Transitex is pleased to announce the opening of Transitex China, under the leadership of Tiago Brito. The office is located in downtown Shanghai and is now is fully operational.
Transitex has been focusing in the internationalization, opening new offices all around the world. China is the twelfth country in which Transitex has its own offices and the first Company under the name Transitex operating in the Asian continent.
Choosing China as the next place to expand was a natural step, considering that this country is the biggest exporter in the world, which makes it an ideal business partner for any of the other countries in which we are present.
The Company foresees the core of the business in China to be mainly related to commercial trades between China and Portuguese and Spanish spoken countries, as a result of the strong presence of Transitex in Africa and Latin America.
Even though it is expected that the majority of the business is related to exporting, importing of wines, spirits and ornamental rocks, which originate from the countries where Transitex is already established, should be of significance.