Vetek

Venden Teknologiz Koprassen (lit. Venden Technology Corporation), today known as Vetek, is an Albian multinational technology company that specializes in making video hardware, televisions, and alarm clocks. It was a major component in the development of the digital versatile disc (DVD), which alongside the compact disc became the dominant physical storage format for media. Vetek is headquartered in Fienerta.
Vetek was founded in May of 1968 by Albian businessman Sovis Venden as a manufacturer of electric lights. With the advent of personal computers, Vetek soon branched out to the rest of the technology industry, tapping into an open market. In it's home market of Albia, Vetek became a dominant player in the industry, having little to no competition on the national scale. Today, Vetek is one of the largest companies on the Tapanthian continent. It produces DVDs and DVD players, radios, televisions, and other electronics.
Vetek is majority owned by the family of Sovis Venden, while 49% of the company is owned by it's shareholders. The company is listed on the Jetzeburg Stock Exchange as VTK.
Category:Vetek
Category:Companies
Category:Albia
Category:Technology