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Elevator Pitch

Our vision is to become the leading brand in the woodworking industry in Croatia and other Balkan States and deliver a high-quality product on time, within budget, while providing fast ordering.


$22,742,100.00 Sales
Cash Flow Positive
10.54% ROI

Company Overview


VETO Fulda is a company in the wood industry. With the passion for creating parquets, tables and other things made out wood, we want to serve more people than we did before.

Our Mission Statement:

"We deliver high quality products and services satisfying specific needs of our respective customers."


Here you can see our simplified process of how we create our products.

1). Forest: Our company is located in an area where oak and beech forests are very common. Before we start cutting down the forests, we make sure that the forest can grow enough and even bigger.


2). Round Wood: Our professional loggers make sure that our beeches and oaks are delivered to us as roundwood. These lay the foundation for our production.


3). Sawmill: Now the wood has to be cut into different lengths and sizes. For this we use precise and advanced machines. It is also important to us that a high level of safety is provided for our workers.


4). Timber: After the wood has been sawn into various sizes and lengths, these are carefully and well-organized.


5). Drying chamber: Now the most important part is: the drying of the wood. Here it is very important that different products need various drying periods in the drying chamber. The wood dries here for about one to two months.


6). Solid wood plates: When the wood is finished drying, these are wood panels. They lay the foundation for our production, as we can go from them in different directions. Sometimes customers just want to buy these boards. But in the largest case our product portfolio is built from them.


7). Final products: Now that the plates have laid the foundation, we use them to build our product portfolio. This consists of tables, chairs, nightstands, chests and more. Take a look at our portfolio for yourself.


This proposal is for the Acquisition Opportunity of the following company:


Vedrana d.o.o.

Radnička cesta 39

HR - 10000 Zagreb


Business Summary:

Vedrana D.O.O. is a wood processing company that operates on an integrated site and produces solid wood panels, solid furniture and floorings.

The product portfolio today includes a wide range of wooden plates and panels.

The Company is privately owned and the production facilities located in Croatia. With approximately 110 employees, the Company was very profitable in 2017, however there is a certain need for reorganization.

Currently, the company does not use full production capacities. Therefore, there is a potential for a significant increase in production capacity and extension of the production assortment.

The company Vedrana d.o.o. was founded in 1998 and it started the production of edged glued and finger jointed solid panels in 2011.

In the period from 2015 till 2017 the company expanded its production capacities to 450 m3 / per month of massive (solid) oak and beech panels, with a yearly production in 2017 of more than 4,000 m3 of final panels.

The factory produces edged glued and finger jointed solid oak, ash and beech panels class A/B and B/C, oak and ash wooden floorings, oak and beech massive panels.

The company employs 110 people and 95% of products is exported to the EU countries (Italy, Austria, Germany, Slovenia, France).

The company wishes to increase the production capacities and start further development of the production plant, more specifically they want to become more final product oriented (start the production of tables, beds and floorings).

The investment would secure employment of at least 30 new people.

The plan is also to build briquette factory with the capacity of 100 t / per month and co-generation power plant of 1.2 MWh of electrical energy and 3.8MWh of heat energy.

This business plan highlights the key concepts of the product design and development, as well as explains the fundamental values and organization of Vedrana D.o.o.

The required investment is for: modernization of production lines for the production of massive wood panels and production of multilayer glued flooring panels from thin plates and veneers; purchase of new production line with sawmill and finishing; purchase of CNC machines for furniture processing (tables, beds, chest of drawers, chairs); electrical substation of 3MW capacity; and for working capital.

Until now, the project holder has selected the equipment for the drying plant, has signed contract for design and consulting services, the new silos and the ventilation equipment with the return of warm air have been installed.

Additional land and hall have been purchased. A new drying plant (1,200 m3) and steaming chamber currently being constructed.

The area where the plant is located is rich in forests of deciduous trees.

For this acquisition we need $20,000,000.00 US Dollar.


  • Raise the first funds from the Equity Crowdfunding Campaign.

    October, 2019
  • Run & Marketing Equity Crowdfunding Campaign.

    September, 2019
  • Launch of Equity Crowdfunding Campaign.

    September, 2019
  • Prepare Equity Crowdfunding Campaign.

    September, 2019
  • Writing of Business Plan.

