The membership of the Tungsram Group has expired with 23 subsidiaries operating in 22 countries, said the company.
The announcement announces that General Electric (GE) Lighting announced in February that it will sell its European, Middle East, African and Turkish businesses as well as the global automotive light sector to & # 39 ; r Tungsram Group, led by former head of GE Jörg Bauer.
As a first step in sales, Tungsram Tungsram Operations Ltd received the Tungsram Group on April 3, including GE units in Hungary along with assets and contracts.
Following the transfer of Hungarian units, international units have joined several stages, with the creation of a new subsidiary in most countries.
In the statement, Tungsram now sells construction and public lighting products anywhere in the world outside of North America and sells car lighting everywhere in the world.
The company's automotive lighting business company announced the Aapex trade fair in Las Vegas in early November.
Jung Bauer, CEO of the Tungsram Group, said in a statement that the Tungsram Group had set up as a truly international international center in Hungary, they launched their sales network in more than 100 international markets and become a company an important global technology in lighting technology and in other areas.
At the press conference held in April, the CEO of the Group announced that he was building a global company based on the Hungarian base in the field of lighting technology by building the Tungsram brand name and developing new products.
The Tungsram Group is expected to achieve 90 billion revenue revenue this year, which is equivalent to the revenues of the units received last year, focusing on organization organization, mainly in marketing and sales, as well as innovation.