Wolong Wants ATB to Become World Market leader

Published: March 24, 2012; 13:40 · (Vindobona)

The Chinese Wolong Group, which took over ATB last year due to A-Tec´s insolvency, has big plans for the engine producer.

Wolong Wants ATB to Become World Market leader / Picture: © Vindobona.org

ATB (Austria Antriebstechnik AG), a former subsidiary of the insolvent A-Tec Group, should become the world market leader within the next five years. The Chinese Wolong Group, acquired ATB last year.

Wolong´s CEO Jiancheng Chen states: “In five years, we want ATB to become the number one of the industry.” ATB should act as bridge head for future major acquisitions.…

This article includes a total of 183 words.

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Wolong Wants ATB to Become World Market leader

The Chinese Wolong Group, which took over ATB last year due to A-Tec´s insolvency, has big plans for the engine producer.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.