Tags: Expansion
Dongfeng and France to invest in Peugeot
Chinese carmaker and France to contribute EUR1.5 billion individually for the expansion of Peugeot in Europe and in Asia.
Late subsidy forces Simran Wind to stop expansion plans
The late release of government subsidy for the IFC backed Simran Wind Project Pvt forces it to shelve expansion plans.
Uniqa set to expand into Eastern Europe
The largest insurance firm of Austria is set to sell off nearly USD 1 billion worth of new shares to fund its Eastern European expansion.
Time Warner Cable purchases DukeNet to expand into Southeastern US
DukeNet serves as the gateway to the Southeast United States, thus an acquisition of this magnitude was an easy choice to make.
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Hettich's future plans include investments in research and development as well as training. Hettich, the German furniture fittings and hardware company, who has a subsidiary in India, said it would be investing about INR500 crore in the next five years.
The China Banking Regulatory Commission had sought opinions to allow companies to set up financing firms that offer loans for retail purchases under certain parameters.
Sofitel would be opening hotels in Qatar and Saudi Arabia. Sofitel, the luxury hotel brand, is owned by French company Accor, was said to be in active discussion to sign new hotels located in Qatar and Saudi Arabia.
In accordance with its expansion plans, Fonterra Cooperative Group is now building a UHT milk processing plant in China, despite a recent poisoning scare and corruption investigations done by government.
Volkswagen AG invests new finds into the venture with FAW Group to expand the production of the plant in Foshan.
R Hotel's investment plan is to expand its hotel line from three to six with an AED1.5 billion investment.
Despite allegations of anticompetitive behavior, Huawei continued with expansion plans to Europe. Huawei, Chinese telecommunications equipment manufacturer, had laid out plans to create 5,500 jobs in Europe within five years.
In a bid to increase its contribution to ZTE's overall revenues, the cloud computing and IT productions operations of the firm had laid out plans to expand cloud computing in China.
In addition to its recent partnership with lab testing company Theranos Inc, Walgreens Co purchased drugstore chain Kerr Drug for an undisclosed amount in preparation to the launch of the US's Affordable Care Act.
Cisco Systems, Inc has opened a new business unit called Services Security Practice to expand in the security business market with tech industry veteran Bryan Palma as the unit's general manager.