Grundig AG is a German manufacturer of consumer electronics for home entertainment. Germany, officially the Federal Republic of Germany ( ˈbʊndəsʁepuˌbliːk ˈdɔʏtʃlant is a Country in Central Europe. Consumer electronics include electronic equipment intended for everyday use Max Grundig established the company in Nuremberg in 1945, shortly after World War II. Max Grundig ( 7 May 1908 - 8 December 1989) was the founder of electronics company Grundig AG. Year 1945 ( MCMXLV) was a Common year starting on Monday (link will display the full calendar World War II, or the Second World War, (often abbreviated WWII) was a global military conflict which involved a majority of the world's nations, including
The history of the company began in 1930 with the establishment of a store named Fuerth, Grundig & Wurzer (RVF), which sold radios. Year 1930 ( MCMXXX) was a Common year starting on Wednesday (link will display 1930 calendar of the Gregorian calendar. After World War II Max Grundig recognized the need in Germany for radios and in 1947 produced a kit, while a factory and administration centre were under construction at Fürth. Year 1947 ( MCMXLVII) was a Common year starting on Wednesday (link will display full 1947 calendar of the Gregorian calendar. The city of Fürth is located in northern Bavaria, Germany in the district of Middle Franconia. In 1951 the first televisions were manufactured at the new facility with the company and the surrounding area growing rapidly. Year 1951 ( MCMLI) was a Common year starting on Monday. Events of 1951 January At the time Grundig was the largest radio manufacturer in Europe. Divisions in Nuremberg, Frankfurt and Karlsruhe were set up. Karlsruhe (ˈkaɐ̯lsʁuːə population 285812 in 2006 is a city in the south west of Germany, in the Bundesland Baden-Württemberg, located near In 1960 tape recorders were manufactured in Belfast, Northern Ireland, the first production by Grundig outside Germany. Year 1960 ( MCMLX) was a Leap year starting on Friday (link will display full calendar of the Gregorian calendar. Belfast ( is the capital city of Northern Ireland and the seat of government in Northern Ireland. Northern Ireland (Tuaisceart Éireann Ulster Scots: Norlin Airlann) is a Country within the United Kingdom, lying in the northeast of
In 1972, Grundig GmbH became Grundig AG. Year 1972 ( MCMLXXII) was a Leap year starting on Saturday (link will display full calendar of the Gregorian calendar. Gesellschaft mit beschränkter Haftung ( GmbH) is a type of legal entity very common in Germany (where it was created in 1892 Austria Aktiengesellschaft ('aktsiəngəzεlʃaft abbreviated AG) is a German term that refers to a Corporation that is limited by shares i After this Philips began to gradually accumulate shares in the company over the course of many years until assuming complete control in 1993. Koninklijke Philips Electronics NV ( Royal Philips Electronics Inc. Year 1993 ( MCMXCIII) was a Common year starting on Friday (link will display full 1993 Gregorian calendar) Philips resold it to a Bavarian consortium in 1998 due to unsatisfactory performance. Bavaria ( German:, with an area of 70553 Km² (27241 square miles and almost 12 Year 1998 ( MCMXCVIII) was a Common year starting on Thursday (link will display full 1998 Gregorian calendar) At the end of June 2000 the company relocated its headquarters in Fürth and Nuremberg, and Grundig took a loss of €1. 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. Headquarters (HQ denotes the location where most if not all of the important functions of an organization are concentrated 281 million the following year. In the autumn of 2002, Grundig's banks did not extend the company's lines of credit, leaving the company with an April 2003 deadline to announce insolvency. Autumn (also known as fall in North American English) is one of the four Temperate Seasons Autumn marks the transition from Summer See also 2002 (disambiguation Year 2002 ( MMII) was a Common year starting on Tuesday of the Gregorian calendar. Credit is the provision of resources (such as granting a Loan) by one party to another party where that second party does not reimburse the first party immediately thereby generating Year 2003 ( MMIII) was a Common year starting on Wednesday of the Gregorian calendar. Insolvency means the inability to pay one's debts This is defined in two different waysCash flow insolvency unable to pay debts as they fall dueBalance sheet insolvency Grundig AG declared bankruptcy in 2003, selling its satellite equipment division to Thomson. Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their Creditors Creditors may file a bankruptcy petition against Year 2003 ( MMIII) was a Common year starting on Wednesday of the Gregorian calendar. Thomson SA (,) formerly known as Thomson Multimedia is an international provider of solutions for the creation management delivery and access of video for the In 2004, England's Alba plc and Turkey's Beko Elektronik jointly took over Grundig Home InterMedia System (HIS), Grundig's consumer electronics division. "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Alba PLC is a Consumer electronics company based in the United Kingdom Arçelik AŞ is a Household appliances manufacturer in Turkey. In business a takeover is the purchase of one company (the target) by another (the acquirer, or bidder)
Currently, the British Alba/Beko consortium retain control of Grundig, although in the United States, products marketed under the Grundig brand are manufactured by the Eton Corporation (formerly Lextronix), based in Palo Alto, California. Alba PLC is a Consumer electronics company based in the United Kingdom Arçelik AŞ is a Household appliances manufacturer in Turkey. The United States of America —commonly referred to as the A brand is a collection of Images and ideas representing an economic producer more specifically it refers to the descriptive verbal attributes and concrete symbols such as a Etón Corporation is an American company based in Palo Alto California. Palo Alto (ˌpæloʊˈæltoʊ from Spanish: palo: "stick" and alto: "high" i Vitelcom of Spain are also licensed to manufacture mobile telephones using the Grundig Mobile brand. Vitelcom Group is a Spanish manufacturer and distributor of Consumer electronics, concentrating on the home entertainment and Mobile phone markets Also, the auto parts company Delphi now manufactures car radios under the Grundig name. Delphi is an Automotive parts company headquartered in Troy Michigan, USA.
In 2007 Grundig Mobile announced a Linux powered cell phone called U900. Linux (commonly pronounced ˈlɪnəks [1]
See also
- Compact Video Cassette - VP-100 VTR
External links
- Grundig AG
- [2]
- Grundig Radio Boy — History of Grundig, 1945–1997
- Eton Corporation
- Grundig Mobile
- Grundig Satellit Collector Radios
- SATELLIT Radio Club - Russian page about Grundig Satellit radios
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