Komatsu will establish a wholly owned subsidiary, Komatsu Central Asia LLP, in the Republic of Kazakhstan to strengthen its sales and product support operations in the Central Asian region.
The operation of this company is scheduled to start in August 2023. The impact on Komatsu’s consolidated business results is estimated to be minimal.
Since the Central Asia region is rich in natural resources, Komatsu expects that demand for construction and mining equipment will emerge due to the increasing global demand for essential resources and against the backdrop of growing infrastructure development resulting from advancing urbanization.
See also: CNH Industrial divests Russia operations
Komatsu has conducted sales and product support of construction and mining equipment through its distributors in the region. However, due to the supply chain disruption and financial and economic turmoil caused by the situation in Ukraine, it has become difficult to find out the needs and challenges of local customers.
Equipped with sales and service capabilities, the new company will preside over Komatsu distributors to address these issues in the region.
Source: Komatsu
About the Author
Frank RaczonFrank Raczon
Frank Raczon has influenced and covered the equipment industry for 35 years, including 15 years as senior editor of Construction Equipment, and marketing, advertising, and public relations work for the industry's top manufacturers. He authored "Caterpillar: Modern Earthmoving Marvels" (Motorbooks, 2015), and has won numerous awards in his career, highlighted by nods from the Construction Writers Association, the Association of Equipment Manufacturers, the Business Marketing Association, and BtoB magazine. Raczon has also won awards from publishing peer groups such as ASBPE and TABPI.
