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SWEDEN - BHUTAN BUSINESS GUIDE 2015-16

SwediSh CompanieS in BhUTan

SWEDEN - BHUTANBUSINESS GUIDE

2015-16


Table of Contents

Foreword 5

Country Facts Sweden & Bhutan 7-14

Visa 15-18

Supporting Organisations 19-30

Business Directory Swedish Companies in Bhutan 31-44

Useful Links 45-50

Index 53-55

Disclaimer:

The Embassy of Sweden and Business Sweden have made every effort to provide a comprehensive directory of companies with substantial Swedish interests represented in Bhutan. However, the both entities cannot guarantee that the list is exhaustive. All company information contained in this directory has been provided by the companies themselves.

The financial data on the companies in this catalogue refer to the year 2014-2015.

Copyright © September 2015, Embassy of Sweden.


You are holding in your hands the first ever Sweden-Bhutan Business Guide! We are very happy to present this overview of business relations between our two countries with the clear intention of deepening them even further. We hope that this Business Guide will serve as a helpful tool both for companies already in Bhutan, as well as for companies that are thinking about entering the Bhutanese market.

Sweden and Bhutan are very different, but our economies are complementary and there are a number of things that unite us. Firstly, we are both small constitutional monarchies. Secondly, our natural resources, especially in hydropower and forestry, have been crucial to our development. Thirdly, we both attach a great deal of attention to the environment and sustainable growth.

The Bhutanese economic growth the last couple of years has been impressive and this growth is expected to continue. More and more Swedish tourists and companies alike are discovering all that Bhutan has to offer. We believe that Sweden and Swedish companies, known for their focus on innovation and sustainability, have solutions that could positively contribute to Bhutan’s future economic growth. We therefore hope that this guide will prove helpful in increasing the ties between our two countries.

FOREWORD

5

Harald Sandberg Anna Liberg Ambassador of Sweden Trade Commissioner to India to India Manager South Asia

Photo credit: Arne Georgzén / Viktor Brott

7

COUNTRY FACTS Facts on economy, trade & investments in

SWEDEN & BhutaN

Photo credit: Alf Persson

8 9COUNTRY FACTSCOUNTRY FACTS

BHUTANSWEDEN

Stockholm

Surface Area : 38 117 Sq Km

Population : 0.76 mn

Capital : Thimphu

Form of Government : Constitutional Monarchy GDP (2014) : 1.82 bn (Current USD) 5.74 bn (PPP, Current USD)

GDP/Capita : 2 379 (Current USD) 7 861 (PPP, Current USD)

GDP Growth 2013-14 : 6.3%

Exports of goods and services (% of GDP) : 39%

Unemployment Rate (2013) : 2.1%

Fiscal Surplus/Deficit (% of GDP) : -4.4%**

Govt Debt (% of GDP) : 101%**

Current Account Balance : -4.41%

Internet Penetration (% of population) (2013) : 34.4%

Mobile Phones (per 100 population) : 82

Thimphu

SWEDEN BhuTaN

Sources: World Bank** Trading Economics

Sources: World Bank* Eurostat

Surface Area : 449 964 Sq Km

Population : 9.69 mn

Capital : Stockholm

Form of Government : Constitutional Monarchy, Parliamentary Democracy

GDP (2014) : 571 bn (Current USD), 437 bn (PPP, Current USD)

GDP/Capita : 58 887 (Current USD), 43 742 (PPP, Current USD)

GDP Growth 2013-14 : 2.28%

Exports of goods and services (% of GDP) : 46%

Unemployment Rate (2013) : 8%

Fiscal Surplus/Deficit (% of GDP) : -1.9%*

Govt Debt (% of GDP) : 44%*

Current Account Balance : 7.26%

Internet Penetration (% of population) (2013) : 95%

Mobile Phones (per 100 population) : 124


Swedish Companies in Bhutan

SWEDISH COMPANIES IN BHUTAN

ArjoHuntleigh Healthcare India Pvt Ltd

Atlas Copco (India) Ltd - (Distributor: Ugen Earthmovers)

