FP on growth course in Asia
- FP Asia celebrates official opening of its new office
- FP is a pioneer with the first production of franking machines in Singapore
Singapore, 2 October 2009, Francotyp-Postalia Asia Pte Ltd, a subsidiary of Francotyp-Postalia Holding AG, celebrated the official introduction of its new office in Singapore and took this opportunity to highlight the growth potential of the Asian markets. The ceremony was attended by more than 40 high-calibre guests, among them representatives of the Singapore Economy Development Board (EDB), Singapore Post, german Embassy and german Chamber of Commerce. This Board is responsible for promoting industries of the future in the City State and has supported FP in many ways in the past months. The opening ceremony was hosted by Marc Sempell, General Manager of Francotyp-Postalia Asia and Andreas Drechsler, member of the Management Board of the Francotyp-Postalia Group.
The new 15,000 sqft office centralizes Production, Procurement (for the production sites in Germany and Singapore), regional Sales and Administration, which were operating in different locations in Singapore in the past. The strategic move to the new location optimizes the internal processes. At the same time, the new office offers the necessary size and infrastructure for Francotyp-Postalia Asia’s growth plan.
Asia is identified as the growth market for the FP Group with a huge potential for the sale of franking machines and innovative solutions for outbound mail. Therefore, the Sales Department will significantly strengthen its presence in Asia with new partners and customers. The new production site is designed for optimal work processes and has room for further extension. “We will offer our production capabilities to other manufacturers. The target is to clearly increase our production volume and to produce at least one complete franking machine here in Singapore in the near future,” explained Marc Sempell. Among all worldwide manufacturers of franking machines the FP Group is the only one with a production in Singapore.
FP board member Andreas Drechsler explains: “It is now the right time to invest and to expand in Singapore. The global recession seems to come to an end and more and more enterprise customers are starting to invest again. The new upswing will be led by Asia and so we are happy to be here right now. The new infrastructure with this new all-in-one office will excellently support our growth plan here in Singapore and in Asia.”
Contact:
Francotyp Postalia Holding AG
Investor Relations
Sabina Prüser
Tel: +49 (0)3303 525 410
Fax: +49 (0)3303 53707 410
E-Mail: s.prueser@francotyp.com
