News & insight

Knowing manufacturing

August 11, 2016

Manufacturing has long been an international endeavour, with smart businesses leveraging the cost advantages of manufacturing in the emerging economies of South East Asia, India, Brazil and Central and Eastern Europe.

Kreston has a strong presence across these regions and beyond, meaning we provide all the services you need to operate in local and international markets.

Kreston advises small, medium and multinational manufacturers on:

  • Company formation
  • Funding for growth
  • Capital investment in equipment
  • Entry into new markets
  • Mergers and acquisitions
  • Investment decisions
  • Budgeting and forecasting
  • International tax
  • Employment
  • Audit and assurance engagements.

One international client Kreston has assisted over a number of years is Schölly Fiberoptic GMBH.

Schölly_Original

Since its establishment in 1973, Schölly has evolved from a single-product manufacturer to a vendor of highly sophisticated visualisation systems for both medical and industrial applications. Today, more than 500 employees work in 11 locations in eight countries for the Schölly group. All products made by Schölly are targeted at making concealed structures visible and accessible for non-destructive/minimally invasive treatment, using such technologies such as micro-optics, fiberoptics and electronics.

Mirko Beiser, Chief Financial Officer of Schölly Fiberoptic GmbH said:
“Schölly is headquartered in Germany with subsidiaries operating in Brazil, Bulgaria, China, Hong Kong, India and Malaysia. We engaged Kreston to prepare our consolidated financial statements and the work is excellently co-ordinated. We have total confidence in the Kreston partners and the quality and reliability of their work. Our international subsidiaries enjoy the benefit of partners’ local knowledge which delivers outstanding cohesion to the overall project”.