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Graboplast About us History
The history of our company

Oratorony
Our company is a definitive one in Gyõr's and Hungarian industrial history, which has seen serious transformation and crisises and has always been able to rebuild and succeed.

 

Our company has been kept alive by its individual product quality and the determination of its workers and stopped from collapsing during the World Wars, economic depression and the different political and social shocks.

 

Graboplast Plc's present history is about the company's rise, which has been going on for years now. The company's success and development are undoubtable.

 

The present principle of our company is growth and competitiveness and complying with EU requirements as well as challenges of the global market.

 

 

 

 

 

 

 

1905
Miksa Grab and Sons founded a factory for the production of leather cloth, oil cloth, and linoleum flooring
1948-50
Nationalisation of factories
1959
First major investment.
Start of foamy PVC artificial leather production
1961
Start of floor covering production
1969-72
New development aim: Non-woven textile production
The name "Graboplast" is taken up
Major investment program: new artificial leather plant, finishing plant
1980
Installation of two toll and modern warehouses
1988
Foundation of companies as Grabo-Group
1989
Launching sole entitlement foreign trade
1990
Graboplast Rt. (shareholding co.) was established with 30% western capital
1991
Rearrangement of the whole of the Plc. by Austrian organisers and development of profit and budgetary centers.
Creation of Grabotext Plc. subsidiary company with 100% Plc. status.
1994
Listing on the Stock Exchange.
1995
Capital Increase
1996
Start of HOLDING activity
Kesztölc Wallpaper Factory - Acquisition
Capital increase
1997
Acquisition of the Parquet Factory in Kecskemét Capital increase
1998
Establishment of the Grabofloor Ltd.
Building of the plant producing 4m wide floorcovering in Tatabánya
Financial losses, Russian market changes
1999
Stabilisation
Working out of new strategies.
2000
Green site investment of the parquet production line in Kecskemét.
Sale of the 74.9% ownership stake of Uniontext Plc to Albertfalvi Cérnázó Plc.
Wallis Co. Ltd acquired a 25.1% ownership stake in Graboplast Co. Ltd.
2001
ABC Co. Ltd made a public takeover offer.
Delisting of Graboplast Co. Ltd from the Stock Exchange at the end of the year, its majority owner become (through ABC Investment Co. Ltd) the Wallis Ltd.
2002
The wallpaper producing Grabetta-Keszta LLc. and the non-woven textile producing Grabotext Llc. merged in Grabo LLc.
2004
Investment to enlarge capacity of residential floorcovering production.
The non-woven textile production and Sotex Rt. are sold.
2005
Investment to enlarge capacity of parquet production.
Graboplast reaches it's hundredth year.
2006
Subsidiaries (Grabo Kft, Grabofloor Kft, Graboparkett Kft, Gif Kft) merge with Graboplast Ltd.
2007
Wallpaper production is sold
2008
New mixing plant investment 10M EUR
2011
Preparatory work on waste recycling investment project has begun with operational experiments
2013
The waste-recycling investment in Tatabánya worth over 800 million forints has been completed
2014-15
Graboplast obtains a completely new unique image
Preparations for the design floor investment in Tatabánya, organization of construction and financing
2016
Launch of the Grabo Design flooring factory in Tatabánya, expansion of the Parquet factory in Kecskemét
 
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