Budapest, 13 November 2018. Two Hungarian brands of international repute are working together to strengthen each other: Budapest Airport and Tungsram have concluded a strategic cooperation agreement.
Budapest, 13 November 2018. Two Hungarian brands of international repute are working together to strengthen each other: Budapest Airport and Tungsram have concluded a strategic cooperation agreement. The exemplary cooperation between the most widely known Hungarian brands in innovation and aviation propel Hungarian creativity to new heights.
Tungsram, the global brand with Hungarian roots relaunched this spring, will introduce itself to the traveling public at Hungary’s premier international airport. The strategic agreement regulating this was signed today by Jost Lammers, the CEO of Budapest Airport and Joerg Bauer, President & CEO of Tungsram Group.
One of the most spectacular elements of the agreement is that travelers arriving in and departing from Hungary, approximately 1-1.5 million visitors per month, will be greeted with the advertisements of the historic and innovative Hungarian brand at the terminals of Budapest Airport. Tungsram is also furbishing a lounge for its valuable international customers.
The two partners are open to cooperation in a number of other areas as well. Forward-thinking technologies and creative solutions that Tungsram is investing heavily into are important in Budapest Airport’s large-scale airport and terminal development projects ongoing currently and about to be launched in the near future.
Jost Lammers, the CEO of Budapest Airport said during the signing of the agreement: “We are very proud that Tungsram, this Hungary-based global brand, will send the message to the world about its return via the surfaces of Ferenc Liszt International Airport. The cooperation between Budapest Airport and Tungsram is a Hungarian success in an international environment.”
Joerg Bauer, the President & CEO of Tungsram Group added: “We are happy to be a part of the Central European success story of Budapest Airport, we think that this is the best place for our messages to the world. This airport is where our key stakeholders and customers will pass through when visiting us, that is why it is important that our joint innovative solutions in lighting, smart buildings and beyond will also be present here.”
Budapest Airport Zrt.
Tel: +36 1 296-6753
Mobile: +36 30 327-2372
head of PR and communications
Tel: +36 20 241-2052
About Budapest Airport:
Budapest Airport is the best airport in Eastern Europe, as recognized by Skytrax in 5 consecutive years from 2014 to 2018, based on passenger ratings. Budapest Airport Ltd., the operator of Budapest Ferenc Liszt International Airport, is owned by a consortium of Canadian (Caisse de dépôt et placement du Québec, 21.228 %) and Singaporean (Malton Investment Pte Ltd., 23.334 %) investors led by AviAlliance GmbH (55.438 %). The terminals of the airport are home to 44 airlines, which transported 13.1 million passengers to 125 destinations in 45 countries in 2017 (14.5 % growth rate in 2017 vs. 2016). Budapest Airport handled 127,145 tons of cargo in 2017 (a 13.4 % growth rate vs. 2016).
About Tungsram Group:
Tungsram returned to the market in April 2018 as an innovative global brand, headquartered in Hungary by a management buyout of the businesses of GE Lighting in Europe, the Middle East, Africa and Turkey, as well as its Global Automotive business. Exporting more than 95% of its production, Tungsram leverages sales into more than 100 global markets. Its highly-productive supply chain, centered around its 5 factories in Hungary working to the highest quality standards with its network of 1600 suppliers and partners, represent a significant advantage in today’s competitive environment. On the world market, Tungsram is represented as a premium European brand with design, development and manufacturing in Europe, and a commitment to continue and expand its outreach.