ZAGREB, Sept 10 (Hina) - Croatia's "Ericsson Nikola Tesla", one of many firms which are part of Sweden's Ericsson group, will celebrate its 50th anniversary on Saturday. "Ericsson Nikola Tesla" is Croatia's leading provider of
complete telecommunications solutions and services; it currently employs 1,600 workers. The firm was launched in 1949 as a small workshop for telephone repair under the name "Nikola Tesla". Cooperation with Sweden's Ericsson began in 1953, when the first licensing agreement was signed. "Ericsson Nikola Tesla" was established on May 13, 1995, when the Swedish corporation became its largest single owner with 49.07 percent in shares. In recent years, "Ericsson Nikola Tesla" has become Croatia's fourth largest profit firm, is currently among 20 according to the amount of overall income, and is sixth according to export results. In 1998, the firm realised a DM300 million business in
ZAGREB, Sept 10 (Hina) - Croatia's "Ericsson Nikola Tesla", one of
many firms which are part of Sweden's Ericsson group, will
celebrate its 50th anniversary on Saturday.
"Ericsson Nikola Tesla" is Croatia's leading provider of complete
telecommunications solutions and services; it currently employs
1,600 workers.
The firm was launched in 1949 as a small workshop for telephone
repair under the name "Nikola Tesla". Cooperation with Sweden's
Ericsson began in 1953, when the first licensing agreement was
signed. "Ericsson Nikola Tesla" was established on May 13, 1995,
when the Swedish corporation became its largest single owner with
49.07 percent in shares.
In recent years, "Ericsson Nikola Tesla" has become Croatia's
fourth largest profit firm, is currently among 20 according to the
amount of overall income, and is sixth according to export
results.
In 1998, the firm realised a DM300 million business income, with a
DM10 million profit before taxation.
(hina) ha