Machine tool building in Csepel has been going on since 1929 at MANFRED WEISS WORKS. The building of machine tools started on the basis of licence purchases and, in due course, machine tools of our own design and construction were being manufactured.


In this time period radial drilling machines, centre lathes, knee-type milling machines, and single-purpose machines (special machines for special machining tasks) were built.


From the thirties on, the mass-produced machine tools were exported to Europe and to all over the world. As a result of this, more than 40.000 Csepel machine tools have been delivered to 60 countries around the world. In the past decades, considerable traditions, know-how as well as development/design and manufacturing experiences have been accumulated in the field of machine tool building.


An important event during the development of the Csepel Machine Tool Factory had been the establishing of the manufacture of NC machines in cooperation with the firm Krupp and the Technische Hochschule Aachen (Technical High School Aachen). Within the frameworks of this cooperation the first NC lathes and the first NC milling machines were produced in 1965.


As further develpoment in 1970 the company produced it’s first machining center. In parallel to the above mentioned projects, the company purchased licenses for thread-grinding machines from the English Matrix Company, then designed it’s own high-precision gear-grinding machine.


To complement own designs, high level technologies were implemented through various cooperations with well known companies such as Lindner, Kaiser, Burghardt und Weber, SHW and Klingelnberg.

The end of the Second World War saw the machine-tool plant being operated as a nationalized company, until 1991, when it was privatized. The company became a Hungarian-German joint venture under the name: Csepel F+K Machine Tool Share Company. After one and a half years, the company was bought up through a tender by Excel Machine Tools Pte. LTD. Under singaporian leadership the company shifted from machining centers to smaller machines. Series production became the focus of both the machine center and lathe production. The parent company’s decision to move to series production has unfortunately turned out to be a mistake, because it forced the subsidiary company into a price competition over development and workforce expenses, where it could not keep up with it’s Far-Eastern competitors. At this time the company bought itself into the GarAgent-Excel Share Company, and from 2001 it is operated as the Csepel Holding Open Share company.


Due to further difficulties at the beginning of the 2000’s, the company filed for bankruptcy in the spring of 2006. At this time the Excel Machine Tools Pte. Ltd. Singapore was already under liquidation. As the parent company hadn’t shown much interest in their Hungarian subsidiary, the local handling of the crisis was significantly easier. As a result, Csepel Ltd. had come to an agreement with it’s creditors through the bankruptcy procedure, which has ended on the 2nd of December 2006. Production continued during this period, furthermore the sale of early flexible production lines was supplemented with FULL PRODUCTION TECHNOLOGIES.



The production of CNC machines has changed significantly compared to the earlier small series production. New extremely cheap asian produced machines appeared on the local market. Large scale production has resulted in low production costs, further increasing their market share.


As result, Excel Csepel Ltd. has completely transformed it’s activities to fit the current market opportunities: series production had been changed to CUSTOMER ORIENTED DESIGN AND PRODUCTION.


In order to entirely fulfill market needs, the company has expanded their activities with the SALE OF COMMERCIAL MACHINES.


The company’s product range varies from simple, affordable but still top quality machines to complex machines with more sophisticated technologies.

Company still does JOBWORKS, mainly for automation companies, high precision cutting and cast machining.