DISTEC GmbH Intend to Locate New Production Facility in Shanghai, China
Shanghai, 11.02.2006

DISTEC is the first European outdoor advertising products company to

announce the opening of a production facility on Chinese mainland.

DISTEC GmbH announced today that its Board of Directors has

approved funding for the establishment of a new production facility

to be located in the People's Republic of China. Several possible

locations for the facility were discussed and considered throughout

2005, in January 2006 first visit to Shanghai. The CEO along with the

remaining Board members of DISTEC GmbH decided that Shanghai

will be the best city for new production facility of new incorporation

of DISTEC GmbH as DISTEC Shanghai.

With this news, DISTEC GmbH will become the first European

manufacturer and supplier of scrolling and out-of-home media

products for China's market as a further step into global expansion

of DISTEC corporation.


Commenting on today's announcement, DISTEC's CEO, Mr. Michael

Schöning, stated: "DISTEC is fully committed to the outdoor

advertising industry in China and to growing with our customers in this

important region of the world market. The Chinese government has

included the outdoor advertising industry in its future plan, this estimating

planning will create new opportunities and continued steady growth."

Michael Kaczmarek, DISTEC's Director, continued by saying:

"DISTEC sees continued opportunities in China's future.

The country's emerging market trends align well with our company's

growth opportunities as a market leader in outdoor scrolling signs,

street furniture, digital display technology and all other remaining

out-of-home media products."



 

 


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