Escha and Duotec take over production in Hungary
Escha and Duotec take over production capacities in Central Europe. To this end, the companies will jointly acquire 49 percent of the shares in SVI Hungary Kft., in Ajka (West Hungary) from the SVI Group.
In the next two years, Duotec and Escha will also take over the remaining 51 percent. Together, production is to be increased and further investments made. The first projects are already underway, as SVI Hungary Kft., with its approximately 120 highly qualified employees, has a lot of experience, especially in the assembly of electronic components. Customers can now take advantage of additional benefits: diversified and short supply chains with the highest quality. In addition, the entire process is handled by the usual contact persons.
Company
ESCHA GmbH & Co. KGElberfelder Str. 32
58553 Halver
Germany
most read
Sonair wins Best Product Award 2026
The Norwegian company was honored at LogiMAT in the category "Identification, packaging and loading technology, load securing".
Ziehl-Abegg achieves sales of over one billion euros
This corresponds to growth of over 12% compared to the previous year. The global workforce increased from 5,300 to 5,800 employees.
Engineering labor market under pressure: shortage of skilled workers despite the crisis
Unemployment in IT and engineering professions rose by 17.6 percent, while the total number of vacancies fell by 23 percent to 99,470.
Machine Safety 2026: The Five Most Important Trends for Eutomation Engineers
Digitalization and automation continue to drive mechanical engineering forward - and with them, the requirements for functional safety and cyber security are increasing. For automation engineers, this means that machine safety is becoming a holistic concept.
Helukabel becomes Helu
Managing Director Marc Luksch emphasizes that the future of connection technology lies in the integration of ready-to-connect systems.