ENGEL bolsters market presence with new office in former Yugoslavia

ENGEL (www.engelglobal.com) is reinforcing its market presence in Serbia and Croatia with a new dealership. In addition to the sales network that already exists in Eastern Europe, ENGEL has now entered into a cooperation with Serbia´s Neofyton to redefine its market presence in the states of former Yugoslavia. ENGEL is the undisputed market leader in Eastern Europe with a market share of nearly 40%.

An partnership has been agreed with Neofyton, a dealer who can look back on many years of successful market activities in the industry, to provide even more comprehensive service to the growing injection moulding machine market in Serbia and Croatia in particular, thanks to a high level of application technology competency. "ENGEL offers us long-term stability in our cooperation and is our ideal partner - as the leading manufacturer of injection moulding machines with a comprehensive product portfolio and especially with its professional ENGEL team - to extend our market presence and allow us to establish a successful and stable partnership with customers" says Neofyton CEO Zoran Tadic.

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Neofyton has represented ENGEL on this young, Eastern European growth market since 1st July 2009. "Our aim in taking this step is to improve product advisory services, solution competency and service quality, and thus offer our customers a competitive advantage. Due to Neofyton´s many years of experience on this market, we are excited about taking this decision to launch joint activities on these markets", says Dr. Peter Neumann, CEO ENGEL Group.

Engel Austria GmbH, Schwertberg, Austria