The quest for weight reduction and downsizing continues as we slowly move in to the era of Electric Vehicles (EV's). Therefore JTEKT Bearings (formerly Koyo Bearings) has made efforts to develop an Ultra Compact Bearing (JUCB) for application in EV e-axles, which, as a matter of fact, can also be used for other industrial applications.
For more details please check out the article recently published in BearingNews
JTEKT Bearings (formerly Koyo Bearings) recently developed a special ceramic wheel bearing for race bicycle application. The performance (extremely low friction while maintaining bearing life) is remarkable and contributed to world-class sport achievements, as can be read in the below linked article in BearingNews.
The Lecoimpex team organized a momentous celebration event in Târgu Mureș, to which the company’s coworkers, JTEKT Europe, partners and friends were invited.
Bartha Carol, the General Manager of Lecoimpex, made a brief presentation of the company’s start-up period, 1992-1996, when Leco began to distribute industrial spare parts.
Bartha Carol highlighted the fact that the good decisions, the high quality products and a valuable team led the company to success. He was also talking about the technical services the company offers to customers, services that come to complete the wide range of products LECO distributes.
The second speaker, Fodor Venczel, the Commercial Director of Lecoimpex, was talking about the company’s present and its future plans. The LECO team is full of new ideas and constantly innovates, this process leads the company to continuous growth. In 2019 LECO launched a new web shop with 60-70 thousand products, most of them with detailed technical description, which facilitates the buyer’s decision and act of buying.
Fodor Venczel also spoke about important news at the level of physical stores: „we purchased a new headquarter in Bistrița, where we implemented a new store model, the self-service shop. A Self-service shop makes the products more visible and it gives a better shopping experience for the customers. We also plan to buy a new logistic center in Târgu Mureș, which will offer the possibility to have another and bigger self-service shop and to have a much bigger warehouse than the current one.”
The last speaker was Eliade Rotariu, a special guest, business trainer and coach. He was talking about the crisis and resilience offering a series of useful tips for this complicated period of life.
During the celebration JTEKT Europe – represented by Mr. Dimitri Loutfi, Senior General Manager AM Europe, handed over an AWARD to Lecoimpex - Mr. Bartha Carol, CEO as an appreciation for the long term, trustful and fruitful partnership.
The evening ended with a festival where the employees and the guests had the opportunity to share their thoughts.
Please be informed that Koyo Bearings has been officially rebranded to JTEKT Bearings as of April 1, 2022. For your information, this is only a change of brand. The company, its general structure, the products and services will remain the same.Our customers can rely on the continued good service and quality of our products in the future and our commitment to keep the same excellent business relationships with our valued partners, as in the past.
Please take note that although the official date for this corporate brand change will be April 1, 2022, the actual introduction of the new JTEKT branded products and the phase out of the Koyo brand will be subject to a gradual process, far beyond this date. We expect that the full transition will practically take at least 2-3 years.
HL Group is a Finnish privately-owned company. The roots of HL Group are in year 1942 when the company was established as an importer of bearings. Company’s long history and family ownership has always meant a certain approach to its business – all operations in HL Group are guided by long-term thinking instead of quarterly work. HL Group is JTEKT partner since 1953. In the past 69 years HL was able to promote and expand the JTEKT bearing business especially in the Industrial Aftermarket sector. During HL visit to JTEKT HQ in Almere Dimitri Loutfi – Senior General Manager AM EU handed over a trophy to Markku Nikkinen – HL Managing Director, as an appreciation for the long and successful cooperation since 1953. JTEKT and HL are looking forward to intensify this partnership in the upcoming years.
Dimitri Loutfi – Senior General Manager AM EU Honoring the cooperation between both companies since 1953 by handing over a trophy to Markku Nikkinen – HL Managing Director