Destilacija Teslic

What Destilacija Teslic does

Destilacija Teslić (legal entity HI Destilacija a.d. Teslić) is a publicly listed joint-stock company founded in 1896 in Teslić, Republika Srpska, Bosnia and Herzegovina, and traded on the Banja Luka Stock Exchange. It manufactures wood charcoal, charcoal briquettes, and a range of acetic acid and vinegar products derived from the dry distillation of deciduous hardwoods (beech, hornbeam, oak) using vertical retorts and modern horizontal furnaces. Annual output is approximately 14,000 tons of charcoal, 4,000+ tons of charcoal dust, and 6,600 tons of briquettes, with additional capacity for biological acetic acid and flavored vinegars.

The company's technology platform rests on established dry-distillation chemistry combined with downstream processing: charcoal dust is pressed into briquettes using starch as a binder rather than chemical agents, and waste streams are combusted in horizontal solid-waste incinerators to recover energy. The vinegar line spans technical-grade acetic acid (80% and diluted 9%), alcohol, apple cider, and wine vinegars, plus several flavored variants. The company holds FSC, REACH, EN 13189, ISO 9001, ISO 14001, OHSAS 18001, and HACCP certifications, supporting both EU export eligibility and food-industry saleability.

Commercially, the business serves three primary segments — industrial manufacturers (ferro-alloy and activated-carbon producers using charcoal as a reducer), food industry processors (acetic acid for pickles, ajvar, and similar applications), and household/consumers (grilling charcoal and culinary vinegars, marked as the primary segment). Distribution combines direct domestic sales in Bosnia and Herzegovina with export into EU retail channels for briquettes and into industrial supply chains. Specific pricing, revenue, and headcount metrics are not disclosed. Ownership is concentrated, with members of the Škrebić family holding roughly 35% of shares as of late 2020, and management transitioned in 2019 to Zoran Škrebić as General Director.

Name

Destilacija Teslic

Legal name

HI Destilacija a.d. Teslić

Website

https://destilacija.net

Company type

Public

Founded year

1896

Operating status

Operating

Headcount range

251–500 employees

Short description

Destilacija Teslić is a Bosnia-based, publicly listed manufacturer of wood charcoal, charcoal briquettes, and biological acetic acid and vinegar products produced via dry distillation of deciduous hardwoods since 1896, serving industrial, food-processing, and household consumers domestically and in the EU.

Ownership category

akta.pro rank

Headquarters

HQ city

Teslic

HQ country

Bosnia & Herzegovina

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Distribution channels3 records

Marketing channels6 records

Core offering

Destilacija Teslic manufactures wood charcoal and charcoal briquettes through dry distillation of deciduous tree species (beech, hornbeam, oak) in vertical retorts and horizontal furnaces, with annual production of approximately 14,000 tons of charcoal, 4,000 tons of charcoal dust, and 6,600 tons of briquettes. The company also produces biological acetic acid and a range of vinegar products (80% and 9% acetic acid, alcohol, apple cider, wine, and flavored vinegars) for household and food-industry use, all compliant with European standard EN 13189.

Product overview

Destilacija Teslic is a manufacturing company producing two main product lines: wood charcoal/charcoal briquettes and vinegar/acetic acid products. The charcoal products include wood charcoal (approximately 14,000 tons annually from dry distillation of deciduous trees) and charcoal briquettes (approximately 6,600 tons annually using starch as binder). The vinegar product line includes concentrated Acetic Acid 80%, Diluted Acetic Acid 9%, Alcohol Vinegar, and multiple flavored vinegars (Apple Cider, Wine, Spices, Garlic and Lemon, Pepper). The company operates dry distillation processes for both product lines and holds FSC and REACH certifications for sustainable sourcing and EU market compliance.

Differentiator

Problem solved

Functional benefit

Products and services

• Wood Charcoal Charcoal produced via dry distillation of deciduous tree species (beech, hornbeam, oak) in vertical retorts and modern horizontal furnaces. Annual production approximately 14,000 tons. Used in ferro-alloy industry as a reducer, in chemical industry for activated carbon production, and for household grilling. Meets European standards.
• Charcoal Briquette
• Acetic Acid 80%
• Diluted Acetic Acid 9%
• Alcohol Vinegar
• Apple Cider Vinegar
• Wine Vinegar
• Flavored Vinegar with Spices
• Flavored Vinegar with Garlic and Lemon
• Flavored Vinegar with Pepper

