Arcam (STO:ARCM), listed on NASDAQ OMX, hosted on Sunday a delegation led by Mr Yu Zhengsheng. Mr Yu is the newly elected chairman of the Chinese People's Consultative Conference (CPPCC) and is seen as a very influential leader after the president, prime minister and chairman.
The visit to the Arcam was part of a program where delegation takes part of the successful Swedish industry. Three companies were visited in Gothenburg; Arcam, Volvo AB and Volvo Cars. Arcam demonstrated its technology and the market in general with emphasis on the activities and customers that Arcam has in China. Governor of West Sweden, Lars Bäckström led the Swedish reception committee and Arcam's CEO Magnus René hosted the visit.
"We are proud to be one of the Swedish companies that had the opportunity to show our work. China is one of our key markets and we are already established with a subsidiary in Beijing," said CEO Magnus René.
The above information has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published on May 31 2013 at 8.30 AM.
Arcam provides a cost-efficient Additive Manufacturing solution for production of metal components. The technology offers freedom in design combined with excellent material properties and high productivity. Arcam's market is global with customers mainly in the orthopedic and aerospace industries. The company was founded in 1997 and is listed on NASDAQ OMX Stockholm, Sweden. Head office and production facilities are located in Mölndal, Sweden. Support offices are located in the US, UK, Italy and China.
Arcam AB • Krokslätts Fabriker 27A SE-431 37 Mölndal, Sweden 46-31-710 32 00 www.arcam.com
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Magnus René, CEO
Tel: 031 710 32 00, alt. cell: 0702 79 89 99