The Oak Extract Company Limited in Županja from its Foundation until 1912 Cover Image
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Tvornica tanina u Županji od osnutka do 1912. godine
The Oak Extract Company Limited in Županja from its Foundation until 1912

Author(s): Branko Ostajmer
Subject(s): Business Economy / Management, Economic history, 19th Century, Pre-WW I & WW I (1900 -1919)
Published by: Hrvatski institut za povijest
Keywords: Županja; Slavonia; forest; oak extract industry; Hepburn family;
Summary/Abstract: The Oak Extract Company Limited from Županja was one of the first, as well as one of the most significant industrial enterprises in Slavonia founded on foreign capital. The factory was opened in the early 1880s, being the first tannin factory in the Croatian lands. Facing different ups and downs, like changes in the ownership structure, it was active until 1930s. However, the factory lived through its golden age at the end of the 19th century. In the beginning, this foreign investment faced negative comments and assessments, mostly made by political opposition. Nevertheless, multiple positive effects related to this factory became evident soon enough. Because of that, initial negative preconceptions gradually gave place to the more favorable impressions towards the English-Canadian capital in Slavonia. Foundation of the factory presents an important point in the history of Županja and the surrounding area for its employment of 400 people in 1900. Moreover, additional profit-making opportunities emerged for the local population, such as kirijašenje (extracting logs out of forests).