© SunTank 2008


 

Madagascar Subsidiary Launched

SunTank to launch a subsidiary in Madagascar to support a growing network of local distributors

Pretoria 17 March 2006. SunTank’s export drive in Madagascar started in 2002. The political changes the country experienced over the past few years improved trading conditions and the demand for SunTank systems had been growing steadily.

A number of local distributors have recently expressed their need for a better flow of supplies from South Africa in order to overcome the logistical interruptions still prevalent in the country.

The company decided to set up a central distribution facility in Antananarivo. The facility will take care of all import processes and will carry sufficient stock levels to allow local distributors to draw on demand.
The set-up process of the new subsidiary is all but completed and local distributors are looking forward to start utilising the warehousing and logistical support which the company is planning to offer.

Neriel Hurwitz, SunTank’s Marketing Director says:  “Boosting our operation in Madagascar is part of our expansion plan into the Indian Ocean region.  This region, like our sub-Sahara market faces severe energy challenges and is an ideal market for SunTank’s products and services. Our investment in Madagascar will contribute to a rapid adoption of the technology in the country”

END

Notes to editors

SunTank

SunTank is South Africa’s leading solar heating company with interests and partnerships throughout Southern Africa, East Africa and the Indian Ocean islands. The company consists of 3 divisions covering manufacturing, marketing, distribution and installations of solar heating systems as well as construction and operation of clean energy plants.

Company Website
www.suntank.com

Enquiries
Natasja Dames
Public Relations
Tel +27 12 343 2629
Fax + 27 12 344 3765
info@suntank.com