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Polar Electro’s new Chinese production unit was inaugurated on 6 November

27/11/2003

Opening ceremony of Polar’s new production unit Polar (Guangzhou) Electronics Co. was held on 6th of November.

Opening ceremony of Polar’s new production unit Polar (Guangzhou) Electronics Co. was held on 6th of November in Guangzhou, China. Finnfund is one of the financial backers of the new unit producing heart rate monitors.

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Mr Sham Kam Hong, Coach - Mr Jorma Kallio, President and CEO, Polar Electro Group - Mr Wong Kam Po, Cyclist

Finnfund has been working together with Polar Electro since the beginning of the 1990s, first as an investor in their Hong Kong operations and later, since 1998 in the Polar Twin Advance Company in Malaysia. For more information about Polar and Finnfund please read the article of September 2003 on our website.


Polar Electro has been producing heart rate monitors since 1982. Polar employs over 1500 people altogether in 15 countries.

For more information please contact Pekka Juusela +60 3 2078 6355/ juuselap@po.jaring.my or Ilmi Aho tel. +358 9 3484 3335, email firstname.lastname@finnfund.fi

 

 

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Front, 2nd from left Mr Tan Ke Cheng, Deputy Director, GETDD - Mr Jorma Kallio, CEO, Polar - Mr Hannu Toivola, Consul of Finland - Mr Pekka Juusela, Finnfund - Mr Markku Eriksson, Treasurer, Polar - Ms Ilmi Aho, Finnfund

 

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Mr, Hannu Toivola, Consul General of Finland - on the right interpreter
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Ms Liu Qiu Lan working