Industrial boiler maker Miura Co. said April 23 that it has established a local subsidiary in the Philippines, Miura Philippines, to strengthen sales and maintenance as demand rises with economic growth.
The company set up the unit effective March 25 through its group’s Southeast Asia headquarters in Singapore. It will begin operations May 1. Capital is 18 million pesos (about 47 million yen). The subsidiary will handle sales and rentals of boilers and water treatment equipment, as well as maintenance.
In the Philippine market, Miura Singapore has conducted boiler sales and maintenance since opening a branch in 2018.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.