Hess AG inaugurates regional Asia-Pacific office in Singapore
(firmenpresse) - (DGAP-Media / 15.11.2012 / 16:30)
Hess AG inaugurates regional Asia-Pacific office in Singapore
- Growing demand for energy-efficient LED lighting technology in major
cities
Villingen-Schwenningen, Germany / Singapore, November 15, 2012 - Hess AG
has given itself improved access to the Asia-Pacific market by extending
its regional presence through its new Singapore office. This month saw the
official inauguration of the sales branch in Singapore, the base from which
the globally active manufacturer of outdoor and architectural lighting
plans to boost sales of LED products in the region. A specially created
display area to showcase the range of products available from the Hess
Group provides clients with hands-on experience of the benefits
energy-efficient outdoor lighting design has to offer them.
Latest studies forecast strong growth opportunities in the LED segment in
Asia-Pacific. According to management consultants McKinsey, the value of
the LED share of the lighting market in Asia (excl. China) is set to grow
from EUR1 billion in 2011 to EUR13 billion by 2020. A growth rate of
similar magnitude is anticipated in China, a market in which Hess AG has
already been represented for many years through its Beijing-based sales
office.
'We are seeking to secure ourselves a larger slice of the Asia-Pacific
market, most especially for the '.hess' and 'emdelight' brands. Our knowhow
helps lighting designers, architects and relevant public authorities to
achieve their objectives. Our bigger local footprint in the region will
make cooperation with construction firms and general contractors a lot
easier,' says Christoph Hess, CEO of Hess AG.
Hess AG combines technological expertise with sophisticated design and high
product quality. The company's portfolio includes 'designed and functional
outdoor lighting' for streets, squares, and public spaces, architectural
lighting and lighting installed in close proximity to buildings, as well as
matching street and site furnishings for public spaces.
About Hess
Hess AG (ticker symbol HEAG), headquartered at Villingen-Schwenningen,
Germany, is an internationally established manufacturers of external and
architectural lighting. The primary focus of the Hess AG Group's activities
is on energy-efficient lights utilising modular LED technology. The
company's products are distributed and sold in more than 50 countries
worldwide. The company manufactures at three locations in Germany and the
USA; additionally, Hess also has final assembly capacities, which include
plants in Japan and China.
On the Internet at www.hess.eu.
Contact
Hess AG Hess AG
Marco Walz Sandra Haus
Investor Relations Corporate Communications
Lantwattenstraße 22 Lantwattenstraße 22
78050 Villingen-Schwenningen 78050 Villingen-Schwenningen
Phone: +49 7721 920-475 Phone.: +49 7721 920-466
Fax: +49 7221 920-771475 Fax: +49 7721 920-771466
Mail: marco.walz(at)hess.eu Mail: sandra.haus(at)hess.eu
www.hess.eu www.hess.eu
End of Media Release
The picture belonging to this press release can be found here:
http://newsfeed2.equitystory.com/hesseu/193469.html
Caption: Der Vorstandsvorsitzende der Hess AG, Christoph Hess (4 v.
l.), bei der offiziellen Einweihung der Hess Dependance in Singapur.
Von hier soll der Absatz energieeffizienter LED-Produkte in die
asiatisch-pazifische Region vorangetrieben werden. Zum Team vor
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Issuer: Hess AG
Key word(s): Trade/Services
15.11.2012 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Hess AG
Lantwattenstraße 22
78050 Villingen-Schwenningen
Germany
Phone: +49 7721 920 0
Fax: +49 7721 920 250
E-mail: hess(at)hess.eu
Internet: www.hess.eu
ISIN: DE000A0N3EJ6
WKN: A0N3EJ
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP-Media
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193469 15.11.2012
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Datum: 15.11.2012 - 16:30 Uhr
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