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Article: JAPAN'S YUSEN AIR TO ESTABLISH RUSSIAN DISTRIBUTION SUBSIDIARY.
- Article from:
- AsiaPulse News
- Article date:
- April 25, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TOKYO, April 25 Asia Pulse - Yusen Air & Sea Service Co. (TSE:9370) in June will set up a subsidiary in Moscow to oversee distribution operations in Russia.
The new company will be wholly owned by the Yusen Air group. In addition to upgrading an existing office in Moscow, which currently has one resident staffer, it will open a second Russian location in St. Petersburg, where Japanese automakers are setting up operations.
The new subsidiary will place an emphasis on shipping parts and equipment imported by Japanese ...