Monday, February 20, 2017

Munjongseok CJ Freshway representative 'markets in South America start'



[Korea gimeunji financial newspaper reporter] munjongseok CJ Freshway representatives may spur competitiveness and external expansion through global expansion. According to CJ Freshway it was on the 20th place last February in South America with offices in Chile's first food materials distribution industry.

CJ Freshway plans to include Chile, strengthening the competitiveness of commodities, such as Peru and fishery products through a network reaching Latin America in Colombia, fruits, agricultural products, including beef and livestock. The excavation of goods in the domestic as well as plans to distribute in China and Vietnam.

In fact, China and Vietnam has a high demand for South American suipyuk, the United States and South America have strong needs for such Navassa Vietnamese mackerel (catfish).

CJ Freshway If you are ensuring product competitiveness through the South American network in China and Vietnam is preparing for expansion of the profitable center.

CJ Freshway ingredients sourcing and distribution business in China is under cruising. August last year, has completed the younghwi Shanghai Mart and distribution joint venture, last November, was paid 3.6 billion won a 30% owned subsidiary of the acquisition amount.

In the Shanghai retail corporation being supplied to Persia (catfish), and one for which the agricultural products such as fruits, including grapes such as China Mart younghwi large retailers since last year. This year is expected to be able to expand its sales last year more than doubled over the South American beef and pork retail expansion increases the demand for suipyuk.

CJ Freshway of global business has seen a significant move by China as well as in Vietnam. Back in 2012 it entered the Vietnam market catering business, and strengthen the local food materials distribution market since last year.

November last year, it has signed a memorandum of understanding for the purchase ingredients Vietnam's largest catering company, the integration of Golden Gate and 10 billion won per year scale, began suipyuk supplied to more than 180 stores in the Golden Gate is open from February this year.

Another is planning to increase Vietnam's largest state-owned distribution company, Saigon Trading Group, the domestic unearthing the quality of domestic fruit farms seasonal supply.

Under Vietnamese CJ Freshway business expansion plans to build a 3,000 pyeong in size to the distribution center expansion this year, the local industry's first local distributor for catering and food supplies for suipyuk.

CJ Freshway officials said would "strengthen its efforts to find business opportunities in overseas markets with high growth potential, as long as the prolonged domestic recession."

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