Competitive Analysis

Csepel Machine Tool Company, Hungary

The Csepel Machine Tool Company is Hungary's second-largest machine tool company.

From the early thirties on Csepel has been producing machine tools in series for the European markets which were then exported later on to many countries all over the world.

A highly significant development step in Csepel’s machine-tool building was the nationalization of manufacturing.

To complement the company’s own production high-level technologies were introduced keeping up cooperation with well-known companies such as Lindner, Kaiser, Burghardt und Weber, SHW and Klingelnberg.

From the end of World War II until 1991 the Csepel Machine Tool Factory had been run in nationalized form, and then it was privatized in March 1991 to become a German-Hungarian joint enterprise named Csepel F+K Machine Tool Factory Co.

Profits have recently fallen and the company's economist is forecasting losses for 1990.

An over-emphasis on near-term results and a highly centralized management style has resulted in a product line which is attractive to only a declining segment of the international machine tool market.

* Began operations in 1882 as can Manufacturer

* Started Manufacturing military ordinance in 1889

* Started Manufacturing Bicycles and Automobiles in 1925

* Added Airplane Engine in 1927

* Started Machine Tool Manufacturing in 1929

* Started selling tools in 1930

Machine Tool Industry

* Rotary motion linked to bow and arrow

* Progress in Technological ‘s development was slow until Industrial Revolution

* Lathe was the most widely used machine tool

* Early 80s extensive software developed fully automating and optimizing manufacturing

* Mid 80s Fully self-optimizing adaptive control, On line process Identification manufacturing

* 90s standardized and commercial computer software systems

* Group Technology in manufacturing processes

* Replacement of Iron and steel by plastic, flexible, advanced composite...