DeLaval Pvt Ltd

Eletta Instrumentation India Pvt Ltd

FLIR Systems India Pvt Ltd

Haldex India Ltd

HemoCue

Sandvik Coromant India

Scania commercial vehicles India Pvt ltd

SSAB Swedish Steel India Pvt Ltd

Systemair India Pvt Ltd

Trelleborg Sealing Solutions India Pvt Ltd

THE SWEDISH SOCIETY AND ECONOMY

Sweden is consistently ranked as one of the most competitive economies in the world by the World Economic Forum. It is known for its rich natural resources, innovations, high-tech companies and caring society. Freedom of expression, gender equality, a deregulated economy and reformed central government finance combined with an efficient welfare and social security system have contributed to the societal and economic development.

In an international comparison, Swedish is a very open economy - to international trade and investments. Exports account for almost half of Swedish GDP, consisting largely of manufactured goods, such as vehicles, machinery, pharmaceuticals and forest industry products. Trade in services is large and growing, especially in areas of business services, travel and transportation. Asia is an increasingly important export market for Swedish companies, even larger than the North- and South American markets combined. Imports to Sweden from Asia have also grown over the years.

Sweden is among the leading research nations in the world. As an advanced industrial nation, research plays a key role for economic development as well as for society at large. Innovation and co-creation are important for tackling major challenges. Today, Sweden ranks as one of the most innovative countries in the world.

It has a long history of international commitment to pursuing active global cooperation on sustainable development. This has led to Sweden being in the forefront of developing new environmental technologies and sustainable system solutions. This includes renewable energy, green buildings, waste management, air and water treatment, sustainable fuels and battery-driven vehicles. Swedish industries are in particular innovative also when it comes to life science, IT/telecom, automotive industry, mining and pulp and paper.

Sweden is a strong player in the cultural and creative industries. These industries play an increasingly important role in the growth of the Swedish economy and are driving forces for innovation in other sectors of society and industry as well.

Thimphu


THE SWEDISH SOCIETY AND ECONOMY

Creative industries include professionals and entrepreneurs within fashion and design, film, communication, literature and music, performing arts, computer games and gastronomy.

Swedish citizens are encouraged to take the chance and start new businesses, which is one of the key factors to the development of many successful Swedish companies. According to the global Entrepreneurship monitor (GEM) 2014, the number of entrepreneurs in Sweden have doubled since 2006.

MeetingHenrik Trygg/imagebank.sweden.se

SWEDEN – BHUTAN RELATIONS

Sweden and Bhutan have enjoyed excellent relations ever since diplomatic ties were first established in 1985, but interaction between our two countries predates this. Throughout the years, cooperation in different areas has taken place between Bhutan and Sweden. Swedavia, the Swedish Airports Operator, has contributed to the Bhutanese civil aviation plan and Swedfund has given loans to Bhutan Dairy to mention a few. The Swedish ambassador in New Delhi is accredited to Bhutan and the Bhutanese ambassador in Brussels is accredited to Sweden. In addition, Sweden has an Honorary Consulate General in Thimphu.

Bhutan has ample investment opportunities in power generation, infrastructure, forestry and information and communication technologies (ICT) among others. The hydropower production is expected to grow eightfold before 2022. Importantly, investing in Bhutan also provides access to the much larger Indian market through a free trade agreement with India. With more and more tourists finding their way to the beautiful Himalayan kingdom, the tourism industry and especially ecotourism is expected to grow and is one of the government’s key priorities.

The trade flows between Sweden and Bhutan are still at a low level so there is scope for an increase. Sweden mainly exports telecommunication equipment to Bhutan. Quite a few Swedish companies are already active in Bhutan, mainly through distributors or through their operations in India. Swedish expertise in hydropower, infrastructure, forestry and ICT could positively benefit Bhutan’s economic growth. The Swedish companies focus on sustainability and clean technology also goes hand in hand with Bhutan’s ambitions to have a balanced and sustainable growth. Both Sweden and Bhutan have expressed a clear interest and intention to facilitate more trade and investment for the mutual benefit of our two countries.

