Mitsubishi Electric Sets Up Local Company in Russia
2014-12-22
In October 2014, Mitsubishi Electric established Mitsubishi Electric (Russia), a general sales company, in Russia and started operations. The new company intends to strengthen Mitsubishi Electric’s refrigeration, air conditioning, and factory automation (FA) system businesses in Russia and neighboring countries and attain \10billion (about US$ 85 million) sales in 2015.