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| Exchange Disseminated Time | Carborundum Universal Ltd has informed BSE that:
"CUMI International Limited, Cyprus (CIL) a wholly owned subsidiary of Carborundum Universal Ltd (CUMI), India, has formed a 100% subsidiary company- CUMI Europe s. r. o (CE) in Czech Republic of the European Union to independently market Electrominerals and other industrial products viz., Abrasives, Ceramics and Refractories that CUMI manufactures from across its 30 factories located in 7 countries.
CUMI with consolidated sales of about $350 million is a fully vertically integrated company in the space of Abrasives, Electrominerals, Ceramics and Refractories with operations in Australia, China, Russia, Middle East, South Africa, Thailand, the USA and in India.
The CE operations will facilitate CUMI to offer to its customers in Europe, quality industrial products and services besides helping in developing customized products and solutions for its customers." |
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