|
1945
On 17 February, the state-owned Industrial Combine of Pärnu District (Pärnumaa Tööstuskombinaat), the predecessor of AS Viisnurk, was established by merging several small companies with the initial aim of producing fuel, footwear and furniture. However, the production traditions of the company are even longer - skis, for example, have been produced in Pärnu since 1939.
1962
The company was renamed into Viisnurk Wood-Processing Plant and it mainly produced furniture. In addition to that, plastic accessories for furniture and wooden and plastic household items were manufactured.
1968
The company expanded its activities and started to produce skis and softboards. The first export experience was gained by exporting wooden pegs to England, Canada, Italy, etc.
1990
The privatisation process of AS Viisnurk was initiated. By December, the company was among the first public limited companies to be established on the basis of a state-owned company. The share capital of the company was increased through equity financing and 27.4% of the company's shares were sold to private investors.
1992
After Estonia regained independence, the former principal market vanished within a few months and the company employing 1,200 people faced the question, "To be or not to be?".
1993
AS Viisnurk entered the Western market successfully: 75% of the total output was exported.
1994
An international negotiated tendering was announced for privatisation of 72.6% of the company's shares. AS VN Holding that was owned by Baltic Republics Fund, Prometheus Fund and Hansa Investeeringute AS and the executives of AS Viisnurk won the tender.
1995
In March, AS VN Holding and the Estonian Privatisation Agency signed the sales contract for privatisation of AS Viisnurk.
1997
Initial public offering of shares was held and since 5 June, the shares of AS Viisnurk have been listed in the additional list of Tallinn Stock Exchange.
1998
Hockey-sticks production was launched in Sports Goods Division.
1999
Forestry Centre (timber procurement and sawmilling unit) was formed, 50ha of new production territory was obtained.
2000
A quality certificate proving the conformity of the quality system with the international standard ISO 9001 was given to the Softboard Factory.
The new Wood Panel Factory was completed.
2001
The Furniture Factory was given an ISO 9001 quality management certificate by Det Norske Veritas, an international certification organisation
The Estonian Trade Promotion Agency of Enterprise Estonia gave AS Viisnurk the Entrepreneurship Award 2000 and the title of the Region´s Promoter 2000 for consistently significant economic results and investment in the environment and infrastructure.
2002
hockey sticks were first used at the Olympics and World Championship.
2003
OÜ Skano, the company owned by 100 percent of AS Viisnurk, was registered. Skano was established with the aim of enhancing the sales and marketing activities in the area of furniture production as well as offering new logistic solutions.
The affiliate company of Viisnurk AS, Skano OÜ, opened its shop at Järve Shopping Centre in Tallinn. The opening was a pilot project of the company in retail business.
2004
In February, the Wood Division of Viisnurk AS was closed.
In September, Viisnurk AS signed a contract with Desparo OÜ for selling the assets of the Wood Division.
The Sports Goods Division of Viisnurk AS was closed in October on the basis of the restructuring plans.
2005
On 15 September SIA Skano, which is a subsidiary belonging entirely to Skano OÜ that is the affiliate company of Viisnurk AS was registered in Latvia and a furniture store was opened in the shopping centre MC2 in Riga.
2007
*The foundation of a subsidiary UAB Skano LT was completed on April 27, 2007. The purpose of establishing UAB Skano LT was to start retail of furniture in Klaipeda, Kaunas and Vilnius.
* On June 19, 2007 OÜ Skano registered in the Ukraine subsidiary TOV Skano Ukraina. The purpose of establishing TOV Skano Ukraina was to start retail of furniture in bigger cities of the Ukraine.
* The division of AS Viisnurk was registered today, on 19.09.2007, in Pärnu County Court Registry Department.
2011
The affiliate company of Viisnurk AS, Skano OÜ, opened its shop at Rocca al Mare Shopping Centre in Tallinn
AS Viisnurk acquired a softboard factory on 25.05.2011 in Püssi
|