Reference name: IFV

Office Machinery and Precision Engineering Company

Type:
company
Date of foundation:
1948.12.01
Address:
Budapest XIII. Jász street 33-35.
Founders:
  • Hungarian State
  • Main goals and areas of activity

    Initially, it was for importing and distributing office machines.

    Later, the development, production and trade of organizational technical tools and material testing equipment

    Senior management
    n.a.
    Key figures, key people
    • Laszlo Bajnoczy,
    • Joseph Szabo,
    Number of IT employees
    Material Testing Equipment Factory: 17 people (1949); • Kiskőrös Fine Mechanics Factory: 1972: 328 people, 1975: 575 people, 1976: 635 people
    Revenue
    1967: 23 million HUF loss; 1973: more than 100 million HUF profit
    IT developments/products/Projects

    Current and voltage transformers

    Stepan Bridge

    Geiger-Müller radiation detectors

    Mercury vapor lamps

    Manual typewriter

    DOKUFO photocopying machine

    Photocopiers, various

    SECURA-Werke VEB: A20 cash register (NDK)

    ANKER WERKE AG: F8 cash register (FRG)

    HPI: briefcase and office typewriters (Switzerland, license)

    Transformations

    December 1, 1946 (as Office Equipment Sales NV)

    May 1, 1947: the company split into the Office Equipment Sales Company and the Office Equipment Industry Company

    1956: Adoption of the name Office Machinery and Fine Mechanics Company

    1962. The company continued to operate under the name Office Equipment Company (IGV).

    1962. The Material Testing Equipment Factory is merged into IGV

    January 1, 1963: the Kecskemét Duplicating Factory was launched

    January 1969: IGV obtained foreign trade rights

    July 1, 1970: the launch of the Kiskőrös Precision Mechanical Factory

    Second half of 1971: installation of plant No. 1 in the village of Vasad

    Interesting facts

    The company processed its materials management, production programming and related activities by machine. A contract was signed with KGM ISZSZI and Intransmas to prepare the system plan, and a computer technology group was established within the company, whose task was to prepare the work.


    Created: 2016.07.03. 15:01
    Last modified: 2017.08.21. 10:44
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