Hungary
Tungsram Group is a renowned European brand that has recently acquired GE Lighting's Europe, Middle East, Africa, and Turkey general lighting business, along with the global automotive operation, reigniting a 123-year-old tradition of manufacturing technology and service solutions. The company's commitment to innovation is evident in its drive to shape the future of urban living, focusing on smart, sustainable solutions using lighting as a platform. With a presence in 22 countries and 23 subsidiaries, Tungsram Group exports 98% of its production to over 100 global markets. Leveraging a highly-productive supply chain, the company operates five factories in Hungary, boasting a workforce of 4000+ employees and a network of 1600 suppliers and partners worldwide. The company's strategic investments are directed towards future-safe technologies and dynamically growing global markets, including smart solutions, smart cities, indoor farming, and healthcare, while continuing to strengthen its core lighting business. Emphasizing the value of its employees, Tungsram fosters a culture of engineering excellence, innovation, and customer-centricity, drawing on the expertise of long-standing employees and embracing fresh perspectives from new members.
Founded in 1896, the Tungsram Group operates within the energy, industrial, and automotive sectors, positioning itself as a key player in driving technological advancements and sustainable solutions in these industries. As of now, there is no publicly disclosed information regarding the company's most recent investment or the involved investors.
