industry electronic manufacturing services contract manufacturing founded 1938 headquarters sz kesfeh rv r hungary number of locations 8 manufacturing plants and 1 office in hungary 1 manufacturing plant in bulgaria and 1 manufacturing plant in ukraine area served worldwide key people g bor sz les chairman p ter lakatos ceo ott sink ceo services various manufacturing and manufacturing related services revenue 500 653 300 2015 1 operating income 41 749 670 2015 1 total assets 454 059 360 2015 1 total equity 295 657 000 2015 1 number of employees 9900 website www.videoton.hu 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 2 contents 1 history 2 today 3 references 4 external links history edit 1938 establishment of videoton company 1955 1991 the state owned company develops manufactures and sells videoton branded consumer electronics it and defence electronics products . 1988 1990 after the change in the political system the state owned company lost its markets 1991 privatisation in a public bidding present shareholders and a hungarian bank acquired the assets of the company . 1992 re structuring of videoton . introducing subcontracting realisation of outsourcing transfer projects for consumer electronics automation and automotive costumers . 1996 lbo private shareholders took full control of the company 1995 1997 acquisitions in hungary for capacity expansion new plants in kaposv r j szber ny t r kszentmikl s kunhegyes salg tarj n. videoton enters the household appliance industry . 1998 new strategy contract manufacturing . videoton offers complete end to end solution in this area including material procurement part manufacturing final assembly and testing financing and engineering services . first businesses in industrial electronics started . 1999 acquisitions of dzu ad in stara zagora in bulgaria . videoton becomes a regional cem company . new business line production support services for industrial firms on the hungarian market . 1999 first high tech venture capital investment . 2002 the largest independent ems company in the cee region in top 30 worldwide top 10 in eu . phase out of defence electronics . 2005 videoton starts to develop into an odm company in some market segments . first investment in green energy projects . 2007 first investment in healthcare projects . 2009 new location in ukraine mukachevo 2010 opening to new markets like green energy or air engineering industry . acquisition of sts group zrt . 3 and ventifilt zrt . in hungary . 2011 acquisition of the direct majority ownership of sts technology kft . a former sts group zrt . subsidiary which is specialized in the integration of high complexity machines . 2013 the 75th anniversary of videoton the largest hungarian industrial group in local private ownership . 2014 out of the companies in the top200 list of figyel videoton holding zrt . received the bisnode reliability award in 2014 . 4 the group achieved record turnover for the 5th consecutive year . 5 today edit headquarters of videoton in the city of sz kesfeh rv r hungary . videoton is a regional integrated contract manufacturing company being the 6th most significant european ems provider and 35th largest globally . 2 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 gy r based sts technology kft . a former sts group zrt . subsidiary which is specialized in the contract manufacturing of high complexity machines . 6 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 . 7 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 . 8 the growth continued in 2013 and 2014 as well . 9 references edit a b c d financial statement 2015 pdf . videoton holding zrt . retrieved 26 july 2016 . a b http www.mfgmkt.com mmi top 50.html videoton acquires 51 % in sts group . evertiq.com . retrieved 18 may 2011 . videoton received bisnode reliability award . videoton holding zrt . retrieved 1 december 2015 . videoton ended year 2014 with record revenue . videoton holding zrt . retrieved 1 december 2015 . videoton gained foothold in further market segments . evertiq.com . retrieved 18 may 2011 . videoton acquires a new company . videoton holding zrt . retrieved 1 december 2015 . continuous growth in videoton in the past 3 years . videoton.hu . retrieved 21 march 2013 . videoton ended year 2014 with record revenue . videoton holding zrt . retrieved 1 december 2015 . external links edit videoton official homepage manufacturing market insider retrieved from https en.wikipedia.org w index.php title videoton company & oldid 731592638 categories companies established in 1938electronics manufacturingelectronics companies of hungaryprivately held companies of hungaryhungarian brands navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschespa olmagyarnederlands edit links this page was last modified on 26 july 2016 at 09 39 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view