Which krogman metals bv-adinox stainless bv are set up in

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Reference no: EM133296301

Assignment:

Question:

Kindly suggest the stakeholders for Krogman Metals and their position if they company expands its business to US.

Brief Background of Krogman Metals.

Our main line of business is as a wholesaler of stainless-steel sheets and coils. We buy our material from both European and Asian mills, and these materials can be categorised as Prime and Secondary material.

We have a large warehouse in Rotterdam from where we distribute our materials into the EU.

The Netherlands:

Beltek Holding Company, under which Krogman Metals BV and Adinox Stainless BV are set up in.

Adinox Stainless BV is a joint venture with our Malaysian partners. They provide us with stock material, and we sell the material to the EU market.

Turkey:

Nika Paslanmaz A.S

Currently operates under two functions:

As a sales team for both Krogman & Adinox
Buys and sells material for the Turkish market

United Arab Emirates

BT Inox

This is a newly set up company which will focus namely on the Middle East / Pakistan / India.

Suppliers of stainless-steel offer low quality materials for these regions, and we can benefit from these prices and market demand.

Reference no: EM133296301

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