EoW September 2008

english corporate news

Stanelco plc strengthens Radio Frequency Applications team

equipment to a wide variety of industries, from medical applications through to optical fibre production. Paul Mines, chief executive of Stanelco plc said: “Neil’s appointment strengthens the focus on exploiting Stanelco’s strong global capability and brand in the RF markets. “We are delighted that someone of Neil’s calibre is joining the team, and in particular his Asian experience will be significant in supporting the Company’s growth plans in this area.” David Battye, former general manager of RF Applications, now assumes a business development role for the Group.

Stanelco plc, the UK technology company, has appointed Neil Martin as general manager of its Radio Frequency (RF) Applications business. Neil has over twenty years of experience within the high technology sector. He joins from e2v technologies where he was sales and marketing director. During his career Neil has worked in a variety of commercial and industrial markets in engineering, project management and senior commercial leadership roles for organisations including GEC-Marconi. Neil also has considerable experience of the Asian market, having previously set up sales and support operations in China. Stanelco’s RF Applications business provides sealing, welding and heating

Stanelco plc – UK Fax : +44 2380 867070 Website : www.stanelco.co.uk

MBO at Fibre Technologies Former sales director of

Infrastructure cables to Qatar

Fibre Hunt,

Technologies

Ltd,

Ian

has management buyout (MBO) of the fibre optics communications specialist, assuming the role of managing director with plans to grow revenues to £12m by 2012. Hunt acquired 24.9% of the company in late 2005 and has spent the past two and a half years growing the new business pipeline, as well as founding and strengthening partner relationships. To meet the £12m turnover target, Hunt plans to double the workforce over the next four years, which will include the development of a specialist sales team focusing on high volume, low touch consumable sales. Hunt commented: “Over the eight years I have worked at Fibre Technologies, I have seen the company become a leading player in the communications market with a strong customer and partner base. The MBO is a sign of my commitment to the company.” Fibre Technologies Ltd – UK Fax : +44 1344 751155 Email : sales@fibretechnologies.co.uk Website : www.fibre.co.uk completed a

Nexans has been awarded an order, worth €80 million, for a power transmission system project by the Qatar General Electricity and Water Corporation (KAHRAMAA). The contract, for a global project amount of €168 million, has been signed by a consortium led by Prysmian. Both groups will supply engineering, production, installation and com- missioning services for 161km of high voltage and extra high voltage underground power cables (132kV and 220kV). The installation will commence during 2008, with a scheduled completion date in January 2010. Nexans – France Fax : +33 15669 8484 Email : nexans.web@nexans.com Website : www.nexans.com

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EuroWire – September 2008