Suntech (STP) Relocates European Headquarters And Expands Team

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08:23:47 am on May 14, 2009

Suntech has relocated its European headquarters to Schaffhausen, Switzerland, and is expanding its sales and marketing teams in Europe to twice the current number of employees.

In a post on , Suntech’s chairman and CEO explained the significance of the move:

“The European market represents close to 80% of our business and has the potential to grow significantly in the coming years,” commented Dr. Zhengrong Shi, Suntech’s Chairman and CEO. “Suntech has already established very mature and capable sales, technical and support teams across Europe, however, we are committed to increasing this investment to ensure that our customers have the best support available. We plan to double the size of our European team over the next three to six months.

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