Month December 2018

Company Visit Handelsbanken (瑞典商业银行) 2018 On the afternoon of the 7th of December the representatives of CITO made a visit at Handelsbanken’s Taipei Office. Handelsbanken is a Swedish bank with presence in large parts of the world, in order to help their customers with financial services outside their home markets. As host for our visit at Handelsbanken we were delighted to have Amy Chen, which serves as Chief Representative at the Taipei Office. Amy happily guided us through the history of Handelsbanken and continued with providing us new insights about both the operations at the Taipei office and also generally about the banking industry in Taiwan. Handelsbanken was established in Sweden 1871 and has since developed into a full-service bank with a nationwide branch network in Sweden, Denmark, Finland, Norway, United Kingdom and in the Netherlands. Today, Handelsbanken is one of Sweden’s leading banks and offers 822 branches in 24 countries with more than 11500. Amy especially focused on the Asian sector which have branches in Hong Kong, Shanghai and Singapore, further offering additional representative offices in Beijing, Taipei, Kuala Lumpur and Mumbai. Amy continued with describing the operations at the Taipei office, which is a so called representative office. Handelsbankens representative offices does not handle domestic clients, rather is helps existing clients with financial matters related to their business in Taiwan. Examples of services is related to acting as a middlemen between the client and local customers and banks, solving problems related to financial situations and also providing helpful guidance of the Taiwanese legal system. Since Handelsbanken is a full service bank, Amy pointed out how important it is for them to be able to help their customers wherever they run their businesses, and therefore the representative offices is a very important part of their services. In addition to […]

On December 3rd 2018, eight of the representatives from CITO got the opportunity to visit Atlas Copcos office in Tayouan, Taiwan. Atlas Copco is a world-leading provider of sustainable productivity solutions. Atlas Copco offers innovative compressors, vacuum solutions and air treatment systems, construction and mining excavation equipment, power tools and assembly systems. Atlas Copco focused on sustainable productivity with energy efficiency, safety and comfort. The company was founded in Stockholm, Sweden in 1873. Now the business area reaches over 180 countries with 43,000 employees and a revenue of BSEK102 in 2015. During our visit we sat down in one of their meeting rooms and was lucky enough to have nearly all the managers of the Taiwanese office attend our visit. The first half of the visit started off by us getting an introduction to the company’s products, its global structure and brand portfolio by General Manager, John Demers. The Taiwanese office of Atlas Copco is primarily a sales office where no production or development of their products are made. Instead its aim is to sell and/or service products to the Taiwanese businesses interested in their products. In the second half all the managers attending introduced their particular field that they were responsible of. Atlas Copco has been serving the Taiwan market nearly 60 years. The business scope includes four categories: air compressors, mining and rock excavation, construction technique and vacuum solutions. Air compressors have been their main area of operation here in Taiwan with customers all across the country. MR won good global reputation in construction and mining. Faced with a mature market environment, MR business area still continues sustainable productivity in terms of quality, credibility, efficiency, service, environmental protection and ergonomic design to keep being the world leading provider. The vacuum solutions business area is relatively new for the […]