HansaMatrix has received 5.3 million EUR manufacturing order from existing customer to supply electricity overhead distribution line fault indication systems in 2022 and 2023, starting with Q4 2022. The customer is located in Nordic countries and operates in industrial sector.

17 years of cooperation with this customer and new orders confirm HansaMatrix’s ability to build long-term relationships. The development of customer service with new solutions for effective cooperation is one of the strategic priorities of the company.

Customer name according to the concluded non disclosure agreement remains confidential.

The Management Board of HansaMatrix is pleased that the received manufacturing order confirms the ability of the team to implement a growth strategy in electronic component shortage circumstances, strengthening market position of the Company in the region.