Atlas Copco in China: Delivering Leaner, Greener and Keener Industrial Productivity Solutions.STOCKHOLM, Sweden -- Today, Atlas Copco Atlas Copco is a Swedish industrial company that was founded in 1873. It manufactures industrial tooling and equipment. The Atlas Copco Group, founded already in 1873, is a global industrial group of companies headquartered in Stockholm, Sweden. is holding a press conference in Shanghai, China. The objective is to give a deeper understanding of the Group's strategy, presence, and ongoing activities in China. The press conference is held when Atlas Copco, trading in China since the 1920s, celebrates the safe arrival of The Swedish Ship Gotheborg in Shanghai. Atlas Copco is one of the main sponsors in the voyage VOYAGE, marine law. The passage of a ship upon the seas, from one port to another, or to several ports. 2. Every voyage must have a terminus a quo and a terminus ad quem. between Sweden and China. Says Gunnar Brock brock n. Chiefly British A badger. [Middle English brok, from Old English broc, of Celtic origin.] , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the Atlas Copco Group: "The sponsorship of the Gotheborg highlights the strong commitment that Atlas Copco has towards trade with China, and underlines our values to customers: superior productivity, driven by innovation, interaction and commitment." The Ship shares some of the same values of Atlas Copco, including a pioneering spirit, advancement of technology, and a readiness to face challenges around the world. This week Atlas Copco will welcome over 3000 guests - customers, staff, and other stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. - from its three business areas in China: Compressor compressor, machine that decreases the volume of air or other gas by the application of pressure. Compressor types range from the simple hand pump and the piston-equipped compressor used to inflate tires to machines that use a rotating, bladed element to achieve Technique, Construction and Mining Technique, and Industrial Technique, each of which is experiencing the same dynamic growth in the country. Leaner, greener, keener, manufacturing China represents 6% of the Atlas Copco Group's 2005 revenues of BSEK 53 (BCNY BCNY Building Code of New York BCNY billion Chinese yuan BCNY Brazilian Center of New York 57) and is one third of the total Asian revenues. It is one of Atlas Copco's most important growth markets. "Atlas Copco's sales chiefly goes to local companies who are modernizing their approach in response to strong direction from Government that construction, mining and manufacturing must become leaner (more productive), greener (environmentally balanced, and safer) and keener (higher tech solutions), ideas embraced in the 11th Five Year Plan. Atlas Copco's brand promise perfectly matches China's leaner, greener, keener objectives," explains Brock. China's National Bureau of Statistics has announced that secondary industry such as manufacturing, construction and mining is driving China's economy. This has given extra power to Atlas Copco, who is experiencing double-digit growth of revenues in China - an average of 26% annually compared with a worldwide growth of 12% in the past three years. "Atlas Copco is in a privileged position to serve Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. and rental. In close cooperation with customers and business partners, and with more than 130 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 150 markets. In 2005, Atlas Copco had 27 000 employees and revenues of BSEK 53 (BCNY 57). Learn more at www.atlascopco.com. Atlas Copco China employs over 2000 people in 10 companies. There are eight production facilities, over 110 sales and service offices throughout China, and more than 200 distributors. Atlas Copco companies in China represent three of the four Business Areas of the Atlas Copco Group: Compressor Technique, Construction and Mining Technique and Industrial Technique. More information is available on www.atlascopco.com.cn. This information was brought to you by Waymaker http://www.waymaker.net |
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