Reference name: Gamma

Gamma Technical Co. Ltd. (Gamma Works)

Type:
company
Date of foundation:
1920
Address:
Budapest VII. Ilka street 27.
Budapest IV. Papnevelde u. 8.
Budapest VIII., Futó u. 25.
Budapest V., Apponyi Square
Budapest, XI, Fehérvári Street
Budapest XI., Petzval József Street 56.
Budapest IX. Illatos Street 9.
Founders:
  • Károly Drégely - electrical engineer
  • László Arthur - mechanical engineer
  • Zsigmond Braun - captain, merchant
  • Main goals and areas of activity

    Sale of patents, production and sale of mechanical and electromechanical mass products.

    Senior management
    n.a.
    Key figures, key people
    • Lajos Ács, manager
    • Dezső Nagy, chief designer
    • János Daru, consultant captain
    IT developments/products/Projects

    Ammunition launcher that semi-automatically controlled anti-aircraft batteries

    Camera development project:

    Buddy 6×6 box camera, 170,000 copies sold

    Nuclear Instrumentation Project

    Geophysical Instruments Project

    Medical diagnostic instruments project

    Transformations

    Assimilation

    • Respirator ZRT.
    • DKM 1100 Ltd.
    • ATAX Ltd.
    • AGR Informatics Ltd.

    Reason for merger

    Since 2007, the production area has not been sufficient for the planned development, so the company rented areas at the Respirátor Zrt site, while at the same time the two companies, although operating as independent organizations, were under the management of a common CEO. After the crisis, the owners of Gamma Zrt decided, taking into account economies of scale, to initiate acquisitions in areas related to the profile, either directly or through the companies they owned. After the merger, Gamma Zrt became one of the largest defense industry manufacturers in the country.

    Interesting facts

    During its existence, it became one of the leading nuclear measurement equipment manufacturers in the Eastern European region. Many young and experienced engineers (Károly Drégely, Arthur László, István Szabó, János Barabás and colleagues) participated in the developments and enriched the Hungarian engineering culture with numerous patents.


    Created: 2016.06.26. 13:12
    Last modified: 2022.09.12. 15:15
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