Kromek Group Plc (LON:KMK)

Healthcare

Kromek Group plc is a leading UK-based supplier of radiation detection equipment and technology. The components and devices offered by the company are used in a range of industries, such as civil nuclear industry, medical imaging, CBRNe security as well as safety screening markets. It was founded in the year 2003 as Durham Scientific Crystals (DSC) and its headquarters are situated in Sedgefield, United Kingdom. It was renamed as Kromek in 2008 and in the same year it started working for the United States Department of Defense and later next year with the Department of Homeland Security. It started working with NASA in 2012 before getting listed on the alternative investment market of the London Stock Exchange since 2013. It is a constituent of the FTSE AIM All-Share index and complies with the UK City Code on Takeovers. Its subsidiaries include eV Products, Inc and NOVA R & D, Inc.

The group operates in the UK as well as the US (California and Pennsylvania) but it sells its products across the globe through its distributors, direct sales and OEM. The products offered by the company are based mainly on cadmium zinc telluride (CZT) as well as other advanced technologies. The application of kits products may range from cancer detection to the analysis of hazardous radioactive materials. Its product range covers Civil nuclear radiation detection products, medical imaging products, CBRNE Homeland Security products, CZT imaging development platforms, and Gamma spectroscopy software.

Kromek Group plc follows a well-defined framework of corporate governance and aligns itself with the Quoted Companies Alliance (QCA) Corporate Governance Code. Its board has set up separate committees for audit and remuneration. It has an ethical code of conduct for running its business operations and promotes a culture of trust, transparency, accountability, equality, and diversity. It has a Corporate Social Responsibility (CSR) framework in place, and it actively works with customers, suppliers, employees and partners under its responsible business framework. Apart from fulfilling all its corporate responsibilities, the company also fulfils its environmental and social responsibilities and complies with international best practices and guidelines to create a sustainable business. It uses 100% renewable energy for its operations and aims to minimize the impact of its business activities on the environment and create long-term value for the business as well as the wider community.

Contact Information

company address Kromek Group PLC Netpark Incubator, Thomas Wright Way STOCKTON-ON-TEES TS21 3FD United Kingdom GBR

company phone+44 174 062 6060

company websitehttp://www.kromek.com/

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