1988-1990
After the collapse of the Comecon in the late eighties, Peja export activities were taken over by Stork while the import activities were restructured and a partner ship with a Chinese manufacturer was established. Under the name of OMEC this company is to date a major importer of electric motors in the E.U. market. The export activities to the Eastern European were restructured following the new market requirements after the collapse of the Comecon.