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Group's history:

1992 - First step in producing cotton type yarns and starting of negotiations in order to create a new company together with MOLDOFIL SA Campulung Moldovenesc
1993 - ROMALFA S.A. Savinesti was established, its main activity being the selling of acrylic cotton type yarns and blended.
1994, 23 February - The Shareholders General Meeting decided to increase the capital of ROMALFA SA, MOLDOFIL Campulung Moldovenesc subscribed it and became shareholder with 50%.
1999, February -After negotiations with state company FPS, RIFIL bought the major stock shares of FIRMELBO S.A Botosani and subscribed the increase of capital according to the agreement.
1999, December - RIFIL subscribed the increase of capital decided by the Shareholders General Meeting of FILATURA S.A. Buzau. Thereafter RIFIL became the major shareholder.
2003, December - RIFIL with INDUSTRIA ITALIANA FILATI and FILPUCCI, both from Prato - Italy, founded INDUSTRIA FILATI BUZAU, taking over from FILATURA BUZAU its activity of producing fancy yarns for garments and hand knitting



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