Fegyver- és Gépgyár: Difference between revisions
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'''FÉG''' (''Fegyver- és Gépgyár'', "Arms and Machine Factory") refers to the Hungarian company '''Fegyver- és Gépgyártó Részvénytársaság''' ("Arms and Machine Manufacturing Company"), which was founded on |
'''FÉG''' (''Fegyver- és Gépgyár'', "Arms and Machine Factory") refers to the Hungarian company '''Fegyver- és Gépgyártó Részvénytársaság''' ("Arms and Machine Manufacturing Company"), which was founded on 24 February 1891 in [[Csepel]] (now part of Budapest). The company came under the ownership of [[MPF Industry Group]] in 2010,<ref name="FÉG1">{{citation| url=http://bbj.hu/business/mpf-holding-in-talks-to-take-over-troubled-feg_57825| title = MPF Holding in talks to take over troubled FÉG| publisher = Budapest Business Journal and Absolut Media| date = 17 May 2011}}</ref><ref name="FÉG2">{{citation| url=http://bbj.hu/business/feg-takeover-talks-founder_57849| title = FÉG takeover talks founder| publisher = Budapest Business Journal and Absolut Media| date = 18 May 2011}}</ref><ref name="FÉG3">{{citation| url=http://bbj.hu/business/production-to-restart-at-troubled-feg-konvektorgyarto_59510| title = Production to restart at troubled FEG Konvektorgyarto| publisher = Budapest Business Journal and Absolut Media| date = 15 August 2011}}</ref>since the acquisition, FÉG is one of the biggest exporters of HVAC products to the international markets in the East-Central European heating device industry.<ref name="FÉG4">{{cite web |title=FÉG - Information | website=MPF Holding| url=http://mpfholding.hu/products/mpf_feg/information.php}}</ref> |
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[[Category:Manufacturing companies of Hungary]] |
[[Category:Manufacturing companies of Hungary]] |
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Revision as of 21:00, 14 January 2017
| Company type | Private |
|---|---|
| Industry | HVAC, general manufacturing, (small arms) |
| Founded | February 24, 1891 in Csepel (Budapest) |
Area served | Worldwide |
| Products | Heating devices, water boilers and heaters, gas equipment, other HVAC products, (lamps, metalware) |
| Parent | MPF Industry Group |
| Website | MPF FÉG |
FÉG (Fegyver- és Gépgyár, "Arms and Machine Factory") refers to the Hungarian company Fegyver- és Gépgyártó Részvénytársaság ("Arms and Machine Manufacturing Company"), which was founded on 24 February 1891 in Csepel (now part of Budapest). The company came under the ownership of MPF Industry Group in 2010,[1][2][3]since the acquisition, FÉG is one of the biggest exporters of HVAC products to the international markets in the East-Central European heating device industry.[4]
1891-2004
The company was an important arms manufacturer in the country, but it also produced gas equipment, water heaters, lamps and miscellaneous metalware. The production of Diesel engines started in 1899, when the Hungarian engineer Oszkár Epperlein (1844-1903) and Jenő Böszörményi (1872 - 1957) bought the patent rights of Diesel engines for the FÉG company from his collaborator Rudolf Diesel.[5][6] Throughout its history it was renamed several times for various reasons; to Fémáru, Fegyver- és Gépgyár ("Metalware, Arms and Machine Factory") in 1935, to Lámpagyár ("Lamp Factory") in 1946, to Fegyver- és Gázkészülékgyár ("Arms and Gas Equipment Factory") in 1965. Decades later, in post-communist times it was renamed as FÉGARMY Fegyvergyártó Kft. ("FÉGARMY Arms Factory Ltd.").
Through its history it always fulfilled a crucial role in supplying the Honvédség with small arms, this company also manufactured and exported a variety of semi-automatic pistols and rifles, including the P9M and the PJK-9HP models (copies of the famous Browning Hi-Power) and the FÉG PA-63 (a Walther PP/PPK clone in 9×18mm Makarov), but currently only self-loading pistols (P9L, P9M, P9R, etc.) and break-barrel air rifles (LG 427, LG 527). In Hungary the company is also famous for its starting pistols, for example the GRP-9, as well as manufacturing most of the propane water boilers and heaters found in Hungarian panel houses.
2004-present
After 2004 many of its traditional export markets were put under embargo and this caused the company to stop its activity connected to the defense industry. At the end of 2010, FÉG almost went to bankrupt when HUF 1,7 billion of funds disappeared from the company.[2] Fortunately, MPF Industry Group made an important investment to rescue the company and restarted the production.[1][3] Since MPF Industry Group's reorganization, FÉG is one of the biggest East-Central European HVAC manufacturers.[4]
See also
References
- ^ a b MPF Holding in talks to take over troubled FÉG, Budapest Business Journal and Absolut Media, 17 May 2011
- ^ a b FÉG takeover talks founder, Budapest Business Journal and Absolut Media, 18 May 2011
- ^ a b Production to restart at troubled FEG Konvektorgyarto, Budapest Business Journal and Absolut Media, 15 August 2011
- ^ a b "FÉG - Information". MPF Holding.
- ^ Science and scholarship in Hungary. Corvina Press. 1975. p. 166. ISBN 9789631330069.
{{cite book}}: Cite uses deprecated parameter|authors=(help) - ^ Technik Geschichte, Volume 39-40. Humboldt State University Press. 1972. p. 25.
{{cite book}}: Cite uses deprecated parameter|authors=(help)
