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Società Anonima Russo-Italiana di Prodotti Tessili

Русско-Италианское Акционерное Общество Волокнистыхъ Издѣлий
Other city spellings: Varsovie, Warschau, Warszawy

Formed in 1898 in Warsaw. Capital by 1915 was 1,800,000 roubles in shares of 375 roubles. The company was based in Warsaw and produced raw undyed silk thread, dyed sewing silk and silk thread.

1898

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REF. NO. DENOMINATION DESCRIPTION NO. ISSUED CONDITION VALUE
101 1 share 1915 ? – £-
Image courtesy of Boone Auctions
102 10 shares 1915, red & pink ?
#4121-30		 EF €1640 Boone Oct 2021

Description

The company was founded by Ernst Posselt (of German origin). He came to Russia in 1883 and founded several textile companies in the country (e.g. ‘Textil’ in Riga and ‘Warsaw Carpet Factory’). With the participation of the Italian Primo Bonacocca, he founded this Russian-Italian Co. in 1898. It was based in Warsaw and produced raw undyed silk thread, dyed sewing silk and silk thread. Offices in Lodz and Moscow were opened.

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