Bielefeld. GILDEMEISTER reports a positive result from the CIMT in Beijing with orders of Euro 12,2 million and 81 machines sold, GILDEMEISTER was very successful at this, Asia`s largest trade exhibition. Equally important are the offers for post- exhibition business initiated.
By yesterday, (22 April 2003) GILDEMEISTER, as the largest exhibitor at the Chinese exhibition, presented 12 high- tech machines and held negotiations with 2,465 companies. The innovative motorised lathe and milling machines, and the laser and ultrasonic techonlogy were greatly welcomed. The sustained impetus coming from the CIMT strengthen GILDEMEISTER`s Asia strategy and from a solid foundation for the business volume of the approximately Euro 50 million expected for this year in China. In the medium- term, GILDEMEISTER is planning to achieve a share of sales of around 20 % in Asia. Current figures for the first quarter of 2003 will be published by GILDEMEISTER on 08 May 2003.
The Executive Board