Barco teams up with Asia's leading business school and provides networked presentation solutions
Shanghai, China, 14 January 2005 – Barco and CEIBS sign new agreement covering a wide range of cooperation opportunities.
CEIBS was established in 1994 as a Joint Venture between MOFTEC (Ministry of Foreign Trade and Economic Cooperation) and the European Union. In January 2004 CEIBS’ MBA program was ranked #53 in the world and #1 in Asia according to the Financial Times. CEIBS delivers MBA, Executive MBA and executive education programs and is the favorite educational institution for China’s business elite as well as International company executives operating in the region.
Barco entered China 10 years ago and has rapidly expanded its China operations in the last 3 years. Barco in China has grown from less than 50 employees to over 200 and established R&D and manufacturing operations in 2003. Barco’s need for top level managers brought it to CEIBS from where it has sourced several of its senior managers.
CEIBS and Barco will cooperate in the areas of research, development, manufacturing and technology management. CEIBS’ professors are working with Barco managers to develop the Barco China management team.
CEIBS has also awarded Barco preferred supplier status for vizualisation and display solutions. Barco will equip the CEIBS campuses in Shanghai and Beijing with its world leading networked presentation solutions.
Barco management will further be involved in the CEIBS’ Corporate Advisory Board where it will work with the top managers of several leading international and Chinese companies to further shape CEIBS’ educational offering.
After adopting a new strategy focused on China, Barco has successfully expanded its presence in China’s education market, supplying famous customers such as Zheijang University, Jiao Tong University, Tongji University, Wuhan University, North West Industry University in Xi’an, Hong Kong University, ...
Dr. Albert Bennett of CEIBS commented: ”We welcome Barco to the select group of leading companies that support our organization. As Asia’s #1 MBA program it is appropriate to work with Asia’s #1 in display solutions. Barco is the undisputed leader in professional display technologies and therefore fits our profile.”
Frank Christiaens, Managing Director of Barco China and Member of the Corporate Advisory Board of CEIBS explained : “We have experienced CEIBS to be the leading provider of executive and MBA education in China. After hiring several managers from CEIBS we have decided to develop this relationship further to help CEIBS build our skills and teams in China”.
About Barco
Barco, an international company headquartered in Kortrijk, Belgium, provides visualization and display solutions for professional markets. Barco designs and develops solutions for large screen visualization, display solutions for life-critical applications, and systems for visual inspection. Barco is active worldwide and has its own facilities for Sales & Marketing, Customer Support, Research and Development and Manufacturing in Europe, North America and Asia Pacific. Barco is quoted on Euronext Brussels and is a Next 150 company.
About CEIBS
CEIBS is the leading China-based international business school. Its main objective is to contribute to the economic development of this country and its business communities. It does this by offering to MBA students, to managers and senior executives of companies operating in, or planning to enter China, the latest knowledge and a thorough understanding of current practices in international management, helping participants to adapt them successfully to their own business environment.
CEIBS was established on November 8, 1994 in Shanghai. Based on its own campus in Pudong, Shanghai, the school is a not-for-profit joint venture established under an agreement between MOFTEC and the European Commission. CEIBS also has offices in Beijing and Shenzhen.
For more information, please contact
JP
Tanghe
Senior Advisor to the CEO
Barco nv
Telephone
+32 56/26 23 22
jp.tanghe@barco.com