Geofoto

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Geofoto
Type LLC
Industry Geomatics
GIS
Aerial photography
Photogrammetry
Cartography
Founded 1993
Headquarters Zagreb, Croatia
Revenue Increase €15.39 million (2009)
Employees Increase 260 (September 2010)
Website http://www.geofoto.hr

Geofoto is a Croatian company with 260 employees headquartered in Zagreb, Croatia with subsidiaries in Norway, Macedonia, Slovenia, Bolivia, Argentina, United Arab Emirates, Czech Republic and United Kingdom. Its main fields are Geomatics activities such as photogrammetry and geographic information systems (GIS). In Croatia it has won a number of business awards.

History[edit]

The company was founded in 1993 in Croatia and became the country's first aerial survey service and the lead producer of new topographic maps after the Croatian War of Independence. Exporting activities started in early 2000s (decade) and peaked in 2008 when the company acquired Geodetski zavod Slovenije d.d., the largest Slovenian surveying company for 4.5 million euros,[1] ProCaptura, the Norwegian producer of advanced large format scanners, and Zenit, the largest Macedonian geodetic company.[2]

In February 2010 the European Bank for Reconstruction and Development (EBRD) announced the acquisition of a 9.6% share of Geofoto for 4 million euros,[3][4] estimating the value of the company to 42 million €, and projecting its increase to 230 million € in seven years.[5] In March 2013, the EBRD has filed a petition for bankruptcy against the company.[6]

Fleet and technology[edit]

For aerial survey purposes, the company owns four aircraft equipped with Vexcel UltraCamX digital cameras and a LiDAR mapping system IGI LiteMapper 6800-400:

Awards[edit]

Geofoto is recipient of several awards in business, technology and humanitarian work. The notable awards include:

References[edit]

External links[edit]