FY 2011 results

Telegrupp AS 2011 revenues totaled 9 million Euros, profit 0,87 million Euros. 
YoY increase of the revenues was 30%, while profits rose 9%. Exports to EU and non-EU countries rose 69% when compared to 2010. Sales of goods decreased 22% while services increased 72%. 
In 2011 Telegrupp employed 64 people in Tallinn, Tartu and Jõhvi offices. 
The major projects in 2011 were sales, installation and integration of the low voltage systems to Ämari military airbase, Project management, sales and construction of the turnkey server housing facilities for Playtech, installation of Air traffic navigation aid systems including ILS, Tacan, D-VOR, NDB and METEO systems to Ämari military airbase in cooperation with Selex Sistemi Integrati.