A Slovenian maker of motorcycle exhausts has reportedly struck a deal with sports car maker Porsche. Daily Dnevnik has reported that the expansion into the car exhaust segment is the next step in the development of Akrapovic.
Akrapovic, which is one of Slovenia's fastest-growing companies, did not want to comment on Tuesday's report by Dnevnik, which quoted well-placed sources. "We do not want to talk about names at this time," the company told Dnevnik.
However, the company confirmed plans to enter the car exhaust market: "Our focus is on quality, which precedes quantity. This is the main direction followed...in the planned entrance into the automobile segment."
Akrapovic makes exhausts for the world's leading motorcycle makers, including Honda, Yamaha, Kawasaki, Suzuki, KTM, BMW, Ducati and Aprilia.
It has the biggest market share among the 460 producers of exhaust systems for motorcycles around the world, commanding up to 40% of the high-end racing motorcycle market.
"Racers using our exhaust systems took 30 top three finishes in various Grand Prix competitions this past season," Akrapovic said for Dnevnik.
According to the last available data, Akrapovic generated revenues of EUR 19.6m in 2005, ending the year with a profit of EUR 4.2m. The company created 80 news jobs in 2006, bringing its total workforce to 300.
More articles from this issue:
Archive
|