Horváth M. Ferenc (szerk.): Vác The heart of the Danube Bend. A historical guide for residents and globetrotters (Vác, 2009)

Tartalom

VÁC IN THE 20TH CENTURY

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cant. In 1920 out of 942 private enterprises 618 operated without any apprentices, and a further 317 had fewer than 20 employees. There were only seven firms in the town employing more than twenty workers. The craftsmen were united by the Vác and Region Trade Association.

Due to the industry policies of the town leaders more and more factories settled in the town. Even in 1943 15 factories were looking for premises, and four were built in spite of the wartime conditions. The town subsidized the construction of flats for workers as well. Between the two world wars several factories started to operate here, such as the cement plant in 1919, Vác Vinegar Ltd in 1921, Kodak Ltd'm] 922, the Vác Limesand and Brick Factory, the re-established Budinszky-Bódenlosz Iron Foundry

and Radiator Factory, the Globe Stockings Factory in 1923, the Vác Sp/nn/ng Focfory in 1927, Nándori’s, later Szántó and Nándori's Cylinder Mill in 1928, the Salzmann and Co Ltd Spinning Factory i n 1933, the Neumann and Co Lining-Weaver Factory in 1935, János Hamerli's Leather Factory and Pál Halmi’s chemical plant in 1943.

The factories and firms in Vác were partly founded by foreign capitalists. The Zinc Rolling Mill Ltd became a Hungarian Joint Stock Company in 1923, before that it had been a subsidiary of some foreign concerns. The Vác Spinning Factory was founded by two Swiss families of Czech-German origin, while the Lining-weaver Factory was established by a Czechoslovak firm. The most significant investment was also of foreign, namely

28 April 1922 - Regent Miklós Horthy's visit to Kodak Factory