chanelink logo
CHANELINK
English

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

1204
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

  • Halo Industries raises 580 million yuan to achieve significant breakthrough in SiC laser processing field

    Recently, Halo Industries, an innovative technology company based in California, announced that it has successfully raised $80 million in Series B venture capital, marking a significant breakthrough in its use of laser technology to revolutionize the production of silicon carbide (SiC) semiconductor wafer substrates.This financing is led by the US Innovation Technology Fund (USIT) and involves hea...

    2024-07-18
    See translation

  • New type of "dynamic static dual sensing" charge coupled phototransistor

    With the development of cutting-edge technologies such as automatic guidance and embodied intelligence, machine vision has put forward higher requirements for image acquisition, requiring precise recording of static images and the ability to sensitively capture dynamic changes in the scene. The existing dynamic and active pixel sensor technology integrates two functions: dynamic event detection an...

    04-17
    See translation

  • Laser assisted detection of past climate in ice cores

    Around the poles, ice accumulated over millions of years can reach depths of several kilometers. The undisturbed deep ice preserves information about the past. The air bags and particles trapped in the ice tell scientists what the atmosphere used to be like. This has aroused great interest among paleoclimatologists in glacier ice cores.By regularly sampling the ice core at its depth, they can reco...

    2023-11-01
    See translation

  • New nanophotonic circuits demonstrate the potential of quantum networks

    The Purdue University team in the United States has captured alkali metal atoms (cesium) in integrated photonic circuits, which can serve as transistors for photons (the smallest energy unit of light). These captured atoms demonstrate for the first time the potential of cold atom integrated nanophotonic circuits to construct quantum networks. The research results were published in the latest issue...

    2024-08-14
    See translation

  • Internationalization Strategy Enters Stage 2.0 | HSG Hsglaser Thailand Manufacturing Base Holds Grand Opening

    At 9:00 am local time on June 26th, the opening ceremony of Hsglaser Thailand Manufacturing Base was grandly held in Bangkok Industrial Park, Thailand. This not only marks a significant expansion of Hsglaser's global strategic map, but also signifies that its international layout has officially entered a new 2.0 stage, and is another important milestone for Hsglaser to showcase its outstanding str...

    2024-06-27
    See translation