Business News

Japanese Tool Maker Moving Regional Office to Ljubljana

Celje, 09 September (STA) - The Japanese power tools maker Makita is moving its head office for Eastern Europe from Vienna to Ljubljana. The company decided to move because it wanted to be closer to its clients and its goal markets, Makita regional CEO Minoru Tanaka told the press at the 44th Trade Fair MOS in Celje.

"While Vienna is reasonably close, Slovenia is a far more ideal location for accessing the Eastern European market, which is very important for us...We see an especially great potential in the eastern and southeastern parts of Europe," Tanaka said.

He moreover said that Makita has received quite a few job applications for the 30 posts the business daily Finance reported recently the company would open in the beginning.

Tanaka added that his company has not yet researched the Slovenian economic market, but "the past experience shows it is a good environment".

Finance also reported that Makita had already established ties with the logistics company Intereuropa, pointing to the Koper port as the logistics centre of the region.

According to the daily, the company plans to offer logistics support to the countries of former Yugoslavia, as well as to Ukraine, Romania and Bulgaria from warehouses in Logatec and Ljubljana.

Makita, which has been present on the Slovenian market since 1991, was established in 1915 and has since expanded to more than 150 countries to employ some 12,000 people around the globe. Makita generated EUR 2.4bn in revenues in 2010.

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