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    DGAP-News  391  0 Kommentare Nanogate driving international growth forward - Strong foreign business expected for 2016


    NANOGATE AG / Key word(s): Expansion

    04.02.2016 11:01

    Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
    Group AG.
    The issuer / publisher is solely responsible for the content of this announcement.

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    Nanogate driving international growth forward - Strong foreign business
    expected for 2016

    New location in Turkey as gateway to markets in the Middle East -
    Significant orders have already been received with sales in the million
    range expected - Additional locations are under consideration - Asia and
    the USA acting as drivers for further growth

    Göttelborn, Germany, 4 February 2016. Nanogate AG, a leading international
    integrated systems provider for high-performance surfaces, is actively
    pursuing its internationalisation strategy. 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. During the 2015 financial
    year, Nanogate was showing a strong demand across the Group and therefore
    raised its forecast in November.

    Nanogate AG's CEO Ralf Zastrau commented: "Nanogate is already extremely
    successful internationally. Export business is continuously increasing in
    importance, and the Group is therefore moving into the next phase of its
    internationalisation strategy. Turkey is especially attractive to Nanogate:
    on the one hand, we see considerable opportunities for growth due to
    dynamic development there. On the other hand, the metropolis of Istanbul
    currently serves as a link between Europe and Asia. 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. We anticipate a significant increase in
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    DGAP-News Nanogate driving international growth forward - Strong foreign business expected for 2016 NANOGATE AG / Key word(s): Expansion 04.02.2016 11:01 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement. …