FREQUENTIS strengthens its presence in China by taking 51% stake in AMT Shanghai

AMT previously operating as ATLAS Maritime Technology was founded in 2009 by the current directors, Claus Krummrey and Yihong Wu, to offer high-quality commercial and technical services to European suppliers in the maritime sector. The current operational focus of this established company remains in the maritime industry, with a service portfolio covering marketing, sales and local project support (logistics, integration, project management, installation, maintenance etc.).

With the acquisition, AMT will now become the Frequentis Groups sales & operations unit in China, available for local management of future projects in that region. The current directors Mr Krummrey and Ms Wu will remain with the company, as will a team of highly-qualified employees. Rolf Unterberger member of the Frequentis AG executive board with responsibility for sales will represent Frequentis on AMTs board of directors.

The new company will initially focus on growing its maritime activities, largely by continuing and actively expanding its current customer relationships and business. AMTs main customer is China MSA (the Maritime Safety Administration of the Peoples Republic of China). The intention is for AMT to also take on the logistical and maintenance tasks involved with existing Frequentis projects in China.

Frequentis has been active in the Chinese market since the middle of the 1990s. Its initial entry into China was in air traffic control, where the Austrian company is a global market leader: there are now around 40 Frequentis air traffic control systems in operation in the country. A particular project highlight in this context was the reequipping of the three area control centres in Beijing, Shanghai and Canton as part of the NESACC (Northern, Eastern and Southern China) programme. The companys current market successes include two major projects in Hong Kong, where Frequentis is supplying the Chinese air traffic authorities with an electronic flight strip solution and an aeronautical information management system.

Rolf Unterberger, who became the member of the Frequentis AG executive board with responsibility for sales at the start of 2012, expects the new company to drive growth forward in the Asian market: Further internationalisation and growth is a key part of our strategy at Frequentis. Our core European markets are constrained by the local economic situation, which is why we have a clear focus on systematic expansion of sales activities outside Europe. The Chinese market is particularly important here: our increased presence should catalyse further growth in our business activities in the region over the coming years.