15

VISASWEDEN & BhutaN

Photo credit: Alf Persson

16 17VISAVISA

BUSINESS VISA TO SWEDEN BUSINESS VISA TO BHUTAN

If you live in Bhutan and wish to apply for a visa to travel to Sweden, you should contact the Danish Embassy in New Delhi, http://indien.um.dk/

The Embassy of Denmark in New Delhi has following information on their website:

Visa applications from Bhutanese citizens can be handed in at the Denmark Visa Application Centre in Thimphu, Bhutan.

Denmark Visa Application Centre Etho Metho - Visa Application Centre Thimphu Plaza , Changlam Thimphu, Bhutan Phone : +975 2 338282 - 338383 Website: http://dk.vfsglobal.co.in

Opening Hours: Monday to Friday 9.00 am - 4.30 pm

The visa applications will be forwarded to the Danish Embassy in New Delhi

Swedish passport holders and non-Swedish passport holders (resident in Sweden) are required to apply for a visa to Bhutan at the nearest Bhutanese embassy.

You can find more information at: http://www.mfa.gov.bt/visa

19RecyclingCecilia Larsson/imagebank.sweden.se

Supporting Organisations useful organisations when doing business in

SWEDEN & BhutaN

20 21supporting organisationssupporting organisations

EMBASSY OF SWEDEN NEW DELHI

Relations with Bhutan are handled by the Embassy of Sweden in New Delhi,

India. The Embassy is active in a wide range of areas in both the public and

private sector with India and its accredited countries. Among other things, the

Embassy promotes trade and economic cooperation with particular focus

on business promotion. It is also responsible for spreading information about

Sweden. It provides support for Swedish citizens in consular matters and issues

visas and permits for Indian and third country national citizens. In addition to

Bhutan and India, the ambassador of Sweden in New Delhi is also accredited

to Sri Lanka, Nepal and the Maldives.

Address: 4 - 5, Nyaya Marg, Chanakyapuri

New Delhi 110021

Tel: +91 11 44197100

Web: www.swedenabroad.com/newdelhi

Head: H. E. Mr. Harald Sandberg

Ambassador

With around 400 employees both in Sweden and in 57 countries, Business Sweden facilitates and promotes the growth of Swedish companies abroad and investment opportunities for foreign companies in Sweden.

Business Sweden India was established in 1996 and is represented in New Delhi and Bangalore. They offer additional support through the Swedish Consulates in Chennai, Kolkata & Mumbai and across South Asia through the Swedish Embassies and Consulates in Afghanistan Bangladesh, Bhutan, Maldive, Nepal, Sri Lanka and Pakistan. They are a team of 28 experienced consultants, focusing on international business development and supporting Swedish companies that wish to establish or grow their business themselves in South Asia.

DelhiAddress: C/o Embassy of Sweden

4 – 5, Nyaya Marg, Chanakyapuri

New Delhi 110021

Tel: +91 11 46067100

Head: Ms. Anna Liberg

Trade Commissioner to India, Manager South Asia

BUSINESS SWEDEN – THE SWEDISH TRADE & INVEST COUNCIL

BangaloreAddress: Kheny Chambers

4/2, Cunningham Road

Bangalore 560052

Tel: +91 80 41529100

Web: www.business-sweden.se


HONORARY CONSULATE BHUTAN OPEN TRADE GATE SWEDEN

Open Trade Gate Sweden is a one-stop information centre for exporters in developing countries. The overall goals are to increase market access for developing countries and to strengthen the capacity to export to Sweden. Open Trade Gate Sweden provides information on trade rules, regulations and requirements for the Swedish and European Union markets. The service is free of charge. Open Trade Gate Sweden forms part of the the National Board of Trade, Sweden’s government agency for international trade and trade policy.

