Furuno Establishes Italian Subsidiary

Posted by Eric Haun
Monday, January 20, 2014

Furuno Electronic Co., Ltd. announced a new subsidiary in Italy has been established on November 8, 2013 and will commence its business operation from January 1, 2014 onward. In Italy, Arimar S.p.A. has hitherto been handling the marketing and sales activities as well as technical service provision as Furuno’s national distributor. The new subsidiary, Furuno Italy S.r.l. (FIT) will be Furuno’s wholly-owned subsidiary company in Italy whose main task is to further enhance the sales activities as well as technical service provision scheme in the local market, which is viewed as one of the most important geographical locations with remarkable market potential in Europe.

Not only does Italy have one of the largest shipping communities in the world, in terms of ship registration, but it is also one of the world’s leading shipbuilding as well as operating nations for cruise ships, in particular. What is more, Italy has the largest shipbuilding industry in the world in terms of mega yachts, making it one of the most important markets for recreational marine segment of the industry alongside with France and Monaco.

FIT will, within the framework of Furuno’s network of worldwide distribution and service organization, cooperate with Furuno head office and subsidiary companies around the globe to further solidify its activities in a wider global framework. Also, FIT will be acting as one of the central organs of Furuno’s network of distribution and service organization for all-embracing marine market segments for the Mediterranean area, in close collaboration with Furuno France S.A.S. and Furuno España S.A. It is strongly believed that, with the establishment of FIT, Furuno will be able to further solidify and rationalize its operation, hence earning further confidence from the global maritime industry as a whole.

Company Name: Furuno Italy S.r.l.
Location: Genoa, Italy
Representative Director: Didier Bureau
Capital Stock: € 5 million
Description of Business: Distribution of Furuno products and parts as well as provision of the technical service and support
Account Closing Month: December
Business’ Commencement Date: January 1, 2014
Capital Structure and Contribution Ratio: 100% owned by the following two wholly-owned subsidiaries of Furuno (Furuno Europe B.V. 95% and Furuno France S.A.S. 5%)
 

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Obangame Express 2015 Concludes in the Gulf of Guinea

Maritime forces from Gulf of Guinea nations, Europe, South America, and the United States and several regional and international organizations concluded the multinational maritime exercise,

Scandlines Ferry Back in Service by End June

The damaged Scandlines ferry M/V Prinsesse Benedikte is being repaired at the Polish shipyard Remontowa and is expected to be ready before the end of June 2015.

Greece Will Sell Piraeus Port Stake in Weeks

The Greek government will sell its majority stake in the port of Piraeus within weeks, the country's deputy prime minister told China's official Xinhua news agency,

News

Gulf Bridge Express Service to End

The Gulf Bridge Express Service will shortly be terminated with the last roundtrip voyage being MV Saint Nikolaos voyage 00008S, ETA New Orleans on April 22, 2015.

Obangame Express 2015 Concludes in the Gulf of Guinea

Maritime forces from Gulf of Guinea nations, Europe, South America, and the United States and several regional and international organizations concluded the multinational maritime exercise,

Scandlines Ferry Back in Service by End June

The damaged Scandlines ferry M/V Prinsesse Benedikte is being repaired at the Polish shipyard Remontowa and is expected to be ready before the end of June 2015.

Marine Equipment

Scandlines Ferry Back in Service by End June

The damaged Scandlines ferry M/V Prinsesse Benedikte is being repaired at the Polish shipyard Remontowa and is expected to be ready before the end of June 2015.

US Navy to Roll out Underwater Spy Satellites

The robotic series that remade crusade in skies will shortly extend to a low sea, with underwater view “satellites,” drone-launching pods on a sea building and unmanned ships sport submarines,

Viking Bags Charter Deal for AHTS Brage Viking

Viking Supply Ships has entered into a contract with an Oil major for the charter of “Brage Viking” commencing 1stof April 2015. The duration is for 2 years and 8 months firm,

Electronics

US Navy to Roll out Underwater Spy Satellites

The robotic series that remade crusade in skies will shortly extend to a low sea, with underwater view “satellites,” drone-launching pods on a sea building and unmanned ships sport submarines,

Washington State Ferry Tacoma Returns to Service

Washington State Ferry M/V Tacoma will return to work on the Seattle/Bainbridge Island route starting March 28 after suffering electrical damage last summer.   The

SimCity

Building Capacity, as Deadline for Trained Crews Nears   “You see that ship. That’s our ship,” says Karsten Saevik, as he directs our attention to the virtual

Yachts

3D Machining Puts Wind in the Sails

With ESPRIT CAM software, Armor Mécanique has the wind in its sails; 50% time savings, better quality and new markets thanks to 3D machining Established in 1984

Yachting Malta PPP Sets Sail

Yatching Malta Ltd (YML) - a new public private partnership (PPP) between the government and the Royal Malta Yacht Club (RMYC) was formed with the aim of putting Malta on "the global yachting map".

Taiwan Boosts Yacht Export

Taiwan's yacht industry saw its first double-digit growth in nearly a decade, indicating an inspiring revival led by development and sales of larger leisure boats,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1993 sec (5 req/sec)