Videoton (company)

After the political changes in the early 90s – especially due to the cancelled orders of the East-European market – the company got into difficult situation, causing its liquidation to begin in 1991.

The current shareholders and Hungarian Credit Bank and Euroinvest Ltd. acquired the company's assets in a public tender.

The re-organized company continued its contract manufacturing activity mainly with legacy projects (RCD2 precision mechanical assembly for Philips, speakers for Opel and oil pumps for SHW).

[2] After the crisis management the intense market and contact building work started, and the first outsourcing projects took place mainly for entertainment-, automation- and automotive industry customers (Mars Electronics, AFL).

In connection with the IBM Slider project, the production of computer components for well-known multinational companies started, while cable assembly operations with more than 1,000 employees were implemented in Enying and Veszprém.

[7] The consumer electronics and automotive segments continued to develop through collaborations with multinational partners such as Kenwood, Panasonic and Texas Instruments.

MKBE company (today: VIDEOTON Elektro-PLAST Ltd.) in Kaposvár was bought in 1997, where the assembly of Sanyo battery packs started.

Videoton became a regional CEM company group at the end of the millennium by buying BRG Ltd., Semilab Ltd. and DZU AD in Stara Zagora (Bulgaria).

Also, VIDEOTON improved the technological level with further investments: the first BGA implantation and testing production line was put into operation.

In addition, further collaborations that required vertical integration (e.g., Microsense, a company that developed traffic management systems) improved the situation, while the automotive profile was also expanding.

The year after the 5th plant of VIDEOTON Autoelectronics Ltd. was opened, and the production of Braun irons begun in Kaposvár in a 5000 m2 new building.

Videoton opened up to new markets such as green energy, and industrial air technology at the end of the decade by acquiring STS Group Ltd. and Ventifilt Ltd. Finishing of low voltage circuit breakers started at VT METAL Ltd. for Eaton / Möller.

The modernization of SMD insertion capacity with FUJI NXT machines (installation of 8 production lines by 2013) took place at VIDEOTON Autoelectronics Ltd.

Computer technology, consumer electronics and telecommunication manufacturing has been representing an increasing share within the portfolio from 2015 onwards.

Videoton HQ in Székesfehérvár
Headquarters of Videoton in the city of Székesfehérvár , Hungary .