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Elgi opens new European headquarters in Belgium

Business Finance

Press Trust of India  |  Coimbatore 

City-based Elgi Equipments, one of the worlds leading air-compressor manufacturers, has opened its new European headquarters in Belgium.

The workplace would house over 20 people and feature training rooms and offices designed to build collaboration and foster innovation, in line with Elgi values that form the backbone of company's culture worldwide, a press release said on Friday.

"Were proud of what weve built at Elgi. Over the years, our definition of Always Better has ensured we are focussed on always being the customers choice. With this goal in view, weve concentrated on developing worldclass products with the best life cycle cost. Weve guaranteed the best in industry..," he said.

"All of this has resulted in us witnessing significant success in the USA, the worlds second largest air-compressor market in a short span of 5 years. Europe is the third largest market worldwide and presents us with a huge opportunity. Were excited. And while we celebrate our successes, we will toast to the future," Elgi Equipments CEO Jairam Varadaraj was quoted as saying in the release.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Fri, September 27 2019. 14:55 IST