Japanese Hand Tool Giant Makita Sets Up A Subsidiary in Kazakhstan

Makita Corporation (Capital: JPY 24.206 billion) has set up and launched a subsidiary in Kazakhstan on February 1st this year to enhance local product sales and after-sale service.

According to Makita's press release, the company used to supply Kazakhstan market via the sales locations of its Dubai (United Arab Emirates) subsidiary. Now with the new subsidiary in Kazakhstan, where economic growth is significant, Makita will not just accelerate product and parts supply, but also leverage the new subsidiary to expand market share in other Central Asian countries. Additionally, Makita expects sales growth to benefit more from a unified market of Eurasian Economic Union, in which Russia, Belarus, and  Armenia joined in January this year.

The Kazakhstan subsidiary (Makita Kazakhstan LLP)  is the 50th overseas branch of Makita. Makita currently has 27 subsidiaries in Europe.