DOING BUSINESS IN EUROPE


South African Companies doing business internationally

AutoStem South Africa, along with its USA and Mexican distributors, has spent the last three days exhibiting the latest and best in non-detonating and pyrotechnic Technology at the ISEE in Orlando, Florida under its AutoStem Gen  range. The interest has been overwhelming in their Generation 3 range which has been released to market this month!

Growthpoint is the largest South African primary listed REIT and is well on its way to becoming a leading international property company. It provides space to thrive with innovative and sustainable property solutions in a diversified portfolio of 533 properties it owns and manages, including 473 properties in South Africa, 59 properties in Australia through its investment in Australian Stock Exchange listed Growthpoint Properties Australia and a 50% interest in the properties of the V&A Waterfront, Cape Town. It also owns a 26.9% stake in the €1bn property portfolio of London Stock Exchange Alternative Investment Market listed Globalworth Real Estate Investment, the largest owner of office space in Romania.

In 2013, Atterbury made the strategic decision to play a more direct role in expanding the company’s operations to Europe. This step was precipitated by our involvement as a partner in the development of Carlton Gate, a mixed-use scheme in heart of Edinburgh, Scotland.

During June 2015 Atterbury Europe acquired two prime shopping centres in Cyprus including the Mall of Engomi and the Mall of Cyprus, both of which will be expanded soon. Currently, Atterbury is actively involved in seeking further opportunities in the country.

ShowMax has officially launched internet TV services to 36 countries across sub-Saharan Africa. The company originally launched in August 2015 with the largest subscription video on demand catalogue on the continent.

The sub-Saharan service costs US$ 7.99 per month for unlimited viewing. The catalogue includes approximately fifteen thousand TV show episodes and movies, totaling almost ten thousand hours of viewing. The service includes a Kiswahili language section and a Nollywood section, as well as an African Film section that pulls together classic movies from across the continent.

JSE-listed internet and entertainment group, Naspers, is investing EUR 387 million (R5.6 billion) in Berlin based online food ordering and delivery company, Delivery Hero.

Naspers will primarily invest into newly issued shares and at a valuation in line with Delivery Hero’s previous valuation.

“This investment will help fuel Delivery Hero’s growth plans. Naspers will also be represented with one member on Delivery Hero‘s Supervisory Board,” a statement from Food Hero said.


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