1920
Beginnings
Palma Group a. s. continues in the tradition of industrial production of vegetable oils and fats dating back to 1920. Gradual restructuring led to the present day form of the company.
History
1935
OLEA and Lovosická a.s.companies
The beginnings of industrial production of oils and fats date back to 1920 and they are associated with OLEA company based in Bratislava. After its dissolution it was replaced by Lovosická a.s. company.
1945
Bratislava Joint-stock Company
After the WW II Bratislava Joint-stock Company aimed at the production of edible vegetable fats and oils became its successor in 1945.
1946
Bratislava Fat Factories
After expropriation on January 1, 1946 a new entity was established - Bratislava Fat Factories, a state-owned enterprise comprising also Považská Vegatable Fat Factory in Nové Mesto nad Váhom.
1948
Three Limes
After expropriation in 1948 Three Limes - Slovak Chemical Industry, limited partnership company based in Šenkvice was affiliated to the Bratislava Fat Factories, a state-owned enterprise.
1958
PALMA fusion
A state-owned enterprise PALMA based in Bratislava was established in 1958 by a fusion of Bratislava Fat Factories, a state-owned enterprise and the companies PALMA Nové Mesto nad Váhom and PÓLIO based in Košice.
Bratislava Factory
Bratislava Factory specialized in oil seed processing, production of semi-finished products and edible vegetable fats and oils, fats for wholesale customers and oil seed grist used as animal feed.
Nové Mesto nad Váhom Factory
Nové Mesto nad Váhom Factory specialized in the production of soaps, laundry soaps, cleaners and detergents.
Šenkvice Factory
Šenkvice Factory was affiliated to Bratislava Fat Factories already in 1948 and it produced fats for compound feeds for feed and dairy industry and the edible oil filling plant started to operate here.
1960
Refurbishment
The facility producing vegetable oils and fats underwent the first refurbishment already in 1950-1953, another refurbishment started to take place in 1960. Refurbishment contributed to an increased edible oil production.
1965
Automation
The first automatic line in Slovakia was installed in Palma Bratislava in 1965.
1989
Palma Factories
Palma comprised six factories: 01 - Palma Bratislava 02 - Palma Nové Mesto n. Váhom 03 - Palma Šenkvice 04 - Bratislava Cosmetics 05 - Hlohovec Cosmetics 06 - Levice Cosmetics
Market economy
Within a very short space of time there was a fast growing competition, decline of tariff and non tariff protection of the Slovak market, temporarily decreased economic growth of the Slovak economy and change in consumer behaviour.
1990
HENKEL - PALMA s.r.o.
Two cosmetic factories based in Bratislava and Levice emerged from the former state-owned enterprise. On October 1, 1991 the joint venture HENKEL - PALMA s.r.o. was established. The company is based in Bratislava and it produces cleaners and detergents.
1991
PALMA-TUMYS Bratislava
The joint-stock company was established on December 27, 1991. Besides Bratislava Factory it comprised Šenkvice and Nové Mesto nad Váhom factory.
PALMA - AGRO Sečovce a.s.
Palma-Tumys a.s. Bratislava founded also the joint venture PALMA - AGRO Sečovce a.s. processing the basic raw materials i.e. rape and sunflower to crude oils further processed in the Bratislava refinery.
2004
Technical development
Launching rapeseed oil methyl ester production, launching PET bottle production line, erection of fat pre-esterification facility, purchase of PMD premises .... The company received the Slovak Chamber of Commerce and Industry Honorary Certificate for business ethics.
2008
Slavia Capital
In January 2008 the major and final step took place, the acquisition of the company PALMA - TUMYS a.s. Bratislava by SLAVIA CAPITAL Group. Consequently on July 1, 2008 a merger of PALMA-TUMYS a.s. Bratislava and PALMA Group a. s. took place and the company started to operate under a business name of PALMA Group a.s.
2016
Present
Today PALMA a. s. is a stable and strong organization maintaining the strong position on the Slovak and foreign markets. The company constantly innovates its portfolio, improves its sale, distribution and service system and presents itself as the best product supplier and the reliable business partner.
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