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this company was set up in 1941 and started work as a maker of different types of machines (presses, lathes, etc.) as well as accessories (dog chucks for lathes, clamps, etc.). from 1946 it went into exclusive specialisation in different sorts of milling machines (small and medium-sized bench, vertical and universal types).

in 1961 it started to export its goods, and has given greater and greater stress to this facet of its work, to the extent of reaching an average export rate of over 70% of its total production in recent years.

"malac" and "milko" are registered trademarks of this firm. its products are sold through distributors in many countries, with some of its main customers being european union businesses, and others in africa, latin-america and asia.