SPECIAL FEATURE
 
BENELUX
Belgium, the Netherlands, and Luxembourg-- the Benelux nations--occupy the geographical heart of western Europe. Here, we survey the Mitsubishi companies' activities in the region renowned for windmills, tulips, dikes, lace, endives, and the headquarters of the European Union.
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sf5 Asahi Glass manufactures a full line of glass products through its Brussels-based subsidiary, Glaverbel Group, which employs nearly 13,000 people. Glaverbel is the second-largest manufacturer of flat glass in Europe. Recent expansion has increased the production capacity for laminated glass and other high value-added products greatly at the company's main plants. In keeping with Asahi Glass's tradition of global management, European executives fill most of the main management positions at Glaverbel.

"The door to my office is always open. People feel free to stop in and raise any issue with me. An open door is important in fostering good relationships. We have 706 people at this plant. And I try to make sure that every individual understands and feels proud of their role in our operations."

Jean-Francois Heris
General Manager, Moustier Plant
Glaverbel Group

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Mitsubishi Heavy Industries sells diesel engines, makes turbochargers, and services corrugating machinery at a Dutch subsidiary (left). A Dutch joint venture with Caterpillar produces forklift trucks (below). Other Dutch operations of the company make car air conditioners and service refrigeration equipment.

Mitsubishi Corporation conducts trading and investment in the Benelux region through Dutch and Belgian subsidiaries. It also owns a Belgian company that manufactures plastic products.sf9

The Mitsubishi financial institutions are active in all three Benelux nations. Bank of Tokyo-Mitsubishi operates in the Netherlands and Luxembourg through locally incorporated subsidiaries and in Belgium through a branch. Tokio Marine operates two branches in Belgium and two in the Netherlands.

Mitsubishi Logistics operates in Europe through a Netherlands-based subsidiary. That operation provides a full range of international forwarding and warehousing services.

sf10 NYK Line is a familiar presence in European ports, especially in the largest, Rotterdam. The company has four offices in the Netherlands and Belgium and operates two New Wave Logistics subsidiaries for providing comprehensive logistics support, including customs clearance, warehousing, and distribution services.

Mitsubishi Kakoki markets marine oil cleaners and other marine equipment and provides related maintenance services through a Dutch subsidiary. Mitsubishi Corporation is a partner in that operation.

Nikon serves customers in Europe through a Dutch subsidiary that imports and markets cameras, microscopes, and other optical products. Another Netherlands-based Nikon subsidiary handles financing for the company in Europe.

sf11 Mitsubishi Motors was a Japanese pioneer in automobile manufacturing on the European continent through its Netherlands Car plant. Originally a joint venture with Volvo, that plant now is a Mitsubishi Motors subsidiary. It produces the Mitsubishi Carisma and other vehicle models. Under Mitsubishi Motors' growing cooperation with DaimlerChrysler, the Netherlands Car plant will begin producing the Z-Car global strategic compact model in 2004.

sf12 Mitsubishi Electric manufactures elevators and escalators (left) at a subsidiary in the Netherlands (below). Another Mitsubishi Electric subsidiary in that nation produces electronic systems and components for automobiles.
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Mitsubishi Rayon is another European manufacturer. It makes resin materials in the Netherlands. sf14
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