Terra Solar developed from two lineages. One is the old fashioned power electronics company, VKI, which was a direct successor of Ganz. Ganz, founded in 1844, was one of the leading electric industrial enterprises of Europe. Some of Ganz and VKI's achievements include playing a pioneering role in the European propagation of the standard gauge, three-phase, system railway electric traction and electrification. Inventions of fundamental components, such as the transformer, are also associated with the firm's name. The R&D center for Ganz was nationalized by the communist government in 1949, but it was privatized again by Terra Solar in 1990 after the fall of the Berlin Wall. |
