chanelink logo
CHANELINK
English

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

1061
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

  • Advanced OPA enhances the energy of attosecond imaging ultra short pulses

    The attosecond level ultra short laser pulse provides a powerful method for detecting and imaging ultra short processes, such as the motion of electrons in atoms and molecules.Although ultra short laser pulses can be generated, generating ultra short and high-energy pulses is a continuous challenge. In order to expand the photon energy, photon flux, and continuous bandwidth of isolated attosecond ...

    2024-05-11
    See translation

  • Coherent's first global manufacturing center in India will focus on the development, production and service of lasers, optical networking components and systems

    Coherent, a global laser giant, has signed a tripartite cooperation agreement (MoU) with the Indian Institute of Technology Madras Research Park (IIT MRP) and Guidance Tamil Nadu Investment Promotion Centre.Coherent will establish its first global Manufacturing Centre (CoE) for laser applications at IIT Madras Research Park, which will focus on R&D, production and services for lasers, optical ...

    2023-09-07
    See translation

  • CU Boulder's liquid scanning technology can better observe brain activity

    CU Boulder published a study in Optical Letters demonstrating a new high-speed laser guidance method for imaging applications, using a fluid scanner built around an electrowetting prism to replace traditional mechanical components."Most laser scanners today use mechanical mirrors to steer beams of light," said Darwin Quiroz from CU Boulder."Our approach replaces that with a transmissive, non-mecha...

    10-20
    See translation

  • Entangled photon pairs generated by quantum light sources can be used for quantum computing and cryptography

    A new device composed of semiconductor rings generates pairs of entangled photons, which can be used in photon quantum processors.Quantum light sources generate entangled photon pairs, which can be used in quantum computing and cryptography. A new experiment has demonstrated a quantum light source made from semiconductor gallium nitride. This material provides a multifunctional platform for devic...

    2024-03-30
    See translation

  • Overview of Inconel 939 Alloy Parts Developed by Additive Manufacturing Process

    The related paper was published in Heliyon under the title "A systematic review of Inconel 939 alloy parts development via additive manufacturing process".IN939 is a modern nickel based high-temperature alloy that can work continuously at high temperatures due to its excellent fatigue resistance, creep resistance, and corrosion resistance. The unique performance of IN939 is related to the composit...

    2024-12-10
    See translation