DGAP-News: SAF-HOLLAND S.A. expands its business in Turkey
(firmenpresse) - DGAP-News: SAF-HOLLAND S.A. / Key word(s): Miscellaneous
SAF-HOLLAND S.A. expands its business in Turkey
04.07.2011 / 11:46
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SAF-HOLLAND expands its business in Turkey
- Newly founded regional company to increase sales volume
- Turkey - an important location for the truck and trailer industry
Luxembourg, July 4, 2011 - SAF-HOLLAND S.A., a leading supplier for the
global truck and trailer industry, has strengthened its business in Turkey
through the foundation of a regional company, SAF-HOLLAND Otomotiv, based
in Istanbul. Mustafa Kasimli, who previously worked for automotive supplier
ZF in Turkey, is the company's General Manager.
Turkey is currently developing into one of the most important locations for
the truck and trailer industry. Almost all well-known European
manufacturers have already built up their production capacities there or
plan to do so. 'In line with our growth strategy, we intend to always be
close to our most important customers. Founding a Turkish subsidiary is
therefore a logical step', said Detlef Borghardt, CEO of SAF-HOLLAND. '
With growth of just under nine percent in 2010, Turkey is one of the
world's fastest growing economies. SAF-HOLLAND anticipates strong future
growth in transport volumes and a corresponding increase in demand for
commercial vehicles in Turkey and the entire region.
Company Profile:
With sales of approximately EUR 630 million in 2010 and over 2,800
employees, SAF-HOLLAND S.A. is one of the world's leading manufacturers and
suppliers of premium product systems and components primarily for trailers
as well as trucks, buses and recreational vehicles. The product range
encompasses axle and suspension systems, fifth wheels, coupling devices,
kingpins, and landing legs. SAF-HOLLAND customers include the majority of
large truck and trailer producers all over the world. The products are sold
to Original Equipment Manufacturers (OEMs) and Original Equipment Suppliers
(OESs) by means of a global service and distribution network and via
aftermarket channels directly to the end users and service garages.
SAF-HOLLAND has therefore established itself as one of the few
manufacturers in its sector that is internationally positioned with an
extensive product range and a broad service network. SAF-HOLLAND S.A. has
been listed in the Prime Standard of the Frankfurt Stock Exchange since
June 2007 and has been in the SDAX since December 2010.
Contact:
SAF-HOLLAND Group GmbH
Barbara Zanzinger
Hauptstraße 26
63856 Bessenbach
Phone +49 6095 301-617
barbara.zanzinger(at)safholland.de
End of Corporate News
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Language: English
Company: SAF-HOLLAND S.A.
68-70, boulevard de la Pétrusse
L-2320 Luxembourg
Großherzogtum Luxemburg
Phone: +49 6095 301 - 0
Fax: +49 6095 301 - 260
E-mail: info(at)safholland.de
Internet: www.safholland.com
ISIN: LU0307018795
WKN: A0MU70
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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130731 04.07.2011
Datum: 04.07.2011 - 11:46 Uhr
Sprache: Deutsch
News-ID 34527
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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