Toscotec S.p.A. has successfully established its Chinese subsidiary, Toscotec Paper Machine (Shanghai) Co. Ltd. The new company, a Wholly Owned Foreign Enterprise (WOFE), is located approximately 40 minutes’ drive from Shanghai downtown and 20 minutes from Pudong international airport, in the Gaohang district of Shanghai, and has a total covered area of 1500 m² dedicated to paper machine manufacturing and commercial offices.
Alessandro Mennucci, CEO of Toscotec Italy, proudly declared: “This start-up, together with our existing commercial network, brings Toscotec closer to our Asian clients, wherever they are located.”