Address: Drottninggatan 89

SE 113 86 Stockholm

Tel: +46 8 690 49 40

Web: www.opentradegate.se

Head: Ms. Sonia Albarello

Executive Director

Sweden has an Honorary Consulate in Thimphu, Bhutan. The Honorary Consulate act as representative of the Embassy of Sweden in Bhutan. The Honorary Consulate has close links with the Swedish business community in Bhutan. It is the aim of the Swedish Consulate in Bhutan to facilitate healthy economic, political and social relationships between Sweden and Bhutan.

Address: 4th Floor, Yarkay Complex, Near Clock Tower

Norzin Lam, P. O. Box 107

Thimphu 11001

Tel: +975 20 323484

Web: http://www.swedenabroad.com/en-GB/Embassies/New-

Delhi/Contact/Embassy--Consulates/#Thimpu,Bhutan

Head: Mrs. Phub Zam

Honorary Consul


SWEDISH TRADE FEDERATION – SVENSK HANDEL

Swedish Trade Federation is the main organisation in Sweden for importers, wholesalers, suppliers and retailers. The Federation has 12,000 members representing a total of 23,000 workplaces. The members of the Federation stand for the major share of Swedish domestic trade and imports. The Swedish Trade Federation is the largest member organisation of the Confederation of Swedish Enterprise (Svenskt Näringsliv).

Address: Regeringsgatan 60

SE 103 29 Stockholm

Tel: +46 10 471 85 00

Web: www.svenskhandel.se

Head: Ms. Karin Johansson

Managing Director

EKN, THE SWEDISH ExPORT CREDITS GUARANTEE BOARD

EKN is a government agency that supports Swedish exports and the internationalisation of Swedish industry. They do this by offering exporting companies and banks guarantees for payment and financing, together with advice on business structure and risk management. Their services provide an extra level of confidence, increased competitiveness and more opportunities for successful export transactions.

Address: Kungsgatan 36

SE 103 61 Stockholm

Tel: +46 8 788 00 00

Web: www.ekn.se

Head: Ms. Karin Apelman

Director General


SWEDISH ExPORT CREDIT CORPORATION

SEK lends money to Swedish exporters and their overseas customers. They do this during both good and bad economic conditions. Each year SEK lends around SEK 55 billion.

Address: P. O. Box 194

SE 101 23 Stockholm

Tel: +46 8 613 83 00

Web: www.sek.se

Head: Ms. Catrin Fransson

President

SWEDFUND INTERNATIONAL AB

Swedfund provides capital, expertise and financial support for investments in emerging markets. Owned by the Swedish state, Swedfund is a member of the Association of European Development Finance Institutions. Their mission is poverty reduction through sustainable business, contributing to economic and environmental development as well as a positive impact to society. Swedfund offers partnerships as well as partial financing, mainly through equity and loans, to companies looking to establish or expand their business with shared risk. Together with its partners, Swedfund has invested in more than 250 of their subsidiaries. Their unique knowledge and experience enable their partners to invest more successfully.

Address: P. O. Box 3286

SE 103 65 Stockholm

Tel: +46 8 725 94 00

Web: www.swedfund.se

Head: Ms. Anna Ryott

Managing Director


THE BHUTAN CHAMBER OF COMMERCE & INDUSTRY

Address: Post Box 147, Doebum Lam

Thimphu 11001

Tel: +975 2322742, 2324254

Web: www.bcci.org.bt

Head: Mr. Phub Tshering

Secretary General

The Bhutan Chamber of Commerce & Industry (BCCI) is a non-profit making private sector organization, comprising of business community members from all around the country. The BCCI has on its agenda a broad range of function services which include representation both in the national and international forums, networking & linkages, business information services, training & other skill develop programs, membership development, business referral services and sustainable enter development services. The BCCI provides linkage between the government and the privates and works closely with all the government agencies, autonomous organizations and international organizations and donor agencies towards facilitation and promotion of trade & industrial development in the kingdom.