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Valjaonica bakra Sevojno (Sevojno Copper Rolling Mill)coreStrategic or Co-development PartnerLong-term partnership with Sevojno Copper Rolling Mill for cooperation in publications and business development. Partnership featured in 37th edition of Europe & Middle East Outlook Magazine.
• Faculty of Natural Sciences and Mathematics in Banja LukaminorStrategic or Co-development PartnerCollaboration on research regarding application of charcoal in production of modern explosives for mining. Company's charcoal used as sample in the examination.
• Faculty of Mining and Geoengineering (AGH) KrakowminorStrategic or Co-development PartnerInternational research partnership on charcoal application in mining explosives production, part of cross-institutional collaboration.
• Polish Academy of Sciences KrakowminorStrategic or Co-development PartnerInternational research partnership on charcoal application in mining explosives production, part of cross-institutional collaboration.
• Aristotle University Thessaloniki - Department of PhysicsminorStrategic or Co-development PartnerInternational academic partnership contributing to research on charcoal application in mining explosives production.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Celanese Corporation: One of the world's largest producers of acetic acid via synthetic methanol carbonylation, supplying industrial customers globally. Directly comparable in the acetic acid product line to Destilacija's biological acetic acid, but operates at vastly larger scale and serves commodity industrial markets where synthetic pricing dominates.
• Mizkan Holdings: One of the world's largest vinegar producers, with broad product portfolio including industrial and retail vinegar across multiple geographies. Directly comparable to Destilacija's vinegar line (alcohol, apple, wine, flavored) but at significantly larger scale and global distribution, making Mizkan a BROAD_INCUMBENT in the food vinegar category.
• Heinz (Kraft Heinz): Global consumer food giant with a substantial vinegar product line spanning retail white vinegar, apple cider vinegar, and specialty vinegars. Vinegar is a small but mature line within a much broader portfolio, making Heinz a BROAD_INCUMBENT comparable on vinegar category dynamics but operating at dramatically different scale and category focus.
• Eastman Chemical Company: Major global chemical producer with an acetic acid business serving industrial and food-grade applications. Comparable to Destilacija's industrial acetic acid sales (chemical industry, food processors), but as a diversified specialty chemicals giant rather than a focused biological acetic acid specialist.

Direct peers

• Royal Oak Charcoal: US-based charcoal briquette and lump charcoal producer competing directly in the grilling charcoal category. Comparable to Destilacija's ~6,600-ton briquette capacity and consumer BBQ channel focus, with both supplying retail and food service channels in their respective geographies.
• Donau Carbon (CarboTech): European producer of activated carbon and charcoal-based specialty carbons, serving industrial customers including chemical and environmental applications. Directly comparable to Destilacija's industrial charcoal sales (chemical industry for activated carbon production) and shares the European regulatory/certification context (REACH, FSC-equivalent).
• Fleischmann's Vinegar: Long-established US vinegar specialist with a broad product range across white, apple, wine, and specialty vinegars for retail and foodservice. Directly comparable in product portfolio breadth to Destilacija's alcohol, apple, wine, and flavored vinegars, though Fleischmann's uses fermentation rather than wood distillation.
• Kingsford (Spectrum Brands): Largest charcoal briquette brand in North America and a DIRECT_PEER for Destilacija's core charcoal briquette line. Both produce pressed charcoal briquettes for grilling, though Kingsford uses a mineral/coal-based binder versus Destilacija's starch-based formulation, making the comparison especially relevant for REACH-compliant EU briquette positioning.

Regional players

• Portucel / Altri (Portugal): Portuguese forestry and pulp group that also operates charcoal and biomass operations serving European BBQ and industrial markets. Operates as a REGIONAL_PLAYER in southern Europe for charcoal, sharing the EU regulatory and FSC context with Destilacija but with significantly larger scale and Iberian market dominance.

Emerging players

• BRook凡 (Brookridge Enterprise / European BBQ charcoal brands): UK-based importer and distributor of premium restaurant-grade charcoal and wood-fired BBQ products, sourcing from European charcoal producers. Acts as a go-to-market route into UK/EU specialty grilling retail that Destilacija's REACH-compliant briquettes could access via similar channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC5DXevXHjqXk8VskxNz1OzQ
• Facebookfacebook.com/DestilacijaT
• LinkedInlinkedin.com/company/destilacija-teslic
• Instagraminstagram.com/destilacija_teslic

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Destilacija Teslic