Egston

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EGSTON Holding GmbH

logo
legal form Company with limited liability
founding 1991
Seat Eggenburg , Lower Austria
management
  • Frank Wolfinger
Number of employees 1,800 (2017)
sales 75 million euros (2017)
Branch Electrical and electronics industry
Website www.egston.com

The Egston Holding GmbH (proper spelling: EGSTON ), headquartered in Eggenburg is a medium-sized electronics companies in the eastern Waldviertel in Lower Austria . Egston also has a sales office in Zhuhai (China) and production facilities in the Czech Republic , China and India .

history

Around 1960, the Austrian branch of International Telephone and Telegraph (ITT), then under the name "STT - Standard Telephon und Telegraphen AG", decided to set up a production facility in northern Lower Austria. Produced harnesses , relays and products for telecommunications . In 1963 the current company building was built on the outskirts of Eggenburg.

Originally conceived as an extended workbench to the ITT headquarters in Vienna, the Eggenburg plant developed into an independent production plant in the 1970s, including all the necessary functions such as: B. Quality assurance and production planning . The product range is expanded to include private branch exchanges and the production of groups and racks for public switching technology and railway safety systems.

In the mid-1980s, the Eggenburg plant presented itself to the open market for the first time as a producer of inductive components at the “ electronica ” industrial fair in Munich. A separate sales and technology department was created for the areas of inductive components and cable systems.

In 1987 the ITT parent company became today's Alcatel . The decision to concentrate only on the core business in the future meant that the Eggenburg plant was either sold or closed.

As part of a management buy-out , the then plant manager Walter Wunderer acquired the company in 1991, and Egston GmbH was founded. In 1992 a subsidiary was founded in the Czech town of Jemnice and part of the production was transferred to the Czech Republic, in 1994 a second production site followed in Znojmo , Czech Republic near the Austrian border. Egston was developing smaller power supplies and chargers at the time . Developments in electric bicycles followed .

At the turn of the millennium, the remaining production in Eggenburg was completely relocated to the Czech plants in Znojmo and Jemnice. In 2004, the third production site was opened in Zhuhai , China, and a fourth production site in Tiruchirappalli , India.

In 2014, with the purchase of Kurt Springer Gesellschaft mbH, the field of activity was expanded to include toolmaking. Egston opened a production hall for the cable systems sector in Pancevo at the beginning of 2018.

On January 19, 2018, the San Diego-based Pulse Electronics Corporation, a leading American manufacturer of electronic components, took over 100% of the Egston Group. Pulse Electronics was itself taken over by the Taiwanese Yageo Group in May 2018 . Egston has been part of the Yageo Group since this takeover.

Fields of activity

Manufacture of inductive components such as transformers , choke coils , antenna and sensor coils for the automotive industry, cable systems for vehicles, various types and types of power supply units .

Web links

Individual evidence

  1. 25 years EGSTON: "At home" almost worldwide. Retrieved October 4, 2016 .
  2. US company takes over Eggenburger Parade operation. Retrieved May 24, 2018 .
  3. 25 years EGSTON: "At home" almost worldwide. Retrieved October 4, 2016 .
  4. Egston System Electronics starts manufacturing cable systems in Pancevo. Retrieved May 22, 2018 .
  5. US company takes over Eggenburger Parade operation. Retrieved May 22, 2018 .
  6. Yageo to acquire Pulse Electronics for USD 740 million cash. Retrieved May 21, 2020 .
  7. 25 years EGSTON: "At home" almost worldwide. Retrieved October 4, 2016 .