Jospong Group signs export contract with Austrian firm, FIMA Industries
The Jospong Group of Companies (JGC) – through its subsidiary Zoomlion Nigeria Limited – has entered into a landmark export agreement with FIMA Industries GmbH, a renowned Austrian firm specialising in green technologies and sustainable solutions.
This significant agreement marks a major milestone in Jospong Group’s efforts to expand its reach and expertise in waste management beyond Ghana’s borders.
Executive Chairman-JGC, Dr. Joseph Siaw Agyepong, signed the contract for his company while FIMA Industries GmbH was represented by its Chief Executive Officer (CEO) Markus Maierhofer.
The signing ceremony took place in Accra on Friday, September 13 and was attended by the Foreign Affairs Minister of Austria, marking the Austrian Embassy’s official opening in Ghana.
The contract is expected to leverage strengths of both companies, combining Zoomlion’s expertise in waste collection and management with FIMA Industries’ cutting-edge technology and global reach.
Mr. Maierhofer described the partnership with Zoomlion as a “significant milestone”.
“By aligning with such a prominent and influential entity, we are poised to contribute meaningfully in Africa’s waste management sector. Our collaboration with Zoomlion and Jospong Group marks the beginning of a new chapter, one that will bring innovative, efficient and environmentally-friendly solutions to waste management in the region. We look forward to expanding our footprint and ensuring that this partnership drives sustainable development across Africa,” he emphasised.
According to him, this partnership will enable the export of waste management services and equipment to other countries, promoting sustainable waste management practices and contributing to a cleaner environment.
He explained that it comes on the back of successful completion and delivery of a top-tier waste management recycling plant in Ghana.
He disclosed that FIMA Industries have additionally secured insurance from their Austrian contractual partners, which has enabled them to obtain credit for Zoomlion Ghana – further solidifying this partnership.
“Jospong Group, with its extensive footprint, is a major player in Africa’s industrial landscape spanning multiple sectors. Zoomlion, as a key part of the group, stands out as one of the largest waste management and recycling companies not just in Ghana but across the entire African continent,” he expressed.
“Jospong Group, through Zoomlion, has been at the forefront of waste management in Ghana, providing innovative solutions to tackle the country’s waste challenges. This new partnership with FIMA Industries is a testament to the company’s commitment to excellence and its vision of becoming a global leader in waste management,” he pointed out.
Director-FIMA Africa, Egya-Boi Awoonor, highlighted the partnership’s importance, stating that it will bring together Austrian and Ghanaian expertise and focus on the supply of waste management technology.
He stressed the two companies’ long-standing relationship, saying: “Zoomlion has been a valued client of ours for the past eight years, during which time we’ve supplied recycling plants from Austria and vehicles from Germany. What makes today particularly special is that, for the first time, we have financed a major transaction for a Ghanaian company”.
He reiterated that the partnership is expected to leverage strengths of both companies, combining Zoomlion’s expertise in waste collection and management with FIMA Industries’ cutting-edge technology and global reach.