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EUROPE-SME/
RTR36FNW
August 08, 2012
Screw nuts are pictured in the KBA-MetalPrint company in Stuttgart July 20, 2012. It's a long way from...
Stuttgart, Germany
Screw nuts are pictured in KBA-MetalPrint company in Stuttgart
Screw nuts are pictured in the KBA-MetalPrint company in Stuttgart July 20, 2012. It's a long way from his Stuttgart office to Communist Party headquarters in Beijing, but when Ralf Gumbel, chief executive of KBA MetalPrint, gives his wishlist for government action, it's the Chinese government he's thinking of, not Berlin. The company's export focus has helped it weather the euro zone crisis. Not only has it benefited from the weak euro, but trends in Asia such as the rise of the big supermarkets and increasing urbanisation play directly to its strengths. It sees "absolutely huge" potential there, where only 2 percent of foodstuffs are currently packaged, compared with 98 percent in Europe. Picture taken July 20, 2012. To match story EUROPE-SME/ REUTERS/Michaela Rehle (GERMANY - Tags: BUSINESS)
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