DANZAS EXPANDS IN PANAMA.

Corporacion Cormar SA (Danzas Group owns a 34% stake) merged its logistics activities in Panama with Logistics Services (Panama) SA.

The resulting joint venture, Cormar Logistics Panama SA has around 50 employees and large storage facilities for pharmaceuticals, chemicals and electronic products to supply customers in the free trade zone of Colon (Panama).

The joint venture will supply markets in CostaRica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Copyright 2001 Elsevier Engineering Information. Source: World Reporter (Trade Mark) – Asia Intelligence Wire.

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