Video sound
| Videoton Holding Zrt.
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|---|---|
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| legal form | Closed joint stock company |
| founding | 1938 |
| Seat | Székesfehérvár , Hungary |
| management | Gábor Széles, CEO Péter Lakatos, CEO Ottó Sinkó, CEO |
| Number of employees | 9900 |
| sales | 550,000,000 € (2017) |
| Branch | Electronic Manufacturing Services , Contract Manufacturing |
| Website | www.videoton.hu |
Videoton is a Hungarian private company, a contract manufacturer , offering Electronic Manufacturing Services (EMS). Based on the current MMI ranking, it is in the top 30 worldwide and in the top 5 in the EU.
history
Videoton was founded in 1938. The state-owned company has been developing, manufacturing and selling products under its own brand name in entertainment electronics, IT and military electronics since 1955. Thanks to video sound, the Hungarian People's Republic, along with the GDR, was one of the leading COMECON countries in the field of electronic computing due to the level of technology achieved. After the political change, the state-owned company had lost its markets. The current shareholders and a Hungarian bank acquired the company's assets in a public tender.
In 1992 Videoton was reorganized. Subcontracting activities, implementation of outsourcing and transfer projects for customers from the entertainment electronics, automation and automotive industries were introduced. Private shareholders took over the company completely in 1996 ( debt- financed takeover ). From 1995 to 1997 there was an acquisition in Hungary to expand capacity: some new production sites were opened. Videoton starts the first projects in the household appliance industry. From 1998 Videoton offers a complete solution including material procurement, parts production, final assembly and testing as well as services in financing and engineering. The first business in industrial electronics was started.
Videoton becomes a regional CEM company following the acquisition of DZU AD in Stara Sagora (Bulgaria). In 2002 Videoton was the largest independent EMS company in Central and Eastern Europe. Videoton began taking the first steps in 2005 to become an ODM provider in some market segments. The new manufacturing location in Ukraine was opened in 2009. In 2010 the company entered new markets such as eco-energy and air and filter technology. and Ventifilt ZRt. in Hungary. The 75th anniversary of Videoton, the largest Hungarian industrial group in locally private ownership, was celebrated in 2013. In 2014, the companies on Figyelő's top 200 list became Videoton Holding ZRt. In the same year it was awarded the Bisnode Reliability Award. The group achieved record sales for the fifth year in a row.
today
Videoton is a regional contract manufacturing company with an integrated manufacturing structure, the 6th most important European EMS provider and the 35th largest worldwide.
It is a multi-commodity supplier of parts, assemblies, modules, complete products and devices, based on its core activities such as electronics, plastic injection molding, stamping, mechanical processing, tool making, surface treatment and assembly. The group contains 19 specialized medium-sized subsidiaries, which mainly supply customers from the automotive industry , household appliances and industrial applications.
The subsidiaries are divided into two categories: 1. Manufacturing companies 2. Service providers
The services of the vertically integrated production of the Videoton Group range from parts production through final assembly and testing to the transport or distribution of the finished products.
In 2011, Videoton took over 94% of the shares in Ventifilt Zrt. Ventifilt is active in industrial ventilation and specializes in the design, manufacture and on-site installation of equipment that reduces pollution.
Web links
supporting documents
- ↑ Outstanding Results in 2017 ( en ) Retrieved January 29, 2019.
- ↑ a b Archived copy ( memento of the original from March 17, 2006 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Videoton acquires 51% in STS Group . In: evertiq.com . Retrieved May 18, 2011.
- ↑ Videoton received Bisnode Reliability Award , Videoton Holding ZRt .. Accessed December 1, 2015.
- ↑ Videoton ended year 2014 with record revenue , Videoton Holding ZRt .. Accessed December 1, 2015.
- ^ Videoton acquires a new company , videoton.hu. Retrieved May 2, 2016.
