Area served Worldwide Headquarters Székesfehérvár, Hungary Founded 1938, Hungary Key person Gábor Széles | Operating income Revenue 500.7 million EUR (2015) Number of employees 9,900 Type of business Privately held company | |
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Industry Electronic Manufacturing Services, Contract Manufacturing Number of locations 8 manufacturing plants and 1 office in Hungary, 1 manufacturing plant in Bulgaria and 1 manufacturing plant in Ukraine Key people Gábor Széles, Chairman
Péter Lakatos, CEO
Ottó Sinkó, CEO Services Various manufacturing and manufacturing-related services Subsidiaries Semilab Semiconductor Physics Laboratory Co. Ltd. |
Videoton is a privately owned Hungarian company, Contract Manufacturer (CM), the largest Electronic Manufacturing Services (EMS) provider in the CEE region, TOP 40 worldwide, TOP 10 in EU according to the latest ranking of MMI
Today
Videoton is a regional, integrated Contract Manufacturing company being the 6th most significant European EMS provider and 35th largest globally. It is a multi-commodity supplier of parts, sub-assemblies, modules, complete products and equipment based on its in-house electronics, plastic injection moulding, stamping, machining, tooling and surface treatment operations. The group contains 19 specialized medium sized subsidiaries which mainly supply the Automotive Industry, Household Appliances and Industrial Applications markets. Its subsidiaries can be divided into 2 categories:
- Manufacturing companies
- Service providers
Altogether, the services of the Videoton Group's vertically integrated operations range from part manufacturing through final assembly & testing to transportation or distribution of the manufactured products.
In May 3, 2011 the company officially announced the acquisition of the direct majority ownership of Győr-based STS Technology Kft., a former STS Group ZRt. subsidiary, which is specialized in the contract manufacturing of high complexity machines.
In July 22, 2011 Videoton officially announced that it acquired the 94% of Ventifilt Zrt., a company which is specialized in industrial air technics and the design, manufacturing and on-site installation of equipment reducing environment contamination.
In January, 2013 the company officially announced that it has recorded continuous growth in the past 3 years, reaching its highest ever income in both 2011 and 2012. The growth continued in 2013 and 2014 as well.