Translations:Balay S.A./1/en
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In 1947, entrepreneurs Esteban Bayona and José Maria Lairla founded a company to produce electrical appliances in the Spanish city of Zaragoza. The company name was coined from their surnames – Bayona and Lairla – to become Balay. Powered on by quick success and the boom in the home appliance market, the company began to produce electric cookers and washing machines in the 1950s.[1] Strong sales allowed the company to move to a new 3,000 m2 factory building in the rural district of Montañana, located north of Zaragoza, in 1956. A second factory followed in 1979 in La Cartuja on the outskirts of Zaragoza. Balay continued to grow and by the early 1980s was one of the leading companies in the sector in Spain.
- ↑ BSH Corporate Archives, A05-0024, inform August 2001, page 25.