Munich/Singapore, July 11, 2017 – The Singapore Economic Development Board (EDB) has appointed three prominent business leaders as new economic ambassadors to Singapore for small and medium-sized companies. They represent leading global companies from Germany and Austria. Singapore’s Prime Minister Lee Hsien Loong personally presented the certificates of appointment at a ceremony in Munich on Monday. Dr. Heinz-Jürgen Bertram, CEO of Symrise AG, Dr. Roland Gerner, Senior Advisor to the Executive Board at Heraus Group and Dr. Erich Erber, founder and CEO of Erber AG, were named in the ceremony.
All three companies represented by the newly named economic ambassadors to Singapore have been a presence in the southeast Asian city state for over two decades. Their investments in production sites, regional distribution and innovation centers, as well as regional company headquarters on site, reinforce the joint vision of the global market leaders and Singapore, which is to establish new business ideas in Singapore and in the wider region as trustworthy, long-term partners.
With the appointment, companies in Germany, Austria and Switzerland, especially small to medium-sized high-tech companies looking to gain a foothold in the Asian market, can now make use of the new ambassadors’ expertise and networks. The EBD established the economic ambassador program in 2015, in order to create a reliable network of successful executives who have experience operating in the Asian market. The economic ambassadors can advise and make recommendations to companies striving for financial growth in Asia.
Over 3,000 companies from Germany, Austria and Switzerland are already operational in Singapore. As a result, Singapore has benefited from considerable investments in advanced manufacturing technologies and innovation over the previous two years. With support from and under the direction of the economic ambassadors and market insiders, the EBD wants to further develop its dialogue with potential investors from Germany, Austria and Switzerland. The program allows interested companies to plan a successful entry into the Asian market, using Singapore as a location to broaden their experience in the region.
“Due to its clear legal framework and prevailing respect for intellectual property, Singapore is an important location for Symrise in terms of research, development and production,” said Dr. Heinz-Jürgen Bertram, Chief Executive Officer at Symrise AG
About the Singapore Economic Development Board
The Singapore Economic Development Board (EBD) is the leading government agency for the planning and development of strategies to further expand Singapore’s position as a global economic center. The EBD offers solutions which make Singapore an attractive location for investors and companies and which generate significant added value. Its aim is to create sustainable and dynamic economic growth, accompanied by a flourishing employment market in Singapore.
Image source: EDB/Fabian Helmich
Symrise is a global supplier of fragrances, flavorings, cosmetic active ingredients and raw materials, as well as functional ingredients. Its clients include manufacturers of perfumes, cosmetics, food and beverages, the pharmaceutical industry and producers of nutritional supplements and pet food.
Its sales of more than € 2.9 billion in the 2016 fiscal year make Symrise a world market leader in the flavors and fragrances market. Headquartered in Holzminden, Germany, the Group is represented with over 90 locations in Europe, Africa, the Middle East, Asia, the United States and Latin America.
Symrise works with its clients to develop new ideas and market-ready concepts for products that form an indispensable part of everyday life. Economic success and corporate responsibility are inextricably linked as part of this process. Symrise – always inspiring more ...
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