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The world's top 500 set up China headquarters in Foshan for the first time

OSRAM Foshan inc."

Reporter Wang Yaliang, travel report: located in Chancheng OSRAM FSL Company Limited recently quietly turned "OSRAM (China) Lighting Co., Ltd., although only a change of business registration and the name of the company, but this marks the first time Foshan became the world's top 500 enterprises China headquarters. Branch tax paid to Foshan

OSRAM Marketing Manager Belinda said, OSRAM currently has Beijing, Shanghai, Chengdu three branches and 29 offices in Chinese. OSRAM in Foshan as Chinese biggest manufacturing base, in fact many years ago has been established as the OSRAM headquarters and China status of Asia Pacific power centers, but "OSRAM Foshan" name often gives people a local branch of the illusion.

"Renamed as Foshan OSRAM China headquarters position will be more clear." Belinda said, although OSRAM in the Chinese business architecture will not happen big change because of the name, but in order to meet the growing China OSRAM business, will import business with OSRAM (China), and OSRAM in Chinese other branch offices, finance goes to the Foshan headquarters, income tax, business tax, value-added tax to pay in Foshan city. Will gradually increase investment in Foshan

Belonging to SIEMENS group, OSRAM company, is the world's two largest manufacturer of electric light source, the year 2004 of total global sales of 4 billion 200 million euros. 1995, OSRAM set up factories in Chancheng, began to enter the Chinese market. OSRAM in the past 10 years, although the results of the rapid development of China's lighting market share, but not satisfied with the current market share.

Lighting market in Europe and the United States and other relatively mature, China current lighting manufacturers more than two thousand, and the regional difference of the market is very large, the difference between the different regions of the consumption level disparity, the further development of OSRAM in the Chinese challenge. But China is the world's third largest lighting market, and an annual growth rate of more than 10%, the loss of the Chinese market is undoubtedly equal to lose one of the most important markets in the world.

"According to the company's development plan, in the next few years, OSRAM will gradually increase in China investment, including investment in Chancheng, to expand sales, increase production capacity." Belinda said.

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