chanelink logo
CHANELINK
English

Invest 13 million euros! Tongkuai opens its Southeast European headquarters in Hungary

1077
2023-09-16 11:03:07
See translation

Recently, German company Tongkuai invested 13 million euros to open its headquarters in Southeast Europe in Hungary and jointly established a digital network demonstration factory in the Gothler Business Park. Its business focuses on machine tools for digital manufacturing and laser sales for batteries and other automotive components.

Nicola Leibinger Kamm ü ller, CEO of Tongkuai, said, "It is expected that the company's sales market in Hungary will continue to grow in the next few years. The key to success is to pay more attention to the importance of cross-border cooperation. This investment has also expanded the company's business in Romania, Bulgaria, Croatia, Serbia, Slovenia and Türkiye“

In the demonstration factory of the new company, Tongkuai showcases to customers many digital connected lasers and machines used by industrial departments for metal processing. By the mid-20th century, Tongkuai is expected to generate a total sales revenue of over 100 million euros in these markets.

Hungary is a production base for German automotive brands and suppliers. In addition, the company's laser is also used at the factories of Korean car battery manufacturers producing for the European market in Hungary.

The total investment for this fully equipped new factory and digital network demonstration factory is approximately 13 million euros. Currently, Tongkuai employs approximately 90 employees in Hungary. The digital network solutions of the factory include systems for flexible sheet metal production and laser equipment, product portfolio includes entry-level machines for cutting, bending, or welding sheet metal, as well as high productivity intelligent factories.

Fast lasers are particularly used in the automotive and electronics industries. For example, Tongkuai's green laser has been widely used globally as a leading technology for copper welding in high-performance electronic equipment for electric vehicles. In addition, the company is also a leading supplier of 3D printers for the production of dental restorations.

The Hungarian general manager of Tongkuai stated, "With this demonstration factory, we can better serve the Eastern European region in the future. Digital network solutions make manufacturing more efficient and sustainable. This has improved our customers' competitiveness.

Source: Tongkuai Laser

Related Recommendations

  • Coherent Company Launches Industry's First 1200 mW Pumped Laser Module for Optical Amplification in DWDM Networks

    Coherent Corporation, the leader in erbium-doped fiber amplifier pumped laser technology for deployment in optical networks, announced today the launch of the industry's first pumped laser module in a 10 pin butterfly package with an output power of 1200 mW.The rapid development of optical communication technology is reaching the theoretical limit of fiber capacity and driving the expansion of tr...

    2023-09-22
    See translation

  • STREAMLIGHT Upgrade TLR RM Light with Red or Green Laser

    Streamlight, a leading supplier of high-performance lighting and weapon lights/laser aiming equipment, has launched upgraded models of its TLR RM 1 and TLR RM 2 series of lights, each now equipped with an HPL face cap, providing ultra bright beams of up to 1000 lumens and an extended range of up to 22000 candela.The popular TLR RM 1 and TLR RM 2 models are equipped with red or green lasers, both o...

    2024-02-23
    See translation

  • Light Adv. Manuf. | Laser Direct Writing Assists Perovskite Optoelectronic Applications

    IntroductionMetal halide perovskites have excellent optoelectronic properties and have become the undisputed "star" materials in the semiconductor field, attracting great attention from both academia and industry. With a large amount of research investment, the application of perovskite covers various optical and optoelectronic fields such as single photon sources, micro nano lasers, photodetector...

    2024-03-25
    See translation

  • Shanghai Institute of Optics and Fine Mechanics has achieved beam splitting vortex control and interference detection for the first time in the 46.9nm wavelength band

    Recently, Associate Researcher Zhang Junyong from the High Power Laser Physics Joint Laboratory of the Shanghai Institute of Optics and Fine Mechanics, Chinese Academy of Sciences, together with Professor Zhao Yongpeng's research group from Harbin Institute of Technology and Professor Zhan Qiwen's research group from Shanghai University of Technology, completed the experimental verification of 46....

    2024-10-17
    See translation

  • Safran Group believes that additive manufacturing is playing an increasingly important role in engines

    Safran Group showcased a 3-foot diameter turbine aft casing manufactured using additive manufacturing technology under the RISE technology program at the Paris Air Show in recent years. This component is Safran's largest additive manufacturing component to date, indicating the increasingly widespread application of additive manufacturing in the design and manufacturing of turbofan engines. In ea...

    06-18
    See translation