Walton to export compressor components to Europe

Local electronics giant Walton has inked a long-term business agreement with German based global renowned household compressor manufacturer Secop-Gmbh’ to export locally produced compressor components.

The agreement was signed between Walton and Secop at a virtual programme on Thursday, said a press release.

Walton’s International Business Unit (IBU) President Edward Kim and Secop’s Procurement Director Gerald Kober inked the agreement on behalf of their respective organisations.

Walton Hi-Tech Industries Director Nishat Tasnim Shuchi, Bangladesh’s Ambassador in Austria Muhammad Abdul Muhith, Walton Compressor Chief Executive Officer Rabiul Alam and Walton’s Deputy Executive Director Rezaul Islam Minar took part in the event, it added.

Shuchi hoped that it would be a very fruitful and long-term business journey for both of the parties.

“Today, we set out a business collaboration with Walton. Initially, we are taking compressor’s metal casting parts from Walton. We will find out the scope of taking other sorts of compressor components from Walton. We are confident in a long-term potential business collaboration with Walton in future,” Secop’s Procurement Director Gerald Kober said.

Bangladesh’s Ambassador in Austria Muhammad Abdul Muhith said, Now, domestic industries are manufacturing fridge, television, air conditioner, compressors like hi-tech electronics goods and components.

“Today as a Bangladeshi, I am very proud knowing it that the Bangladeshi renowned brand Walton is exporting locally made hi-tech in the world’s developed countries like Austria,” he added.