Sant'Antonino, Switzerland - 27 March 2014 – Interroll today inaugurated Interroll Shanghai, which will serve as the new headquarters of Interroll’s Asian operations and join forces with the regional Interroll Centre of Excellence in Suzhou, Jiangsu Province, to provide better services and support to customers across Asia. The opening of Interroll Shanghai marks the latest strategic move for Interroll to tap into the Chinese market, where the company is enjoying rapid business growth.
The latest financial report showed that Interroll grew its revenue in Asia by nearly 28% in 2013. In China the annual growth rate in incoming orders hit 32.7%, an indication that the company is still staying in the fast track of growth in the country.
Ben Xia, Executive Vice-President of Interroll Asia, said the demand for internal logistics solutions in China is on a steady rise, buoyed by the boom of market segments including the e-commerce, cold chain and food processing. The e-commerce turnover in China has doubled in the last five years, exceeding 1 trillion yuan in 2013, according to the Ministry of Commerce. Annual demand for cold chain logistics has swelled to 93 million tons in 2013, an increase of 20% year-on-year, while the total profit in the food processing industry surged by 13.6% to 753.1 billion yuan, according to government and industry statistics.
Headquartered in Sant’Antonino, Switzerland, Interroll is a leading expert in internal logistics operating a worldwide network of 31 companies with around 1.600 employees. Interroll Group recorded sales of CHF 316.3 million in 2013.