Currently, the Olomouc based parent company manages six foreign branches and as of August, a new branch in Istanbul, Turkey will start operations. Turkey was chosen due to its increasing role in global economy with strong prospectus for growth in the power and industrial sectors. Istanbul was logically chosen due to its position as the “heart” of the Turkish economy. The whole process was coordinated with an external partner as far as legal issues.
Originated in Olomouc, Czech Republic, as single production facility for concentric valves – ABO valve – grew over time in a whole group ABO entities, which includes as of right now seven branches. ABO senior management continues its work while evaluating potential markets with the aim of strengthening ABO presence on those markets in the near future. A very promising geographical area appears to be the United Arab Emirates, which are currently being serviced by the company’s branch in Bahrain. UAE is being considered as a hub for further expansion of ABO production and services in the region.