Article Tools

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: © Flickr

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.

or Log In

Fast News Search