Source : Crompton Greaves Ltd 
Tuesday, December 17, 2013 4:48PM IST (11:18AM GMT)
 
(BSE:500093)(NSE:CROMPGREAV)
CG Opens Fourth Office in UK, in Stafford
Mumbai, Maharashtra, India

-- Strategic investment indicates UK market's importance to CG

--New office to conduct sales support, project management, design and engineering

-- Potential for creation of new jobs in the Stafford region, plus training and development possibilities


Avantha Group Company CG, one of the world's leading engineering companies, has opened its fourth office in the UK, at Stafford, complementing its existing offices in Hazel Grove-Stockport, Jarrow-Tyne and Wear and Inchinnan-Renfrewshire. The new office will support CG's growing client base in the UK, which includes power utilities, renewables, rail and industry customers such as E.ON, SPEN, UKPN, DP World, National Grid and the UK distribution network operators.

This new office will conduct sales support, project management, design, and engineering. The Company has a vast range of products in its manufacturing portfolio and this office will deploy those products through systems engineered and project managed solutions. Immediate opportunities exist for CG, in the existing power industry. Specific areas of expertise are in Transmission and Distribution Power Products, Automation, Oil & Gas, and Industry Motors & Drives Solutions. CG also has a very strong industrial portfolio which could benefit UK companies.

Stafford is home to the computer science and IT campus of Staffordshire University. CG will tap both, the young and the skilled and experienced workforce in this area. The new office will lead to the creation of jobs in the area and in the longer term will provide training and development possibilities, as well as apprenticeship opportunities for young engineers. CG has been present in the UK since 1999, and will build on the company's existing sales office in the town.

Avantha Group Company CG's Regional VP, EMEA, Mark Wetton said: "We have chosen Stafford for our new UK office because it has a long-established and successful engineering tradition in High Voltage Power, Transmission and Distribution Grid Systems. This aligns very well with our growth plans for the UK. The UK is a significant opportunity for CG, considering the large investments announced in the National Grid transmission and distribution infrastructure, power generation from renewable sources, and the country's rail network. I believe that the Stafford office will help us better meet the needs of our UK customers, while enabling us to accelerate our growth plans here."

About Avantha Group Company CG

Avantha Group Company CG is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Industrial and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings.

For more information on CG, please visit: www.cgglobal.com.

About Avantha

The Rs. 25,000 crores (US$4bn) Avantha Group is one of India's leading business conglomerates. Its successful entities in diversified sectors include Crompton Greaves (power transmission and distribution equipment and services), BILT (paper and pulp), The Global Green Company Limited (food processing), Biltech Building Elements Limited (infrastructure), Avantha Power (energy), Salient Business Solutions Limited (IT and ITES), Jg Glass (glass containers).

With a global footprint, the Group operates in 90 countries with more than 25,000 employees worldwide. Led by GautamThapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.


For more information on Avantha, please visit www.avanthagroup.com.

CG Power Solutions UK Ltd
7 Ferranti Court
Staffordshire Technology Park
Stafford ST18 0LQ
T +44 1785 330 655
Email: uk@cgglobal.com
Website: www.cgglobal.co.uk

 
For News Release background on Crompton Greaves Ltd click here
 
Media Contact Details
Dr. Jan Declercq, Chief Technology Officer, CG (Crompton Greaves Limited), +32 15 283 240, jan.declercq@cgglobal.com
Paula Sengupta, Global Head – Communications, Crompton Greaves Ltd, +91 (22) 24237516, 67558771, paula.sengupta@cgglobal.com
Shravani Dang, Vice President, Group Head – Corporate Communications, Avantha Group, +91 (11) 41699282, +91 (11) 23368332, s.dang@avanthagroup.com
 
KEYWORDS: Business/ Finance:Business Services, Chemicals & Plastics, Construction & Property, Electronic Appliances & Components, Energy Companies, Heavy industries, Information Technology, Major diversified industrial groups, Technology;General:Economy, People
 
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