Today
Videoton is a regional, integrated Contract Manufacturing company being the 5th most significant European EMS provider and 28th 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 income in 2012 was roughly 110 billion HUF (354 million €).
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