Shortcut to Body Shortcut to main menu

News & Event

  • Home
  • News
  • News & Event
SBC Busan to Recruit Companies for German Auto Parts Show
Date
2014.02.12
Views
693

(BUSAN = Newsis) The small and medium Business Corporation (SBC) Busan Regional Office announced that it recruits five companies by February 18 to participate in Frankfurt International Auto Parts Show (Automechanika Frankfurt 2014).

The companies will be provided with booth rent up to KRW six million, and KRW 500,000 for interpretation display items shipment and others.

Automechanika Frankfurt 2014, which has been held every other year since 1971, marks its 21st anniversary this year. It is the world’s largest auto parts exhibition with more than 4,600 participants. This year, the show will be held at Messe Frankfurt in Frankfurt between September 16 to 20.

Main display items are various auto parts, maintenance equipment, auto accessories and others.

“The SBC Busan sent nine companies to the last two shows, and in 2012 concluded 10 contracts worth USD 1.63 million,” said an official of the SBC Busan.

“We are sure that by participating in the show the companies will be able to keep current with trends in the industry and discover new opportunities in the European markets.

The European auto market shrank in 2013, while the Korean auto companies increased their market shares. It is expected that an increased auto market share will help the auto parts industry increase sales.

Applications shall be submitted to both www.sbc.or.kr and www.gep.or.kr.

heraid@newsis.com

Source Text

Source: Newsis (Feb. 10, 2014)

** This article was translated from the Korean.