New Office "Go Ankara!!!"
The Company plans to expand its presence in Eastern Europe, the ASEAN Region as well as India and China.
Online, September 27, 2011 (Newswire.com) - Olympia Capital Research, Ltd Locates Corporate Headquarters in Ankara, Turkey.
Ankara, Turkey - Olympia completes the location of its corporate office and initiates plans for other facilities.
"Our re-structuring plans are now done or about to be competed. We will be ready with our expanded regional equities coverage within the next 30 days." Said Dr. Michael R. Sternberg CIO and Research Director.
Following the Company's announcement in February that the Company intended to locate its Headquarters to Ankara, Turkey and take other actions to ramp-up its regional offices throughout the Far East and Eastern Europe. We want an expanded a research distribution presence near markets where we envision a high emerging market equity growth potential.
Olympia's new Ankara Corporate Headquarters will place the company focus at the center of our representative offices servicing selected regional growth. "I am hopeful that the Olympia Board approves our proposal," said Dr. Sternberg, "as it would serve to speed-up the Company's development of a greater in-depth coverage of these areas' growth companies we currently follow; as well as new exciting additions.
According to Dr. Sternberg, "Ankara will likely be the high growth area to have a strong presence thus making our Mediterranean marketing plan and Eastern Europe focus the drivers for this location. It is an ideal location for International Equity Research distribution and sales operations. It is also important to note that the Mediterranean, Eastern Europe and Near East represent the largest and most promising markets for our emerging markets equity research."
Dr. Sternberg continues, "So, it becomes logistically convenient for our Management Team and our Directors to have our Corporate Headquarters in Ankara, Turkey, as it creates a more efficient operational structure for the entire emerging market area we seek to serve."
The Company Directors said that the corporate location of its head office in Ankara gives the company an opportunity to "break new ground" at the center of the operations of many exciting small to medium sized emerging market companies.
Olympia Directors will continue to look to companies listed on the NASDAQ Stock Market and the Frankfurt Stock Exchange as the selection benchmark criteria as well as Pre-IPO listing announcements that are planned for these exchanges.
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