Techno mud | Octagona Srl

Client Company

Teknofanghi S.r.l is an Italian company founded in 1987, specializing in the design, development and production of sludge dewatering systems for municipal and industrial treatment plants. It is also able to provide customized solutions according to different market needs and demands.

The company has a strong international presence, exporting much of its production. The intent is to strengthen its presence in the Indian market and increase the competitiveness of its product.

Objectives:

Establish a company under local law in India;
Define, for the protection of the Italian company,a contractual agreement with the Indian partner;
Activate a direct presence capable, at first, of marketing the company's products and, later, of developing possible local production.

Strategy and Action

Octagona, together with the Octagona India team, mainly carried out coordination, planning and supervision of the entire project. Specifically:

Preparation of required documentation for the opening of the company;
Opening the checking account, coordinating the bank;
Continuous on-site support in administrative, legal and corporate matters.

Results Obtained

Thanks to Octagona support

The company Teknofanghi Water Treatment Asia Pvt. Ltd. was established with headquarters in Pune;
Throughout the project, the Octagona India team has proven to play an efficient intermediary role;
The Indian company continues to be followed by Octagona in relation to administrative, legal and corporate activities.

Customer Feedback

Massimiliano Lagreca, Chairman of Teknofanghi:

"Foreign countries represent the most important market for our company in terms of volumes generated. For years we have been working closely with numerous industry players, who require constant technical and commercial support. Therefore, and confident of India's strong growth scenario, we decided to implement a change of pace and strengthen our presence in the market through the execution of a well-defined strategic plan. Aware of the high level of complexity of such an operation, we turned to a company of great experience and professionalism such as Octagona, which best assisted our company in the steps leading to the establishment of the Indian office.".