CUMI forms independent European subsidiary for its refractory products
Published: Thursday, 11 December 2014
The formation of its subsidiary company, CUMI Europe, will allow the company to be in closer to European customers for the supply of its abrasive, ceramics and refractory products, as well as electrominerals. This makes it a strong potential competitor in the European refractory industry.
India-based refractory minerals producer,
Ltd (CUMI), has formed a new
subsidiary company, CUMI Europe s.r.o. in the Czech Republic,
targeting the European market.
The new company – which will be 100%-owned by
CUMI’s existing subsidiary subsidiary CUMI
International Ltd formed – will operate
independently to market the company’s...