The company was created as a Greek – German joint venture with regard to assets and technology and has been a licensee of Hermann Schwabe/Urbach (later Vossloh Schwabe) for 20 years. Today the Company, which is a major manufacturing concern located in two EC countries Greece and Bulgaria, specialises in the production of Ballasts for Fluorescent Lamps, High Pressure Mercury, M. Halide and Sodium Vapour Lamps as well as Transformers for Low Voltage Halogen Lamps.