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This is not true, several precision mechanics factories (or parts of factories) in Hungary were producing for Western export and yet they let them rot apart.
by chx 6y ago
This is not true, several precision mechanics factories (or parts of factories) in Hungary were producing for Western export and yet they let them rot apart.
- aries1980 6y agoIndeed. In my hometown - Gyula, Hungary - there was a precision mechanics factory, for phones, faxes, communication relays called Integra. It wasn't huge, employed a couple of hundreds people. In '89, Olivetti bought it for peanuts to close it down. This was quite a classic move during the "privatisation" in '89-90.
- exebook 6y agoSame happened in Latvia where the largest soviet chip maker ALFA was dismatled under silly (but efficient) propaganda premises. It was top notch and had great contracts with US and Russia at the moment. Decades later the retired goverment officials confirmed they were "advised" and said "we did not understand what we were doing very much back then". Of course, they were ex-soviet middle level officials and anti soviet activists who suddenly found themselves in power and needed such advices. The true reason for those who wonder was the fact that ALFA was making electronics for MiG, Su, Tu and for missiles. I had family and friends working there btw.