BHUTAN ExPORTERS ASSOCIATION

Address: Post Box 256

Phuentsholing

Tel: +975 5251917

Web: www.bhutaniea.org

Head: Mr. Dorji Tshering

President

Bhutan Exporters Association (BEA) is a non-Government and non-profit making service oriented organization established in 2003 with the initiative from a few exporters with a goal to enhance export business. Bhutan Exporters Association plays an important role in developing exporters organization structure and bridge the gap between exporters and governing agencies. BEA determines and specifies the rights and duties of all exporters and importers in business transaction as well as establishing effective co-ordination and provide instant services in the activities of various exporting business. Further, BEA facilitate to creat and promote international markets for Bhutanese products.

3130 supporting organisations

BUSINESS DIRECTORYSwedish Companies in Bhutan

THE SWEDISH BHUTAN SOCIETY

Address: Stockholm

Tel: N/A

Web: www.swedish-bhutan-society.org/en/

Head: Mr. Alf Persson

Chairman

The society, founded in 1986, is a meeting place for people in Sweden who, for different reasons, are interested in the Bhutan, its people, its rich culture and nature. Some of their members have lived and worked in Bhutan, others have been there as tourists. All of them share a common interest in the future of Bhutan. They promote exchange and contacts between Sweden and Bhutan that further its development and also support various small scale activities and projects. Through their newsletter, Druk Yul, which is published four times a year, they spread information about Bhutan.

32 33SwediSh CompanieS in BhUTanSwediSh CompanieS in BhUTan

ARjOHUNTLEIGH HEALTHCARE INDIA PVT LTD

ArjoHuntleigh Healthcare India Pvt Ltd is a group company of GETINGE AB Sweden, manufacturing and marketing a wide range of medical and hospital equipments. Their products are supplied to more than 150 countries. They employ over 15,000 people all over the world and have a global turnover exceeding US$ 3 billion. ArjoHuntleigh India office is responsible for sales & operations in Bhutan.

Address: 8, Shah Industrial Estate

Off Veera Desai Road Andheri (West)

Mumbai 400053

Tel: +91 22 66946697, 66972905

Web: www.ArjoHuntleigh.com

Head: Mr. Chander P Tahiliani

Managing Director

Annual Turnover in Bhutan: N/A

Annual Turnover in the World: N/A

No of Employees in Bhutan: N/A

No of Employees in the World: 15 000

Swedish Share: 100%

ATLAS COPCO (INDIA) LTD

Atlas Copco is a world leading provider of sustainable productivity solutions. The Group serves customers with innovative compressors, vacuum solutions and air treatment systems, construction and mining equipment, power tools and assembly systems. Atlas Copco develops products and services focussed on productivity, energy efficiency, safety ergonomics. The company was founded in 1873 and has office across more than 180 countries. Atlas Copco is operating in Bhutan through their authorised distributor Ugen Earthmovers.

Distributor: Ugen Earthmovers is the leading supplier of construction equipment in Bhutan, focusing solely on Sale, Genuine Parts and Service from its dealerships.

Address: Babesa Express Highway, P. B. No. 231

Thimpu 801302

Tel: +975 1 7604757

Web: www.atlascopco.com

Head: Mr. Ugent Norbu Zomyang

Proprietor

Annual Turnover in Bhutan: US$ 35 mn


No of Employees in Bhutan: 57

No of Employees in the World: N/A

Swedish Share: N/A

Distributor: Ugen Earthmovers


DELAVAL PVT LTD

DeLaval has more than 130 years of experience in the dairy business, supporting dairy farmers in managing their farms their way. Their Sustainable Dairy Farming initiative is contributing to the production of more quality food, for more people, with less impact on the environment. Their Smart Farming strategy aims at influencing and shaping the future of dairy farming today. The goal is to accelerate the transition from milking management to global farm profitability management by harnessing emerging decision tools, innovation, and automation technologies for better quality milk and profits. The business in Bhutan is managed by DeLaval office in Kolkata.

