Kathrein makes 46m euros from communication antennas

Kathrein Romania, a company producing communication antennas in Timi[oara, expects to generate 46.8m-euro turnover this year, up 5% from 2010, when it reported receipts of 44.6m euros. The equipment producer is owned by Germany's Kathrein-Werke KG, which owns another communication equipment producer in Romania, called Romkatel.
"The increase is smaller than in previous years amid investments we plan for this year," says Dan Tomin, general manager of Kathrein Romania and of Romkatel, referring to the 19% advance posted last year against 2009, when the company's turnover reached 37.5m euros.
At present, production is carried out in six units employing 740 people and the company this year plans to build another two halls, in the wake of 7m-euro investments, a sum including the cost of equipment.
"The two units will have a 9,000-sqm area, similar with the current one," Tomin says about the halls where another several hundred employees will work.