Protecta Kft., Budapest

The first business year of the Company started on the 1st of January 1990. The firm was founded by the state-owned Electric Power Research Institute (VEIKI) Co. This institute established the protection philosophy of the electric power system, and in 1949 this company produced the first protective devices in Hungary. Starting with this date up to the foundation of PROTECTA Co. Ltd. this institute produced all protective devices for the Hungarian electric power system. Accordingly the professional history of the Company extends to more than a half century. In February 1997, at the end of a multi-step reorganisation the direct state-ownership has been closed. Since this year the Company functions as a Hungarian, full privatised firm. All proprietors ? partly directly, partly through the DIGIPROT Co. Ltd, which has interests yielding direct influence to the Company ? are at the same time executives, employees or former employees of the Company. This Company is the only firm in Hungary, which produces own developed protection and automatic controllers for the electric power industry. The choice of products of the firm includes the full range of protection functions for the high and medium voltage networks, including power stations and industrial applications. In the year of foundation the company started the development of numerical type protection devices. At present the members of three device families offer a comprehensive choice. The main milestones of the professional history are: 1949- electromechanical devices 1960- transistor-based devices 1971- protection with analogue integrated elements 1990- digital (microprocessor-based) protective devices