Business Services Industry
Hjellegjerde ASA signs distribution and sales agreement with Simmons Co Ltd in Japan
Nordic Business Report, April 2, 2004
NORDIC BUSINESS REPORT-2 April 2004-Hjellegjerde ASA signs distribution and sales agreement with Simmons Co Ltd in Japan(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com
The Norwegian furniture maker Hjellegjerde ASA said on Friday (2 April) that it had signed a distribution and sales agreement with the Japanese company Simmons Co Ltd.
The contract, which represents an annual turnover of approximately NOK35m, covers the distribution and sale of Hjellegjerde's Northern Comfort chairs on the Japanese market.
Hjellegjerde said that it expected the agreement to increase production volumes at its factory in Sykkylven, Norway by some 20%.
One Norwegian krone (NOK) is worth approximately 0.08 British pounds (GBP).
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