Kolektor Etra acquired company Weltech in Poland

On the November 8th, Kolektor Etra completed acquisition process to acquire company Weltech from Myslowice. Company is located northwest of Krakow and has been operating for 25 years in transformer tank production business. The main reason for buying Weltech is because it is one of the best manufacturers for transformer tanks in Europe, as they are known for their punctual deliveries and high quality of products. We believe this acquisition will increase our strength and reliability and enable our further growth.