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Established as a manufacturer of metal heat treatment equipment, ELTERMA has become a leading equipment supplier for Europe and the Commonwealth of Independent States (former Soviet Union). Present employment at ELTERMA totals 236 people including 48 engineers (mechanical, electrical design engineers). Since ELTERMA’s acquisition by SECO/WARWICK the financial condition of the company has improved considerably. Since 2001 the company does not use any bank credits and keeps high financial fluency. Economical indicators of ELTERMA in comparison with other enterprises of the group have been successively improved, with the result of an increase in turnover in sales and profitability. Much of the profit is allocated to the development and modernization of the firm, which confirms E…