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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter February 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

SunEdison Restrained from 'Unusual' Asset Transfers

Solar company SunEdison Inc said a U.S. court has restrained the company from making any unusual asset transfers until a hearing in a lawsuit brought on by investors

Maersk to Scrap Ships at India's Alang Beaches, NGO Dismayed

Maersk Line said on Friday it had chosen four shipbreaking yards along India's Alang beaches to handle an increase in vessels that need to be scrapped, to the dismay

Teknotherm Marine Moves HVAC Arm to Bergen

Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS.

Marine Electronics

DARPA All Set To Launch Submarine Hunting Drone

The Defense Advanced Research Projects Agency (DARPA) will launch in April a sleek, 132-foot warship from Portland, OR, testing its abilities over a succeeding period of 18 months.

Update on Seagull Mobile apps for Crew

The Seagull mobile app for crew training status is set to revolutionise the way seafarers track their training records and receive critical safety alerts, by making

Danelec Marine Making Free ECDIS Upgrades

Ships with older Danelec ECDIS models are being upgraded to new hardware and software   Danelec Marine has launched a program to provide free upgrades of shipboard

News

Brazil's CEEE to sell stakes in Wind Farms, Dams

Brazil's Companhia Estadual de Energia Elétrica (CEEE), a power utility controlled by the state of Rio Grande do Sul, will sell assets including stakes in wind farms,

N.E. Fishermen Warned of Extreme Cold, Wind Chills

The Coast Guard is urging the Massachusetts and Rhode Island fishing fleet to take caution heading into the weekend when life threatening temperatures and wind chills are forecasted.

Hapag-Lloyd Enhances Conosur Service

Hapag-Lloyd has informed about its service enhancements on the Conosur Service (South America West Coast to South America East Coast). This is being upgraded by

Marine Equipment

Premier Oil and Rockhopper Abandon Ocean Rig Contract

Two of the major British players in Falkland Islands offshore oil development, Premier Oil and Rockhopper Exploration, cancelled a joint venture contract with Ocean Rig UDW.

Teknotherm Marine Moves HVAC Arm to Bergen

Maritime heating, ventilation and air conditioning (HVAC) firm Teknotherm Marine has established a new subsidiary is established with the name Teknotherm Marine HVAC AS.

Sentinel Launches New Rudder Feedback Unit

Sentinel, a Beier Radio company, has designed and manufactured a new Rudder Feedback Unit (RFU) with many new features, including watertight components and connections

Electronics

Update on Seagull Mobile apps for Crew

The Seagull mobile app for crew training status is set to revolutionise the way seafarers track their training records and receive critical safety alerts, by making

Danelec Marine Making Free ECDIS Upgrades

Ships with older Danelec ECDIS models are being upgraded to new hardware and software   Danelec Marine has launched a program to provide free upgrades of shipboard

Transas Academy Launched

Transas Academy launched during the Simulation User Conference 2016   Transas has launched its newly established Transas Academy, part of the company's THESIS,

Yachts

Volvo Penta Debuts Innovative Glass Cockpit

The new generation of Glass Cockpit expands Volvo Penta’s collaboration with Garmin for an advanced monitoring and control system that makes boating easier. And its clever application,

Honda Marine, BRIG USA Ink OEM Deal

Honda Marine, a division of American Honda Motor Co., Inc. and marketer of a complete range of outboard marine 4-stroke engines, announced today a new OEM agreement with BRIG USA.

Peak Shipping Season Is Approaching For United Yacht Transport

Spring is the busiest season for United Yacht Transport, the North American leader in boat transport. The international boat transporters are set to complete various shipments in the upcoming months.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | 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: 0.1034 sec (10 req/sec)