chanelink logo
CHANELINK
English

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

1171
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

  • Strategy Networks Utilizes Ekinops for Optical Network Upgrade

    Strata Networks is one of the fastest growing communication cooperatives in Utah, and has chosen Ekinops360 from Ekinops as the platform to upgrade its optical transmission network.Strata is headquartered in Roosevelt, Utah, with a network spanning the Uintah Basin, the Vasatch Front, and Denver. The cooperative continues to expand and improve its fiber optic footprint to differentiate its telepho...

    2023-11-21
    See translation

  • Scientists develop photo activated glass for clean energy production

    Japanese and Swiss scientists have collaborated to develop glass that can generate electricity under light, which may pave the way for sustainable energy production. Researchers from Tokyo Institute of Technology and the Swiss Federal Institute of Technology in Lausanne used femtosecond lasers to etch circuits on glass surfaces, resulting in the unexpected generation of semiconductor crystals.The ...

    2024-03-11
    See translation

  • Researchers have developed a quantum cascade laser in Italy

    The first all-Italian quantum cascade laser was born at the National Research Center in Pisa. The protagonists of this milestone are two researchers from the Nanoscience Institute, Lucia Sorba and Miriam Serena Vitiello, who together with their research team designed and developed this innovative device.In fact, quantum cascade lasers have unique potential for detecting gases and other molecules, ...

    2023-08-04
    See translation

  • The green and blue laser diode series provides higher beam quality

    Rutronik has expanded its optoelectronic product portfolio by introducing green and blue laser diodes packaged in metal cans TO38 and TO56 using AM OSRAM. They leave a deep impression with improved beam quality and stricter electro-optic tolerances. The power level of the laser diode ranges from 10mW to 100mW. Diodes such as PLT3 520FB and PLT5 450GB are now available on the market.The flexibility...

    2024-01-31
    See translation

  • Micro optical technology based on metasurfaces has become a hot topic

    Introduction and application of a micro optical platform using metasurfacesMetasurfaces are artificial materials that excel in manipulating perception. Due to the fact that metasurfaces can reduce the size of lenses to one thousandth of traditional lenses, they have attracted great attention as optical components for miniaturization of next-generation virtual reality, augmented reality, and LiDAR ...

    2024-02-02
    See translation