Elektrobit Group Oyj - JOT AUTOMATION GROUP PLC STRENGTHENS ITS SALES NETWORK
April 19, 1999
JOT AUTOMATION GROUP PLC STRENGTHENS ITS SALES NETWORK
JOT Automation Group Plc and Peter Jordan GmbH, a German electronics trading company, today signed a collaborative agreement concerning the sales, marketing and After Sales services of JOT Automation Group's products and turnkey systems especially in the German-speaking parts of Europe.
'This collaborative agreement will significantly expand JOT Automation Group's own sales and marketing network on the European market. Peter Jordan's long, over 40 years experience and customer contacts will now become available to JOT Automation', says CEO Jorma Terentjeff.
Peter Jordan GmbH is one of the leading electronics trading companies in Germany. The company was founded in 1953, and its turnover in 1998 was about 38 million DEM. Peter Jordan GmbH has 40 employees.
JOT Automation Group specializes in manufacturing and marketing production automation for the electronics industry. The group has subsidiaries in eight countries. On Dec. 31, 1998 the group employed 479 people and its turnover in 1998 was 399.1 million FIM. The company's shares are listed in the Helsinki Stock Exchange.
Oulunsalo, April 19, 1999
JOT Automation Group Plc
The Board of Directors
Jorma Terentjeff
President, CEO
