“M&TC “GRODES” Ltd. was registered in 1998 as a jewelry wholesale company. The business was an intermediary service between small-scale manufacturers and established jewelry stores.

In the August crisis of 1998 many companies ceased trading, and established relationships with existing stores were destroyed. From this point onwards, the company began an active search for new business direction, a new place in the market and a new business strategy. In 2000, as a result of this search, we established a small new manufacturing company, specializing in ‘stamped jewelry’ production.