Greek high-tech firm from northern city of Drama conquers US market

“Raycap” is a Greek exporting company which was established in the city of Drama thirty-two years ago. Against all odds, it has not only survived but managed to conquer the American market with its high-quality technology-related products, according to greekreporter.com.

Raycap manufactures products for the high-tech sector, and offers services in the areas of telecommunications, renewable energy, transportation, defense as well as other applications.

It is regarded as one of Greece’s most successful exporting companies; more than ninety percent of its products and services are exported outside of Greece, especially to the United States.

The company’s main goal is to ”shield” the products of its high-profile clients. For example, when one of the company’s customers designs and operates sophisticated equipment, Raycap will manufacture the products which will keep the equipment running seamlessly.

One of the primary focuses of the Greek company from the very start was innovation. The Greek company places such a huge emphasis on creativity that, after nearly three decades of experience, Raycap now owns a score of patents.

The specialty business also attracts some of the most significant global players with which to collaborate and do business.

In 2018, the Greek company took another important step in the market by obtaining the American firm “Stealth Concealment Solutions.”

The acquisition of Stealth Concealment boosted Raycap’s ability to provide integrated small cell telecommunications infrastructure solutions for “Next Generation” 5G telecommunication networks.

This makes the company an important leader in the field of telecommunications, in an era in which 5G technology is becoming more and more significant.

Considering all these developments, Raycap serves as a notable example of how a Greek company can not only overcome Greece’s economic structural issues, but thrive, and turn into an undeniable success story.

Raycap now has offices in more than ten countries, including the US, France, Germany, Cyprus, and of course, Greece, where it all started three decades ago.

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Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Pitichinaccio