The cooperative company “Голво” (Golvo) was the “first swallow” of the future DAAC group, established in 1989 with the objective to implement modern projects in the field of wastewater treatment from industrial enterprises (today this company is called “DAAC Ecoplant” and it’s constantly working on projects that improve the surrounding environment).
In 1992 the “Голво” (Golvo) company created the DAAC-Invest Financial Company, an enterprise that became the first professional participant in the financial assets security market of the country. The DAAC-Hermes Company was established in 1994, soon enough it became one of the leading trading companies in the Moldavian domestic market. In the same year 1994, DAAC-Hermes established a privatization investment fund, and thus became the largest privatization institution in the Republic of Moldova.
1994 is considered the year of the foundation of the current modern Group, which includes to this day, more than 50 independent enterprises, united by one leader and a common development strategy.
Thus, from the very beginning the DAAC Group, portraying as a public company, took the leading positions in the Finance Security market, at the time that it still took its first steps, as well as leading by example in the process of the formation of private property in the Republic of Moldova.
In 2007, the DAAC Hermes investment fund was reorganized into the Production and Commercial oriented company DAAC Hermes group S.A.