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Wincor announces expansion in China
March 5, 2007
PADERBORN, Germany - Wincor Nixdorf International says it's preparing for growth in Asia with the opening an enlarged production facility and software competence center near Shanghai, China.
"This expansion of our production capacities in China reflects not only our success in this country to date but also our expectations for future business," said Wincor president and chief executive Eckard Heidloff.
The new facility is expected to be 15,000 square meters in size, 10,000 square meters larger than the company's current Chinese facility.
The Shanghai factory manufactures banking and retail products.
"In order to introduce our innovations to the Chinese market more rapidly and flexibly, and to respond to local demand better, we have also expanded our software competence center," Heidloff said.
The solution center is part of Wincor's worldwide software-development network. It enhances capacities for integrating and adapting international software in Asia. Heidloff said the center in China is "pivotal" to the expansion of the region's solution business.
"Our objective is to vastly expand our market position in Asia over the coming years," he said.
According to a news release, approximately 400 people are now employed at Wincor Nixdorf China, and approximately 1,500 of the company's 8,000 employees are based in Asia.
North AmericaManufacturersOtherBanking Executive SummaryPublic CompaniesAsia, Australia & PacificBank / Credit UnionWincor Nixdorf International
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