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Wincor CEO says U.S., China are focus for ATM growth

March 18, 2007

MalaysiaStar: Eckard Heidloff says the United States and China are his company's two-largest potential markets for ATM business. "We are trying to grow faster there," he said. Wincor Nixdorf International is placing more emphasis on Asia-Pacific, where it expects to see double-digit growth in sales in coming years. The ATM market in China is estimated to grow at an average annual rate of 8 percent over the next five years, contrasting the expected global growth drop - from 10 percent in 2001 to 6.5 percent in 2005 to 3 percent by 2011. 
 
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