Japanese multinational Krosaki Harima acquires the Asturian company Refractaria

The Asturian company Refractaria has been acquired by Krosaki AMR Refractarios S.A.U., belonging to the Japanese group Krosaki Harima Corporation, a leading operator in the sector. With this move, the Japanese company will expand its offer of refractory solutions to its client base.

Just as the Japanese company has announced, this acquisition “fits perfectly into the company’s growth strategy”. Thanks to this operation, the products of Refractaria and its new shareholder will be commercialised in over 60 countries.

Krosaki Harima Corporation has subsidiaries in 5 countries and develops refractory materials for the steel, lime and cement industries, as well as non-ferrous metal and continuous casting industries. It is listed on the Tokyo and Fukuoka stock markets.

Refractaria emerged in 1948 as a supplier of Duro Felguera’s refractory material. In 2008 the company embarked upon an internationalisation strategy by opening sales and delegation offices in 7 countries in different continents. It currently collaborates with the ITMA Foundation, as one of its founding partners, as well as in the Asturian Refractories Cluster.

 

Sources: La Nueva España, Web Krosaki AMR Refractarios S.A.U.

11 一月, 2019 /  

Asturias topped Spanish GDP growth in 2017

Figures published by the Spanish National Institute of Statistics (INE) position Asturias as the autonomous community with the highest GDP growth in 2017. The year-on-year advance was 3.8%, exceeding the Spanish average (3%) by 0.8 points, and the European average (2.4%) by 1.4 points. The subsequent positions were Cantabria and Aragon with a 3.4% growth rate, followed by Madrid with 3.3%.

The Asturian industrial sector, with an increase of 8.1%, was the greatest driving force behind the region’s GDP growth. Professional and scientific activities (7.1%), and construction (6.1%) were also an influencing factor on the increase in GDP in Asturias, allowing it to secure the top spot in the ranking of autonomous communities. Likewise, sectors such as IT and communications (3.4%), and trade (2.5%) revealed GDP increases throughout 2017.

The Hispalink integrated regional modelling network envisages an increase in GDP in Asturias of 2.6% in 2018.

Source: La Nueva España

9 一月, 2019 /