New Schneider-Kreuznach subsidiary in Hongkong

Dirk Muschert, Managing Director of Schneider Asia Pacific Ltd., commented: “The new Hongkong subsidiary will support and grow the sales and sourcing activities of the Schneider Group both locally and regionally and will enable our company to form new partnerships and develop new business areas.” Before the new subsidiary was founded, Schneider-Kreuznach welcomed the Head of the business department of the Chinese consulate in Frankfurt/Germany, Mr. Zhai Quian, to the company’s headquarters in Bad Kreuznach. Schneider Asia Pacific Ltd. plans to establish another company in mainland China in the foreseeable future.

In addition to its headquarters in Germany and the new Hongkong subsidiary, the Schneider Group holds full-owned company and majority investments in the United States, England and South Korea.