"Hungária" chemical and metallurgical plants r.-t.
The first factory belonging to the company was founded in 1890, which was named the Hungarian General Sulphuric Acid and Fertilizer and Chemical Industry Joint Stock Company. The Hungarian Commercial Bank of Pest and the Anglo-Austrian Bank played a significant role in its foundation.
The company's name was changed to Hungária Műtrágya-, Sulphuric Acid and Chemical Industrial Joint Stock Company as early as 1892. At the turn of the century, it had sites in Zsolna and Pápa.
In 1907 the company founded the Fertilizer Sales Cooperative. In 1908, Klotild, together with the first Hungarian chemical joint-stock company "Klotild" and the chemical joint-stock company "Danica", bought Joh. Heilinger & Go.'s sulphuric acid and fertiliser factory in deutschwagram, which was converted into a joint stock company. Also in the same year, the joint-stock company established a hydrochloric acid plant at the Zsolna site.
Although the common market fell apart after the First World War, following the break-up of the Austro-Hungarian Empire, the Hungarian pharmaceutical industry underwent spectacular development from the 1920s onwards. Hungary had the most advanced pharmaceutical industry among the successor states of the Monarchy: while before the war some of the medicines had to be imported, after the war Hungarian companies were able to produce significant quantities for export.
The company's operations were linked to those of Chinoin in the early 1920s. In 1922, Hungária acquired the majority of Chinoin's shares. Hungária was then three times the size of Chinoin and had close links with a Belgian company and an Austrian chemical group. At that time, it was mainly producing inorganic chemicals, both for domestic agriculture and for export. Using the influence conferred by its majority shareholding, Hungária imposed its will on Chinoin: it obliged it to increase its domestic turnover and reduce exports abroad.
In 1925, together with other factories, he founded the "Superphosphate" Fertilizer Distribution and Sales Joint Stock Company. At that time, he was in a joint venture with the Chinoin pharmaceutical and chemical products factory at Aussiger Chemische Verem and the "Patria" butchers and butchers' bone processing and fertiliser factory.
On May 25, 1928, it merged with the First Pest Spodium and Pasteur Factory Joint Stock Company. Partly due to his involvement in this field, he terminated his contract with Chinoin in 1927-1928. The sale of the shares was linked to the deterioration of Hungária's relationship with Chinoin.
In 1932, the superphosphate fertilizer plant could not be kept in operation, so the remaining stocks were sold.
In 1934, he bought the Magyaróvár Superphosphate and Sulphuric Acid Factory. In 1936 the company's Illatos Road site was built.
On 31 December 1941, it absorbed the Phönix Sulphuric Acid and Chemical Products Factory Joint Stock Company and the Metallurgical, Chemical and Metal Trading Joint Stock Companies of Nagybánya and Metallochemia.
Most of the factory was destroyed during the Second World War. The company was nationalised in 1949 and split into several companies (Budapest Chemical Works, Metallochemistry). From the 1960s until the 1980s, the company also produced pesticides.
By 2003 the company was sold in its entirety and bought by CF Pharma. Production still takes place in some of the former factory buildings.
Sources
Hungarian Compass 1890-1943/1944.
Press material 1890-1943/1944.
Antal Antalné Sipos - Géza Bencze - István Bikki - Dezső Korbonits 2006: the story of Chinoin, an ever-renewing company. Chinoinoino, a never-changing story of Chinoinoino.
Founded in 1890
Date of cessation: 1948
Founders: Hungarian Commercial Bank of Pest, Anglo-Austrian Bank
Securities issued:
| "Hungária" chemical and metallurgical plants r.-t. |
Decisive leaders:
1898-1906 | Ágoston Kohner |
1907-1925 | Adolf Kohner |
1927-1929 | József Benes |
1930-1934 | János Teleszky |
1934-1937 | Sándor Fleissig |
1938-1943 | József Benes |
Principal activities: fertilisers, sulphuric acid, nitric acid, hydrochloric acid, copper glycol, iron glycol, sulphate, etc.
