Videoton EAS Kft. has won another successful business

Székesfehérvár, 6 June 2011 - Videoton Electronic Assembly Services Kft. (VEAS), the Videoton subsidiary involved mainly in production of industrial and automation electronics agreed with the French company Hager on the manufacturing of a full range of electronics products. Videoton, considered to be the most significant local EMS company in the Central Eastern European region, provides a turn-key solution for Hager.

The co-operation between the two companies started in 2008, since that the production of several products has been introduced to the Hungarian factory of VEAS.
Parallel to this, the two companies are successfully working together in the production of further new product families beyond this transfer project.
Following the accomplishment of the transfer VEAS is going to supply the electronic sub-assemblies used in the smart building automation to Hager Group.
This business fits well into the long term strategy of the Videoton company because VEAS intends to strengthen its services and market positions further in the field of manufacturing small volume, high diversity, complex products of high importance.
The success of this Videoton subsidiary company is primarily due to the flexible service of the customers as well as to the high level of service at a competitive price. Still, the recently started investments targeting technology improvement and capacity extension (new Fuji NXT insertion machines, AOI, laser engraving, labelling machines, etc.) in a value of 1 billion HUF will also contribute to the aim of strengthening the company’s position in the EMS market where Videoton is the third most significant European service company.