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Videoton among the most considerable EMS companies

Videoton, as the largest industrial company group in Hungarian private ownership, ranked 23rd based on the year 2009 figures according to the most up-to-date world rank list published in the US newsletter MMI. At the same time Videoton Holding Zrt is in the 3rd place among the European EMS companies. The list ranks the 50 largest contract electronics manufacturing companies based on turnover.

In spite of the crisis Videoton keeps, moreover, improves its position. The company could change and adapt itself successfully to the turns in the global market. This is supported by the fact that in the past 5-10 years projects giving substantial part of the company's turnover ceased because whole industries left Europe for the Far East, mainly China.

Videoton however succeeded to replace the earlier large (million pieces) series production of consumer electronics, computer products and sub-assemblies by smaller series but higher diversity, more complex, technically and quality-wise higher standard car industry and industrial electronics businesses. In the meantime Videoton has become a major player also in the field of household appliances (irons, kitchen utensils, vacuum cleaners, etc.)

The company continued its regional expansion started by the privatisation in Bulgaria in 1999 with the establishment of a new company and start of production in Ukraine in 2009.  Thus the company group may go for winning new businesses which could not be feasibly accomplished at the Hungarian cost-level.