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Swiss group ABB targets 10% growth.(Company overview)

Bangkok Post (Bangkok, Thailand)

| July 05, 2007 | This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Aranee Jaiimsin

Jul. 5--ABB Ltd, the Swiss-based power and automation technology provider, continues to see Thailand as a promising country in the region and aims to increase its annual sales revenue here by at least 10 percent, according to president Fred Kindle.

"Thailand has the potential to grow 6 percent in the longer term. The only question now is when it will happen again?" said Mr Kindle, who is also the chief executive.

Increasing private consumption and positive thinking about the country's future would help the company realise its goal, he said.

ABB's global sales revenue increased by 20 percent to US$26 billion last …

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Source: HighBeam Research, Swiss group ABB targets 10% growth.(Company overview)

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