Bridgestone establishes sales company in Morocco
Exports of minerals and agricultural products are significantly growing in Morocco due to free trade agreements the North African country operates with the European Union and United States. On top of this, Morocco is actively establishing additional infrastructure along the Mediterranean Sea coast in the hope of becoming a major hub for the distribution of goods in and out of North Africa. For this reason, Bridgestone Middle East & Africa FZE (BSMEA) sees Morocco as a key region in which rapid economic expansion can be anticipated and has established a new tyre sales company based in Casablanca. The name of the new company is Bridgestone Tire Sales Morocco SARLAU (BTSM). Through the company, which began operation on April 1, BSMEA intends to further strengthen its business in Morocco’s “highly promising” market by “increasing its ability to offer high quality products and services to the region.”
According to Bridgestone, exports of minerals in Morocco, such as phosphate ore, and agricultural products have been growing significantly due to free trade agreements Morocco established with the European Union and the United States. For this reason, BSMEA sees Morocco as a key region in which rapid economic expansion can be anticipated.
Bridgestone Tire Sales Morocco SARLAU is based in Casablanca City, Morocco. Kensuke Yoshida is its representative. The business was established on 17 January 2011 and commences operations on 1 April 2011. It initial capital is 3.3 million Moroccan dirhams and its business will focus on the sale of passenger car as well as truck and bus tyres as well as tyre-related services.
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