Elgi Equipments’s wholly owned subsidiary -- Elgi Compressors Europe SRL has invested 50,000 SEK (Swedish Krona) in the share capital of Elgi Compressors Nordics, Sweden. The newly formed entity will host the sales force for the Nordic region with an objective of promoting ELGi’s EPSAC (Electric Powered Screw Air Compressors) products.
Elgi Equipments is a holding company and an air compressor manufacturer. The company’s segments include Compressors, Automotive Equipments and Others.