STOCKHOLM, Sweden, Nov. 21, 2002 (PRIMEZONE) -- Sapa (Other OTC:SPKKF) (Stockholm:SAPA) continues its expansion and opens up new sales offices in Spain, the Czech Republic and in China.
With Sapa's strategy to grow outside Europe, China is an evident place to open a sales office.
"Our customers are getting more and more global and are spread all over the world. In order to easily supply them with specific solutions and systems, we want to follow their globalisation," said Staffan Bohman, President and CEO of Sapa.
The new sales office in Spain will be a compliment to Sapa's current activities on the Iberian Peninsula. Sapa Portugal is already developing, manufacturing and marketing value-added aluminium profiles for windows, doors and facade systems for the building and construction industry.
"Through our establishment in Spain, we will be able to market ourselves more distinct towards customers within the building and construction industry which represents more than 40 per cent of the Group sales," continued Bohman.
Sapa is opening a sales office in the Czech Republic as well. Sapa Aluminium in Poland is exporting to the Czech Republic since a few years back. The export is continuing to increase. "We are convinced that the Czech Republic with its industrial base well under development will suit Sapa's expansion well," finalises Staffan Bohman.
For further information, please contact:
Bo Askvik, CFO, +46-8-459 59 18 or +46-70-819 59 18
Sapa is an international industrial group focused on high value-added products based on the lightweight material aluminium. The products include profiles and heat-transfer strip in aluminium. Sapa has a turnover of approximately 12 billion SEK with 6,500 employees all over Europe and in USA and China. Sapa is one of Europe's leading companies within its field and the customers are found in the transport-, building-, engineering- and telecom industries. Sapa is listed on Stockholmsborsen.
Further information about Sapa can be found on our Website; www.sapagroup.com
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