    September, 2019

Pitch Deck

Press Mentions

Key Customers & Partners

Mr. Adam Bojanic, c/o Adles d.o.o., SI - 1290 Mr. Henri-Pieter Verbeek, c/o AJ Timber. F - Mrs. Dipl.-Juristin Zora Savic, c/o Holz Savi Mr. Reimund Berger, c/o RB-Holz Handels GmbH, Mr. Johannes Schulte, c/o MeisterWerke Schult Mr. Zdravko Jelcic, c/o Spin Valis d.d., HR -


Ineke Bekker - Verbeek
Ineke Bekker - Verbeek
Managing Director of AJ Timber, The Netherlan
"We have worked with the company VETO Fulda and Mr. Tomislav Tomic, on the development of a market entry strategy (parquet flooring) for selected German markets. We are very satisfied with the implementation of the task and the concrete project results. We are now able to successfully open up new sales markets in Germany for our high-quality product portfolio. We can only recommend the company VETO Fulda and Mr. Tomislav Tomic without hesitation. "
Maximillian Prinz
Maximillian Prinz
Managing Director of Prinz Works, Germany
"I am writing this letter as a personal reference for Mr. Tomislav Tomic. Working with Mr. Tomic and his company was very exciting and productive. For me, the human aspect is very important in a collaboration. Mr. Tomic and I understood each other perfectly right from the start and we communicated effectively. "
Matthias Kroell
Matthias Kroell
Managing Director of My Pellets Handels GmbH,
"Hello: The cooperation with Mr. Tomic and his company VeTo Fulda is great. Mrs. Tomic and Mr. Tomic are very competent, are always available to answer our questions by phone or e-mail and always give prompt answers. Matthias Kroell, Managing Director My Pellets Handels GmbH / "

Frequently Asked Questions

Q: Does your LLC have shares or units?

A: LLC ownership can be expressed in two ways: (1) by percentage; and (2) by membership units, which are similar to shares of stock in a corporation. In either case, ownership confers the right to vote and the right to share in profits.

Q: How to handle LLC capital contributions and distributions?

A: Members of an LLC are subject to capital contributions, i.e. the amount of money or assets given to the business by one of the members, and profit distributions based on terms they agree to in the Operating Agreement.LLCs are formed usually for one reason: to make money. Sometimes the return can be in compensation in terms of salary or capital gains from a sale or other disposition; however, most of the time distributions are usually how members of an LLC realize the return on their investment. The distribution provisions are contained in the LLC Operating Agreement. These distributions can either be prorated by capital invested, prorated by interest ownership or distribute based on more complicated formulas. Distributions generally fall into one of two categories: (1) tax income/loss (deemed distributions) and (2) money actually paid from the LLC to the member.

Risks & Disclosures

What are some of the risks involved in investing?

Please be sure to carefully review the Risk Disclosures. The following section is excerpted from that lengthier document.

Some of the key risks to know before you invest in startups:

Crowdfunding investments are highly risky and speculative. You should do your own research and scrutinize all disclosed risk factors before making an investment decision. The following are some of the key risks applicable to Republic offerings:

Speculative. Investments in startups and early-stage ventures are speculative and these enterprises often fail. Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. You should be prepared to lose your entire investment.

Illiquidity. Your ability to resell your investment in the first year will be restricted with narrow exceptions. You may need to hold your investment for an indefinite period of time. Unlike investing in companies listed on a stock exchange where you can quickly and easily trade securities, you may have to locate an interested private buyer when you do seek to resell your crowdfunded investment.

No voting rights. A Crowd SAFE does not provide voting rights to its holder, unless and until the Crowd SAFE or the note is converted into an equity stake. If and when you receive voting shares in a company, your voting rights will likely be diluted when the company raises additional funds.

Cancellation restrictions. Once you make an investment in a crowdfunding offering, you can cancel the investment at any time and for any reason up to 48 hours before the offering deadline.

Valuation and capitalization. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult. You risk overpaying for the equity stake you receive. The class of equity being sold via a crowdfunding offering may have fewer rights than other equity classes issued by a company.

Limited disclosure. The company must disclose information about itself, its business plan, the offering, and its anticipated use of proceeds, among other things. An early-stage company may be able to provide only limited information about its business plan and operations because it does not have fully developed operations or a long history to provide more disclosure. The company is also only obligated to file information regarding its business annually, including financial statements.

Under certain circumstances the company may cease to publish annual reports and holders of the Crowd SAFE will have no information rights.

Investment in personnel. An early-stage investment is also an investment in the founding entrepreneur(s) and/or management of the company. Being able to execute on the business plan is often an important factor determining whether the business will be viable and successful. You should also be aware that a portion of your investment may fund the compensation of the company’s employees, including its management. You should carefully review any disclosure regarding the company’s use of proceeds.

Possibility of fraud. As with other investments, there is no guarantee that crowdfunding investments will be immune from fraud.

Lack of professional guidance. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g. angel investors and venture capital firms). These investors often negotiate for seats on the company’s board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. An early-stage company primarily financed through crowdfunding may not have the benefit of such professional investors.