DGAP-News: Einhell Germany AG: Active business startup in Brasil

DGAP-News: Einhell Germany AG: Active business startup in Brasil

ID: 24383

(firmenpresse) - Einhell Germany AG / Miscellaneous/Miscellaneous

26.07.2010 08:16

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Active business startup of Einhell subsidiary in Brasil

Einhell Germany AG (ISIN: DE0005654933) which is listed under
Prime Standard of Deutsche Börse AG announces that the new subsidiary
Einhell Brasil has now started its operative business as planed.
In the first month of the active operation new customers could be aquired
so that an expected turnover of around 600,000 BRL (= around TEUR 260) will
be generated with them in July. Einhell is very positive about a successful
business development in Brasil because the management in Brasil has very
good customer contacts and an excellent know how in power tools.
With the latest foundation Einhell Brasil and the formation of Einhell
Chile in the year 2008 Einhell Germany develops two important strategic
growth markets on the South American continent.
Because of the successful market entry in both countries Einhell Germany AG
is encouraged to continue with further countries in South America (e.g.
Argentina) and to push forward the foundation of own sales companies in
this region.

Landau/Isar 26th July 2010

Board of directors


26.07.2010 08:16 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------

Language: English
Company: Einhell Germany AG
Wiesenweg 22




94405 Landau/Isar
Deutschland
Phone: +49 (0)9951-942-166
Fax: +49 (0)9951-942-293
E-mail: helmut.angermeier(at)einhell.com
Internet: www.einhell.com
ISIN: DE0005654933, DE0005654909
WKN: 565493, 565490
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg

End of News DGAP News-Service

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Bereitgestellt von Benutzer: EquityStory
Datum: 26.07.2010 - 08:16 Uhr
Sprache: Deutsch
News-ID 24383
Anzahl Zeichen: 0

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Kategorie:

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