Pan Acoustics nominated for Lower Saxony Foreign Trade Award
Economics Minister Lies awards the EXPORTOSCAR of the North. Pan Acoustics GmbH from Wolfenbüttel was nominated. The 11th Lower Saxony Foreign Trade Day took place at the Hannover Messe on 8 April 2014. Under the title "Hidden Champions", successful Lower Saxony companies and their success strategies on the way to becoming world market leaders were presented. A highlight of the event was the awarding of the 5th Lower Saxony Foreign Trade Prize. This year, there was a record participation of 79 participants in the race for the fifth Lower Saxony Foreign Trade Award 2014. Fifty small and medium-sized enterprises and twenty-nine large companies applied for the established award and the appreciation of their export activities. Chaired by State Secretary Daniela Behrens, a 10-member jury made the selection for nomination.
All nominated companies were able to convince the jury with their annually increasing export quota and their innovative products. The employment effect for Lower Saxony - every second company handles its foreign business exclusively from its local site - as well as the corporate strategy behind it were also evaluated positively.
The number of applications clearly shows that export and import are no longer the domains of large companies. Increasingly, small and medium-sized companies are active and successful on world markets. Intercultural competence is becoming increasingly important for companies in the course of globalisation and the opening of new markets. A look at the export statistics of recent years shows a continuous increase in export figures. Companies that are active in foreign markets are an important growth engine of our economy and exports remain a central pillar for Lower Saxony's economy. The Minister of Economics honoredthese achievements of the companies with the award of the Lower Saxony Foreign Trade Prize.