When the company Kovan was founded in 1996, it only had three employees and the excellent idea that our future lies in renewable sources of energy. When we started with our production, biomass pellets were unknown on market. Kovan employs over 200 employees and achieves an average annual growth rate of 5-10%. The main activity of our company is the manufacturing of products for heating of residential, business, and industrial buildings using only renewable sources of energy (biomass pellets and solar energy), planning, and construction of complete lines for pellet production – Turnkey solution.
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KOVAN Questions
The KOVAN annual revenue was $18.7 million in 2026.
3 people are employed at KOVAN.
KOVAN is based in Gracanica, Federation of Bosnia and Herzegovina.
The NAICS codes for KOVAN are [45, 453, 459, 45321, 453210, 4532].
The SIC codes for KOVAN are [511, 59, 594, 51].
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