A Videoton sztori . The Videoton Saga
The saga of the decline of the Videoton Electronic Factory in Székesfehérvár. Once a socialist industrial shop-window, Videoton used to be showered with state awards and military commissions, many of them coming from the Soviet Union. In 1987, 12 billion forints were invested to upgrade its research...
Other Authors: | |
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Institution: | Open Society Archives at Central European University |
Language: | Hungarian |
Published: |
Budapest Filmstudio ; MTV
1993
Hungary |
Subjects: | |
Online Access: | http://hdl.handle.net/10891/osa:c5411894-4671-4143-ab7d-1b230bfba5ec |
Summary: | The saga of the decline of the Videoton Electronic Factory in Székesfehérvár. Once a socialist industrial shop-window, Videoton used to be showered with state awards and military commissions, many of them coming from the Soviet Union. In 1987, 12 billion forints were invested to upgrade its research and development department. In spring 1991, as the economic crisis unfolded, Videoton production dropped by a third, its debt grew exponentially, and finally the bankruptcy followed suit. Most of the employees had been connected to the factory for decades and did not see bright chances to find new jobs. Yet in the overall mood of despair new ideas of how to provide for the family slowly emerged. Mrs. Farkas started a second-hand clothes shop getting help from the family to start a business. Ex-foreman Imre Varga planned to open a security company. As through the next months they and many more workers are sacked, we witness their struggle to adapt during times of crisis. A classical documentary on economic transition by Pál Schiffer. |
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Published: | 1993 |