Dec. 27, 2009

Hikvision: Joint Venture in Russia

Vast Market Needs

Hikvision announced the establishment of a Russian joint venture - ZAO Hikvision - in St.Petersburg. This is the second joint venture established by Hikvision, following Prama Hikvision in India, to strengthen the local touch.

ZAO Hikvision's new general manager, Anton Kurako, brings a wealth of security experience to the joint venture. A security expert with more than 7 years in the surveillance sector, Anton was previously the director of Security for Ultra Star. Combining Hikvision's excellent technical know-how with Anton's rich experience, this joint venture will undoubtedly deliver Hikvision's advanced products and solutions to a wider customer base, as well as to position itself a top-ranking player in the growing Russian security market.

This joint venture will represent Hikvision to sell its complete lines of products and provide pre- and post-sales technical services in Russian market. These efforts will enhance product delivery, service efficiency and the timeliness of trouble shooting. In particular, ZAO Hikvision will extend Hikvision's service capability throughout the Russian region, offering comprehensive local services in Russian, including product catalogs, sales and technical support.

 "I am great honored to be general manger of ZAO Hikvision," said Mr. Kurako, "As a professional supplier in video surveillance sector, Hikvision makes every effort to provide state-of-the-art products and solutions for worldwide customers. I am sure this joint venture will help the local partners and customers to be more familiar with Hikvision's products, and obtain professional consultation and technical support in Russian."

 "We have been dedicated to overseas marketing cultivation for years," said Polo Cai, vice president of Hikvision, "And like our other branches in the USA, Holland and joint venture in India, I believe that ZAO Hikvision will help us to better serve customers and more closely cooperate with local distributors and partners."



Hikvision Europe
Dirk Storklaan 3
2132 PX Hoofddorp
The Netherlands
Phone: +31 (0) 23 554 2770
Telefax: +31 (0)23 5631112

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