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Lightware Announces Latest Expansion Milestone with New Engineering Hub in Szeged, Hungary

05/09/2024
in NEWS, COMMERCIAL AV
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Lightware Announces Latest Expansion Milestone with New Engineering Hub in Szeged, Hungary
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Lightware Visual Engineering, a leading manufacturer of connectivity solutions for the professional integrated systems market and a pioneer in signal management, has announced the opening of its latest purpose-built engineering hub in Szeged, Hungary. This expansion is part of the company’s ongoing commitment to innovation and growth within Hungary and will create approximately 40 highly skilled engineering roles, further strengthening its research and development capabilities.

Building the engineering centre in Szeged is a key component of Lightware’s strategy to keep its development activities within Hungary, where more than 300 of its approximately 400 employees are based. This expansion aligns with the company’s commitment to fostering local talent and maintaining its strong presence in the Hungarian market.

To celebrate the opening of the Engineering Hub, Lightware also participated in the SZIN Festival, a summer music event in Szeged. The company had a booth, named as the “Lightware Lounge,” where visitors experienced a relaxed environment with music, games and giveaways. This initiative was part of Lightware’s efforts to connect with the local community and raise awareness of the company’s presence in the region.

Local growth and international success

As a 100% Hungarian-owned company, Lightware stands out as a flexible, small multinational enterprise trusted by major global companies such as Facebook, Apple and Microsoft. This unique position allows Lightware to combine local roots with global reach, fostering innovation and adaptability.

At the heart of Lightware’s success is its strong team spirit and supportive work environment. The company prides itself on fostering a culture where colleagues can always rely on each other, promoting creativity, innovation, and personal growth.

“Our expansion into Szeged is more than just about technology; it’s about bringing together talented individuals who share our passion for innovation and collaboration,” added Vida Gergely, CEO of Lightware. “We’re excited to welcome new team members in Szeged and to continue building on the strong, supportive network that defines Lightware.”

Lightware’s continued expansion reflects Hungary’s position as a leading destination for technological innovation and investment in Eastern Europe and Central Asia. According to the latest FDI ranking by Site Selection Magazine, Hungary ranks first in the region, with Budapest being recognised as the third most attractive destination for large-scale investments.

Tags: Lightware Visual EngineeringHungarySZIN Festival
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