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International. The coronavirus will have a greater negative effect on the global economy than the SARS outbreak in 2003. At the time of SARS, China was the sixth largest economy, accounting for only 4.2% of global GDP. China is now the second largest economy in the world and accounts for 16.3% of global GDP. Therefore, any slowdown in the Chinese economy generates ripples around the world.
Argentina. Hikvision announces the addition of Mauro Marmorato as Project Director for Argentina.
Latin America. Maglite presents new faces in decisive positions for the consolidation of the brand in different strategic regions. One of them is that of Jurgen Oliver, who has taken over as the new Sales Director for Latin America and the Caribbean after the retirement of Ana Schneider last July.
Latin America. Hanwha Techwin has appointed César Vivenes as the new commercial director for the Andean Region. Its main goal is to increase the market share of the brand in this area, composed of Colombia, Ecuador and Venezuela.
International. Morse Watchmans announced the addition to its executive management team of Tim Purpura, security industry veteran and 500Th Mission President. He will join as international sales manager.
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