Analysis
congatec AG sales up by a staggering 61%
congatec AG, a leading manufacturer of industrial computer modules, reports sales of Euro 18.9 million for the first six months of 2010. When compared to 2009 revenue, which stood at Euro 11.7 million after the first six months, congatec has so far achieved an overall increase of 61.5% in revenue for 2010.
We hAxel Petrak, board member responsible for marketing and sales at congatec AG, added: The economic upturn has arrived in Europe. This year also saw the start-up of a large number of new projects in Asia and the US in particular. For the second half of the year, we plan to consistently expand our sales activities in regions such as England, Scandinavia and Russia as well as Israel. Our order books are well filled so we expect to end the year with further revenue growth.