M a r k e t N e w s

Himoinsa to launch new products and expand presence in 2016

Posted on : Thursday , 28th January 2016

 Spanish genset manufacturer Himoinsa’s turnover in 2015 grew by 15 per cent, with strong sales figures coming in from the Middle East, Africa, Asia Pacific and Europe

While Europe emerged a key market contributing 37 per cent of the total turnover, America followed with a 26 per cent share and Asia Pacific with a 17 per cent share. The Middle East and Africa each contributed 10 per cent to Himoinsa’s annual figures last year.
The company plans to capitalise on these markets in the coming year, supported by a network of production centres, sales offices, distribution and service network in 130 countries.
New products are expected to be launched in the market this year, revealed the company, which would include power generation systems, diesel/gas gensets and lighting towers. Some of the products are expected to make an appearance at trade shows such as Bauma in Germany and Middle East Electricity in Dubai.
Aside from showcasing new technologies this year, Himoinsa also plans to take on 20 industrial engineering students over the next five years, after signing an agreement with UPCT. These students are expected to work with the company’s production centres in Spain, China, India, USA, France, Brazil and Argentina.
The company, according to executive director Lydia Gracia, has seen major worldwide growth, with employee growth at 11 per cent. Hundred new staff have been appointed in the company’s 10 sales offices and nine production centres in five continents.

Source : africanreview.com
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