Marine

Alter Marine

www.marine.ee

Starting from 2003 Alter Electric Ltd. has two divisions: Electrical- and Marine division. This happened because owners had a hobby, sailing and boating and from this time sailing and boating also became a profession. In the beginning we distributed only marine electronics in the marketplace and after few years we started also with powerboats.
For now Marine Division is offering to our customers marine electronics and two ranges of power boats.
Now we are distributing marine electronics from Navico (Lowrance, Eagle, B&G), Echopilot (UK), CTE International (Italy), Navionics (Italy), Ritchie Compasses (USA), LENCO Marine (USA) and safety equipment from different producers. Also we are offering powerboats from company Glastron (USA), Galeon (Poland). Small boats from Walker Bay (USA) and Marine Boats (Czech Rep.). O/B engines from Torqeedo (Germany) and Parsun (China).
From next season we have plans to add into our product portfolio sailing yachts from one famous manufacturer.


Financial Indicators

The total turnover of Alter Electric Ltd in 2007 was 3 963 000 EUR. In comparison with the previous year, the increase was approx. 18%. The turnover of the Marine division in 2007 was 515 000 EUR, compare to the previous year, the increase was approx. 88%. The share of the Marine division from the total turnover is approx.13% and in the end of 2008 we are expecting it to be around 18…20%.
The total net profit of Alter Electric Ltd was 380 000 EUR. The whole profit was invested into the company.


Our contact is:

Alter Electric Ltd.; Gaasi 4a, 11415 Tallinn, ESTONIA

Tel. +372 6 519 666;

Fax. +372 6 519 667

e-mail: marine@marine.ee


While we remain at your disposal for any additional insight you may need.


Best regards,
Alter Electric Ltd.

Roland Silluta
manager