South Korea's professional ballast water management system manufacturer PANASIA recently held its opening ceremony in Guangzhou, China, and announced the opening of its Chinese company Guangzhou Branch. PASOIA CEO Lee Soo-Tae attended the opening ceremony.
It is reported that this is another strategic expansion of PANASIA in the Chinese market following the establishment of an office in Shanghai in March 2011. In addition, the company also established a joint venture company C&C PANASIA in the United States in 2009.
PANASIA plans to increase its sales and service capabilities in the Chinese market by achieving “best QCDS†(quality, cost, delivery, service), which in turn increases sales revenue and market share.
The company has also continued to strengthen its global network. In August and September 2011, the Osaka office in Japan and the Rotterdam office in the Netherlands were established. In April this year, the Osaka office in Japan will be upgraded to PANASIA Japan.
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