MEDICOR Zrt

MEDICOR Muvek was formed from Hungary™s medical technology companies in 1963. The company, whose operation involved development, manufacturing and trading, played a dominant role in the domestic industry for some 30 years. MEDICOR Művek continued to expand and develop into the 1980s. At its peak, the company employed more than 10,000 people in its factories, research and development institute, as well as domestic and export trading branches. In this period, MEDICOR accounted for more than half of Hungary™s medical technology manufacturing and had representation in 35 countries around the world. Some 85 to 90 percent of the production was made for export predominantly to COMECON countries. Today, the manufacturing and service companies operating within MEDICOR Group are almost entirely Hungarian-owned and serve as the centre for the production of medical instruments and related services in Hungary.