Ábrahám Ganz was a Swiss-born Hungarian iron manufacturer, machine and technical engineer, father of the Ganz

Ganz

The Ganz electric works in Budapest is probably best known for the manufacture of tramcars, but was also a pioneer in the application of three-phase alternating current to electric railways. Ganz also made / makes: ships , bridge steel structures , high voltage equipment...

 companies.

On 1844, he opened an ironworks in Buda

Buda

For detailed information see: History of Buda CastleBuda is the western part of the Hungarian capital Budapest on the west bank of the Danube. The name Buda takes its name from the name of Bleda the Hun ruler, whose name is also Buda in Hungarian.Buda comprises about one-third of Budapest's...

. His company produced various technical devices based on his patent

Patent

A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time in exchange for the public disclosure of an invention....

s.

He committed suicide

Suicide

Suicide is the act of intentionally causing one's own death. Suicide is often committed out of despair or attributed to some underlying mental disorder, such as depression, bipolar disorder, schizophrenia, alcoholism, or drug abuse...

 in 1867.

András Mechwart continued his work at the company. With his lead it became one of the most prominent companies in Austria-Hungary

Austria-Hungary

Austria-Hungary , more formally known as the Kingdoms and Lands Represented in the Imperial Council and the Lands of the Holy Hungarian Crown of Saint Stephen, was a constitutional monarchic union between the crowns of the Austrian Empire and the Kingdom of Hungary in...

 after 1869.

Production continued in the original ironworks until 1964, when the factory closed and was transformed into a museum. The Öntödei Múzeum exists to this day.