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Chinese market leader NGC sets up European head office in the Port of Duisburg

Published: 2015-04-29

    

Source: the Duisport Group's website (www.duisport.de)

Transmission and drive technology specialist NGC now serves European market from Germany / Impressed by locational advantages and logistics know-how.

Duisburg, 20 March 2015 – NGC is the first Chinese company to settle in the Port of Duisburg. Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd (in short: NGC) is a global player in the transmission and drive technology industry. By establishing its European head office in Duisburg, the manufacturer now offers European customers direct access to its products and services. Proximity, spare part inventories and bundled know-how offer the basis for optimum customer support and rapid response time. In this context, NGC is supported by the large range of services offered by duisport Group. "This is an important step in the continued development of our diversified connections to the Chinese market, which have been established in recent years," says Erich Staake, Chief Executive Officer of Duisburger Hafen AG.

"NGC's decision to set up its European head office in the Port of Duisburg confirms the attractiveness of this location and its importance as the leading logistics hub in Central Europe. With our full-service approach, which includes development of logistics solutions for the loading industry, we offer the ideal complement to NGC's service range. In this way, we are able to address the growing requirements for flexibility and performance while also generating new added value at this location," emphasizes Erich Staake.

From the new NGC location, European customers have direct access to sales and distribution, engineering and all services related to design, procurement, inspection, maintenance and reconditioning of transmissions for wind power and industry applications. During its search, NGC was assisted by the Federal state's own economic development company NRW.INVEST.

"Duisburg is the ideal location for our market entry in Germany and Europe. The central location, proximity to our customers and research institutions and an excellent connection to all transport carriers made this an easy decision. Added to these factors are the various logistic services provided by duisport Group, which are highly respected at our corporate headquarter in Nanjing as well, especially because of the direct rail connection to China," says Dr. Heinz-Peter Ehren, Managing Director & President of NGC Transmission Europe GmbH.

The parent company was founded in 1969 as Nanjing machine shop. After a restructuring and expansion process, it was renamed Nanjing High Speed Gear Factory in 1976. Further restructuring followed in 2001 when the company became listed on the stock exchange. Since 2007 it is listed on the Hong Kong stock exchange as China Transmission (Stock Code 0658). Within China, the company, which has approximately 10,000 employees, is considered one of the 100 most important and most competitive companies in the Chinese mechanical engineering industry.

As a result of a globalization process which started two years ago, China Transmission has already established a subsidiary in the US for the North and South American market and in Singapore for the Asia-Pacific region. The official inauguration of the new location in the Innenhafen and the approximately 1,000 square meter industrial building in the Port of Duisburg is planned for middle of the year.

 

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