Videoton Group is one of the most significant player in European ownership among the Electronic Assembly Services (EMS) companies, being in the TOP 30 largest firms of the industry worldwide. The 2 specialised EMS subsidiaries of the Group – VIDEOTON Autóelektronika Kft. which is manufacturing solely automotive electronics products and VIDEOTON EAS Kft which is specialised mainly in diverse industrial applications – manufactured 1.800 different types of products with a staff of 2,200 people on a surface of 43,000 sqm, inserting over 3 billion components on 30 SMT lines in a volume of more than 60 million pcs in 2016.

As market demands continue to increase, both companies are in need of further capacity expansion together with the increase of the production area. For this reason, a new modern assembly hall on a surface of 20,000 sqm and with a full infrastructure will be constructed for VIDEOTON EAS Kft. at the central Szekesfehervar site of Videoton. While the vacated area of the existing assembly building will give VIDEOTON Autóelektronika Kft. the opportunity to expand further.
Along with the assembly area of 8,500 sqm a significantly automatized warehouse of 4.500 sqm will be also established in the new hall. The total value of the building investment will be at ca. 5.5 billion HUF out of which 500 million HUF will be dedicated to the warehousing infrastructure. The technological investment containing new SMT lines, wave and selective soldering, testing equipment as well as assembly stations will amount to ca. 1.5 billion HUF only in case of VIDEOTON EAS Kft. in the next 2 years.

The investment will be financed fully by Videoton which is again a good example for the financial strength of the contract manufacturing company. As a result of the expansion – which is going to be completed by the end of 2018 – the current staff of 770 people will reach 1,000 at VIDEOTON EAS Kft., while their turnover will grow from the current 70 million EUR to 100 million. Furthermore, VIDEOTON EAS Kft. producing PCBA’s, electronic modules and complex final assembled products (kivenném), can strengthen its position on the market not only by fulfilling the increasing demand of its existing customers but by building up new potential business partners.

Thanks to its state-of-the art machine park, technological diversity and high flexibility, VIDEOTON EAS Kft. provides complex and competitive services to customers ranging from large global industrial groups through traditional medium-sized companies to innovative start-ups in Industrial, Railway, Household appliances and Building Automation segments.