LECTRA: Lectra opens South Korean subsidiary
July 03 2014 - 12:57PM
Lectra, the world leader in integrated technology solutions
dedicated to industries using soft materials-fabrics, leather,
technical textiles and composite materials-is pleased to announce
the opening of its South Korean subsidiary. Lectra has been present
in the country for more than 25 years through its exclusive agent
Impa Systems. Impa's entire staff has joined Lectra South Korea.
The new subsidiary will be managed by Hong-Kwon Moon, reporting to
Yves Delhaye, Lectra director for ASEAN, South Korea, India and
Australia. The opening of the South Korean subsidiary will help
accelerate Lectra's development plans in Asia. "South Korea is one
of the eight economies, together with Brazil, China, India,
Indonesia, Mexico, Russia, and Turkey, which are expected to
produce half of global growth during the current decade. These
countries make up the key markets where we are already firmly
established and where we continue to invest," said Daniel Harari,
Lectra CEO. This new subsidiary is, after China, one of the
spearheads of Lectra's Asian expansion, particularly in the
automotive and fashion markets where South Korean companies hold an
increasingly important position worldwide. Lectra South Korea will
support local companies, as well as South Korean groups with an
international presence, some of which figure amongst Lectra's
largest customers. Many of them are subcontracting production to
other Asia countries and throughout the world and are showing a
growing interest in innovative solutions to improve efficiency and
competitiveness while ensuring a high level of quality. "South
Korean conglomerates, or chaebol, generally have ambitious
expansion plans. Lectra can guide them and help them meet their
challenges thanks to its experience from collaborating with leading
fashion brands and global automotive equipment makers," says Yves
Delhaye. South Korean companies will benefit from the expertise and
the knowledge of Lectra's local teams, backed by their
international network of specialists. "My first goal is to
reinforce Lectra's relationships with the tier one automotive
subcontractors and main fashion groups. We believe that the fashion
and apparel market in particular will have a growing influence on
the South Korean economy given the evolution of sectoral dynamics
that we are currently seeing," notes Hong-Kwon Moon. Prior to
joining Lectra, Hong-Kwon Moon was sales director at Siemens, where
he managed large accounts such as General Motors Korea. He
previously worked in marketing and business at Hewlett Packard and
Citibank in Korea. Hong-Kwon Moon holds an MBA in marketing and
finance from Columbia Business School, New York, United States.
About Lectra
Lectra is the world leader in integrated technology solutions
that automate, streamline and accelerate product design,
development and manufacturing processes for industries using soft
materials. Lectra develops the most advanced specialized software
and cutting systems and provides associated services to a broad
array of markets including fashion (apparel, accessories,
footwear), automotive (car seats and interiors, airbags),
furniture, as well as a wide variety of other market sectors, such
as aeronautical and marine industries, wind power, and personal
protective equipment. Lectra serves 23,000 customers in more than
100 countries with 1,400 employees and $270 million in 2013
revenues. The company is listed on NYSE Euronext.
For more information, please visit www.lectra.com
Contact - Lectra Headquarters / Press Dept.:
Nathalie Fournier-Christol E-mail: n.fournier-christol@lectra.com
Tel.: +33 (0)1 53 64 42 37 - Fax: +33 (0)1 53 64 43 40
Lectra_South Korea
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