Address: A - 3, Abhimanshree Society

Dr. Homi Bhabha Road (Pashan Road)

Pune 411008

Tel: +91 20 67218200

Web: www.delaval.com

Head: Mr. Arun Kushwaha

Area Sales Manager


Annual Turnover in the World: US$ 1.1 bn



Swedish Share: 100%

ELETTA INSTRUMENTATION INDIA PRIVATE LIMITED

Eletta Group of Sweden is a world-renowned manufacturer of measurement & control instrumentation for the process industry. The product range includes the flagship Eletta Flow Monitors that work on orifice based differential pressure principle, the Helios brand of level meters and the Eletta Cerlic optical analysers for environmental applications. Eletta’s sister concern Weda deals with underwater cleaning using robotics. Eletta Group is head quartered in Sweden and present with own subsidiaries in Switzerland, Germany, France, China, India and the USA. The India office is responsible for sales of Eletta’s products in Bhutan.

Address: 175, Tower - A, The Corenthum

A - 41, Sector - 62

Noida 201301

Tel: +91 120 4292444

Web: www.eletta.com

Head: Mr. Maneesh Parnami

Managing Director


Annual Turnover in the World: US$ 15 mn


No of Employees in the World: 100

Swedish Share: 90%


FLIR SYSTEMS INDIA PVT LIMITED

Flir is the world leader in design, manufacture and marketing of thermal imaging/IR cameras for a wide variety of applications in commercial, industrial and government markets. Flir Systems IR systems use state of the art infrared imaging technology that detects radiation/heat, enabling the user to see in total darkness, in almost all weather conditions. Pioneers in the commercial infrared camera industry, the company has been supplying IR cameras to electrical, mechanical, science, law enforcement and military. Flir India is responsible for sales for Flir ’s products in Bhutan.

Address: 1111, D - Mall

Netaji Subhash Place, Pitampura

New Delhi 110034

Tel: +91 11 45603555

Web: www.flir.com

Head: Mr. T P Singh

Sales Director - India




No of Employees in the World: 2 700 approx

Swedish Share: N/A

Haldex India Ltd is leading Air Brake Parts (Auto Component) company in India supplying parts to all OEMs like Tata Motors, Ashok Leyland, Eicher Volvo, Swaraj Mazda, Man, Mahindra Navistar etc. It is a JV between Anand Automotive Ltd and Haldex Sweden with plant located at Nashik (Maharastra) and a Technical development centre in Pune. Haldex India is responsible for sales for Haldex products in Bhutan.

Address: B - 71 M.I.D.C. Ambad

Nashik 422010

Tel: +91 253 2380091 – 94

Web: www.haldex.com

Head: Mr. Binu Sivanathan

VP & COO

Annual Turnover in Bhutan: US$ 16.5 mn




Swedish Share: 60%

HALDEx (I) LTD


HEMOCUE

Address: Unit No 325 to 328, DLF Towers Shivaji Marg

Najafgarh Road, Moti Nagar

New Delhi 110015

Tel: +91 11 43044400

Web: www.hemocue.in

Head: Mr. Deepak Sharma

Country Manager




No of Employees in the World: 500

Swedish Share: 100%

HemoCue - part of the Radiometer Group, develops, produces and markets medical diagnostic products for Point-of-Care testing. The concept behind this is to perform important common blood and urine tests that offer lab quality results at the Point-of-Care without sacrificing the accuracy and precision offered by a central clinical lab. HemoCue is a global leader in the field of diagnostics known as near patient or point of care testing. HemoCue has sold more than 350,000 systems worldwide. The company also sells Point-of-Care tests for glucose, urine albumin, HbA1C, total and differential white blood cell count. HemoCue India is responsible for sales & operations in Bhutan.

SANDVIK COROMANT INDIA

Sandvik Coromant India is the world’s leading supplier of tools, tooling solutions and know-how to the metal working industry. With extensive investments in research and development we create unique innovations and set new productivity standards together with our customers. These include the world’s major automotive, aerospace and energy industries. They are part of the business area Sandvik Machining Solutions within the global industrial group Sandvik. The business for Bhutan is being handled from Sanvik’s office in Kolkata.

