Phoenix Mecano, a multinational firm group with central headquarters in Switzerland, established its most important subsidiary, Phoenix Mecano Kecskemét Kft. in 1993. The company produces and develops electronic components and systems for the engineering industry. Production takes place in six production units. The firm’s independent K+F group deals with product development and optimizing the product range. Phoenix Mecano Kecskemét employs over 1000 people, its yearly income exceeds 130 million Euros. The company actively takes part in the efforts making the employment situation of the region more favourable. A significant part of the incomes is turned to developments and investments. The firm promotes innovation and also focuses on the increase of the added value of the products.