Zakłady Przemysłu Bawełnianego „Frotex”
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| ISIN | 🆔 |
|---|---|
| Industry | Textile industry |
| Founded 📆 | 1845 |
| Founder 👔 | Samuel Fränkel |
| Headquarters 🏙️ | , , Poland |
Area served 🗺️ | |
| Products 📟 | Terrycloths |
| Members | |
Number of employees | |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
Zakłady Przemysłu Bawełnianego „Frotex” was a Polish textile manufacturing company based in Prudnik, Opole Voivodeship.
History[edit]
The history of Zakłady Przemysłu Bawełnianego Frotex S.A. began in the middle of XIX century, when Samuel Fränkel built linen fabric factory on the area of present Frotex in 1845. Soon his factory took over competitive, bankrupt company and became the monopolist in the region. The production of first terry fabrics and towels started in 1903. The 1st World War stopped dynamic growth of the factory, which products were known on German, English, French and American markets. By virtue of Nuremberg agreement company was taken over from inheritors of Samuel Fränkel in 1938, while they were forced to emigrate. After the 2nd World War the reconstruction of the factory were started and finished in 1949.
Since then has became long period of recovering to the former magnificence of the Company, now on the area of Poland. The Company was named "Frotex" in 1965. Next remarkable period in the history of Frotex began with implementation of numerous system and technological changes - modernization of Spinning Mill, Dyeing Plant, starting the newest technical line of unicolor towels and also opening the Purification Plant in 1992. Frotex was transformed into State Treasury Company in the same year. Frotex was joined to the General Privatization Program and included in the Second National Investment Fund in 1995. In 2002 the authorities of the 2nd National Investment Fund decided to sell majority shareholding to company named Frotex Management, that actually hold 72% of Frotex shares.[1]
References[edit]
- ↑ "Zakłady Przemysłu Bawełnianego Frotex S.A., ul. Nyska, Prudnik - dolny-slask.org.pl". dolny-slask.org.pl. Retrieved 2018-05-25.
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