "Celuloza", "Viskoza", "Elektroliza", "Energetika", "Industrijske plantaže" and several smaller ones, achieving total exports of over 100 milion dollars.[2] Incel had joint ventures with Šipad, Krivaja and other major Bosnian companies.[5]

During its early chonology it ordered a polyester filament plant, and subsequently ordered a polyester fibre plant from Uhde.[6]

Bosnian War marked the demise of the factory, and one plant after another ceased production due to loss of market and working capital. After the war, there have been several attempts to restart the business, but the basic production has never been renewed. Through the process of restructuring and privatization, Incel was split into 10 companies, but they saw only limited success. Tissue paper brand Celex was sold to a Slovakia-based group, and is still available on the markets of former Yugoslavia.[7] The industrial zone was turned into a "business park" and leased, with about 60 small companies using the space, employing around 1,500 workers. Nonetheless, the area is largely decrepit and described as the "Banja Luka's Fukushima" by some.[8][2]

References[edit | edit source]

  1. 1.0 1.1 "BANJALUKA KROZ VRIJEME: Šta se sve nekad proizvodilo u Banjaluci (1. dio)". eTrafika. 25 December 2013. Retrieved 9 May 2018. 
  2. 2.0 2.1 2.2 2.3 "Incel: Simbol privrede postao njen spomenik (XIV)" [Incel: Symbol of economy became its gravestone]. Nezavisne Novine. 4 August 2015. Retrieved 9 May 2018. 
  3. Terterov, Marat (2006). Doing Business with Serbia. p. 294. 
  4. Tomašević, Nebojša (1979). Facts about Yugoslavia. p. 74. 
  5. Economic Review. 1979. p. 64. 
  6. Chemische Industrie International. 1970. p. 309. 
  7. "Our Marks". SHP Group. Retrieved 9 May 2018. 
  8. "PROPAST BANJALUČKE INDUSTRIJE: Proizvodni pogoni pretvoreni u salone za svadbe i sahrane". Žurnal. 5 October 2014. Retrieved 9 May 2018. 

See also[edit | edit source]

External links[edit | edit source]

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