Company history

1989 -

The Vultron Ltd. (originally Vultron Trade American-
Hungarian joint-venture) was founded in 1989. The
activity of the early years of the company involved
licensing management, developing/producing/delivering
passenger information devices for public transportation
according to the needs of the markets in the US and
western Europe. The US market required a
remarkable software development to control (both
locally and remotely) the huge highway signs all over
the US in compliance with the NTCIP (National
Transportation Communications for Intelligent
Transportation System Protocol) standards. As
part of the team headed by Vultron several
Departments of the Budapest Technical
University also contributed to the success of this
project.

2003 –

In 2003 the ownership was taken over from the American
owners and the company became a 100 percent Hungarian
property. The scope got expanded to fleet management
systems and related fields as mobile communication,
system integration and software development. As a
consequence of the change in the ownership the needs of
 the domestic market started to

dominate the business activity and the Vultron developments
showed up in the Hungarian market. Meanwhile the solid circle of
cooperating partners was further
extended with the participation of
Micro Team Ltd. and M&CS Ltd.

2006 –

By 2006 Vultron products became market leaders in
Hungary in terms of passenger information and fleet
management systems. Expanding its business
activity starting from 2006 Vultron has also been
involved in developing and delivering railway PI
(Passenger Information) and AVMS (Automatic
Vehicle Monitoring) systems.

2007 –

In 2007 Buse Ltd. (Czech Republic) acquired majority
ownership in Vultron.  As a developer and producer Vultron
was invited by the EBSF (European Bus System of the
Future) project to work out proposals and standards for the
European bus market. In particular, Vultron was dedicated
to develop pilot components, design test environment for
EBSF use cases, as well as to contribute to the EBSF-
compatibility test station set up in Paris. In this period
Vultron developed and delivered complex on-board control

systems for the Stadler motortrains (FLIRT - Fast Light
Innovative Regional Train project) including GPS controlled
audio and visual PI/AVMS system, video surveillance
system and emergency calling system. At the same time
Vultron played key role in developing and installing complex
PI/AVMS systems for the domestic Volán companies (Tisza
Volán, Gemenc Volán, Vasi Volán, Kunság Volán).

2013 -

Vultron in partnership with Lumino Gmbh.
(Germany) participated in realizing the
FUTÁR project initiated by BKK (Budapest
Transportation Centre). In particular, Vultron
contributed to the development of the information
 boards at bus/tram/trolley stops.

Vultron delivered complex on-board PI and video surveillance systems for the IC+
trains produced in Hungary.

2019 -

Hungarian owners bought back BUSE shares in Vultron company and since that time Vultron is again a fully Hungarians owned company.