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Videoton's involvement in product development

vt kozpontVideoton, as one of the leading contract manufacturers in Europe, considers it an important part of its strategy to become a partner of its customers in the field of not only production but also product development.
The Videoton group supplies several various products to lots of different industrial branches, so beside the continuous improvement and extension of its own competence, it is also among its targets to establish strategic co-operations with partners outside the group. Thus, due to its growing engineering office network, the company will be able to meet special product development requirements as well.
In this spirit, after an earlier co-operation agreement with a Spanish design partner in the field of mechanical product development, Videoton recently entered into a strategic co-operation with a significant Italian electronic design company too.  
Shortly after the signature of the agreement in March 2012, the Italian and Hungarian team was invited to a large-scale tender. It was about the development of electronic platform and its mechanics needed to be installed of the next generation product of a renowned, high-end category household appliance. The Italian-Hungarian team also needs to take aesthetic aspects into consideration during the project development. The household appliances will include all up-to-date items to be energy saving, environment friendly and to meet the emerging "clever house" expectations; and will certainly support the design items reflecting the company's high quality demands.
Due to its strategy - the existing engineering activity within the company group combined with the capabilities of the new design partners outside the group - Videoton is able to position itself in more and more fields to the top of the added value chain. As a result of its efforts, the company is able not only to establish an even tighter strategic co-operation with its customers in the field of electronics and mechanics but also to make another big step towards its long-term target to become a supplier offering production as well as design and development services to its customers.

Videoton also participated in the AutoSEE 2012 conference

AutoSee conferenceAutoSEE 2012, one of the most significant automotive industrial conferences in the Central-Eastern and Southern European region was organised on 15-16 May 2012.  Videoton Holding Zrt. also participated in the event in Budapest.
Peter Lakatos, Videoton co-CEO delivered a speech “Supplying the Automotive Industry from Eastern Europe“, which was a huge success.
Videoton contributed to the success of the conference also by inviting the participants for a half-day factory tour in order to let them get an insight into the activities of a prominent contract manufacturer in Europe.
AutoSEE is the leading production, sourcing and supply chain event for the automotive sector bringing together an audience of senior executives from Poland, Czech Republic, Slovak Republic, Serbia, Romania, Bulgaria, Turkey and Hungary. This year’s special focus was on new business developments in Hungary.

Success in special purpose machine production at Videoton

VT ASYST 03VT-ASYST Kft, the Videoton member company dealing with the design and production of special purpose machines, handed over a new production line to the Japanese owned Denso Gyártó Magyarország Kft.  The experts of the company made the production equipment in close co-operation with the customer, based on Japanese design.
The special purpose machine production became an independent company within the Videoton group this January. Last year the business unit accomplished more individual special purpose equipment and three stations of a new production line to the Székesfehérvár site of Denso. The particularity of the project is that the earlier versions of the production line were produced in Japan, this was the first time that part of it was made in Hungary.
The function of the machine is the laser etching and visual checking of the diesel injector produced. The whole implementation of the project – starting from the production and assembly of the mechanical parts of the equipment through the localisation of the design up to the installation – was done by VT-ASYST’s engineers supported by Japanese colleagues from Denso.
The extent of the order is beyond 70 million HUF.
Based on the positive feedback received from Denso, VT-ASYST trusts that the company may have the chance for the production of further parts – or even the whole – of the production line.
The customer already indicated its need for another production line of the same type. There is one further (100 million HUF) line – following the design, already in production phase – for Denso.
The co-operation between the two companies started in year 2000, and since that the Videoton company has supplied several production lines for the Székesfehérvár factory of the Japanese company.

New name - traditional activity

VTES 01The Videoton member company once called VT Informatika Kft - dealing with small, medium and high volume sheet metal processing as well as assembly activities - operates further as VT ES Kft (VT Enclosures & Stamping) from May 2011 onwards.  The change became necessary because the company wanted to grow further with clear profile under a name which clearly defines the company’s main circle of activities and market orientation.
Due to the investments made in the past years – among others CNC punching and bending machines, laser cutting equipment, powder spraying technology, new assembly hall – VT ES Kft started to accomplish its expansion plans with the most up-to-date machine park, extended capacity as well as higher efficiency and a new management.
Via the investments made last year (3D measurement equipment), being in process (establishment of a cell with welding robot) and planned for year 2012, the company on the one hand extends its complex service portfolio, on the other hand will be able to meet the special requirements of new market segments as well.
The success of this strategy is supported also by the fact that beside realising new businesses with its existing partners VT ES also started projects with several new customers in the domestic, German and Austrian markets.

