DGAP-News: FUCHS strengthens presence in Vietnam through joint venture
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DGAP-News: FUCHS PETROLUB SE / Key word(s): Acquisition FUCHS strengthens presence in Vietnam through joint venture 09.02.2021 / 14:00 The issuer is solely responsible for the content of this announcement. FUCHS strengthens presence in Vietnam through joint venture "Vietnam is an emerging market with great growth potential. This joint venture emphasizes our ambition to establish ourselves in Vietnam in the long term and to expand our business there," explains Dr. Timo Reister, Member of the Executive Board at FUCHS and responsible for the Asia-Pacific region. FUCHS has been successfully working with STD & S Co., Ltd. for more than a decade. The new joint venture employs 13 people and generated sales of around EUR 4.5 million in the 2020 financial year. Mannheim, February 9, 2021 FUCHS PETROLUB SE Important note
09.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | FUCHS PETROLUB SE |
Friesenheimer Str. 17 | |
68169 Mannheim | |
Germany | |
Phone: | +49 (0)621 / 3802-0 |
Fax: | +49 (0)621 / 3802-7190 |
E-mail: | [email protected] |
Internet: | www.fuchs.com/gruppe |
ISIN: | DE0005790430, DE0005790406 |
WKN: | 579043, 579040 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange |
EQS News ID: | 1167058 |
End of News | DGAP News Service |
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1167058 09.02.2021