Eltek ASA: NeraTel receives Purchase Orders of approximately SGD 30.9 million
(Thomson Reuters ONE) -
Nera Telecommunications Ltd ("the Company") today announces that the Company has
been awarded Purchase Orders with an aggregate value of approximately SGD 30.9
million (approximately NOK 140 million).
About Eltek ASA:
Eltek is a strategic technology partner within power solutions. The Company
reported revenue of NOK 3.6 billion in 2011, and has close to 2,900 employees in
close to 40 countries. Following the proposed divestment of Nera
Telecommunications, Eltek focuses on its core business in telecom power and
power electronics solutions for industrial applications and renewable markets
such as solar power and electric vehicles. Eltek is listed on Oslo Stock
Exchange and headquartered in Drammen, Norway.
About NeraTel:
Nera Telecommunications offers radio transmission, satellite communications and
infocomm equipment and services to the Asian markets. Headquartered in
Singapore, NeraTel is 50.1 percent owned by Eltek ASA and separately listed on
the Singapore Stock Exchange. The company counts more than 500 employees and
reported revenue of NOK 758 million in 2011.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
NeraTel_attachment:
http://hugin.info/86881/R/1598305/503969.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Eltek ASA via Thomson Reuters ONE
[HUG#1598305]
Unternehmensinformation / Kurzprofil:
Datum: 29.03.2012 - 12:05 Uhr
Sprache: Deutsch
News-ID 129945
Anzahl Zeichen: 2042
contact information:
Town:
Drammen
Kategorie:
Business News
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