Wolong Wants ATB to Become World Market leader

Industrials › Automotive ♦ 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.…

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