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History

Founding of Rüdiger K. Weng's trading company, along with Inga K. Uppenkamp, in Krefeld on 1 December

Evaluation of its own valuation models for art objects

Relocation of the company to Viersen

Turnover exceeds the milestone of one million DM

Registration of sole ownership Rüdiger K. Weng Fine Art

Turnover exceeds five million DM

Purchase of the portal Kunstmarkt.com

Development of the portal Kunstmarkt.com for the German speaking art-community

Moving the trading company and the web-portal into an office space in Krefeld

First time recruitment of employees

Focusing on the B2B-business

 

Licensing the portal known today as Kunstmarkt Media GmH

Change of company name from Kunstmarkt.com AG to WengFine Art AG

Inclusion of Rüdiger K. Weng Fine Art into Weng Fine Art AG

Sale of a 10 % share to PIASA S.A. (then controlled by Francois Pinault, owner of Christie's)

Pre-tax results of Weng Fine Art AG hit seven figures for the first time

Buy back of the PIASA shares through RKW Art+Asset Management GmbH

Founding of the subsidiary Weng Fine Art Editions GmbH

Distribution of free shares, and preparation for stock market flotation

Going public in the Entry Standard of the Frankfurt Stock Exchange

Doubling of the dividend

Once more distribution of free shares

Founding of the first foreign subsidiary WFA Online AG in Zug (Switzerland)

Founding of WFA Fine Art Services GmbH in Zug (Switzerland)

Restructuring of Weng Fine Art AG into a holding company