Vacon to extend services in Latin America

Vacon to extend services in Latin America

ID: 7283

(Thomson Reuters ONE) - Vacon Group, Press Release, 22 October 2009The global AC drives manufacturer Vacon is extending its services inBrazil, where the economy is rapidly recovering from a short-termrecession."Now that the economy is picking up again in Brazil, we see a lot ofbusiness opportunities in Latin America. To serve our existing andnew customers and partners even better, we have employed newpersonnel and moved our office in Barueri, São Paulo, to new andlarger premises," says Heikki Hiltunen, Executive Vice President,Vacon Group."Our growing sales figures have increased the need for technicalsupport. Now we are strengthening a technical support and servicenetwork in Brazil and we will expand the network to cover the entireLatin America," says Claudio Luis Baccarelli, Managing Director,Vacon Latin America. "We also want to win a bigger share of themining, pulp & paper and marine & offshore segments, and we arelooking for partners in original equipment and original designmanufacturer businesses. With a strong local team we will be able toprovide fast deliveries and high-quality support and services to ourexisting and new customers," Mr Baccarelli concludes.Vacon founded an office in Brazil in 2007. The inauguration of thenew premises will be celebrated on 22 October with customers,cooperation partners and representatives of the Vacon Groupmanagement attending at the ceremony. The guest of honour will be MrJan Jarne, Finland's Honorary Consul General in São Paulo, Brazil.The contact information of the office is: Vacon América Latina Ltda.,Av. Sagitário, 447, AlphaConde 1, Barueri - SP - 06473-073, Brazil,Tel. +55 11 4166-5707, Support telephone line: +55 11 8467-8642, Fax.+55 11 4166-5567, e-mail vacon.brazil(at)vacon.com.After the inauguration, Vacon will participate in the ABTCP-PI 2009exhibition, the most important event in the Latin American pulp andpaper sector organized in São Paulo, Brazil on 26-29 October.Brazil is the 10th largest energy consumer in the world and thelargest in Latin America. Vacon variable speed AC drives bringconsiderable energy savings and improve process control. These twomajor benefits provide a significant market potential in LatinAmerican countries, where the energy infrastructure is being built upand blackouts are frequent. Companies are increasingly adopting theAC drives technology to reduce energy costs. Additionally, complexapplications in many industries are using AC drives to gain betterefficiency. This is likely to sustain the low-voltage drives marketin the coming years.Vacon GroupFurther information:* Heikki Hiltunen, Executive Vice President, Products and Markets,Vacon Group, mobile +358 (0)40 8371 609* Claudio Luis Baccarelli, Managing Director, Vacon América LatinaLtda., +55 11 8174-9556Press contact:* Sebastian Linko, Director, Corporate Communications, Vacon Group,mobile +358 (0)40 8371 634, email sebastian.linko(at)vacon.comVacon in brief:Vacon is driven by a passion to design, manufacture and sell only thebest AC drives on the planet - and nothing else. AC drives can beused to control electric motors or to help generate power fromrenewable sources. Vacon has R&D and production units in Finland, theUnited States, China and Italy, and sales offices in more than 25countries. In 2008, Vacon had revenues of EUR 293.2 million andglobally employed ca 1,200 people. Vacon's shares (VAC1V) are listedand publicly traded on the Helsinki Stock Exchange.Driven by Drives, www.vacon.comDistribution:Main mediaThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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Bereitgestellt von Benutzer: hugin
Datum: 22.10.2009 - 13:00 Uhr
Sprache: Deutsch
News-ID 7283
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