Fri, Apr 11, 2003 - Page 10 News List

Sampo presses for more talks with Grundig

SECOND CHANCE After Beko Elektronik dropped its plan to buy a majority stake in the German company, the local giant said it wants to reopen negotiations

By Bill Heaney  /  STAFF REPORTER

The branding shortcut allows Sampo to enter not only Europe but also the global market, Chen said.

"Market expansion is important for Sampo's survival, since the domestic market is limited and competition continues to grow after Taiwan's WTO entry," Chen said.

Grundig's press contact Holm Kilbert was unavailable for comment "due to the stresses of the current situation," a source at the Nuremberg headquarters said yesterday.

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