Author: Róbert Szabó
Founded in 1890
Founders: Hungarian Commercial Bank of Pest, Anglo-Austrian Bank
Decisive leaders:
1898-1906 | Ágoston Kohner |
1907-1925 | Adolf Kohner |
1927-1929 | József Benes |
1930-1934 | János Teleszky |
1934-1937 | Sándor Fleissig |
1938-1943 | József Benes |
Principal activities: fertilisers, sulphuric acid, nitric acid, hydrochloric acid, copper glycol, iron glycol, sulphate, etc.
Main products are not set
Seats are not configured
Locations are not set
Main milestones are not set
Author: Róbert Szabó
"Hungária" chemical and metallurgical plants r.-t.
The first factory belonging to the company was founded in 1890, which was named the Hungarian General Sulphuric Acid and Fertilizer and Chemical Industry Joint Stock Company. The Hungarian Commercial Bank of Pest and the Anglo-Austrian Bank played a significant role in its foundation.
The company's name was changed to Hungária Műtrágya-, Sulphuric Acid and Chemical Industrial Joint Stock Company as early as 1892. At the turn of the century, it had sites in Zsolna and Pápa.
In 1907 the company founded the Fertilizer Sales Cooperative. In 1908, Klotild, together with the first Hungarian chemical joint-stock company "Klotild" and the chemical joint-stock company "Danica", bought Joh. Heilinger & Go.'s sulphuric acid and fertiliser factory in deutschwagram, which was converted into a joint stock company. Also in the same year, the joint-stock company established a hydrochloric acid plant at the Zsolna site.
Although the common market fell apart after the First World War, following the break-up of the Austro-Hungarian Empire, the Hungarian pharmaceutical industry underwent spectacular development from the 1920s onwards. Hungary had the most advanced pharmaceutical industry among the successor states of the Monarchy: while before the war some of the medicines had to be imported, after the war Hungarian companies were able to produce significant quantities for export.
The company's operations were linked to those of Chinoin in the early 1920s. In 1922, Hungária acquired the majority of Chinoin's shares. Hungária was then three times the size of Chinoin and had close links with a Belgian company and an Austrian chemical group. At that time, it was mainly producing inorganic chemicals, both for domestic agriculture and for export. Using the influence conferred by its majority shareholding, Hungária imposed its will on Chinoin: it obliged it to increase its domestic turnover and reduce exports abroad.
In 1925, together with other factories, he founded the "Superphosphate" Fertilizer Distribution and Sales Joint Stock Company. At that time, he was in a joint venture with the Chinoin pharmaceutical and chemical products factory at Aussiger Chemische Verem and the "Patria" butchers and butchers' bone processing and fertiliser factory.
On May 25, 1928, it merged with the First Pest Spodium and Pasteur Factory Joint Stock Company. Partly due to his involvement in this field, he terminated his contract with Chinoin in 1927-1928. The sale of the shares was linked to the deterioration of Hungária's relationship with Chinoin.
In 1932, the superphosphate fertilizer plant could not be kept in operation, so the remaining stocks were sold.
In 1934, he bought the Magyaróvár Superphosphate and Sulphuric Acid Factory. In 1936 the company's Illatos Road site was built.
On 31 December 1941, it absorbed the Phönix Sulphuric Acid and Chemical Products Factory Joint Stock Company and the Metallurgical, Chemical and Metal Trading Joint Stock Companies of Nagybánya and Metallochemia.
Most of the factory was destroyed during the Second World War. The company was nationalised in 1949 and split into several companies (Budapest Chemical Works, Metallochemistry). From the 1960s until the 1980s, the company also produced pesticides.
By 2003 the company was sold in its entirety and bought by CF Pharma. Production still takes place in some of the former factory buildings.
Sources
Hungarian Compass 1890-1943/1944.
Press material 1890-1943/1944.
Antal Antalné Sipos - Géza Bencze - István Bikki - Dezső Korbonits 2006: the story of Chinoin, an ever-renewing company. Chinoinoino, a never-changing story of Chinoinoino.