Eltek

Eltek
Aksjeselskap
Industry Electronics
Headquarters Drammen, Norway
Number of locations
 45
Area served
 Global
Key people
 Colin Howe(CEO)
Kelvin Huang(Chairman)
Products Energy systems
Transmission systems
Revenue NOK 3,808 million (2014)
Number of employees
 2,378 (2014)
Parent Delta Electronics
Subsidiaries Eltek AS
Website eltek.com

Eltek is a global electric power conversion specialist that develops and markets systems for telecommunications and industrial applications. The company is based in Drammen, Norway. As of 2018 is has approximately 2000 employees, with offices in 40 countries,[1]

History

The company dates back to 1970. In 1998 it was listed on the Oslo Stock Exchange.[2][3] under the name Eltek ASA. In 2007 the company bought the Texas-based Valere Power.[4][5][6]

In 2015, Eltek ASA was acquired by Delta Electronics, was delisted from the Oslo Stock Exchange, and changed its name to Eltek Power Systems AS.[7][8] It is now simply known as Eltek, and continues as a division of Delta Group.[1]

References

  1. 1 2 "This is Eltek - an overview". Eltek. Retrieved 24 June 2018.
  2. ↑ Eltek. "History". Retrieved 2012-04-12.
  3. ↑ Financial Times (2006-05-30). "FT MARKETS: Arcelor and Severstal merger sparks anger".
  4. ↑ "Norway's Eltek buys U.S. firm for up to $130 mln". Reuters. 16 April 2007. Retrieved 25 June 2018.
  5. ↑ Dagens Næringsliv (2007-04-16). "Eltek med storkjøp" (in Norwegian).
  6. ↑ The Dallas Morning News (2007-04-16). "Norwegian company to buy Valere Power".
  7. ↑
  8. ↑
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