GSI Creos has begun business development in South Africa through its German subsidiary. Rather than a local subsidiary, operations will be based at GDD's South Africa office, where the company will build customer relationships and assess market needs. In the future, it will consider establishing a presence and expanding its business in Africa.
GSI Creos has begun business development in South Africa through its German subsidiary, GSI Europe (GDD). Local operations will be based at GDD's South Africa office in Pretoria, rather than at a local subsidiary or a registered branch.
GDD has established a stable business base in Europe, centered on chemicals, machinery and equipment, and hobby products, and is focusing on Africa as a new growth market. GDD expects business opportunities in South Africa, which has one of the leading chemical industry bases and a customer base that requires formulation development and technical proposals.
Locally, the company plans to build relationships with customers, assess market needs, and develop new products and applications in the future, with the aim of establishing a presence and expanding its business in Africa.