SOURCE: DS-Concept Factoring GmbH

DS-Concept Factoring GmbH

January 25, 2012 09:00 ET

DS-Concept With Considerable Growth in 2011

DS-Concept, the Specialist for International Trade Financing, Looks Back at a Successful Year 2011 and Is Now Looking at Continuously Positive Development

NEW YORK, NY--(Marketwire - Jan 25, 2012) - Trade financer DS-Concept is looking back at a successful business year in 2011, marked by a wide expansion of its staff and by increased turnover. DS-Concept Factoring GmbH (http://www.ds-concept.net) reports particularly positive figures for its business in North America and Asia; thus, the company strengthens the basis for continuous national and international growth.

Despite the worldwide financial crisis and dooming national bankruptcies, the past year was very successful for DS-Concept. Both the turnover and the number of staff grew considerably within the past 12 months. DS-Concept's subsidiaries DS-Concept USA, DS-Concept Bangladesh and DS-Concept Pakistan exceed the overall outstanding figures of all the company's locations. The Bengali and Pakistani office each managed a 50% increase in turnover compared to 2010. The North American office of DS-Concept in New York was by far the most successful: its turnover quadrupled. "It fills us with pride to see our locations worldwide so constantly successful in 2011. We're planning to continue this trend in 2012," says Ansgar Hütten, CEO of DS-Concept Factoring GmbH. The company's main shareholder, Dr. Dieter Spickermann, states, "I'd like to thank all employees of DS-Concept. It is our staff who turned the company into one of the leading international trade financers." The strong growth led to numerous new jobs in the company. The office in Mönchengladbach alone experienced an increase in staff of 25%. These new employees have been and will be specifically trained, as it is usual in the company.

Thanks to increased turnover and the continuous quality assurance by its staff, DS-Concept will also be amongst the leading international trade financers in 2012. The company strives for further growth in 2012, planning to remarkably increase the amount of transactions in 2012. For more information about DS-Concept Factoring GmbH, please visit http://www.ds-concept.net

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