The history of United Incandescent Lamps and Electricity Ltd. and Lipót Aschner

The Museum of the Wall Street has a new author again, a renowned researcher of Hungarian electrical engineering companies, formerly the historian of Tungsram Operations Ltd., Mária Hidvégi joined us.

Mary revised the article on United Incandescent Lamps and Electricity Ltd. and also wrote a biography of the company's emblematic leader, Lipót Aschner. Both are very adventurous stories.

From United Incandescent Lamps and Electricity Ltd. is considered one of the first Hungarian "multinationals", whose patent on the Wolfram filament made the international spread of conventional light bulbs possible, but the company is also credited with the first Hungarian radar experiment, with which Zoltán Bay measured the distance between the moon and the earth shortly after the end of the war.

Lipót Aschner was the type of business leader who, although not a founder of the company, used his strategic insights to take the company from strength to strength, until his career was shattered by the Great Depression and the Second World War.