Cable assembly provider CiS electronic GmbH continues to grow in the 2nd quarter 2020

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Cable assembly provider CiS electronic GmbH continues to grow in the 2nd quarter 2020
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Cable assembly provider CiS electronic GmbH continues to grow in the 2nd quarter 2020

The CiS electronic GmbH in Krefeld with production sites in the Czech Republic and Romania, continued to grow in the 2nd quarter 2020 significantly above the previous year.

The revenue of the CiS electronic GmbH increased by 11% in the second quarter and above the previous year and therefore significantly stronger than the rest of the market. Although the "Corona crisis" led to a slight decline in some customers, CiS continued to enjoy strong demand in the middle of the year.

„I am pleased, that the CiS-group continuous his successful path in all areas”. The expected effects of  the „Corona-Crisis“ in the 2nd quarter were almost completely compensated by additional revenues in the energy and medical technology market. Many customers trust CiS especially now in these critical times, as CiS is economically sound, reliable and sustainably positioned.

The 3rd quarter is already proving to be very successful. The CiS-group will increase the capacities on all production sites and will create additional jobs. „I am particularly pleased about this in our 45th anniversary year, especially since our anniversary celebration has unfortunately had to be cancelled due to the Corona pandemic” said Peter M. Wöllner, owner of the CiS Group.

CiS is a renowned provider of brand-name cable assemblies, a reputation founded upon placing sustainable concepts, quality, speed of response and reliability at the service of its customers. From the perspective of its customers, CiS is now one of the best on the market. In particular, customers appreciate the active contribution that CiS makes to their “total cost of ownership”, which in turn promotes and enhances their competitiveness. Once again in 2019, CiS was named as one of the finest employers in the world in a WCA audit conducted by Auditor Intertek, London.

CiS electronic GmbH, D-Krefeld
CiS automotive GmbH, D-Krefeld
CiS systems s.r.o., CZ-Nové Město p.S.,
CiS automotive SRL, RO-Sibiu/Hermannstadt
www.cis.de