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MAGMA
February 23, 1996
A Latvian family establishes wholesale company SIA MAGMA to bring the best available mixer taps to the market
A FORD TRANSIT van is the company’s point of sale and office
The first order is 98 mixer taps from Italy
year 1997
The company begins to rent commercial space of 100m² at 2 Katrinas Street
The company’s staff increases to four
year 1998
Turnover in the second year of operation increases several times
The company starts using an accounting program
year 2001
The company buys pre-renovated warehousing facility in Riga, 18a Katrīnas Dambis Street
Construction of showroom-store gets under way
year 2004
The company purchases workbenches and equipment for manufacture of flexible hoses
Materials shipped from Italy – stainless steel (AISI 304) tubes and EPDM rubber that is suitable for portable water
Assembly parts are made of brass (CW 617N)
year 2005
On November 18, the Independence Day of Latvia, the company’s 400 m² showroom opens
Offices are moved to 18 Katrīnas Dambis Street
SIA MAGMA starts to make flexible hoses
year 2006
The company sells mixer taps of different brands popular in Europe and Asia
Mixer taps shipped from more than 13 countries
The company now has an extensive catalog of sanitary products
year 2007
MAGMA in Pētersala expands to 5614 m²
The company begins looking for partners in Estonia
year 2008
The company commences exports to Estonia
year 2009
The company enters new business areas, assembles mixer taps
Parts from different manufacturers, thinking through and testing each new product
Mixer taps are assembled pursuant to the LVS EN – 817:2008 standard, verified by SIA Inženierekspertīžu Сentrs (Engineering Assessment Center) of Latvia University of Agriculture
The mixer taps are now in ECO packaging that dissolves after use
Customers are offered civil liability insurance
year 2012
The company begins shipping products to Lithuania
year 2014
Creditreform rates SIA MAGMA as a credible and reliable cooperation partner
The State Revenue Service regularly honors the company as an exemplary taxpayer contributing to the economic development of Latvia
year 2016
The company participates several international fairs
Commences export of mixer taps
year 2017
The company adopts a quality management system to ensure swift communication with customers and quality customer service
The company begins developing the first shower to be assembled in Latvia
Employs more than 40 industry professionals
The company supplies products to 450 regular customers – stores that specialize in sale of plumbing and household goods, assembly companies
MAGMAvideo
sand animation about MAGMA history
part one
part two
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