PMT and Yonei & Co. have concluded an exclusive distributorship agreement with regard to the paper machines and equipment of PMT product lines. Yonei has been in business since 1897 and is a well-known leading company on domestic market. PMT is confident that Yonei’s long lasting experience and penetration in Japan represent an opportunity for this new market. Commenting on the agency agreement Luca Nugo, CEO of PMT Italia, said: «We are honoured to have Yonei in our working team and believe that Yonei will bring real value to our product offer in Japan».
In order to face the increasing demand on the Asian market, PMT has made the strategic decision to found a new branch in China, PMT Kunshan, situated in the town of the same name. PMT Kunshan, whose first activities will be the pre-erection of key components for the Asian market and the service to installations in the Far East, has been conceived with the intent of widening PMT’s present capability of supplying machinery and services to the Paper Industry in the Chinese market as well as expanding its activity to other countries.
PMT sales activity in China will continue with the local support of Kaukomarkkinat. Some local technicians will be trained in Italy in order to build the first service staff while further internal and external manpower will be in charge of pre-erection activities.
Kunshan, with its ideal position in the most advanced Chinese area, between Shanghai and Nanjing, is one of the economically most interesting towns in China with its 2.4% foreign direct investment, especially from Taiwan.