ERA Company has made a record-breaking profit amounting to 100 million crowns

The Czech supplier of passive surveillance systems ERA Company has made a profit of 97.5 million Czech crowns (3.6 million €) last year. The impressive economic results have been approved by the auditing process.

The company reported revenues to a total amount of CZK 507,000 thousand (€ 19,000 thous.) and an accounting profit to the amount of CZK 97,500 thousands (€ 3600 thous.) for the financial year 2014. This means a record profit for the 20 years of the existence of the company.

“ERA is in the best shape ever. The amount of new contracts has grown, so we also have orders to deliver our systems both for this and next year,” stated ERA Managing Director Viktor Sotona

The company increased the volume of job orders in the civil area and managed to complete the contract process with several military customers who have purchased VERA-NG DPET systems.  This has brought about a considerable increase in revenues compared with the previous period.

Research and development activities were emphasized and therefore there has been a need to continuously strengthen and stabilize human resources. The company has opened two branch offices in cities where the top Czech technical universities are located in hopes of future recruitment of needed specialists. One branch is located at the seat of Omnipol Group in Prague and one in the building of Technology Innovation Transfer Chamber in Brno. The number of ERA employees increased by 20 percent to its current (but non final) 260.