Hungarian-owned 77 Elektronika unit starts production in China
The 1,000sqm base, near Shanghai, will produce LabUMat and UriSed urine analysers, turning out 300 in its first year of operation, but ramping that number up to 1,000 within a few years, the company said on Tuesday.
77 Elektronika has been active on the Chinese market for 20 years but decided to set up the production unit because hospitals there prefer local suppliers.
77 Elektronika exports to almost 100 countries around the world. It had net sales revenue of HUF 35.2bn (EUR 87.75m) in 2023, public records show.
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