The income of VT ES Kft in year 2011 reached 18 million Euro, realised by its three branches (mechanics, sheet metal processing, bar code) in two sites, in close to 12 000 m2 production area by 300+ number of employees. There is small and medium series production in the Székesfehérvár site from the simpler parts up to the complex final products in the field of industrial applications and medical industry. These products include also the metal structures of industrial refrigerators, financial terminals, traffic lights and cross control systems or even of complete modules related to waste water treatment. The high volume production is done in the Törökszentmiklós site of the company, where, beside the industrial segments, VT ES Kft focuses mainly on the automotive field. Thus the company is certified by not only ISO 9001 and ISO 14001 but also ISO TS 16949.

Special machine production goes independent

VT ASYST 02From the 1st of January 2012 the Special Machine Business Unit of VTES Kft. continues its operation as an independent member company of Videoton Holding Zrt. called VT-ASYST Kft. Thus in the future both VTES Kft. and VT-ASYST Kft. will be able to focus on their customers with clear profile and to grow further in the market.
The new name is the abbreviation of: VideoTon Automation SYStems & Testers.
The 50-man company supplies individual production and test equipment – including manual, semi-automatic and automatic assembly work stations, functional tester and measurement equipment, production lines, screwing and riveting machines as well as various individual production supporting special machines  – to the Hungarian factories of top TIER-1 companies.
VT-ASYST Kft. belongs to those few suppliers in Hungary who are able to provide complete solutions from design through part manufacturing and assembly to installation.

VT Plastic Kft. in the first line of the West Hungarian Region Market Leader Category

pegazus dijVT Plastic Kft, a Videoton subsidiary dealing with plastic injection moulding mainly for the automotive industry won Pegasus 2011 Prize.
The Pegasus Prize – awarded fourth time this year – acknowledges the performance of the most dynamically improving small and medium enterprises in Hungary. The candidates are selected based on the public company data supplied by Dun & Bradstreet. It is essential that the enterprise has to work transparently, be in Hungarian majority ownership and show dynamic and outstanding growth in the past three years compared to the other companies in the region.
VT Plastic Kft. headquartered in Székesfehérvár – having an income close to 4 billion HUF and an investment of more than 300 million HUF in year 2011 – took place in the front rank of the most dynamically improving Hungarian enterprises.

2011 was also a successful year

videoton logoThe expected income of the Videoton company group before consolidation exceeds 100 billion HUF, which shows a slight increase compared to the result in year 2010.
The company group still employees 8000 workers. The Hungarian factories increased the number of their employees with about 300 people but – due to the effects of the changes in the market – the Bulgarian subsidiary had to make a cut back in similar extent.
The primary goal in Videoton is organic growth. So the company group started a technology improvement programme which is more intensive than ever before. The value of the investment to be accomplished between 2010 and the end of 2013 is well beyond 5 billion HUF. Out of this more than 3.5 billion HUF has already been executed until 2011.
Though the majority of the investments going on also in the forthcoming year is carried out in the companies dealing with automotive and industrial electronic assembly, which are expected to have the largest result this year; actually the whole technical verticality – including plastic injection moulding, metal processing and sheet metal technology – and Videoton’s factory in Bulgaria is also affected. The largest industrial company in Hungarian private ownership finances the investments from its cash flow (not from credit).
Due to its prominently strong financial position and its increased technical and organisational efficiency the Videoton company group strengthened its position in the European market further against its competitors.

It is also a consequence of the above that Videoton extended its businesses with the existing partners and succeeded to get several new customers. The ability that Videoton was able to offer efficient solution to single business cases in certain characteristic industrial segments is to be highlighted especially.
In year 2011 the largest European automotive suppliers, Bosch and Continental gave new, complex tasks to Videoton, whom they already consider as a key supplier in the region.  The implementation of the projects needed several basic technologies, so the vertical integration of the company group meant an advantage and required the co-operation of several Videoton subsidiary companies.
In lighting industry the revolutionary breakthrough of LEDs is going on. The company group gained new lighting industry businesses in the field of public lighting, automotive industry and consumer industry. Related to these projects Videoton may produce complete sub-assemblies and, due to its electronic, plastic industrial and assembly technical competences, help its partners in design and NPI effectively.
In the field of household appliances, the company group also this year had a chance to participate in the launching of new products meaning worldwide novelty in their own category. Besides, Videoton was assigned to prepare further novelties too. Beyond all this, one of its largest partners entrusted the company with a task in which the management of the whole development process may be done by Videoton.  With the establishment of this ability Videoton, belonging to the leading contract manufacturers in Europe, achieved its year-long target.
Concerning industrial air technology, Videoton succeeded to introduce Ventifilt Kft, acquired during the year, in the German market and so to give a new horizon to the operation of the company.
 There are more and more potential customers who, hearing about the versatility of the company, use Videoton as a “trouble-shooter”, e.g.: for emergency takeover of work from suppliers not able to operate any more should it be caused by flood in Thailand or financial bankruptcy.