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Payments, Banking Technologies, Capital Markets...
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| May 16, 2006 | in: Peripherals |
This year Wincor Nixdorf China signed a series of the biggest orders it has had since entering China.
Earlier this year the firm won a tender to provide the Agricultural Bank of China with 877 automated teller machines, or 25 per cent of its total procurement. The million-dollar deal helped the company over-achieve its first quarter sales target.
Shortly after, on April 4, 2006, Wincor Nixdorf received an order for 900 ATMs from the China Construction Bank. This is the largest single procurement contract from the bank in the history of Wincor Nixdorf China.
The firm received another large order on April to supply the Chinese post office bank “China Postal Savings & Remittance Bureau” (CPSRB) with 700 ATMs. The systems will be installed in branches across 18 provinces by 2006.
In the global market, Wincor Nixdorf is steadily increasing its market share. As the latest McKinsey survey shows, Wincor Nixdorf is now the second largest player in China. ( Xinhuanet.com, Wincor Nixdorf )