Posted to News on 16th Dec 2008, 09:47
Vacon creates new subsidiary in Denmark
Vacon is establishing a subsidiary in Denmark to further strengthen its foothold in the country. Vacon has been represented in Denmark for several years through its local distributor Eegholm A/S, and co-operation will continue in the future.
Heikki Hiltunen, Executive Vice President of Vacon, says: "Vacon's strategy is to continuously strengthen the company's global presence and to be close to the customers wherever they operate. We have been very pleased with our long-term distributor Eegholm and their excellent work in promoting the Vacon brand in Denmark. However, there is still room for growth for Vacon in the Danish market, and that is why we are establishing a subsidiary of our own in the country. This is in line with Vacon's strategy of investing in markets with a good growth potential."
Thomas Threwik, Managing Director of Vacon Drives A/S, Vacon's subsidiary in Denmark and MD of Vacon AB, Vacon's subsidiary in Sweden, comments: "Our co-operation with Eegholm will continue in good spirit, especially in the field of switchgear solutions. By establishing a subsidiary of our own we want to expand into areas which can be difficult for a distributor to reach. Our main segments in Denmark will be machine building, marine and offshore, HVAC, energy and water and wastewater.
"Our customers will benefit from Vacon's cross-border co-operation, as Vacon Drives A/S will be supported by their skilled colleagues in Sweden."
Vacon's subsidiary in Denmark will start operations on 1 January 2009, and initially the company will employ four former Eegholm employees. Vacon's Denmark office will be located in Sonderborg.
