As part of our ambition to grow internationally and strengthen our position in Northwestern Europe, we have recently taken a significant step in Scandinavia. After years of indirect presence in the Norwegian market, our distributor Satelliet Norge is now fully integrated into the Satelliet Group.
We are proud of this milestone and look forward to working with our Norwegian colleagues to further develop Satelliet into a leading player in the Norwegian hospitality market. The acquisition of Satelliet Norge marks the beginning of a new chapter, enabling us to make our expertise and innovative products directly available to our Norwegian customers.
To increase the visibility of Satelliet hospitality furniture and Satelliet Originals and support our growth in Norway, we will open a new showroom in Oslo in August. This inspiring and welcoming location will serve as the epicenter from which we will, together with our Norwegian partners, realize impressive hospitality projects.
The new showroom provides a space where customers can experience the versatility and quality of our furniture collections. This initiative underscores our commitment to the Norwegian market and our goal to build sustainable relationships with local entrepreneurs and designers.
The expansion into Norway is a strategic step that allows us to respond more directly to the needs and trends in the Scandinavian hospitality sector. With our extensive collection and focus on innovation and sustainability, we are ready to make a significant impact and further strengthen our presence in Northwestern Europe.