The world leader in cryogenic pumps and turbines production has released positive financial figures for 2008.

For many companies, 2009 looks set to be a troublesome year; for Cryostar, a company at the forefront of cryogenic technology, things don’t seem so bleak.

In 2008, the company reached a consolidated turnover of € 213.9 million, a 14% increase on 2007, where the turnover stood at just € 188.2 million.

A considerable proportion of the rise has been attributed to the company’s industrial gases sector, which made a 42% increase.