TETRA  |  2016-09-20

Entropia Raises 6.9 MIO Euro to Upgrade Dutch Network

Source: MCCResources

Entropia Critical Concepts recently announced that it will invest 6.9 Million Euro in it's Dutch private network.

The Entropia group features a strong concept of service. To make this possible in all countries where Entropia is now available, in the meantime, in the course of 2016, an additional investment of more than 6.9 million Euro will be made in the Dutch network. The critical communications network will be enhanced with more security.

Financials

Consolidated profit of the company has risen to 5.2 million euros with fixed financial assets of over 25 million. The company’s solvency will be further enhanced by a debt/equity-swap that is to be carried out in the course of 2016.