Expansion in the Horizon
Jure Mikolčić elected to Fortaco’s board of directors
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Expansion in the Horizon

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We warmly welcome Jure Mikolčić, Fortaco Group President & CEO, to the Fortaco team as ... Read more
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Jure Mikolčić elected to Fortaco’s board of directors

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Fortaco Group Holdco Plc | Stock Exchange Release | 2 August 2026 at 10:00 PM ... Read more

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A man in a suit stands in front of a dark background with the word “FORTACO” in bold white letters behind him.

Expansion in the Horizon

News

We warmly welcome Jure Mikolčić, Fortaco Group President & CEO, to the Fortaco team as ... Read more
A person in business attire holding and flipping through a folder, with the text "FORTACO AS AN INVESTMENT" overlaid in bold letters. The left edge has a yellow vertical stripe.

Jure Mikolčić elected to Fortaco’s board of directors

News

Fortaco Group Holdco Plc | Stock Exchange Release | 2 August 2026 at 10:00 PM ... Read more

See all articles >

Deep Roots In a Heavy Business

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Blog

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By Fortaco

Fortaco’s Narva business site has a long history with various products and ownerships. It was established in 1947 and 2013 acquired by Fortaco Group. Business Site Narva is the biggest unit in Fortaco Group, manufacturing high quality steel fabrications for the off-highway equipment industry. Some of the employees have worked for the company a respectable time period, one of them being Nikolai Golubev, Welding Supervisor.

Mr. Golubev has worked at the factory for 47 years. Those decades are full of changes, growth, new products, machines, and also various scientific developments. He started as a mechanic at the mechanical assembly in a vacuum laboratory, at the time, when the plant was an industrial site for the various scientific developments of leading research institutes in the country (former USSR).

”It was an interesting time. We didn’t only work, but also studied, played sports and actively participated in the public life.” For several years Mr. Golubev was a member of the trade union committee, and the chairman of the workshop committee in the technical control department.

Years at the factory have not always been easy going – Mr. Golubev has definitely gone through both good and bad with the company. The huge reduction in the 90’ was dark time, also for those people who were able to keep their jobs. ”It was necessary to survive, and so we did – still, it is hard for me to remember that time”.

Values In Action

Our values define the way we work and solve problems at work and in personal life. Mr. Golubev knows well his values, and those are probably the ones, which have helped him and the team to manage harder times, and also grow during smoother sailing periods.

”What I truly appreciate in people are responsibility, integrity and the ability to quickly make right decisions, leading to the goal.” Those are the qualities, he aims to put into effect also at work. And this is probably why, he is leading the bottleneck areas these days. The team is ambitious. “When facing a challenge, people usually try to find solutions before heading off from work.”

Working in a leading position has provided him great tools to handle stressful situations at work, but also has taught him to pay great attention to find ways to release stress outside of work. Mental health is a forever important topic and cannot be underlined too much, especially during these days. Mr. Golubev has created a perfect recipe to take care of himself, he is relaxing at countryside with his wife, grow exotic vegetables, go fishing and hunt some mushrooms.

Merging For Future

Mr. Golubev is very optimistic about the process, which is laying ahead of everyone. The factory extension was built last year, and the team is excited about the new possibilities the extension will offer in the future. ”I believe that the merge of veteran experience, enthusiasm and knowledge of modern technology among young workers, combined with a thoughtful strategic leadership, are the key to success for the further development of our factory and its prosperity. I am absolutely confident about this!”

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