Founded on March 6 in 1904 under the name of the Commercial Trading Company VRBNIK, the 58 members of the then Founding Assembly decided to register the company as a cooperative.
This cooperative, along with all the others in the area of the Croatian Littoral and Istria, was founded upon the incentive of Dinko Vitezić, a lawyer, delegate of the Istrian parliament and representative of the Croats from the region of Istria and Kvarner islands to Zadar in the Parliament in Vienna.
The cooperative was a socio-economic driving force of life in Vrbnik.
The agricultural cooperative VRBNIK was founded. The 58 members of the then Founding Assembly registered the company as a cooperative.
A wine cellar was built in which the activity of grape collection and processing continues to this day.
At the time it was founded, cooperative had 58 members. That number has changed throughout the years. Today it consists of 125 full members who have the right to "elect and be elected", as prescribed by the Cooperative’s regulations, and 15 sub-contractors with the same rights as the members, except the right to vote and attend the gatherings of the Assembly.