United Bulb and Electricity Co.

United Bulb and Electricity Co. (Egyesült Izzólámpa és Villamossági Rt.), commonly known as Tungsram, is a historic Hungarian manufacturer of lighting and vacuum technology products. Founded in Budapest in 1896, the company became globally recognized for its innovation in tungsten filament lamp production before its eventual acquisition by General Electric in 1989 and subsequent restructuring.

EUEU Owned

Brand Identity Data

HQ Country
Hungary
HQ City
Budapest
Founded
1896
EU Headquartered
Yes
EU Manufactured
Yes
Ownership Type
private
Stock Exchange
Private
Tax Domicile
HU
Ultimate Parent
Tungsram Operations Kft. (in liquidation)
B Corp Certified
No
Repair / Recycling
No
Ethical Certifications
None verified

Verified on October 15, 2026

Corporate Lineage

1896

Company founded

United Bulb and Electricity Co. was established in Budapest, Hungary.

1989

GE acquisition

General Electric acquired a majority stake in Tungsram, marking its first major acquisition in Eastern Europe.

2018

GE divestment

Tungsram was purchased by Tungsram Operations Kft., led by Jörg Bauer, following GE's decision to exit the lighting business.

2022

Liquidation proceedings

Tungsram Operations Kft. initiated liquidation proceedings due to financial difficulties and market challenges.


Verification Sources

  1. [1]United Bulb and Electricity Co. on Wikidata