Group strategy

Eltek has great ambitions and aspire for leadership in our business segments - not necessarily in size, but definitely when it comes to the power of our technology and the value we bring to our customers.

The Group's overall development is governed by six overriding strategies:

Research and development

Eltek emphasises R&D to stand out as technology leader able to offer forefront solutions.

Cost-efficiency

Eltek constantly looks for new ways to increase efficiency and minimize costs. This applies to products as well as all business processes.

Aggressive sales and marketing

Eltek is a customer-driven, sales-oriented company. Based on a close dialogue with customers and a thorough understanding of their needs, the aim is to offer attractive and competitive solutions.

Strategic partnerships

Eltek aims to strengthen its role as a strategic partner and supplier of embedded solutions and turnkey solutions to OEMs and operators.

Global expansion

Eltek is determined to strengthen our role as a global player. This means a strong focus on growth, organically or through mergers and acquisitions.

Quality

Eltek realizes the importance of quality for customer satisfaction - and focuses on constantly developing its systems for improving, controlling and documenting quality - in products and all business processes.

In addition to the overriding Group strategy, Eltek has a specific strategy in place for each business unit.

Eltek Valere will continue to be an aggressive, flexible and customer-oriented player in the global market for telecom energy systems. The business unit's ambition is to continue its growth in a profitable manner, both organically and through potential attractive merger or acquisition opportunities.

Nera Networks is being restructured to regain profitability during 2007. The ambition is to develop a strong and sustainable position for Nera Networks as a flexible transmission specialist. Nera Networlks aims to offer more tailored solutions, a higher level of service, and greater value for money than its competitors.

The business activities of NeraTel will also be further developed for increased profitability.