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NYK CONSIDERS LOGISTIC PUSH IN SOUTHERN EUROPE

NYK CONSIDERS LOGISTIC PUSH IN SOUTHERN EUROPE

NYK CONSIDERS LOGISTIC PUSH IN SOUTHERN EUROPE

    NYK is considering an expansion into southern Europe by its
logistics division.
    The Japanese group believes that there is a potential for new business
in southern Europe. The single European currency enables manufacturing and distribution to
be based in this region with lower labor costs, a senior execituve of NYK said.