Nanogate Driving International Growth
Nanogate AG, integrated systems provider for high-performance surfaces with headquarters in Quierschied-Göttelborn, Germany, has opened a sales office in Istanbul, Turkey. From its new location in Istanbul, the Group wants to access the attractive markets in Turkey and the Middle East.
In addition to a sales office, Nanogate Teknology AS is also looking to open up its own production for the growing application area, N-Glaze Security. The Group is simultaneously looking to open further international locations. Alongside strong sales in Asia, the company is also expecting significant growth in US business.
Nanogate AG’s CEO Ralf Zastrau commented: "The expansion to Turkey is a significant strategic investment for Nanogate, especially as we have already received the first orders for our N-Glaze Security product line, which was established in 2015, and began operating in the market only in recent months. The expansion into new international markets signifies an important step forward as part of our growth strategy Phase5, which will increase profitability and achieve sales of EUR 100 million in sales in the medium term. Furthermore, we are also planning additional steps for international growth in 2016."
Would you like to subscribe to our Newsletters on plastics technology and profit from the latest information?
Looking for a new challenge? Check out our jobs market!
Patents encourage innovation: Stay on the ball with the latest innovations in the plastics industry in our patents section.