netzkontor was established in 2008 and operates in two different business segments with around 100 employees. Under the “netzkontor” brand, the company offers a range of services relating to the planning and supervision of fibre-optic network construction. Its subsidiary OpenXS handles network management for operators of fibre-optic networks. The regional focus is on the German federal state of Schleswig-Holstein, where netzkontor operates in two other locations in addition to its headquarters in Flensburg. Having recently opened an office in Schwerin, the company is now also active in Mecklenburg-Western Pomerania.

The demand for fast Internet connections is increasing among both private households and companies. However, broadband coverage has so far expanded at a sluggish pace in Germany in comparison with other European countries. More than 40 million households in Germany have not yet been connected to a fibre-optic network. In this favourable market environment, netzkontor is benefiting from its strong reputation as a reliable, high-quality provider and from its project management expertise. It is also expected to achieve double-digit revenue growth in the coming years. The plan is to further drive forward the company’s regional expansion and the diversification of its customer base by way of acquisitions.

netzkontor acquired BIB TECH GmbH, a provider of services related to the planning and construction of telecommunications networks, in May 2018 – four months after the investment started. A second company acquisition was agreed in August with the acquisition of BFE Nachrichtentechnik GmbH. Due to the resulting expansion of capacities and strong demand, netzkontor’s revenues and earnings in the 2018 financial year are forecast to be higher than originally expected.

netzkontor also plans to increase revenues and earnings in 2019. In view of the continuing favourable market environment, the management team is focusing on expanding capacities through further acquisitions and hiring new employees.