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Octagona has built many internationalization projects for companies, in line with their individual needs and requirements in order to facilitate their process of internationalization

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Octagona in Aurangabad for

Coveme S.p.A.

Operation Duration

September 2016 - January 2017

CUSTOMER COMPANY

COVEME SpA is engaged in the production and commercialization of plastic and electrical insulating films and in the polyester film processing. Coveme is the leading company in the photovoltaic sector.

AIMS OF THE PROJECT

Initiate a direct presence in India;
Strengthen its position in a huge potential market such as the Indian one (already there through exports);
Consolidate its presence in the whole Asian market;
Support its customers in the Indian market providing them a constant support through the establishment of the new company;
Manage in the best way the set up process, receiving operative, legal, corporate and administrative assistance, also after the constitution.

Project’s activities

Octagona srl, through its subsidiary Octagona India (whose offices are based in New Delhi and Bangalore), has managed the entire process related to the project of Coveme:

executing all the necessary paperwork;
organizing all the documents for the opening of the company, in order to provide an entire practicality;
supporting the opening of a bank account and conducting an action of coordination with the bank;
dealing with mandatory registration & licenses;
providing ongoing operative support;
providing constant assistance to our client even in the post-establishment phases, through administrative and legal support activities.

The results

The operation was successful:

Coveme India Engineered Films Pvt. Ltd. has been established in Aurangabad (State of Maharashtra);
today, the Company is followed by Octagona in relation to the administrative, legal and corporate activities

Today, Octagona represents a real anchor to support the business of COVEME in India.

Amedeo Maccolini, CFO of Coveme: “The role played by Octagona has been important for the achievement for our goals: the launch of the new company would have been impossible without the assistance of an expert team, available, flexible and physically present on the field. It has been a strategic operation: India represents a significant market for the photovoltaic business, which we are the leading company in the world, and Coveme India in perspective will offer not only the opportunity to consolidate a market where we are already present as exporters, but also to approach alternative market to the photovoltaic”.

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