RGU: REGUS PLC: Regus opens in Nepal – now operating in 100 countries
UK Regulatory Announcement
Regus, the world's largest provider of flexible workspaces, has launched its
first business centre in Nepal. This represents a significant milestone for
Regus as it brings the company’s global network to 100 countries. It allows
both local and international businesses to expand their presence in one of
Asia’s emerging economies without upfront capital investment or long-term risk
by using Regus’ flexible workspaces.
The new Regus centre is in Kathmandu, the country's industrial and commercial
hub. Nepal has good economic relationships with neighbouring China and India,
as well as with the US and the EU and it has seen steady rises in GDP, of
around 4% annually this decade.^1
Mark Dixon, Chief Executive of Regus plc said: "The expansion of the Regus
network to 100 countries is another milestone as we execute on our growth
strategy. In every market we are in, we are making it more feasible and
affordable for businesses to achieve their own growth and export ambitions. By
2014 our network should reach more than 2,000 business centres globally.
Nepal is an excellent choice for our 100th country. It is a young and growing
economy, in a flourishing region. Many people and businesses will benefit from
our services and we look forward to working with them to help create growth
and employment in this important emerging market."
Notes to Editors
Regus is the world’s largest provider of flexible workplaces, with products
and services ranging from fully equipped offices to professional meeting
rooms, business lounges and the world’s largest network of video communication
studios. More than a million customers a day benefit from Regus facilities
spread across a global footprint of 1,500 locations in 600 cities and 100
countries. Regus was founded in Brussels, Belgium in 1989, is headquartered in
Luxembourg and listed on the London Stock Exchange.
For more information, visit: www.regus.com.
Jon Walsh - +85 293 121 706 - email@example.com
Simon Sporborg/Nick Cosgrove - Brunswick Group +44 (0)2079367426
^1 "Nepal GDP Annual Growth Rate", Trading Economics, June 2013.
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