Founded in 1890, Mathios Refractories has developed into one of the biggest production,
commercial and construction units of its kind globally and the only one in Greece.
The company has a worldwide customer base and a network of partners leading to exports
to more than 50 countries, having hence built a significant and solid expertise
Founded in 1890, Mathios Refractories has developed into one of the biggest production, commercial and construction units of its kind globally and the only one in Greece. The company has a worldwide customer base and a network of partners leading to exports to more than 50 countries, having hence built a significant and solid expertise
1890

Founding of the “Mathios Company”
Year 1890
Founding of the “Mathios Company”. Dimitris Mathios establishes a personal company with the scope of constructing & repairing refractory projects (furnaces, smoke stacks etc.).
1955
The personal company switches to I. Mathios Bros. LTD
Year 1955
The personal company switches to I. Mathios Bros. LTD active in the industrial refractory construction and the production & trade of refractory materials, contributing to the industrialization of Greece.
1960
Industrialization of Greece
Year 1960
Mathios is a key player in the big industrialization of Greece, building almost all refractory projects and setting up refractory and insulation material productions.
1985
The Company converts to Mathios S.A
Year 1985
The Company converts to Mathios S.A. The present BoD takes over.
1990
Celebrates 100 years of operation
Year 1990
Mathios celebrates 100 years of operation.
It begins the production of handmade stone cladding and starts exporting.
1993
Establishes affiliate BAU MARKET
Year 1993
Mathios Refractories S.A. establishes affiliate BAU MARKET which runs the retail stores chain of Mathios products.
1994
Dynamic entry in the building material industry
Year 1994
Mathios is making a dynamic entry in the building material industry with its pioneering stone veneer products and a selection of modern architectural material.
2000
IPO in Athens Stock Exchange
Year 2000
IPO in Athens Stock Exchange. Fully automated production plant for architectural stone in Athens, Greece.
2002
Subsidiaries establishment
Year 2002-2005
Mathios becomes an international group with the establishment of the affiliated Company in Germany, MATHIOS GmbH located in Bochum.
International expansion is continuing with the establishment of the affiliated Company in Sofia, Bulgaria; under the name MATHIOS A.D.
2005
2007
Mathios takes control of Ideal Refractories S.A.
Year 2005
Mathios takes control of IDEAL REFRACTORIES S.A. and unifies the production of refractory materials.
Modernization of IDEAL REFRACTORIES S.A. with new furnaces and production facilities increases capacity and efficiency.
2011
New production plant of Mathios Stone veneer
Year 2011
Establishment of new production plant of MATHIOS stone veneer in Bulgaria.
2013
Export areas Mathios Refractories
Year 2013
Mathios Refractories S.A. assumes fully its international profile with exports surpassing 50% of its turnover.
2015
Receives 2 awards
Year 2015
Mathios Refractories S.A. receives 2 awards for its international and industrial performance:
- Greek Export Awards: GOLD AWARD – ΤOP INDUSTRIAL COMPANY.
- Greek Export Awards: BEST INTERNATIONAL MARKET COMPANY.
2008-2010
Engineering – Supplying of the refractory materials
Year 2008-2010
Engineering – Supplying of the refractory materials – Installation of the MARITZA Power Plant (2×360 MW) Bulgaria. Collaboration with ALSTOM
2010-2011
Supplying of the refractory materials
Year 2010-2011
Engineering – Supplying of the refractory materials – Installation (EPI – Turnkey project) of the Power Plant DATTELN (Germany) in collaboration with HITACHI S.A. (1×1100 MW)
2010-2012
Modernization of the Refinery
Year 2010-2012
Modernization of the Refinery of HEL.PE. In Greece
2016
Lining of new Static Kiln
Year 2016
Lining of new Static Kiln for the calcination of Alumina at the Aluminium of Greece
2016-2017
Supplying of the refractory materials
Year 2016-2017