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Kaeser Compresores was set up in 1998 in Bogotá, Colombia as a subsidiary of German firm Kaeser Kompressoren. It imports, distributes and services compressed air systems produced in Germany. Its goal is to provide exceptional customer service coupled with innovative products. Today, it employs 200 people.
The parent company KAESER Kompressoren is a medium-sized firm, headquartered in Coburg, Bavaria. The family-owned firm has been producing compressed air systems since 1919. It manufactures its products in Coburg and Gera (Thuringia) in Germany. It employs 6,000 people worldwide and exports 90% of its production to countries around the world.
Key facts
- Founded in 1998
- Headquarters: Bogotá, Colombia
- Employees: 200
How the trade agreement is helping:
The trade agreement with Colombia has gradually reduced tariffs for Kaeser's products, helping the German firm to expand into the market and its Colombian subsidiary to increase its market share. The tariffs will be at 0% in 2019.
The EU Trade Agreement with Colombia enabled the company to significantly improve sales in the growing Colombian market, as result of reduction of the import tariff. Thanks to the Agreement, KAESER products are now more competitive and the improved market access has helped the company to grow constantly in recent years.
NELSON LÓPEZ,
General Manager
KAESER Compresores de Colombia