Hungarian ceramic factory ltd
The Hungarian Ceramic Factory Ltd. (also known as the Hungarian Ceramic Factory Ltd.) was founded in Budapest in 1891 with the aim of producing ceramite, i.e. ceramic stones and tiles for paving and edging, which were already covered by foreign patents in Hungary. Ceramite was a special process for paving urban roads in the late 19th century, usually in the form of a yellow 'cube' the size of a small brick. It is still found in many places in Budapest, especially in and around the historic city centre.
The company was founded by Dr. Tivadar Gombár Tivadar, Ottó Rost, Sebestyén Hirsch and Lajos Tolnay, who then took the seats of the board of directors, with the financing of the Wiener Bankverein and the Anglo-Austrian Bank. The company's headquarters were first at 24 Erzsébet-körút and then at 30 Andrássy út, and its premises were in Kőbánya on Maglódi út, next to the breweries and the Kőbánya Steam Brickworks. The company had a share capital of HUF 200 000. However, their range of products was not limited to ceramite products, but also included all kinds of raw materials for the construction and insulation of furnaces and boilers, as well as refractory bricks.
Later, Ottó Rost, who worked in the factory, also perfected the production of ceramite, and the chemical experiments of General Artúr Görgey (1848-1849), who carried out his experiments during his exile after the War of Independence, are not negligible. The new process was finally registered as patent No 7870 on 30 January 1904.
Founded in 1891, the first period of the company's operation was a very successful one. The company's profits rose to 17,000 forints in 1893, its second full year of business, and then exceeded 45,000 forints in 1894, 60,000 in 1895 and 150,000 in 1896, while the plant continued to expand and the share capital had reached 1,000,000 forints by that time. In the years that followed, the plant produced 25 million bricks a year by 250 skilled workers and 450 day labourers. The success was so great that the Hungária brickworks, a potential competitor, was acquired in 1895, thus securing the company's raw material needs through its quarry in Kőbánya. In 1899, profits reached HUF 313 588, with a capital of HUF 1 500 000. The company then had a few more successful years, for example in 1900 with a profit of K 302 128, but as competitors (such as asphalt producers) entered the market selling new technologies, the Ceramics Factory's results began to deteriorate and in 1902 the company closed with a loss of K 185 796.
At the same time, the management managed to find new markets and put the company back on a profitable track, making a substantial profit of around K300 000 a year until the First World War.
The war and the hyperinflation that followed did not spare the Ceramics Factory, which, like other companies in Hungary, lost a significant part of its market after the Treaty of Trianon.It is no coincidence that in the 1920s it was forced to operate as a subsidiary of Salgótarján Kőszénbánya Rt., although the company, consolidated with 640 000 penguin, was still able to make a profit, while they also expanded their products with decorative ceramics. By the end of the 1920s, the company was back on its feet again, and then came the Great Depression, after which the years were again difficult. Unfortunately, the company's development then took off in 1941, when new investments increased the share capital to 800 000 pence.
After the war, the company was nationalised by Government Decree No. 3500/48, and continued to operate under the name of the Ceramic Refractory Plant.
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Founded in 1891
Date of cessation: 1948
Founders: Wiener Bankverein and Anglo-Austrian Bank
Decisive leaders:
1891-1915 | Lajos Tolnay |
1917-1933 | Baron Adolf Kohner |
1934-1940 | Dr Brückler Artur |
1941-1946 | Jenő Nelky |
Main activity: manufacture of ceramics, other paving and ceramic products
Main products are not set
Seats are not configured
Locations are not set
Main milestones are not set
Author: by Dr. Márton Pelles
Founded in 1891
Founders: Wiener Bankverein and Anglo-Austrian Bank
Decisive leaders:
1891-1915 | Lajos Tolnay |
1917-1933 | Baron Adolf Kohner |
1934-1940 | Dr Brückler Artur |
1941-1946 | Jenő Nelky |
Main activity: manufacture of ceramics, other paving and ceramic products
Main products are not set
Seats are not configured
Locations are not set
Main milestones are not set
Author: by Dr. Márton Pelles
Hungarian ceramic factory ltd
The Hungarian Ceramic Factory Ltd. (also known as the Hungarian Ceramic Factory Ltd.) was founded in Budapest in 1891 with the aim of producing ceramite, i.e. ceramic stones and tiles for paving and edging, which were already covered by foreign patents in Hungary. Ceramite was a special process for paving urban roads in the late 19th century, usually in the form of a yellow 'cube' the size of a small brick. It is still found in many places in Budapest, especially in and around the historic city centre.
The company was founded by Dr. Tivadar Gombár Tivadar, Ottó Rost, Sebestyén Hirsch and Lajos Tolnay, who then took the seats of the board of directors, with the financing of the Wiener Bankverein and the Anglo-Austrian Bank. The company's headquarters were first at 24 Erzsébet-körút and then at 30 Andrássy út, and its premises were in Kőbánya on Maglódi út, next to the breweries and the Kőbánya Steam Brickworks. The company had a share capital of HUF 200 000. However, their range of products was not limited to ceramite products, but also included all kinds of raw materials for the construction and insulation of furnaces and boilers, as well as refractory bricks.
Later, Ottó Rost, who worked in the factory, also perfected the production of ceramite, and the chemical experiments of General Artúr Görgey (1848-1849), who carried out his experiments during his exile after the War of Independence, are not negligible. The new process was finally registered as patent No 7870 on 30 January 1904.
Founded in 1891, the first period of the company's operation was a very successful one. The company's profits rose to 17,000 forints in 1893, its second full year of business, and then exceeded 45,000 forints in 1894, 60,000 in 1895 and 150,000 in 1896, while the plant continued to expand and the share capital had reached 1,000,000 forints by that time. In the years that followed, the plant produced 25 million bricks a year by 250 skilled workers and 450 day labourers. The success was so great that the Hungária brickworks, a potential competitor, was acquired in 1895, thus securing the company's raw material needs through its quarry in Kőbánya. In 1899, profits reached HUF 313 588, with a capital of HUF 1 500 000. The company then had a few more successful years, for example in 1900 with a profit of K 302 128, but as competitors (such as asphalt producers) entered the market selling new technologies, the Ceramics Factory's results began to deteriorate and in 1902 the company closed with a loss of K 185 796.
At the same time, the management managed to find new markets and put the company back on a profitable track, making a substantial profit of around K300 000 a year until the First World War.
The war and the hyperinflation that followed did not spare the Ceramics Factory, which, like other companies in Hungary, lost a significant part of its market after the Treaty of Trianon.It is no coincidence that in the 1920s it was forced to operate as a subsidiary of Salgótarján Kőszénbánya Rt., although the company, consolidated with 640 000 penguin, was still able to make a profit, while they also expanded their products with decorative ceramics. By the end of the 1920s, the company was back on its feet again, and then came the Great Depression, after which the years were again difficult. Unfortunately, the company's development then took off in 1941, when new investments increased the share capital to 800 000 pence.
After the war, the company was nationalised by Government Decree No. 3500/48, and continued to operate under the name of the Ceramic Refractory Plant.
Sources: