STOCKHOLM--(BUSINESS WIRE)--Stockholm, Sweden, July 1, 2010: Today Atlas Copco has inaugurated a new fully-owned legal entity in the Democratic Republic of the Congo, bringing an extended offer and closer support to existing and new customers in one of Africa’s larger emerging markets.
The Democratic Republic of the Congo (DRC) is a country rich in natural resources with vast array of minerals, providing a growing market for Atlas Copco’s products. The new customer center, Atlas Copco DRC Sprl., markets products such as drill rigs and consumables for both underground and surface mining operations, as well as exploration equipment, compressors, and construction equipment. It is a wholly owned subsidiary with the main office in Lubumbashi and a branch office in Kolwezi.
“The rapid development of the business and the need for further geographical coverage of the Democratic Republic of the Congo made us decide to establish a fully fledged customer center,” says Björn Rosengren, Business Area President, Atlas Copco Construction and Mining Technique. “We believe in good business opportunities on the Congolese market and our new company will provide a strong base for future growth.”
Atlas Copco has previously managed the Congolese market from Atlas Copco Zambia Ltd. The new customer center will initially employ about 80 people, primarily in sales and service, in the Katanga Province with the intention to also set up an additional branch office in Kinshasa.
Atlas Copco may be required to disclose the information provided herein pursuant to the Securities Markets Act.
Atlas Copco is an industrial group with world-leading positions in compressors, construction and mining equipment, power tools and assembly systems. The Group delivers sustainable solutions for increased customer productivity through innovative products and services. Founded 1873, the company is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2009, Atlas Copco had about 30 000 employees and revenues of BSEK 64 (BEUR 6.0). Learn more at www.atlascopco.com (http://www.atlascopco.com/).
Atlas Copco’s Construction and Mining Technique business area develops, manufactures, markets and services rock drilling tools, construction and demolition tools, drill rigs and equipment. It innovates for superior productivity in surface and underground rock excavation, exploration drilling, rock reinforcement, ground engineering, water well, oil and gas drilling, and compaction and paving equipment worldwide. The business area has its principal product development and main manufacturing units in Sweden and the United States. More information is available on www.atlascopco.com.
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