Mitsubishi Electric to Make Polish Railway Rolling Stock Electrical Equipment Manufacturer MEDCOM a Wholly Owned Subsidiary (Zaikei Shimbun)

Mitsubishi Electric disclosed plans to make Polish railway rolling stock electrical equipment manufacturer MEDCOM a wholly owned subsidiary and advance its integration within the group.

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The story

Mitsubishi Electric announced plans to make MEDCOM a wholly owned subsidiary. The move is intended to integrate its railway rolling stock electrical equipment business within the group.

MEDCOM, the target company, is a Poland-based manufacturer of electrical equipment for railway rolling stock and designs and manufactures electrical components.

The move is reportedly intended to strengthen the business structure by advancing integration within the group. Further announcements on the specific procedures and timeline are awaited.

At a glance

Implementing entity nameMitsubishi Electric Corporation

Target companyMEDCOM

RegionPoland

EventAnnounced plans to make the company a wholly owned subsidiary

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