HISTORY

1990 Gemaco founded with a capital of € 625.

1992 Capital increase to € 43,750.00

1996 Expansion of activities on European markets. Gemaco becomes establishes itself as a successful and flexible player, providing factory shutdown services and making emergency deliveries. The company expands and takes part in a number of trade fairs and exhibitions, including PETROLE-EXPO and CHAUDRONNERIE/ESOPE in France, ACHEMA & TUBE in Germany, DUPLEX & STAINLESS STEEL WORLD in the Netherlands and DUPLEX in the U.S.A.

2002 Opens premises on the Hauts-Sarts industrial estate, with easy motorway access; acquires an industrial building with 650 m2 of office space, 1,600 m2 of covered, heated storage and 12,000 m2 of surface area.

2003 Capital increase to € 124,000.00

2005 Gemaco invests around € 550,000 in the renovation of the building, as well as in infrastructure and equipment.

2007 New investments in renovation (part two), around € 200,000

2008 Willing to offer a better service to its customers, GEMACO has now purchased an PMI analyser (Positive Material Identification)