The story
The pewag group is one of the oldest chain manufacturers in the world and its history can be traced back to the 15th century. The operations of the group which occupies about 1,000 employees all over the world and references of a forging plant in Brückl, were first documented in 1479.
In 1787 a chain forge was founded in Kapfenberg and in 1803 another one was founded in Graz. About 30 years later an iron casting plant was established in Brückl and the first snow chain worldwide was produced.
After 10 years, the name “pewag” was created and at the same time, the plants in Graz and Kapfenberg were merged. In the seventies a sale company was founded, both in Germany and the United States.
In 1994, exactly one year since the establishment of the pewag Austria GmbH, the first subsidiary was founded in the Czech Republic. In 1999 the Weissenfels Group was acquired, which was separated again four years later. In 2005 the group was split into Schneeketten Beteiligungs AG, which is producing snow chains, and pewag Austria GmbH, which is manufacturing technical chains. In 2009 Chaineries Limousines S.A.S. was acquired.
From Wikipedia’s article on Pewag group, shared under CC BY-SA 4.0.5