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Estonian Krimelte planning to expand operations to India and China
BC, Tallinn, 20.10.2014.
Print version
Print versionManaging Director of OÜ Krimelte Alar Salum said that their enterprise is aspiring to expand the geographic scope of its exports, and is targeting large Asian countries as potential new markets, writes Äripäev.ee/LETA.
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Krimelte, a subsidiary of Wolf Group, has over the years grown into an industrial enterprise with an impressive scope in exports. In addition to having manufacturing units in Estonia, Russia, Spain and Brazil, Wolf Group has sales units in 12 countries.
In total, Krimelte’s products are sold in more than 50 countries and this year the company put ten new exports markets in its portfolio after acquiring a holding in the Spanish enterprise Olive Quimica.
“We currently have no manufacturing operations in Asia, but we are looking in that direction, and also seeking to launch sales there,” said Salum. “At the moment, for example, we are focussing on the market in India. We also have some less concrete projects developing in China,” he added.
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