Schaltbau Expands Global Presence with Opening of Sales Office in South Korea

Press release

Munich January 17, 2024: Schaltbau, a leading developer and manufacturer of electromechanical components, is proud to announce the opening of a sales office and legal entity in South Korea, marking a further step in the company’s internationalization and growth strategy.

“Korea is one of the world’s fastest growing economies and is recognized as an innovation leader. So far, we have successfully served the needs of Korean customers from our Asia-Pacific sales hub in Hongkong and tripled our turnover in just two years. On this basis, and to be even closer to existing customers and gain better access to new customers, we have decided to establish a sales office in South Korea, said Steffen Munz, CEO Schaltbau GmbH Group.

Located in Gyeonggi-do, the Korean team will facilitate closer collaboration and strengthen relationships with local businesses, as well as enhance Schaltbau’s ability to adapt to the unique demands of the South Korean market. Target markets are Energy applications (Charging Infrastructure, Energy Storage & Generation), eMobility applications (Electric Vehicles, Electric Bikes, Electric Vessels) and our legacy business in Railway (Master Controller, Traction System, Door Systems).

For more information about our new sales office in South Korea and Schaltbau’s global presence, please visit www.schaltbau.com or meet our Korean team March 6-8, 2024, at the Interbattery Show in Seoul.

About Schaltbau

Founded in 1929 as a developer and manufacturer of switchgear for the railroad industry in Munich, Schaltbau GmbH is today a globally active innovation and growth company for protection and safety solutions in the energy, industry, mobility and rail markets. The products and customer-specific solutions are technologically oriented towards direct current, which makes an important contribution to the energy transition.

Contact

Anca Gandl

Tel. +49 89 93005-153
e-mail: press@schaltbau.com

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Press release: Schaltbau Korea