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Ganz Works
The Ganz (Ganz vállalatok, ''"Ganz companies"'') electric works in Budapest is probably best known for the manufacture of tramcars, but was also a pioneer in the application of three-phase alternating current to electric railways. Ganz also made ships (Ganz Danubius), bridge steel structures (Ganz Acélszerkezet) and high voltage equipment (Ganz Transelektro). Some engineers employed by Ganz in the field were Kálmán Kandó and Ottó Bláthy. The company is named after Ábrahám Ganz. In 2006, the power transmission and distribution sectors of Ganz Transelektro were acquired by Crompton Greaves,〔(Ganz is now CG ) Retrieved 2009-11-28.〕 but still doing business under the Ganz brand name, while the unit dealing with electric traction (propulsion and control systems for electric vehicles) was acquired by Škoda Holding and is now a part of Škoda Electric.〔(Ganz-Škoda Electric Ltd. )〕 ==History ==
Before 1919, the company built ocean liners, dreadnought type battleships and submarines, power plants, automobiles〔Iván Boldizsár: NHQ; the New Hungarian Quarterly - Volume 16, Issue 2; Volume 16, Issues 59-60 - Page 128〕〔Hungarian Technical Abstracts: Magyar Műszaki Lapszemle - Volumes 10-13 - Page 41〕 and many types of fighter aircraft.〔Ivan Berend: Case Studies on Modern European Economy: Entrepreneurship, Inventions, and Institutions - PAGE: 151〕 The company was founded by Abraham Ganz in 1844. He established his own iron foundry in Buda in the Kingdom of Hungary. Consequently, this factory played an important role in building the infrastructure of the Hungarian Kingdom and the Austro-Hungarian Empire. At this time the agricultural machines, steam-locomotives, pumps and the railway carriages were the main products. At the beginning of the 20th century 60-80% of the factory's products were sold for export. On this base there has developed the firm-group which companies assist continuously the development of the Hungarian Machinery Industry. At the end of the 19th century, the products of the Ganz and Partner Iron Mill and Machine Factory (hereinafter referred to as Ganz Works) promoted the expansion of alternating-current power transmissions.
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