04 Jul Global compensation plan specialist Equatex opens German office in Frankfurt
Zurich | 4 July 2016
Equatex, the global share and participation plan administrator, is further advancing its international growth strategy by opening a German representation office. The new Frankfurt location will allow the company to better seize market opportunities and further strengthen its relationships with German clients.
Equatex Deutschland GmbH, a subsidiary of Zurich, Switzerland-based Equatex AG, has moved into its new office at the Frankfurt Westhafen Tower at the beginning of July. Thanks to this step, the company will move even closer to its existing German clients, including 10 DAX-listed companies, and their more than 300,000 employees.
With a view to the company’s international growth strategy, Equatex Group CEO Andrej Golob said: “Being present in global key locations is part of our growth strategy and supports our ambition to offer international clients the best service on a worldwide scale.”
As a specialist provider of global solutions, Equatex allows German companies the efficient implementation of international employee share participation and compensation programmes, including financial reporting that is fully compliant with local regulations. Thanks to its new office location, Equatex will be able to introduce technology innovation to the German market more directly.
Equatex Germany Managing Director Birgit Bahr-Schneider said about the office opening: “I’m excited about this significant strategic step. With our presence in Germany, we step up our effort to drive business growth in this core market.”
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Equatex provides international employee and executive compensation plan services for today’s global enterprise, supporting clients with participants across Europe, Asia, Australia and America. With world-class cloud technologies and market leading financial reporting capabilities, Equatex enables companies to deliver engaging compensation schemes across borders, languages and currencies. Equatex supports over 200 international businesses and their 1.5 million employees, providing customised end-to-end solutions from funding instruments to administration, execution, accounting and financial reporting.
Head of Marketing
Equatex Deutschland GmbH