The company that is today Croatia Records was founded in 1947 in Zagreb, the capital of the then-People's Republic of Croatia under the name Jugoton, a publicly owned company which was the largest record label and chain record store in the former SFR Yugoslavia. During several decades of its successful existence, Jugoton signed many eminent ex-Yugoslav artists such as: Indexi, Bijelo Dugme, Električni Orgazam, Haustor, Idoli and Leb i Sol, and also numerous important foreign stars for the domestic market including: Elvis Presley, The Beatles, Rolling Stones, Madonna, U2, David Bowie, Queen, Deep Purple, Pink Floyd, Iron Maiden, Kraftwerk, Depeche Mode etc. The company also owned a chain of record shops across Yugoslavia. Many Yugoslav entries in the Eurovision Song Contest were signed with Jugoton including the 1989 winners Riva.