Why Singapore firms are entering the German market, and how Enterprise Singapore is helping them

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 36 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 66%

Enterprise Singapore 뉴스

Manufacturing Sector,Europe,Germany

Enterprise Singapore, which champions internationalisation, said it has seen a spike in companies exploring opportunities in Europe post-pandemic.

Singapore-based Accuron Technologies expanded into Europe by acquiring a German firm that manufactures semiconductor equipment. Among these companies is Accuron Technologies, which expanded into Europe by acquiring a German firm that manufactures semiconductor equipment.

Another firm, Armstrong, which makes film and foam products that insulate noise, vibration and heat, built its brand in Germany. Many small- and medium-size enterprises in Germany, have faced challenges in growing due to the limited size and market size in Germany, and want to venture out, but they have limited opportunities, he said.

In 2021, the firm wanted to bring its artificial intelligence software out of Asia in 2021, and crack into the European market through Germany. EnterpriseSG appoints a network of partners to accelerate firms’ journeys by familiarising them with a market, helping them strategise and building connections, said its assistant managing director of innovation Emily Liew.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

SBF plans initiative to help S’pore businesses benefit from cross-border trade, investmentThe move will be supported by the Ministry of Trade and Industry and Enterprise Singapore.
출처: The Straits Times - 🏆 8. / 63 더 많은 것을 읽으십시오 »