- Production in China to gain additional market share
- Positive business performance expected to continue
MBB Industries AG (ISIN DE000A0ETBQ4), a family-owned, medium-sized corporation, plans to significantly expand its subsidiary MBB Fertigungstechnik GmbH's business in China. For this purpose, the subsidiary MBB Technologies (China) Ltd. is to be established in Changzhou, a large metropolitan city in Eastern China. The company is expected to start operations already this year and will expand to around 40 employees in the coming year.
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