Address: Mumbai Pune Road Dapodi

Pune 411012

Tel: +91 20 27104615, 27104720

Web: www.sandvik.coromant.com

Head: Mr. Amit Raina

DGM Slaes - East





Swedish Share: 100%


Scania operates in approximately 100 countries and has more than 40,000 employees. Of these, around 17,500 work with sales and services in Scania’s network around the world. About 12,800 people work at production units in six countries and delivery centres in six emerging markets. Research and development operations are concentrated to Sodertajle. Scania’s Head Office is located at Sodertajle. Scania’s corporate purchasing department in Sodertajle is supplemented by local procurement offices. The Business for Bhutan is being handled from scania’s office in India.

Address: Narasapura Industrial Estate Kolar

Bangalore 563133

Tel: +91 9731965533

Web: www.scania.com

Head: Mr. V. Sivakumar

Director Sales





Swedish Share: 100%

SCANIA COMMERCIAL VEHICLES INDIA PVT LTD SSAB SWEDISH STEEL INDIA PVT LTD

SSAB is a global leader in value added, high strength steel. The steels are sold all over the world. High strength steels contribute to lighter weight of the end product, as compared to the use of orginary steel. High strength steels also increase strength and longevity. SSAB markets high strength steel under the trademarks Domex, Docol, Prelaq, Hardox, Weldox, Armox and Toolax. SSAB has offices in 45 countries and operates production facilities in Sweden. The business for Bhutan is being handled from SSAB’s office in Kolkata.

Address: Unit 101, 18 / 8, Saleh Centre

Cunningham Road

Bangalore 560052

Tel: +91 80 41231159

Web: www.ssab.com

Head: Mr. Sharad Rastogi

Country Manager


Annual Turnover in the World: US$ 6 bn



Swedish Share: 100%


Systemair was founded in 1974 with an innovative idea of creating an in-line centrifugal fan for circular ducts, which simplified ventilation. Today, Systemair spreads across 45 countries, 22 manufacturing units. Systemair India Pvt. Ltd. is an 100% owned subsidiary of Systemair AB, Sweden, features 2 manufacturing plants in Greater Noida & Hyderabad of 12000 m2 area & sales offices in 9 Cities. Their product areas: Air distribution products, Air handling units, Fans, Fire Safety, Car park ventilation, Tunnel ventilation, Chillers, Air Curtains & Fan heaters. Systemair India is responsible for sales in Bhutan.

Address: Plot No. 03, ECOTECH I

Sector - 31, Site IV, Kasna

Greater Noida 201308

Tel: +91 120 4763100, 4763140

Web: www.systemair.in

Head: Mr. Asokdas Damodaran

Managing Director

Annual Turnover in Bhutan: US$ 0.07 mn




Swedish Share: 100%

SYSTEMAIR INDIA PVT LTD

Trelleborg Sealing Solutions is a world leader in Hydraulic and Pneumatic Sealing Systems and is renowned for premium product quality and industry leading technical support. The wide range of segments catered globally Construction, Defence, Food Processing, Life Sciences, Marine, Medical, Railways, Oil & Gas, Outer Space, Power (Hydro, Nuclear), Semiconductors, Tractors and Farm aggregates to name a few. Their range of products includes O-Ring, Hydraulic Seals, Rotary Shaft Seals, Oil Seals, Static Seals, Pneumatic Seals, Mechanical Face Seals and many more. The business for Bhutan is being handled by Trelleborg Sealing Solutions office in India.

