Stocks

Will HIL’s China foray thru’ German arm help?

| Updated on March 29, 2019 Published on March 29, 2019

 

Parador (Shanghai) Flooring Trading Co Ltd, (JV of Parador GmbH, Germany, a step-down subsidiary of HIL International), has opened its first showroom in Shanghai for premium wooden products. Last year, the CK Birla group firm had acquired Parador Holding GmbH in a bid to gain entry into the European market and expand its product portfolio in the US and other Southeast Asian countries. Now with this launch, HIL expects overall growth internationally.

Published on March 29, 2019
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