JAPAN: Sumitomo to establish Russia JV for wiring harnesses
For the purpose of supplying automotive wiring harnesses to customers in Russia, Sumitomo Electric Industries and Sumitomo Wiring Systems have decided to jointly establish a holding company in the Netherlands with Zavod Radioapparatury, a manufacturer of communication devices and wires and to establish an operating company, as a wholly owned subsidiary of the holding company, that manufactures and sells wiring harnesses for automobiles in Russia.
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