The holding's history begins with the founding of the Duet company in 1993 in Lublin and the regional company Modern in Lutsk in 1994, which later evolved into Modern-Expo. Just a year later, the Ukrainian company began producing its own commercial furniture. The primary materials used at the time were wood and glass.
In 1996, Petro Pylypuk and Bohdan Lukasik, continuing their business partnership, began using the Modern-Expo brand. By then, the Lutsk-based company was producing glass structures, chipboard products, and modular tubular structures for retail spaces.
In 2000, the company commissioned its first FinPower and Ideal Line machines, expanding its product range to include solutions for the food retail industry, which was just beginning to develop in Ukraine—Modern shelving systems and checkout counters.
Just a year later, the company purchased an unfinished Soviet defense complex, the Iskra plant, which would later house its production and headquarters.
Modern-Expo is now gaining momentum, and since 2002, laser cutting technology has been used in production, and new equipment has been developed. That same year, the Columbus system was introduced, and in 2006, the company developed a new line of POP equipment, targeting FMCG manufacturers. 2007 marked the development of a warehouse shelving line, introducing the Hudson system. In 2010, Modern-Expo began manufacturing stainless steel products. The new product, traditionally named "Bering," was introduced.
As of 2012, the company's product range consisted of six product groups: retail shelving, checkout counters, stainless steel equipment, warehouse shelving, POS equipment, and wiring systems. In 2013, Modern-Expo launched production of refrigeration equipment.
