Marzek Etiquettes Expands in Ukraine

IndustrialsIndustrial Goods ♦ Published: September 13, 2011; 14:48 ♦ (Vindobona)

The Austrian manufacturer of etiquettes takes over the Ukrainian subsidiary by 100%.

Marzek Etiquettes Expands in Ukraine / Picture: © Vindobona.org

Marzek now benefits from its expansion activities in Ukraine during the crisis. Because of the big domestic market and the customs union with Russia, Marzek went to Ukraine in 2009.

In August 2011, the shares of the subsidiary, which is located in the Ukrainian city Dnipropetrovsk, were transferred to the group. The last shareholder, who founded the company, sold his stake of…