Since May 2016 it is official: PVT Plasma und Vakuum Technik GmbH, Bensheim, Germany, is no longer share holder of PVT Coating Changzhou Co., Ltd. from Xixiashu, Changzhou, Jiangsu Province, China.
Despite intense efforts to find a common strategy different conceptions of the former partner concerning the future business development necessitated the termination of business relations. The contract allows the Chinese coating service provider to use the name ‚PVT‘ in its company name until the end of 2016. But there is no longer a legal connection to PVT Plasma and Vakuum Technik Gmbh.
Taking into account the new situation, PVT Plasma und Vakuum Technik GmbH will at the same time develop and explore opportunities opening up in the market of PVD coating technologies in the province of Jiangsu and significantly expand its customer base in Jiangsu, Shandong and Zhejiang provinces.