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- Max_Grundig abstract "Max Grundig (German pronunciation: [ˈmaks.ˈgʁʊn.dɪç]; 7 May 1908 – 8 December 1989) was the founder of electronics company Grundig AG. He was raised by his parents in Nuernberg where he delayed his final school exams (Abitur) and completed training as an electrician. In 1930 he and a colleague opened a store selling radios under the name Fürth, Grundig & Wurzer (RVF), generating one million Reichsmark in sales by 1938. After World War II business expanded with a successful range of consumer electronics. In 1972 the company became a corporation and was sold to Philips in 1984.His company was one of the first to produce FM radios, cutting out static interference for clearer reception. In 1952, it was one of the first European companies to start producing television sets.Grundig built his company up after World War II to become a market leader in home entertainment products and a symbol of West Germany's Wirtschaftswunder. It was only in the late 1970s that it began to lose some of its market share as it came under increasing pressure from lower-priced Japanese products, and in 1980 the company recorded its first losses.Grundig's answer to the Asian competition was to form EURO, a common front of European manufacturers. It did not stave off the challenge, however, and the company was forced to close eleven plants and cut its workforce from thirty-five thousand to twenty-nine thousand workers. In 1984, the Dutch Philips group bought out nearly a one-third share and took over the management.Colleagues described Max Grundig, the son of a warehouse manager, as a workaholic who made decisions alone and interested by himself in the minutest detail of his business.\"Order is holy to him; it means as much as half,\" was an official company description of him.Grundig's father died when he was twelve and his mother had to support her five children on a factory wage.Young Max started his working life as a plumber's apprentice but by the age of twenty-two had set up his own radio shop with a friend in Nuremberg.After World War II, he was permitted by the Allies to relocate his business to the Franconian city of Fürth, right near Nuremberg, where he set up his own factory to produce radio parts.He was married to Chantal Grundig.He received the Eduard Rhein Ring of Honor from the German Eduard Rhein Foundation in 1982.".
- Max_Grundig thumbnail Max_Grundig_180970.jpg?width=300.
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- Max_Grundig wikiPageRevisionID "705634521".
- Max_Grundig wikiPageWikiLink Abitur.
- Max_Grundig wikiPageWikiLink Category:1908_births.
- Max_Grundig wikiPageWikiLink Category:1989_deaths.
- Max_Grundig wikiPageWikiLink Category:German_company_founders.
- Max_Grundig wikiPageWikiLink Category:German_engineers.
- Max_Grundig wikiPageWikiLink Category:Grand_Crosses_with_Star_and_Sash_of_the_Order_of_Merit_of_the_Federal_Republic_of_Germany.
- Max_Grundig wikiPageWikiLink Consumer_electronics.
- Max_Grundig wikiPageWikiLink Corporation.
- Max_Grundig wikiPageWikiLink Eduard_Rhein_Foundation.
- Max_Grundig wikiPageWikiLink Franconia.
- Max_Grundig wikiPageWikiLink Frequency_modulation.
- Max_Grundig wikiPageWikiLink Fürth.
- Max_Grundig wikiPageWikiLink Fürth,_Grundig_&_Wurzer_(RVF).
- Max_Grundig wikiPageWikiLink Grundig.
- Max_Grundig wikiPageWikiLink Japan.
- Max_Grundig wikiPageWikiLink Nuremberg.
- Max_Grundig wikiPageWikiLink Philips.
- Max_Grundig wikiPageWikiLink Reichsmark.
- Max_Grundig wikiPageWikiLink West_Germany.
- Max_Grundig wikiPageWikiLink Wirtschaftswunder.
- Max_Grundig wikiPageWikiLink World_War_II.
- Max_Grundig wikiPageWikiLink File:Max_Grundig_180970.jpg.
- Max_Grundig wikiPageWikiLinkText "Max Grundig".
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- Max_Grundig subject Category:1908_births.
- Max_Grundig subject Category:1989_deaths.
- Max_Grundig subject Category:German_company_founders.
- Max_Grundig subject Category:German_engineers.
- Max_Grundig subject Category:Grand_Crosses_with_Star_and_Sash_of_the_Order_of_Merit_of_the_Federal_Republic_of_Germany.
- Max_Grundig hypernym Founder.
- Max_Grundig type Person.
- Max_Grundig type Thing.
- Max_Grundig comment "Max Grundig (German pronunciation: [ˈmaks.ˈgʁʊn.dɪç]; 7 May 1908 – 8 December 1989) was the founder of electronics company Grundig AG. He was raised by his parents in Nuernberg where he delayed his final school exams (Abitur) and completed training as an electrician. In 1930 he and a colleague opened a store selling radios under the name Fürth, Grundig & Wurzer (RVF), generating one million Reichsmark in sales by 1938.".
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- Max_Grundig depiction Max_Grundig_180970.jpg.
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