Donako reports healthy order book
Reaping the Winds of Change
Donako, a leading supplier of steel components to the power equipment industry, has reported an order backlog of PLN 112m (€25.6m) in December, which amounts to over 60% of their budgeted revenues for 2009. Its customers, industry giants like ABB, Alstom, and Siemens, rebuild and refurbish Western Europes’s aging power plants. Their own backorder books are strong, and financing for many power plant projects is already confirmed (hence protected from current economic trends.) So, the 2009 demand outlook for Donako’s products is expected to remain strong.