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Lighting industry

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Tungsram to Discontinue Traditional Lamp Production

D&T
Apr 27, 2022

Tungsram will stop manufacturing traditional lighting products and will lay off 1,600 workers in several phases by the end of the year, the company told the state news agency MTI on Wednesday. According to the statement, the technological change is unavoidable, and the planned redundancies will mostly affect factory workers in all five factories. The […]

Coping with Changes and Challenges

Sándor Laczkó
Apr 14, 2022

Tungsram, an internationally renowned multinational company headquartered in Budapest, offers lighting and intelligent lighting-based services, smart solutions for buildings and cities, as well as tailor-made ‘greentech’ solutions. The company looks back at a history of over 125 years. Its President & CEO Joerg Bauer tells Diplomacy&Trade about how Tungsram reacts to market changes and opens […]

Building on the Values of the Glorious Past

Sándor Laczkó
Apr 9, 2021

Hungary’s internationally renowned lighting company Tungsram celebrates the 125th anniversary of its foundation this year. Its President & CEO Joerg Bauer tells Diplomacy&Trade about the firm, the brand and how this history was intertwined with that of Hungary. “We have been very much looking forward to celebrating this anniversary. Under the present circumstances, we will […]

GE Lighting in Budapest | source: GE CEE

General Electric to sell some Hungarian units

D&T
Jun 12, 2017

General Electric (GE) has confirmed that it has started talks on the sale of its lighting branch. According to the company, the sale will affect most of the lighting division's plants in Hungary and about half of the local workers.

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