KLEEMANN GROUP proceeded in establishing a subsidiary company in Dubai, named KLEEMANN LIFTS DMCC, aiming to further strengthen its presence in the local and regional market.

The initial share capital of the new subsidiary is 50 thous. euros, with the sole shareholder (100%) being the subsidiary of KLEEMANN HELLAS in Cyprus, KLEEMANN SERVICES LTD.

The purpose of the new company is the trading of complete elevator systems. Through the operation of the new subsidiary, the management of KLEEMANN aims to strengthen the Group's international sales.