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YIOULA's history begins a long time ago, when Mr. Kyriakos Voulgarakis and his brother Mr. John Voulgarakis decided
to establish a company in 1947. Its principal activity was the manufacturing of handmade glass tableware products.
The main components of its structure were traditional 'artistry' (since Mr. Kyriakos Voulgarakis was a glass-blower
craftsman) and a small furnace. In 1947, the company was only one out of fifty (50) producing hand-blown glass in Hellas.
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| 1958 |
YIOULA was incorporated (S.A.) with an initial share capital of € 35,950 while its personnel
exceeded the 1,000 persons.
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| 1969 |
Automization of production has started; however, part of it remains traditional (hand-blown glass).
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| 1974 |
Following an ambitious investment plan in the technological and mechanical sectors, the company achieved
a 100% increase in production capacity. Emphasis is now given on the production of glass containers for
the food and drinks packaging industries.
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| 1974-1980 |
Constant investment and technological improvements. Focus shifts on continuous human resources training
and management team upgrading. YIOULA's ascend in the glass market continues fast and its market share
is constantly increasing.
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| 1981 |
A new 200-ton-per-day glass-melting furnace is inaugurated.
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| 1985 |
For the first time since its establishment, YIOULA is the market leader; its annual turnover surpasses
that of any other competitor. From 1985 until 1986, the hand-blown glass production ceases gradually
and shifts to full production automization.
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| 1993 |
YIOULA acquires CRONOS GLASSWORKS S.A. which manufactures glass tableware (glasses, vases, jugs, ashtrays, etc).
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| 1997 |
Having stabilized its leading presence into the Hellenic market, YIOULA now expands to the Balkan region
by acquiring STIND A.D., a Bulgarian glass production factory based in Sofia.
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| 1998 |
Acquisition of another Bulgarian industry, DRUJBA A.D., situated in Plovdiv, Bulgaria.
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| 2002 |
A new commercial company is established in Bucharest, under the name YIOULA ROMANIA.
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Trade co-operation with GLASS CONTAINER COMPANY OF MOLDOVA in terms of promotion and distribution
of the group products to the markets of Moldova and Ukraine.
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| 2003 |
YIOULA's production presence expands even more to the Balkan region, after the acquisition
of STIROM S.A. one of the biggest glass industries in the area.
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The two Bulgarian companies are merged into one, under the name DRUJBA S.A., aiming at improved productivity,
synergies and economies of scale.
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Following the same philosophy, the two Hellenic companies, YIOULA and CRONOS are merged, under the
common name YIOULA GLASSWORKS S.A.
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| 2004 |
A "newcomer" is welcomed to the Group: New Glass S.A., that was part of the previous KITKA industrial
territory. Based in Novi Pazaar, Bulgaria, NEW GLASS will be exclusively producing for the Tableware Market Segment.
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| 2005 |
Acquisition of BIOMESDKLO a Ukrainian Company based in Zhitomir. BIOMEDSKLO produces glass containers
(bottles and jars), and also pharmaceutical glass (vials, ampouls, ...)
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Few months further one, another Ukrainian Company comes to join the big Yioula Family.
BUCHA GLASSWORKS S.A. is based in the Bucha region of Kiev and specializes in the production of glass
containers and figured/textured glass.
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