In 1997 as a result of privatisation ELEKTRIM S.A., Warsaw became an owner of 70% of company's shares. The same year ELEKTRIM decided to form a capital group Elektrim-Motor on a basis of domestic manufacturers of electric motors, including also Besel, Indukta and Celma.
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It all started more than 100 years ago. In 1893 August Frede founded a company which manufactured machinery and equipment primarily for agricultural purposes. Above all, this included centrifuges and pumps. Tradition has it that the first, or rather one of the first milking machines ever made was designed and manufactured by Condor. |
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