Recently, Freudenberg group announced that they had invested 23 billion yuan in China totally in the past decade, and they will increase investment to 500 billion yuan just in filter business in the coming two years. The Qingpu Shanghai special lubricant and release agent R & D center is about to build in Shanghai.
As a
multinational technology company with 165 years history, Freudenberg’s Chinese
district performance in fiscal year 2013 reached to a new level. The sales revenue
increased to 13 billion yuan, increased 33% in 2013. China district has
increase 621 employees, reach to 6305 people in total. Hanno D. -Wentzler, regional representative
for Asia said that, Freudenberg group aims to contribute to China’s development. LESS
project can reduce carbon dioxide emissions. What’s
more, Freudenberg group can offer alternative fuels, sealing technology and raw
materials for drive concept. Freudenberg group also offers air purification
series to against Fog and haze in China.
Expert of Kcomdata, leading Chinese
private company intelligence and service provider, claimed that the saying of
foreign investment decline in China is not correct.
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