Assel is experiencing another successive year of steady growth and a very healthy financial condition. The company is completely free of bank debt and is self-sustainable through running on its retained earnings.

The management of the company states: “Our strategy to maintain a diversified customer base by industry and a conservative approach in terms of financing has paid off. So far, our financials have been very pleasing, especially taking into account the difficult times. Additionally, we have made a number of investments in equipment, as well as expanded our engineering and strategic purchasing departments. The idea behind these steps incorporates further expansion of our client base and an ability to add value through offering a comprehensive range of solutions surrounding the manufacturing process”.

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