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1937 1979 2015<br />
1994<br />
In this year the privatization<br />
process was finalized and company<br />
NAREX BYSTŘICE s.r.o., which is<br />
known today, was formed. Up<br />
until know the company remains in<br />
100% Czech ownership.<br />
<strong>2017</strong><br />
Our company currently ranks itself<br />
among major international hand tools<br />
producers. Based in the same location<br />
where Václav Richter started almost<br />
100 years ago, our 120 employees make<br />
more than 1,600 items, from which 60%<br />
is being exported all over the world.<br />
1989 2007<br />
This year meant not only political changes, but<br />
also changes within the national company Narex<br />
Praha. Individual plants gained independence and<br />
were turned into public limited companies. The<br />
plant in Bystřice became Narex Bystřice a.s.<br />
The most successful business year in new<br />
era of the company, when the annual<br />
turnover reached nearly 100 mil. CZK.<br />
1988| Forging line 2007| First CNC grinding machines 2016| New power hammer<br />
5
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