Profits double at Transas Marine

Profits at Transas Marine more than doubled in 2012, as the tech firm posted a pre-tax profit of €13.4 million for the year ended June 30, 2012.

30th March, 2013

Profits at Transas Marine more than doubled in 2012, as the tech firm posted a pre-tax profit of €13.4 million for the year ended June 30, 2012, up from €6.1 million the previous year.

Transas, a software and technology provider for the marine industry, set up its international headquarters in Cork in 2003 to coordinate and manage the company's worldwide operations and supporting subsidiaries and companies in Russia, Britain, USA, Germany, Sweden, China and Singapore.

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