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European subsidiary Kuraray Europe GmbH (KEG) (a wholly owned subsidiary of Kuraray Co., Ltd.; Head Office: Frankfurt, Germany, President: Dr. Gerd Lepper) announces the establishment of a new European subsidiary to reinforce Kuraray's networks in Europe and accelerate future market development in Eastern Europe. An overview of the company is as follows.
| Company name | Kuraray Nordic Ab Oy |
|---|---|
| Location | Kiinteisto Oy Avia Line 1, Perintotie 2D, 01510 Vantaa, Finland |
| Representative | Mr. Keijo Oksanen (Managing Director) |
| Capital | €50 thousand (100% owned by KEG) |
| Employees | Approximately four in the first fiscal year |
| Establishment | December 19, 2008 |
| Principal businesses | Sales of Kuraray Group products in Northern Europe and market development Initially overseeing PVA resin and PVB resin sales, the scope of business activities will be expanded in sequence |
Overview of KEG
| Company name | Kuraray Europe GmbH |
|---|---|
| Headquarters | Frankfurt, Germany |
| President | Dr. Gerd Lepper |
| Capital | €31 million (100% owned by Kuraray Co., Ltd ) |
| Number of employees | Approximately 550 |
| Principal businesses | Manufacture and sale of PVA resin (MOWIOL), PVB resin (MOWITAL) and film (TROSIFOL) Import and sale of fibers and textiles, chemicals and dental materials |
