Israel's Makhteshim Agan establishes Lithuania subsidiary

03 July 2013 12:13  [Source: ICIS news]

LONDON (ICIS)--Makhteshim Agan has established a new subsidiary in Lithuania, the Israeli agro-chemicals producer said on Wednesday.

The wholly-owned subsidiary - called UAB Makhteshim-Agan Benelux & Nordic (UAB MABENO) - is based in Vilnius and will provide direct commercial access to the Lithuanian market.

"We foresee significant opportunities in the Baltic crop protection market and are excited to position ourselves as a leading player which will enable us to advance our growth in the market," Erika Povilioniene, newly appointed CEO of the business unit, said.

By: Graeme Paterson
+44 20 8652 3214

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