Insight

DIV Group is currently carrying out a financial restructuring in order to become stronger, more competitive, and take advantage of the recent anti-dumping duties introduced by the European Commission on certain fasteners from China.

DIV Group is an affiliation of up to 55 companies – with 95 years of tradition and over 3,000 employees – that together specialise in the processing, production, and trade, of fastening products, machined parts, and other metal products, for shipbuilding, capital railway infrastructure projects and bridge construction. As a European leader in the metalworking industry, DIV Group also has a commercial presence in more than 40 countries around the world.

“The European Commission’s decision in early 2022 to introduce protective tariffs for the import of Chinese fasteners into the EU presented us with a huge opportunity,” states DIV Group. “Our largest fastener production factory is located in the town of Knin, close to the port of Split in Croatia, and due to the new duties we are looking to put a large part of our annual production capacity into the European market – as we are a lot more competitive now when it comes to price.”

The Knin fastener factory covers over 30,000m² and focuses on the complete production of standard fasteners – from preparation to the final product. The total Knin facility covers 120,000m². “To remain competitive within the EU market it is essential that we have full control of the entire production and procurement processes. This starts with the raw materials procurement; to preparation for production; and PPAP monitoring of the production process. By doing this we cannot only guarantee that the products meet the highest quality standards, and provide our customers with maximum safety in use, but we can also ensure that every process is as optimised as it can be,” explains DIV Group.

In total the Knin factory has 23 production lines, 14 thread rolling lines, 3 heat treatment lines, 2 galvanising lines, as well as a semi-automatic packaging line. “This means we can produce a wide range of fasteners in dimensions from M6 to M27 – meeting the needs of customers throughout Europe and the rest of the world.”

Another important factor in DIV Group’s ability to compete within the market is its fast delivery times, which it is able to provide thanks to its significant warehouse storage, with the most popular dimensions of fastener products, from standard bolts to screws – all according to DIN and ISO – available on a ‘Just in Time’ service. DIV Group can also provide products according to individual customer requirements. 

“Over 95% of our production of fastener products go into the steel construction, construction, automotive, shipbuilding, railway, electrical and wood industries as well as mechanical engineering in general,” points out DIV Group. “Through the financial restructuring we have been making, we are now in a stronger and more competitive place to compete within Chinese products within the European market. As a group we are continuously growing and through our dedication and investments we have developed into one of the most efficient and competitive companies in Europe – offering a wide range of products supported by the experience and confidence needed to participate in highly demanding and evolving industries.”