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09. May 2018

Regional Headquarters in Shanghai receives certification

On April 28th, the Municipal Government of Shanghai, China held a certifying ceremony of multi-national companies' regional headquarters in Shanghai. Interroll Holding Shanghai Company, as the regional headquarter of Interroll Group in Asia-Pacific, was honored to participate in the ceremony, on which Mr.Ying Yong, the Mayor of Shanghai, handed the certificate over to Dr. Ben Xia, Executive Vice President and Head of Operations Asia of the Interroll Group. Since its establishment in 2014 in Shanghai, Interroll Holding Shanghai Company has experienced a fast and healthy growth of more than 20% CAGR, which has received high appreciation from the local the government.

Interroll Asia Pacific is always an important part of the Group. In year 2002, Regional Center of Excellence (CoE) was founded in Suzhou, the only CoE that can produce almost every product series of Interroll. After the acquisition of USA Portec, Interroll established another regional CoE in Shenzhen, China, focusing on Interroll Belt Curves, Spiral Belt conveyors and other products with leading market position. Interroll Holding Shanghai, as the headquarter of Asia Pacific, together with the two CoEs, aims at providing the first class of products and services to the customers in the Asia-Pacific region.

Interroll's sales in the Asia-Pacific region grew by 14.7% during the 2017 financial year and the company generated sales revenue of CHF 64.4 million. Demand for Interroll Rollers and Drives technologies , in particular, grew in this region. As in the past years, China is the key market in the region, and posted further growth as well as good order intake. As the fast development of the segment markets such as e-commerce, parcel and express, fashion, airport, and food etc., the strong growth trend will continue.

Dr. Ben Xia says: We are confident for the future. Asia-Pacific is in a favorable position as growth momentum continues to be. China, the largest economy of this region, has the potential to sustain strong growth over the next years. The medium and long term perspectives for this country are extremely favorable, this growth market, particularly in combination with the development of other countries, continues to provide great opportunities for powerful companies. Interroll successfully positions itself in terms of the trends related to industry 4.0, and is being perceived and appreciated as an “enabler” with the right solutions that generate added value by the customers.