The history of STROM 
                              telecom has developed very rapidly during the last 
                              2 years, could you summarise the most important 
                              changes for this period of time?   
                              First of all I would like to underline that we have 
                              finished one of the most serious development programs 
                              we have ever undertaken. It is the development of 
                              a very complicated and concise switching platform 
                              that is used not only for voice switching but also 
                              for data transfer. We have also improved our equipment 
                              and the systems we use, primarily because we wanted 
                              it to be in accordance with the EU norms. The result 
                              of all this work has been the approval of the quality 
                              of our products by the EU's corresponding institutions. 
                              We have also received positive results from the 
                              Interoperability test and practically that means 
                              that the doors are now open to the EU markets and 
                              that is something that is included in our future 
                              plans. Our products have also been tested by one 
                              of the first-rate EU's Telecom and they were approved 
                              and accepted, which is a very good sign and it is 
                              also a great reference for the future. 
                               
                              You used to be more interested in the eastern 
                              markets and the CIS countries, does that mean that 
                              you are going to change your foreign market orientation? 
                               
                               
                              When you work in this business you have a very limited 
                              number of opportunities. Basically your clients 
                              are only Telecom operators and as you know there 
                              are usually two or three of them in a country. What 
                              we can offer them is a strong support team and very 
                              good hardware-software solutions. We are really 
                              listening to our clients, we are adapting our products 
                              and services to their needs. Regarding our orientation, 
                              there is going to be a change. We decided to make 
                              a shift in our business orientation and try to penetrate 
                              the Western European markets. This is going to be 
                              easier now, with the reference that we have from 
                              German alternative telecom operator. We would like 
                              to decrease our dependence on the CIS market and 
                              to increase revenues coming from Western Europe. 
                              This Year we will already have only 30 to 40% of 
                              our revenues coming from CIS market and it will 
                              further decrease.  
                               
                              The number of your subsidiary companies has also 
                              grown a lot, what are the developments? 
                               
                              I want to emphasise the fact that the company has 
                              grown also in its size. We have 550 employees working 
                              for STROM and 15 subsidiary companies. We have bought 
                              additional land around the territory where we are 
                              situated now and we are going to develop more in 
                              our size.  
                               
                              How has that increase contributed to the financial 
                              turnover of the company?  
                               
                              The company has been steadily growing since its 
                              establishment and we had an average increase of 
                              turnover of 15 to 20% per year. The telecom business 
                              has not been performing very well in the last years 
                              and everybody is kind of expecting something really 
                              revolutionary and big that would get the sector 
                              going again. We are always using the latest technology 
                              that enables us to create products according to 
                              the latest criteria and to lower the production 
                              costs. In spite of our dramatical growth we remain 
                              very flexible, so we can adjust our products to 
                              the needs of the market. Our platform and systems 
                              are all based on plain open decisions and they provide 
                              complete network solutions.  
                               
                              As I understand you already work with Germany, 
                              what has been your most important project there? 
                               
                              Yes, we are definitely working in Germany. Moreover, 
                              we have installed there a complete network of our 
                              switches in the 15 biggest cities of the country 
                              and the network is now run by us entirely. Our network 
                              management system has enormous ability for remote 
                              on line monitoring and control the whole network 
                              and every elements of it, this means that this network 
                              is managed from our office in the Czech Republic. 
                              So, our customer does not need recruit, train and 
                              keep personnel for network operating and maintaining. 
                               
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                              What other countries have shown an interest in 
                              your products? 
                               
                              You know, we have such interest from almost all 
                              over world, but inquiries which we got from Western 
                              European countries, especially Great Britain, United 
                              States and Asian region are much important for us, 
                              and that is why we are more active in these regions. 
                               
                              One of the major differences between you and 
                              your competitors is the approach that you have to 
                              your clients, how has that helped you develop your 
                              business?  
                               
                              Yes. I would say that this is the major difference 
                              between them and us. Of course I don't want to compare 
                              STROM telecom to Ericsson or Nokia, because those 
                              are huge companies with a tremendous financial and 
                              intellectual potential, but they are very slow. 
                              If you look at our business, there are these big 
                              companies and there is nobody behind them, there 
                              are no medium size companies that could fill the 
                              gap. That is our aim, to become one of these medium 
                              size companies and we are succeeding. Our strength 
                              is our size, we can adapt easily and we are flexible 
                              in choosing our direction of development. When we 
                              established ourselves here in the Czech Republic, 
                              we bought one of the Tesla manufacturing. It was 
                              a good start because that brand was very well known 
                              in the world for its good quality products, but 
                              they were without any program. So after we bought 
                              them we implemented our production programme and 
                              it worked very well. Now our factory, Tesla Tech 
                              is one of the biggest production lines in Central 
                              Europe. Production capacity of our pick and place 
                              machines is 1 million electronic components per 
                              day and currently we use for our own needs 40% of 
                              this capacity, 60% of it is going for world-wide 
                              sales to the markets that I have mentioned before. 
                               
                               
                              What would be the latest products developed by 
                              the company? 
                               
                              One of the latest products is called AGNES, Advanced 
                              -Generation Network Solutions. It is a packet-switched 
                              network solution designed universally for voice 
                              and the new broadband services.  
                              For today we have fully complete pre-production 
                              sample in our laboratory and all technical and technological 
                              items of its development and manufacturing are clear 
                              for us and under our control. The market for this 
                              product is huge and very serious, and by it's size 
                              exceed STROM's current opportunities. Marketing 
                              and sales - our main task for the near future. To 
                              fulfil it we have designed our partnership program. 
                              And, who knows may be among your readers there are 
                              some that will be interested in it.  
                               
                              The choice of the location was a coincidence, 
                              nevertheless it turned out to be the right choice, 
                              how has been your experience working here? 
                               
                              This experience has been great. The Czech Republic 
                              is a great place to make business. All the ministries 
                              and all the officials were very friendly and helpful. 
                              The country is very suitable because it is very 
                              stable and they are able to have a good production 
                              here. Regarding our personnel, they are great people. 
                              They are really good specialists and 90% of my success 
                              is thanks to them. I always say, that the combination 
                              of foreign management and local specialists is the 
                              best, because I have the approach of a businessman 
                              and they are doing a great job with the research 
                              and technical details. This is why 10 years ago 
                              we chose Tesla Votice to be our main production 
                              site, people here are used to work with technology, 
                              they have a tradition to work, and they are very 
                              responsible and most importantly they are very able 
                              in the technical field. I would also mention that 
                              Prague is a beautiful place to live and it is one 
                              of the most beautiful places in Europe. 
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