Atlas Copco -a- (STO:ATCO A)

QUOTE AND NEWS


 
TOP CONTRIBUTORS


Atlas Copco in China

In the early 1980s, Atlas Copco established a company in Hong Kong with "Representative Offices" in Beijing, Guangzhou and Guangzhou.

In 1983-1985 Atlas Copco entered into product license agreements with six Chinese companies for the local production of some selected products.

Starting 1983, Atlas Copco used Joint Ventures to develop its China business.

Since 1998, Atlas Copco endeavors to incorporate its companies as Wholly Owned Foreign Enterprises, 100% owned by Atlas Copco, whenever possible.

Atlas Copco in China handles the sales, service and marketing of air and gas compressors, portable compressors, generators, construction and mining equipment, pneumatic and electric power tools and assembly systems, all backed up by a nationwide sales, distribution, service and maintenance network.


Atlas Copco currently has 9 companies on the Chinese Mainland (including 5 factories), producing, selling and servicing Compressors and Generators, Construction and Mining Equipment, and Industrial Tools and Assembly Systems. Atlas Copco has sales and service offices in 40 locations through out China, and there are over 150 contracted distributors.

Atlas Copco is growing rapidly in China, representing an important part of worldwide Atlas Copco sales and having over 2,000 employees. Sales to the manufacturing industry correspond to around half the sales, followed by the process & construction industries and other important industries like mining etc. Our companies in China are exporting to sister companies throughput Asia and also to overseas Atlas Copco distribution centers.

References

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki