(Alliance News) - Ilpra Spa announced that it has opened, through its Dubai subsidiary Ilpra Middle East LLC, its branch in Saudi Arabia. The latter opened a commercial subsidiary in Jeddah, Saudi Arabia, called Ilpra Arabia, which is wholly owned by Ilpra Middle East LLC.

Maurizio Bertocco, president and CEO of Ilpra, commented, "The group continues its expansion abroad, especially in the Middle East where our brand is established and customers require not only machines but also on-site service. With the new opening we want to strengthen our presence in the Arabian Peninsula and reach out to adjacent markets where we foresee great opportunities for growth."

Ilpra on Wednesday is flat at EUR5.00 per share

By Maurizio Carta, Alliance News reporter

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