Opening of a factory in Vietnam
framas Vietnam Ltd. is founded in Saigon. In doing so, framas once again proves that we are able to react flexibly to the demands of the dynamic sports shoe market, and our ability to be a global partner.
Solidification of the expansion in China
framas founds its second branch in China: framas Fuzhou Ltd., in Fuzhou, to keep abreast of the continued expansion of the sports shoe industry in China.
Development in Vietnam
framas opens its development center in Vietnam, in order to be able to offer the entire competence and know-how of framas Group here too. We also relocate both Chinese venues Fuzhou and Dong Guan to new production sites.
Indonesia sets up its own mold making facility
framas Indonesia sets up its own mold making facility. The second framas factory in Vietnam is also opened. framas Korea Vina Ltd. in Ho-Chi-Minh City provides important support for our production in Korea.
framas China Ltd. is also founded in Hong Kong, and it is responsible for the administration of the Chinese venues, along with framas Hong Kong Ltd.. An independent office is opened in Hong Kong for both companies.
Completion of build-up of mold making capacities in Asia
Acquisition and integration of a mold making facility at framas' Chinese venue Dong Guan. This decision marks the completion of our build-up of mold making capacities in our Asian subsidiaries. It is a key milestone in our strategic orientation as the world's leading system provider of high-performance components for the shoe industry.