TTS will establish an office in Genoa, Italy, through a company which will focus on sales and service of ships equipment and cargo handling systems.
- We wish to strengthen our position in Southern Europe and around the Mediterranean, as there is great market potential for our products in this area, says Johannes D. Neteland, president and CEO.
The office in Italy will be managed by Massimo Triglia (58). Mr Triglia is a naval officer with a degree in naval construction from the University of Genoa, and he has more than 20 years experience from the ships equipment industry in Italy. He also brings on board Ivano Daniele (57). Mr Daniele holds a degree in electrical engineering and has vast experience from projects and management of operations within construction and maintenance of ships.
- Our new company in Italy specialises in delivery of equipment for mega yachts, one of TTS’ focus areas. TTS Ships Equipment GmbH in Bremen has already had extensive deliveries in this area, and we will aggressively focus on marketing and sales of our products to ship-owners and shipyards in Italy. There is also great potential for maintenance and after sales activities with regard to marine cranes and equipment for RoRo-vessels. We further believe that there are opportunities for our systems for efficient cargo handling in the ports around the Mediterranean. In Italy, as well as in other maritime nations in the EU, work is being done to relieve traffic on the road networks through “marine motorways”. This, however, requires solutions that increase the speed of loading and discharging of goods, and such systems are delivered by TTS, Neteland points out.
TTS Marine s.r.l. will be formally registered as a subsidiary company of TTS Ships Equipment AB in Gothenburg. With its new company in Italy, TTS Marine ASA has established 17 companies with offices in nine countries. TTS has around 600 employees with a primary emphasis on engineering skills. The TTS Group had a turnover of NOK 1.150 million in 2005 and aims to increase turnover by 40 % in the present year.
