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HISTORY

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1932
Bituminous Paper Trading & Custom clearance services

1940
Investment and Operation of a complex of Bituminous Paper and Asphalt Membranes production on the coastal avenue of Moschato.

1957
Establishment of the factory of Reinforced Plastics, 26 Piraeus str. For the production of Fiber Glass and Polyester roofing sheets, plastic boats and plastic doors.

1957
Creation of a Motor Oil Production Unit (revitalization).

1960
Establishment of Hermichrom. Factory for the production of decorative paints VITEX, new plant in the industrial zone of Piraeus, 45 Thessalonikis str. and 24 Piraeus Av.

1965
Á. Transfer of Hermes Factory for the production of bituminous paper and asphalt membranes from the coastal avenue of Moschato to the building complex at 45 Thessalonikis str. and 24 Piraeus av.
Â. Expansion of the building and the mechanical infrastructure for the production of enamel paints VEROLAC, LUSSOLAC enamel, substrates etc.

1970
Merger of Hermes and Hermichrom companies to a Societe Anonyme under the brand name of Yannidis Bros S.A Hermes - Hermichrom.

1971
Creation of TYZOL factory in Moschato for the production of Expanded Polystyrene.

1972
Construction of a new factory in Aspropyrgos for the production of asphalt emulsions, enamels and oxidized asphalt.

1973
Establishment of shipping companies under the names: GOLD MARINE and YANNIDIS BROS S.A.

1979
Á. Establishment of VEPO S.A, producing polymer dispersions (PVA-VEOVA, Acrylics) used as raw materials in the production of waterbased paints.
Â. Acquisition of VETROZIL at Schimatari, 63 km National Rd Athens - Lamia for the production of Felt Glass.
C. Establishment of YANLACK S.A in Moschato. Representative in Greece of SPIES HECKER (DUPONT) Germany, ITW DEVILBISS United Kingdom, FARECLA United Kingdom, MIRKA Finland.

1980
Transfer and modernization with new machines of the Bituminous paper-asphalt membranes factory to its new building complex at Aspropyrgos.

1985
End of activity of motor oils.

1986
A. Withdrawal from the maritime sector.
B. Acquisition of TZEMA Co. factory of minerals in Aspropyrgos.

1987
Acquisition of the Papapetrou Marbles Company situated at 22 Piraeus and 37 Thessalonikis str.

1987
Acquisition of SYNTEX S.A paint industry in Aspropyrgos. Produces decorative paints, marine paints, automobile refinishing, aircraft and industrial paints.

1990
A. Acquisition of can making industry ELVA to produce the group's paint containers.
B. Establishing of the new company EUROPANEL S.A at Schimitari for the production of panels for freezers, buildings etc.

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