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| Success Stories |
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| International Business Expansion |
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Semiconductor and electronic component distributer Mouser Electronics Inc, a subsidiary of Texas-based TTI Inc and part of the Berkshire Hathaway family of companies, has opened its new customer support centre and European marketing headquarters in Munich, Germany.
"By adding more resources and staff members in Europe, we have helped drive further growth over an amazing 2010," says Mark Burr-Lonnon, Mouser Vice President of EMEA Business. "We've seen around 42% further growth in 2011 with no slowing of this success, making us now a true player in the European market.
"With technological advancements happening at a staggering rate, this flagship office and Mouser's eight other European centres will assist customers throughout each step of the design process in local languages, time zones and currencies," Burr-Lonnon added. "On top of that, it is crucial that we engage deeply with our supplier partners and media locally in Europe. We are very excited to be expanding in Munich."
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California-based LinkedIn, an online personal business network, has opened its first Italian office in Milan with a team of 10 people led by Marcello Albergoni, former manager at PricewaterhouseCoopers.
LinkedIn has two million Italian users, Ariel Eckstein, responsible for the EMEA area at the company, said.
LinkedIn, which has 135 million users worldwide, opened its first European office in London in 2009, and has recently opened offices in Stockholm and Amsterdam.
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Washington-based coffee retailer Starbucks plans to create up to 5,000 jobs over the next five years in the UK.
The company, which has nearly 9,000 company-owned stores and just over 8,000 licensed outlets in more than 50 countries, wants to expand the number of drive-through branches in the UK from nine to 200.
Starbucks said around half of the drive-throughs will be operated under licence by garage forecourt retailer Euro Garages, which mainly operates in the north of England, while the remaining stores will be company owned.
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Danish pump manufacturer Grundfos is to build a nine billion Hungarian forint plant in Szekesfehervar, its fourth in Hungary,
Grundfos will spend about four billion forints to build the 15,000 square metre plant in 2012 and 2013 and a further four to five billion forints on equipment in the following years. About 400 people will work at the plant by 2015, he added.
Grundfos will make giant industrial pumps at the plant, a new activity for the company. It expects most orders for the pumps to come from Russia, Eastern Europe and South Korea.
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JPMorgan Chase & Co, a New York-based financial services firm, has opened its first branch in Warsaw, Poland.
The new branch will offer investment banking, securities investment services, corporate banking and asset management services.
"With the expansion of Polish private enterprises, we see potential for further consolidation and increased private equity activity," said Michal Szwarc, head of investment banking in Poland.
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Germany-based SAP AG, a business management software company, aims to employ 400 staff in Romania by 2014 to provide consultancy services to its customers in Europe, the Middle East and Africa.
Franck Cohen, President of SAP Europe, Middle East & Africa, was quoted as saying by state news agency Agerpres that "so far we can talk about a sum of 30-40 million euros for the next three to four years."
SAP also said it planned to invest more than $2 billion up to 2015 expanding its business in China, aiming to hire about 2,000 people and open five to six new offices across the country.
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Ontario-based telecoms equipment company, Research in Motion Ltd (RIM) plans to open a subsidiary in Austria.
Arnaud Bret, RIM manager for the Benelux, Switzerland, Austria and Israel regions, said that BlackBerry was already established with companies and operators in Austria, but was looking to drive growth by promoting the BlackBerry Messenger (BBM) service to consumers.
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Florida-based infrastructure software solutions company Citrix Systems has opened an office in Prague, Czech Republic.
The office was officially opened in the residence of the US Ambassador in Prague-Bubenec.
Citrix Systems has also opened an office in Bratislava, Slovakia in September 2011.
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Arizona-based manufacturer of solar modules, First Solar Inc, has inaugurated its second manufacturing plant in Frankfurt (Oder), Germany.
The new plant, which required an overall investment of more than $232.7 million, covers an area of roughly 50,000 square metres. The expansion doubles the company’s annual production capacity in Germany to 500 megawatts (MW).
First Solar's employment in Frankfurt has increased from 650 to 1200.
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Denmark-based dairy producer Arla Foods has been granted planning permission for the UK’s first zero-carbon dairy in Aylesbury, UK.
Peter Lauritzen, Chief Executive Officer of Arla Foods UK, said: “The granting of planning permission means we can bring a state of the art dairy to Aylesbury, creating 700 new jobs, a £20 million annual wages bill and delivering a £150 million private sector led investment."
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