1988
Reaton co-operative is founded; it provides consultation services in the sphere of economics, publishes books, trades in sports goods and engages in other activities.
1990
Construction business is started: Reaton undertakes reconstruction of Caravella Hotel and delivery of cement for a Turkish company for a facility under construction in Belarus.
1991
August 8th. In a reorganization of the co-operative, Reaton Ltd. Company is created, which begins to manufacture wooden products including doors. It starts work in construction and Hyundai showroom is built in Riga in Purvtsiems. The sale of construction and decoration materials is launched.
1992
The first store selling decoration materials, called Decorum, opens in Riga in Sadovnikov Street. This was quite a risky step at that time, but it has fully justified itself. The lines at the entrance of the store not only testified to the lack of competition, but were also evidence of people’s readiness to pay for quality and service — sales reached unprecedented figures.
1993
The food products business is launched. Seafood from abroad which had not been supplied to the Latvian market before is successfully sold in restaurants, cafes and shops. The trade was accompanied by investments in the development of a network of warehouses and purchase of refrigerating equipment.
1994
This year was the most difficult in the company’s history. After a drastic revision in the production and trade in construction materials a concept that sounded revolutionary at that time was introduced — a work plan.
1996
The Decorum store in Sadovnikov Street was expanded to twice its size, and the production facility underwent reconstruction. One million dollars was invested in the updating of the technological processes employed.
1998
Significant changes take place in business development and company structure. An architecture and construction centre opens in Riga in Viskalu Street, 21 with spacious shop floors located on two levels. It has an administrative complex and warehouses.
Reaton becomes a member of the Association of Vendors of Construction Materials. The first branch of the company selling decoration materials and doors opens in St. Petersburg. The development of the mc² project begins.
2000
Reaton begins to open branches in Latvian cities to sell decoration materials and doors (Valmiera — 2000, Ventspils — 2001 and Daugavpils — 2003). The food department creates a subsidiary in Lithuania and begins supplying goods to Estonia.
2001
To expand the architecture and construction centre another trade pavilion is built, together with a warehousing complex opposite the existing one.
2002
The interior and delicatessen centre mc² opens — a unique store in its concept not only for Latvia but even for Europe. The total shop floor space of mc² is 13,000 m². The centre consists of three parts: Decorum (decoration materials, furniture and lamps), Galleria (interior and design items, accessories, textiles, tableware, bed-clothes) and Gastronome (gourmet market — retail sale of food products).
2004
The image of the company is enhanced. The facilities built, reconstructed and supplied with decoration materials and doors now include such important public buildings as the commercial complexes Alfa and Origo, Melngalvju Nams, Saules akmens, Rigas Dome, Policijas Olimpiskais centrs, and Riga airport, as well as a number of gymnasiums, schools, hotels and apartment blocks.
2005
Work on 14 new business development projects begins, and turnover increases by 40% compared to the previous year. Reaton is restructured, and the Decorum store in Sadovnikov Street is closed due to the lack of potential for expansion, while employee rating rules and a new customer service standard are developed, work on a new concept for the Gastronome and Decorum stores begins and the first phase of revision of door production is completed.
Today Reaton, which is one of the oldest privately-owned companies in Latvia, is developing dynamically and in the near future is planning to invest more than 4 million lats into different projects.
2006
The Reaton Food Department opens a representative office in Estonia, and Gastronome, the delicatessen market and restaurant at the Reval Hotel Latvija, is opened.
Reconstruction and modernisation of the Reaton Door Production Facility is completed.
2007
Operation is launched at the newly built Reaton Logistics Centre.
In the centre of the city – at the Reval Hotel Latvija – the Decorum interior design showroom opens its doors.
2008
Under the leadership of Reaton’s construction professionals, a modern administrative complex – a class A office building – is put into service in the Viskaļu Street area.
Professionals at the Reaton Door Production Facility develop a new collection of doors.
2009
The exclusive designer door collection of the Reaton Door Production Facility is presented, developed in collaboration with the best known Latvian architects.
The Reaton Construction Department carries out reconstruction of the Arkādija sports complex and Bauska district municipal sports facilities.
The Reaton Food Department launches regular themed events for customers at Gastronome restaurants.
To be continued.