Krugel Exim looks to close year with 35% revenue boost

Wednesday, December 15, 2010

Argentine structured cabling provider Krugel Exim Sudamericana, a subsidiary of Slovakia-based Krugel, will see revenues expand by about 35% in 2010 compared with the previous year, company president Cesar Mangiaterra told BNamericas, without providing hard figures.

The goal for next year is to achieve a similar growth level, he said.

The company is working to consolidate its position in the Argentine market, where Krugel launched the operation three years ago. "Once we consolidate our local operation, we may analyze the possibility to operate in certain neighboring countries," the executive added.

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Krugel Exim has clients in both corporate and government segments. "From our portfolio of solutions, we are seeing a significant demand for our conventional structured cable solutions, such as categories 5e and 6," Mangiaterra said.

However, demand for value-added cabling solutions is still seen as low in this market. "We expect demand for this solution - used for higher speed data transfers - to expand in the coming years," the executive said. "Conventional cabling solutions are very good quality, but they could be obsolete in a few years. The client who installs conventional cabling will probably to change the infrastructure in the medium term."

In Europe, Krugel has subsidiaries in the Czech Republic and Hungary.