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Videoton keeps investing

Hungarian based EMS provider Videoton is keeping its investing. This time into the company’s subsidiary Videoton Informatics.

July 01 2009, 2:22 PM

EMSAn investment into a new powder painting line took place last month at Videoton Informatics, the company that is working with sheet metal processing and assembly within Videoton.

The new line was implemented in a separate hall of 1100 m2. The trial run started in mid-May and mass production started in the beginning of June.

The activity of VT Informatics ranges from part production through electromechanical assembly up to complete part production.

The company supplies small, medium and large series punched and bended parts; welded, assembled parts and sub-assemblies to almost all industrial branches from financial services, commercial, traffic, telecommunication applications to medial and health care fields.

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TT Electronics profit down

ComponentsFor the year ended 31 December 2009, UK based TT Electronics revenue was £499.6 million (2008: £584.3 million), down 14.5 per cent.

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