Freudenberg to extend efforts in China
ERJ staff report (DS)
Weinheim, Germany -- The Freudenberg Group is continuing its commitment to the growth market in China during the difficult economic period. The family-owned company generated sales of 358.4 million Euro in the region in 2008. This corresponds to year-on-year growth of 8.1 percent.
In the People's Republic of China, sales rose by as much as 18.7 percent. The headcount increased from 3,607 in 2007 to 3,764 in 2008. By the end of 2008, the Group had invested over 167 million Euro in production and sales in the region. The company's strategy is: long-term commitment in China for long-term success.
This is an external link and should open in a new window. ERJ is not responsible for the content of external sites.
Press release from Freudenberg
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
- Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
- Unlimited access to ERJ articles online
- Daily email newsletter – the latest news direct to your inbox
- Access to the ERJ online archive