Ericsson Nikola Tesla has contracted new deliveries in the markets of Russia and Moldavia worth MHRK 9.7 in total.

Gordana Kovačević, president of Ericsson Nikola Tesla and Nedžad Rešidbegović, CEO of BH Telecom, signed a contract for the implementation of 3G HSPA solution in BH Telecom network, the first 3G mobile solution in Bosnia and Herzegovina. The contract was signed in Sarajevo on 6th November 2008 and it is worth 20 MHRK.

Ericsson Nikola Tesla continues its successful operation in the export markets. The company contracted several new jobs in Georgia and the Russian Federation in total valued at 13,6 million kunas.

Ericsson Nikola Tesla signed several new contracts in the Russian Federation, worth in total 10.9 MHRK.

„Ericsson Nikola Tesla's key performance indicators for the first nine months meet our expectations. We have an increase in sales revenues and operating profit. Despite increasingly more difficult market situation we maintain a sound margin level and generate strong cash flow from operating activities", says Gordana Kovačević, president of Ericsson Nikola Tesla.

Over the summer months the joint stock company Ericsson Nikola Tesla contracted in the markets of the Commonwealth of Independent Countries (CIS) jobs totaling at 14,8 million kunas. The jobs include modernization and upgrade of the wireline networks, for e.g. for the Russian telecom operators – Svyazinvest and MegaFon and the Moldova operator Interdnjestrcom.

Ericsson Nikola Tesla and Clinical Hospital (CH) Mostar signed a contract on delivery of information-communication equipment amounting to 10 million kunas.

By mid August Ericsson Nikola Tesla concluded new contracts in Bosnia and Herzegovina totalling 46 million kunas. The company contracted GSM network expansion with telecom operator HT Mostar, the long-standing company's partner. At the same time, Ericsson Nikola Tesla continued its longtime successful cooperation with BH Telecom by contracting service network expansion.

„The results achieved in the first half-year show that Ericsson Nikola Tesla conducted its operations successfully and in line with the expectations. We achieved a considerable increase in sales revenues and profit and we managed to maintain a stable gross margin level. Cash flow from operating activities is good and represents a solid foundation for future development", says Gordana Kovačević, company president.

On June 25, 2008 the Montenegro Ministry of Interior Affairs and Public Administration and Ericsson Nikola Tesla signed a contract in line with which the leading Croatian exporter of ICT solutions will provide the Ministry with a solution for the country’s new Emergency Call Center 112.

Ericsson Nikola Tesla contracted with the integrators in the Russian Federation, TechnoServ and Micro Technologies (on behalf of the large Russian telecom operator Svyazinvest) expansion and modernization of the fixed telecom network on seven locations in the cities of Omsk, Krasnoyarsk, Sayanogorsk, Irkutsk and Orenburg.

Johan Granlund, CEO Tele2 Croatia and Gordana Kovačević, president of Ericsson Nikola Tesla signed two frame agreements in Zagreb on June 16 in line with which the leading Croatian supplier of information and communications solutions will provide the operator with solutions and services to facilitate the upgrade of GSM and UMTS systems as a sole and exclusive supplier.

The dividend for the business year 2007 will be paid out on June 18, 2008.

The leading Croatian ICT supplier, Ericsson Nikola Tesla will be supported in this job by expert teams from Ericsson in Bosnia and Herzegovina, Global Services Delivery Center (GSDC) in Hungary and the Croatian company Gisdata as an application supplier.

The joint stock company Ericsson Nikola Tesla held its Annual Meeting on 27th May 2008. The represented share capital was 81.866.800 kunas i.e. 61,48% of total share capital, enough for the Meeting to make lawful decisions.

At the end of May Ericsson Nikola Tesla contracted new export jobs in Moldova and Belarus, in total valued at 4,5 million kunas.

In an almost festive atmosphere Ericsson Nikola Tesla, the Golden Key winner as the best Croatian exporter among large companies, signed in Sarajevo new contracts with BH Telecom, the company's longstanding business partner. Signatories to the contracts were Nedžad Rešidbegović, CEO of BH Telecom and Gordana Kovačević, president of Ericsson Nikola Tesla. The subject matter of the contracts is expansion and modernization of GSM network of this leading B&H operator.

Ericsson Nikola Tesla concluded several new contracts in the Croatian and foreign markets for the latest generation of communication systems.

„In the first quarter of the year Ericsson Nikola Tesla's operations were stable, with a considerable growth of sales revenues and operating profit and with a stable gross margin. The overall business results were, despite hedging measures taken, influenced by negative exchange rates deviations caused primarily by a continued US dollar fall", emphasized Gordana Kovačević, company president.

The company Ericsson Nikola Tesla signed new contracts in the Commonwealth of Independent States, CIS, worth 45,6 million kunas. A contract with the customer Svjazinvest, the largest Russian fixed operator and business partner of Ericsson Nikola Tesla over many years, includes a telecom network reconstruction in the North-West Region of Russia.

Annual Meeting of Shareholders of Ericsson Nikola Tesla will be held at the registered office of the Company in Zagreb, Krapinska 45, on 27th May 2008 at 17.00.

In February and early in March Ericsson Nikola Tesla concluded contracts for exports to Russia, Moldova, Kazakhstan and some other markets worth 14 MHRK.

Ericsson Nikola Tesla continues its good performance in the Kosovo market after they built a completely new a GSM network for the mobile operator Ipko and started it end of last year. The latest contract in this market was signed on 17th March 2008 for a fixed Internet broadband access with the PTK operator ; it is about the delivery, implementation and integration of VDSL2 subscriber lines across the entire Kosovo region.

At the press conference of 18th March Ericsson Nikola Tesla reported its business results 2007 and outlook 2008 and also presented its major social responsibility projects accomplished together with the Faculty of Electrical Engineering and Computing (FER).

Ericsson Nikola Tesla d.d.(ERNT-R-A) will announce its 2007 results on March 18, 2008.

Ericsson Nikola Tesla has continued its activities in the Russian market. Late in January new contracts worth nearly 14 million kunas were signed.

Ericsson Nikola Tesla and Hrvatske telekomunikacije d.d., the largest fixed and mobile operator in the country, have signed two new contracts.

The year 2008 started out very good: Ericsson Nikola Tesla signed two new contracts with telecom operators in the Russian Federation, worth in total 6 MHRK.

Ericsson Nikola Tesla concluded several new export deals in the Community of Independent States, worth in total 12,5 MHRK.