MOL announced that its wholly-owned subsidiary MOL (China) Co., Ltd. (Headquarters: Shanghai) has opened an office in the city of Hefei, and started activities such as sales promotion, information gathering and other liaison operations.
Start of operation: December 18, 2006
Territory: Hefei and major surrounding cities in Anhui Province.
Background and future outlook
MOL (China) has proactively expanded and enhanced its operational networks to increase business in China.
Hefei, the capital of Anhui Province, has a population of over 4.5 million people. It is located 400km west of Shanghai.
Major economic activities include manufacturing of electrical appliances, chemical products, and auto parts. Exports and imports of Hefei’s finished products and raw materials pass mainly through the port of Shanghai. Anfui Province has shown steady economic growth in the past decade, and is expected to continue its expansion in the coming years.
MOL (China) has focused considerable sales efforts on Hefei through its Nanjing Branch. But by opening an office in this bustling city, the company will improve service quality and further expand its business.
The opening of the Hefei Office brings the number of MOL (China) offices in China to 26. The company will continue to proactively enhance its sales strength in China to improve customer services.
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