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The Israeli robotics industry is aiming to the Chinese Market

Posted by Lily Li
Lily Li
Lily Li has not set their biography yet
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on Tuesday, 19 February 2013
in Business in China

On January 7, 2013, Mr. Zvi Shalgo the chairman of the Israeli Chamber of Commerce in Shanghai and the CEO of PTL Group was quoted during a special meeting organized by the Israeli Robotics Association as saying “Foxconn is not alone! The giant Chinese company is intending to replace its workforce by a million robots by the end of 2014. “This reflects a growing trend in China: large local companies are now investing in robotics and automation, because of the dramatic increase in wages."

He said: "Since the new regulation of labor laws in China, which led to a radical increase in salaries, many enterprises have collapsed. The Chinese industry sees robots as a solution to the diminishing workforce problem. Due to the policy of 'one child' in China, the working age population shrinks, which will naturally lose the demographic advantage. " 

Mr. Zvi Shalgo, who introduced the principles of management in China, which are very different from those found in any other market, said "Your initiative and technology is the only competitive power you have in China, so, do not share it with foreign partners." PTL Group of Companies has developed over the years under a model allowing Israeli companies to enjoy a risk reduction investment along with responsible growth in China, without giving their technology to a Chinese partner. On the other side, the partnership with the local government which is willing to spend on benefits and incentives (millions of dollars) to attract industries with unique technology does not require a technological partnership in return. This option therefore is recommended.

Another speaker was Dror Marom, CEO of ACS (Motion Control) who has been operating in China for two years. The company develops motion control systems for the electronics, semiconductor, medical scanners, and digital printing market. Until 2010, ACS had two distributors in China, but given its results, the company realized that only a local presence would achieve a successful outcome. The company now operates in China through PTL Group in order to save the investment required in establishing its own subsidiary in China. PTL Group provides a total management shell including recruitment, handling administrative matters and personnel, finance and office management, so that local workers recruited are only concerned with managing sales. Marom also mentioned, that competition in China is tough, so "as an Israeli, your advantage is the unique technology you have, which should be kept."

PTL Group wins again at ATTA award: The award for “Transformation of 2012”

Posted by Lily Li
Lily Li
Lily Li has not set their biography yet
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on Friday, 30 November 2012
in Business in China

The ATTA Award ceremony was held in Hong Kong, on Friday, November 23rd, and PTL Group was invited to submit a case study for consideration. We are happy to announce that we were awarded with a prize for the second year running:
Transformation of 2012 - PTL Group Ltd for the business change and transformation of a foreign owned China joint venture.”

PTL Group took a unique approach in our presentation to the award committee, by presenting a number of transformation cases in order to change the perception of how to obtain turnaround projects. Rather than looking for companies with severe issues that need Turnaround, members should be offering preventative methods, by identifying issues for most companies before they reach the dire stages, and then offering steady transformation processes to improve their operations.

We aimed to highlight a number of selected projects within the last year that came out of performing soft audits, and show that this methodology could be very beneficial for all in the association. China is more about transformation rather than turnaround. Transformation is needed constantly – if companies stop transforming there's a chance they'll collapse. When we identify problems at an early stage, we encourage  the managers to adopt or create change in the company.