Strategy and outlook

Eltek Valere will continue to be a global market leader for telecom power products and expects further growth in the industrial product market. 

In 2009, Eltek Valere has seen signs of reduced demand in some markets and demand visibility is low. Due to the global financial uncertainty, there have been a number of delays in new telecom projects in some regions. Although we are hopeful that we can continue to grow in 2009, the company must be prepared in case business levels are flat or decline. Operational excellence, cost control and cash conservation are key strategic initiatives in these uncertain economic times. Additionally, the company remains committed to the six overriding strategies that have guided the company’s development since the turn of the century: Strong focus on R&D, continuous quest for cost-efficiency, aggressive sales, strategic partnerships with OEMs, geographic expansion and a sharp quality focus.