Address: # 22 / 9, Beratena Agrahara

Hosur Main Road

Bangalore 560100

Tel: +91 80 33729000

Web: www.tss.trelleborg.com

Head: Mr. Ranjan Sen

Managing Director





Swedish Share: 100%

TRELLEBORG SEALING SOLUTIONS (I) PVT LTD

45

USEFUL LINKSSWEDEN & BhutaN

Photo credit: Arne Georgzén / Viktor Brott

46 47USEFUL LINKSUSEFUL LINKS

SWEDEN USEFUL LINKSSWEDEN USEFUL LINKS

Brands of Sweden

http://www.brandsofsweden.se

Business Sweden - The Swedish Trade & Invest Council

http://www.business-sweden.se

Confederation of Swedish Enterprise

http://www.svensktnaringsliv.se

EKN, The Swedish Export Credits Guarantee Board

http://www.ekn.se

Embassy of Sweden New Delhi

http://www.swedenabroad.com/newdelhi

Government Offices of Sweden

http://www.government.se

National Institute of Economic Research, NIER

http://www.konj.se

Open Trade Gate Sweden

http://www.opentradegate.se

Riksbanken - The Swedish Central Bank

http://www.riksbank.se

Swedfund International AB

http://www.swedfund.se

Swedish Agency for Economic and Regional Growth

http://www.tillvaxtverket.se

Swedish Bhutan Society

http://www.swedish-bhutan-society.org

Swedish Energy Agency

http://www.energimyndigheten.se/en

Swedish Environmental Protection Agency

http://www.swedishepa.se

Swedish Export Credit Corporation (Svensk Exportkredit, SEK)

http://www.sek.se/en

Swedish Institute

http://www.si.se

Swedish National Board of Trade

http://www.kommers.se

48 49USEFUL LINKSUSEFUL LINKS

BHUTAN USEFUL LINKS

Bhutan Chamber of Commerce & Industry

http://www.bcci.org.bt

Bhutan Official Web Portal

http://www.bhutan.gov.bt

Central Banking Bhutan

http://www.centralbanking.com

Gross National Happiness Centre (GNHC)

http://www.grossnationalhappiness.com

Ministry of Economic Affairs

http://www.moea.gov.bt

Ministry of Finance, Royal Government of Bhutan

http://www.mof.gov.bt

Ministry of Foreign Affairs

http://www.mfa.gov.bt

Ministry of Home & Cultural Affairs

http://www.mohca.gov.bt

Ministry of Labour and Human Resource

http://www.molhr.gov.bt/molhr

BHUTAN USEFUL LINKS

Royal Monetary Authority of Bhutan

http://www.rma.org.bt

Tourism Council of Bhutan

http://www.tourism.gov.bt

Tourism Council of Bhutan

http://www.tourism.gov.bt

Visit Bhutan

http://www.visitbhutanyear.com

50 USEFUL LINKS

MAP OF SWEDEN AND ITS SURROUNDING MARKETS

Sweden and its surrounding countries at a radius of 1500 km from Stockholm.

This area has approximately 450 million consumers. Sweden is a member of

the European Union.

Science and technology Jan-Olof Yxell/imagebank.sweden.se

53

INDEx

Workplace environmentLena Granefelt/imagebank.sweden.se

AArjoHuntleigh Healthcare India Pvt Ltd, 32

Atlas Copco (India) Ltd, 33

BBhutan Exporters Association, 29

Bhutan Useful Links, 48

Business Visa to Bhutan, 17

Business Visa to Sweden, 16

Business Sweden – The Swedish Trade & Invest Council, 21

CCountry Facts – Bhutan, 09

Country Facts – Sweden, 08

DDelaval Pvt Ltd, 34

EEKN, The Swedish Export Credits Guarantee Board, 25

Eletta Instrumentation India Private Limited, 35

Embassy of Sweden New Delhi, 20

FFLIR Systems India Pvt Limited, 36

HHaldex (I) Ltd, 37

Hemocue, 38

Honorary Consulate Bhutan, 22

OOpen Trade Gate Sweden, 23

SSandvik Coromant India, 39

Scania Commercial Vehicles India Pvt Ltd, 40

SSAB Swedish Steel India Pvt Ltd, 41

Sweden Bhutan Relations, 13

Sweden Useful Links, 46

Swedfund International AB, 26

Swedish Companies in Bhutan, 10

Swedish Export Credit Corporation, 27

Swedish Trade Federation – Svensk Handel, 24

Systemair India Pvt Ltd, 42

TThe Bhutan Chamber of Commerce & Industry, 28

The Swedish Society and Economy, 11

Trelleborg Sealing Solutions (I) Pvt Ltd, 43

The Swedish Bhutan Society, 30

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