!!!Mautner Markhof AG
Mautner Markhof AG, food and beverage company with headquarters in
Vienna. The company's history can be traced to Bohemia in the year
1690, while operations in Vienna started in 1840, when Adolf Ignaz
(see) Mautner leased the brewery of St. Marx. From 1850 dry yeast
production came to play an important role in the company side by side
with beer brewing; from the 1860s onward the company added to its
activities the production of spirits, an important product for the
liqueur industry. In 1913 the firm started producing vinegar, rum,
mustard, fruit syrups and horseradish preserves at its plant in
Vienna-Simmering, which has remained its headquarters to this day. In
the 1920s numerous molasses yeast factories were established in
successor states of the Austro-Hungarian monarchy. The factory in
Vienna was severely damaged during World War II. Reconstruction was
completed in 1950, when a new fermentation plant was opened. In the
20th century the two personalities which most influenced the
development of the family-owned enterprise were Manfred (see)
Mautner Markhof and Georg (see) Mautner Markhof. Non-voting
preference shares of Mautner Markhof AG have been listed on the Stock
Exchange since 1984. In 1992 the company went international (purchase
of Buszesz AG in Hungary, joint venture with Lesaffre company of
France). Since the 1990s the company has predominantly expanded in
Central and Eastern Europe, with subsidiaries in Hungary, Poland and
Croatia. In 1997 the marketing of spirits was spun off and the company
has since concentrated on mustard, vinegar, horseradish, fruit syrups
and salad dressings. Sales in 1998 amounted to ATS 757 million; in the
same year the company had 498 persons on its payroll. Marcus Mautner
Markhof (Georg Mautner Markhof's son) has been chairman of the board
since 1996.
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