SALES PROSPECTUS TIGAR CATERING
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2 Tigar Corporation has been present in the rubber business for more than eight decades. Parallel with the growth and expansion of the production of rubber products grew the need for numerous services which enabled such expansion of the rubber business in Pirot. In time, organizational units which were engaged in food production for workers, transport organization and logistics, as well as in construction business, singled out into independent entities which focused their business towards external users. Today all of them are sustainable in financial terms with reference market share. After numerous studies conducted in the previous years it was decided that the corporation should focus on the basic activity, and that it should gradually leave the other (service) activities. KEY YEARS Launching the production of pneumatics and rudiments of organizing nutrition in Tigar Catering becomes a business unit within the subsidiary Tigar Business Service Change in the way of food distribution - Redesign of the restaurant and technical improvement of production conditions and food distribution the StarA Hotel was incorporated to the business unit Catering Tigar Catering singled out from the structure Tigar Business Service and becomes a subsidiary the introduction of a new system for food distribution - Completed renovation of a part of the StarA Hotel 2
3 ORGANIZATION CHART TODAY At its disposal Tigar Catering has the following property: Equipped kitchen, the surface of which is 1630 m2 Hotel at Stara planina Mountain Special vehicle for food transportation Van Reno masters Several chambers for food maintaining Two convection furnaces with capacity of each being 20 trays Steam cauldrons Dishwashers Floor cleaning machines Two convectomats ovens Other equipment necessary for food preparation and distribution 3
4 Tigar Catering is organized according to the principle of business units: BU Kitchen BU Buffet BU Business Restaurant BU Canteen the StarA Hotel KITCHEN The largest portion of income in Tigar Catering is effectuated by the business unit Kitchen that caters for preparation and distribution of about meals a day. Distribution and distribution of meals takes place in seven restaurants, in all three shifts, seven days a week. BUSINESS RESTAURANTS Business restaurants provide catering services to the interested users. BUFFET The buffet caters for serving all kinds of non-alcoholic drinks, hot and cold beverages for the employees of the company Tigar a.d. CANTEEN The canteen deals in the sale of consumer goods within the company Tigar Tyres. 4 CATERING Within the kitchen is developed a special segment Catering, that is, preparation, delivery and serving of prepared food to the interested citizens in the territory of the district of Pirot. It represents a newer service of this company and the offer includes all types of prepared meals, hot and cold appetizers as well as a wide range of traditional dishes and represents an indispensable part of the table at family gatherings, business celebrations and banquets..
5 THE STARA HOTEL The StarA Hotel is located in the National Nature Park at an altitude of 1000m, at 12km from Pirot, it offers excellent conditions for rest and recreation, as well as for preparation of sports teams. At its disposal the hotel has 14 equipped rooms and an apartment, restaurant with capacity of 100 seats, as well as a conference hall, lobby-bar and a mini gym. Within the hotel is a sports field lined with recycled rubber which provides excellent conditions for recreation and preparation of sports teams. The hotel is fitted with security cameras and free Internet connection. In the vicinity of the hotel there is a ski-run, which is the favorite place for skiing and sledding in winter. In the StarA Hotel were organized the following business events: - Board of Directors of Elektroprivreda Srbija, - several seminars and meetings of the management of PC Srbijašuma, - seminars and business meetings of the management of Tigar Tyres and the Michelin group - Seminars of non-governmental organizations such as UNICEF, SEED, Pirgoss and others - Sports preparations with accommodation and meals including the special halal food for the national basketball team of Qatar - Accommodation and nutrition for professional basketball players All services provided included accommodation and food a la carte or cold/hot buffet and the use of the conference room fitted with equipment for presentations, depending on customer requirements. 5
6 REFERENCES 1. Numerous individual and team acknowledgements of our chefs and waiters in the competitions of caterers and tourism workers of Serbia. 2. Preparation and serving in numerous events in Pirot and surroundings 3. Nourishment of the employees in Tigar Tyres and Tigar a.d. 4. Nourishment of the employees in Deneza M inženjering, Cooperation GZR, Termoinženjering and others.. SWOT ANALYSIS POWER/ADVANTAGES Competent and high-quality professional staff Diversity of services Competence in price The use of modern technological solutions Reference list of users Developed teamwork WEAKNESSES/ DISADVANTAGES Bad age structure of employees Lack of HACCP standard Tender jobs POSSIBILITIES/ OPPORTUNITIES Planned further development of our largest user Local competition at a relatively low level New needs of customers and development of new technologies Further development of catering services with increasing standard Leading position in the market DANGERS/THREATS The appearance of experienced foreign companies New standards stipulated by entering the EU 6
7 REVIEW OF FINANCIAL INDICATORS Number of employees Total Income Ebitda No. of Employees Information on pledges and mortgages on movables Pursuant to the valid Prepackaged Plan of Reorganization as of was placed mortgage over the following property of Tigar Catering: Central Kitchen at 213, Nikole Pasica Street in Pirot at k.p.no. 3390/12 LN 8340, in favor of Societe Generale bank, whereas the mortgage over the object Planinarski dom and accompanying elements k.p.no.493 and k.p.no.494/2 LN 1302, placed in favor of Societe Generale bank, AIK bank and Erste bank. Also, there was registered pledge over equipment in favor of Tax Administration in process of delay of payment of the tax debt Zl.no /2012 (pursuant to the Record of inventory and valuation no /7584/ as of it was inventoried and valuated equipment worth a total of ,18 dinars) In process is the procedure of pledge registration with Business Registers Agency over equipment ( Convection oven Konvektomat SAEV 102SCS/KCS/NV N/R LA ) in favor of Tax Administration in the process of securing the tax debt of Tigar Security 7
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