IPTE Oradea is a subsidiary of the globally engaged IPTE Group and it is located close to the local airport and to the Hungarian border, 3 hours driving from Budapest. This subsidiary was established in June 2006 by transferring technology and know-how from Belgium, France and UK to this subsidiary of the globally engaged IPTE Group. IPTE already established a service department here in August 2005 for local electronic customers manufacturing with IPTE equipment.