History
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1965 |
Establishment of the Varnish and Paint Enterprise Bucharest, supplier of the national motor vehicle, furniture and electronics industries. |
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1973 - 1974 |
Expanding of the productive capacities of the Varnish and Paint Enterprise by making operational the manufacturing capacities for synthetic resins, for paints destined for export and by setting up a factory for varnishes and nitrocellulose paints. |
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1976 - 1990 |
The Varnish and Paint Enterprise becomes the sole producer of epoxidic resins destined to the chemical, construction and electronic industry as well as the sole producer of varnishes for auto OEM (Original Equipment Manufactory). Also, it is the first producer of nonsaturated polyester resins destined to the construction sector. |
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1990 |
The Varnish and Paint Enterprise becomes a public limited company named Policolor S. A. |
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1992 |
Implementation of a program destined to re-technologize the Policolor company. |
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March 12 1997 |
The shares of Policolor S. A. are listed at the Bucharest Stock Exchange. |
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1997 |
Conclusion of the privatization process of Policolor; The Romanian Investment Fund acquires the majority stock of Policolor therefore owning 29.2%; The Romanian Enterprise Fund owns 27.3%, the Societe Generale Fund – 11.3% and the Romanian Investment Company – 9.9%; |
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1997 |
The Romanian Society for Quality Assurance grants to Policolor the quality certificate at national level according to the standard SR EN ISO 9001/1995. |
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1998 |
Policolor acquires the majority stock of Orgachim, the biggest varnish and paint Bulgarian producer. |
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1998 |
Reorganization of the product portfolio and its enlargement by new products destined to the new market segments. |
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1998 |
Implementation of the Environment Management System. |
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1999 |
Launch of the brand SPOR. The company's sales increased from 100 tons in 1998 to about 2,000 tons in 1999. |
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2000 |
The Bucharest Inspectorate for Environment Protection grants to Policolor the Environment Recommendation subsequently the investment of over USD 180 thousand in protection systems against environment pollution. |
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2001 |
Launch of five more varnish and paint brands. |
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2001 |
Policolor is granted the International IQNET certification for its Quality Management System. |
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2002 |
Launch of the first image campaign of the brand Policolor and at the same time the first image campaign in the Romanian varnish and paint industry. |