Eltek

Infobox Company
name = Eltek ASA

type = Public (ose|ELT)
genre =
foundation =
founder =
location_city = Drammen
location_country = Norway
location =
locations = 39
area_served = Global
key_people = Morten F. Angelil (CEO)
Erik Thorsen (Chairman)
industry = Electronics
products = Energy systems
Transmission systems
services =
revenue = NOK 3,121 million (2006)
operating_income = NOK 189 million (2006)
net_income = NOK 106 million (2006)
owner =
num_employees = 3,000 (2007)
parent =
divisions =
subsid = Nera
slogan =
homepage = [http://www.eltek.com eltek.com]
footnotes =
intl = yes

Eltek (ose|ELT) is a global provider of energy and transmission systems for telecommunications infrastructure. The company also owns Nera and is based in Drammen, Norway.

History

The company dates back to 1970. In 1998 it was listed on the Oslo Stock Exchange and in 2006 it bought Nera. [cite web |url=http://www.eltek.com/wip4/detail.epl?cat=9331 |title=History |author=Eltek |accessdate=2007-10-25] [cite web |url=http://search.ft.com/ftArticle?queryText=eltek&y=0&aje=true&x=0&id=060530000777&ct=0&nclick_check=1 |title=FT MARKETS: Arcelor and Severstal merger sparks anger |author=Financial Times |date=2006-05-30] In 2007 the company bought the United States based Valere Power [cite web |url=http://www.dn.no/forsiden/borsMarked/article1069880.ece |title=Eltek med storkjøp |author=Dagens Næringsliv |language=Norwegian |date=2007-04-16] [cite web |url=http://www.dallasnews.com/sharedcontent/dws/bus/stories/041707dnbusvalerebrf.182308ff.html |title=Norwegian company to buy Valere Power |author=The Dallas Morning News |date=2007-04-16]

References