Grundig 1945

Nationality:
German
based:
Nuremburg, Middle Franconia, Bavaria, Germany

1930 - Max Grundig (1908-1989) opened a shop selling radios under the name Fuerth, Grundig & Wurzer (RVF); 1945 - re-established as Grundig in Fuerth and produced parts for radios, one of the first to produce frequency modulated radios, cutting out static interference for clearer reception. company moved from the Schwabacher Straße, Fuerth into a former factory on the Jakobinerstraße, Fuerth; 1947: Heinzelmann introduced in 1946 is successful and a new factory is built in the Kurgartenstraße, Fuerth. 1952 - one of the first European companies to start producing TV sets; 1957: Grundig acquires majority shareholding of typewriter manufacturers Triumph in Nuremberg and Adler in Frankfurt, Germany; 1957: Grundig acquires majority shareholding of the typewriter manufacturers Triumph in Nuremberg and Adler in Frankfurt. Tape recorder factory created in Bayreuth, Germany. 1962 - factory to manufacture tape recorders established in Nuremberg-Langwasser; 1965 - second overseas factory established in Braga, Portugal; 1972 - Grundig corporation; 1984 - sold to Philips; 2004 - Grundig Intermedia GmbH created; 2007 - Grundig brand became part of the Koç Holding group in Turkey and renamed the Beko Elektronik white goods brand and consumer electronics division Grundig Elektronik A.Ş.; 2009 - merged with Arçelik A.Ş.