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

People & Company News

Brexit will Affect Maritime Talent

The UK’s decision to leave the EU has the potential to drive many of its maritime employees away, according to the results of a survey issued by Faststream, a recruitment specialist in Maritime jobs.

“Twiggy” Baker Wins BWT Puerto Escondido Challenge

Grant “Twiggy” Baker (ZAF) claimed victory today at the Puerto Escondido Challenge, besting a field of 24 of the world’s best big wave surfers in towering 20-to-35

Winners of International Seafarers' Welfare Awards

The winners of ISWAN's International Seafarers' Welfare Awards 2016 were announced on 24th June at a high-profile ceremony held in Manila, the Philippines. The

Marine Electronics

Denmark Adopts Digital Ship Certification

As of June 24, 2016, ships flying the Danish flag are being digitally certified, making Denmark one of the first countries to put an end to the 100-year-old tradition

PGS, Radio Holland Expand Service Agreement

Norwegian marine geophysical company PGS has extended its non-exclusive service agreement with Radio Holland for navigation and communication services onboard nine seismic vessels in its global fleet.

AkzoNobel Wins Major Environmental Award

AkzoNobel’s pioneering methodology for rewarding ship owners who use sustainable hull coatings has been named Environmental Leader Product of the Year for 2016.

Passenger Vessels

Ovation Of The Seas Sets Sail From China

Royal Caribbean christened their third Quantum class cruise ship, Ovation of the Seas, to huge fanfare in a ceremony in Tianjin, China.   The event marked the

Crystal Cruises Plans Return to Port Everglades

Crystal Cruises' ships will return to Broward County's Port Everglades beginning in Fall 2017, having last sailed from the port in 2006.   Beginning October 27,

Kiel is First German Port of Call for Mein Schiff 5

The brand-new TUI Cruises newbuilding Mein Schiff 5 has arrived in Kiel – her first German port of call since being handed over in Turku, Finland, a few days ago.

News

MPA to Enhance Collaboration with Rotterdam Port

Chief Executive of the Maritime and Port Authority of Singapore (MPA), Andrew Tan, attended the second Port Authorities Roundtable (PAR) in Rotterdam.    Hosted

Day of the Seafarer: Ban Spotlights Sustainable Agenda Targets

Marking the Day of the Seafarer, United Nations Secretary-General Ban Ki-moon highlighted the role of the shipping industry in moving forward the international

“Twiggy” Baker Wins BWT Puerto Escondido Challenge

Grant “Twiggy” Baker (ZAF) claimed victory today at the Puerto Escondido Challenge, besting a field of 24 of the world’s best big wave surfers in towering 20-to-35

Marine Equipment

ABP orders Two Gottwald cranes

Terex Port Solutions (TPS) has received an order from Associated British Ports (ABP) for two electric Terex Gottwald Model 8 portal harbour cranes in the G HSK 8424 B four-rope grab variant.

Austal Delivers LCS 8 to US Navy

Austal Limited (Austal) (ASX:ASB) delivered the future USS Montgomery (LCS 8) to the U.S. Navy, during a ceremony held aboard the ship at Austal USA’s shipyard in Mobile, Alabama, USA on 23 June.

POSH Bags Shell FLNG Contract

Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell’s Prelude floating liquefied

Electronics

Denmark Adopts Digital Ship Certification

As of June 24, 2016, ships flying the Danish flag are being digitally certified, making Denmark one of the first countries to put an end to the 100-year-old tradition

PGS, Radio Holland Expand Service Agreement

Norwegian marine geophysical company PGS has extended its non-exclusive service agreement with Radio Holland for navigation and communication services onboard nine seismic vessels in its global fleet.

Simrad Tech for Sydney Fast Ferries

Four new fast ferries, owned and managed by Manly Ferries and operating in the busy waters of Sydney Harbour, will use Simrad technology for safe navigation. The

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
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: 0.1169 sec (9 req/sec)