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Songwon's 3-year strategy pushes growth in OPS activities

8:51 AM MDT | June 7, 2013 | Francinia Protti-Alvarez

Songwon Industrial's (Ulsan, South Korea) growth strategy for the next three years emphasizes the development of the company's one pack system (OPS) business, said Maurizio Butti, COO of Songwon, during a press conference held earlier this week at Mainz, Germany. In addition to ongoing portfolio optimization, the company is seeking to expand its presence in the Mideast, India, China, and South America, Butti said. He confirmed the company's 3-year forecast to achieve an annual revenue in excess of 900 billion South Korean won ($800 million) by 2015...

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