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Organica Water history
Organica Water company history timeline
1998 Organica is founded as a Wastewater Design/Build business focused on the Hungarian market
In 1998, while Attila Bodnar practiced architecture in the United States, an idea began to develop.
1999 Organica receives private investment to help fund the growth of the business
2001 Organica merges with 6 companies to become Körte-Organica, one of Hungary’s largest environmental solution providers at the time
2007 Organica sells its Wastewater Design/Build business to Veolia, and keeps the intellectual property rights to its proprietary IFAS-type solution for biological wastewater treatment
With the implied fundamental belief that nature provides the most efficient means to treat wastewater, by 2007 the original idea grew enough to become a reality.
2008 Organica receives private investment from US and European based venture capital funds
2009 Organica signs first contracts for Organica-powered WWTPs in China and France
2010 Organica opens subsidiary offices in Singapore and India; Commissions two Organica-powered WWTPs in China and one in France
2011 Organica signs contract for 80,000 m3/d upgrade in Budapest and 9 additional Organica-powered WWTPs in France
When he became CEO in 2011, Raivetz and his family moved across the Atlantic to Budapest, Hungary.
The team has been the main driver the company’s tremendous growth; In 2011, when Raivetz moved to Hungary, Organica had about 30 facilities mostly in Europe, while today it boasts more than 110 facilities in 16 countries worldwide.
2012 Organica signs contract to design 45,000 m3/d plant for a large real estate development company in Indonesia, and adds the International Finance Cooperation (IFC, part of the World Bank Group) as an investor in the company
Organica is recognized in the Cleantech Group’s prestigious Cleantech 100 as the #1 Cleantech Company in Europe/Israel for 2013
2013 Organica signs equipment supply contract for the 45,000 m3/d plant in Indonesia, along with its first upgrade contract in China to improve effluent quality and increase capacity of an existing 30,000 m3/d Activated Sludge Facility.
2014 Signs 13 contracts in Asia, including first contract in Australia, leading industrial park in Indonesia, and bundle of six reuse facilities in Taiyuan, China
2015 Receives investment from Series C investment from Idinvest Partners, largest PE firm in Europe; Signs first contracts in the United Arab Emirates (3.5 MLD) and the Philippines (10 MLD), along with the 40 MLD Wusong showcase in Shanghai, China.
2018 Commissions 9 new wastewater facilities; Signs 3 new Market License Partners, including UAE/Oman, Saudi Arabia, and West Balkans; Contracts 11 new wastewater facilities including our first in Vietnam, two in UAE, one in Bali, and a landmark NMCG deal for 3 facilities in Allahabad, India.
Raivetz accepting the 2018 ACG New Jersey Corporate Growth Award
As the company celebrated its twentieth anniversary this May 2019, he remains focused on bringing Organica’s unique approach to wastewater management to even more locations worldwide.
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Organica Water may also be known as or be related to Organica Water and Organica Water, Inc.