Tratos is set to achieve a significant milestone: projected revenues will surpass €250 million by the end of 2024. Our company is committed to strategic growth and innovation, as evidenced by recent acquisitions and technological advancements.
We recently announced the acquisition of AFL Telecommunications Europe, based in Swindon, UK, and Endurance Telnet, based in Zaragoza, Spain. These acquisitions are crucial steps in our strategy to strengthen Tratos’ presence across Europe.
Endurance Telnet has been a pioneer in fibre optic cable production, serving major telecom and utility operators throughout Europe. This acquisition allows Tratos to establish a production foothold in Spain and enhance our commercial operations in the region. Similarly, acquiring AFL Telecommunications Europe enables us to expand our fibre cable production capabilities in the UK, complementing our existing low-voltage cable manufacturing site in Knowsley.
Our President, Albano Bragagni, emphasizes the strategic choice of the UK and Spain for expansion. “These countries offer regulatory environments similar to Italy’s, facilitating quicker project implementation. In the UK, we’re expanding into the niche market of submarine cable components for telecom applications, while in Spain, our new production site will support a range of initiatives. Additionally, Germany remains a key market for our exports, and we have significant operations beyond Europe, particularly in Brazil and China,” said Albano Bragagni.
As Europe accelerates its fibre infrastructure development to bridge connectivity gaps, telecom operators face the challenge of investment amidst scarce resources. Despite these challenges, demand currently outpaces our production capacity, indicating robust market conditions. “The global focus on AI is driving demand for more sophisticated connectivity solutions, and we’re preparing to meet these evolving needs with innovations like multicore fibres,” added Albano Bragagni.
The integration of AI into various sectors is transforming the data centre market and the connectivity solutions linking these centres. Tratos is at the forefront, testing new multicore fibres designed to meet the heightened performance requirements prompted by AI advancements. These innovations are part of our broader strategy to remain agile and responsive to market shifts.
Submarine cables represent another critical growth area for Tratos, driven by the dual demands of data and energy connectivity. “The submarine cable market is booming, aligning with Europe’s Green Deal objectives and the push for sustainable energy solutions. Tratos is committed to advancing data and energy connectivity through our cutting-edge submarine cable technologies,” stated Albano Bragagni.
As we navigate this dynamic landscape, our focus remains clear: leveraging strategic investments and technological innovations to lead the evolution of fibre optics and connectivity solutions across Europe and beyond. With a firm commitment to sustainability and market responsiveness, Tratos is well-positioned to play a pivotal role in the future of global connectivity.