Unilever to Install Regional Office in Panama

With an investment of $2.5 million, the multinational will serve Central America and the Andean region from an office in Panama.

Thursday, July 14, 2011

President of the Andean Region and Central America at Unilever, Fernando Acosta, told the press that the company has not ruled out expanding its investments in the country in the near future, such as opening new service centers and factories.

According to an article in Capital.com.pa, "Unilever Regional Services, will start its operations in Panama by offering a ‘Factory Order’ service, which receives, enters, processes, allocates to inventory and provides optimal routing for all orders that are generated in the region. Via a single platform in the region, the company has direct access to the movement of distribution of more than 400 brands. "

"Acosta has taken an important step within Unilever and Panama forms part of this development with the Order Factory which helps improve logistics efficiency, generate savings, increase the value of customer service, and reduced complexity through reliable information systems and alignment with regional projects.

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More on this topic

Maersk Line Moves from Brazil to Panama

May 2012

Offices for the Latin American container shipping company will be located in Panama City from August 2012.

"At present, economic conditions relating to cost, proximity to major markets, ease of travel, exchange rate stability due to using the dollar as legal tender, and synergies with other business units located in Panama, have generate necessary environment that has led us to make the decision to relocate our regional office to Panama," said Robbert Jan van Trooijen, CEO of Maersk Line in Latin America.

Bosch Opens Regional Office in Panama

June 2011

The German company has opened an office in Panama to serve its customers in the isthmus.

Marketing and sales queries by Bosch customers in Central America and the Andean area will be handled from Panama City.

An article in Prensa.com notes: "At these facilities the multinational staff will be responsible for promoting automotive products, renewable energy, packaging, construction and security for the region, said Helmuth Obilcnik, regional president of Bosch Central America, the Caribbean, Venezuela, Colombia, Ecuador and Peru."

Sony Opens Regional Office in Panama

November 2010

Starting January Sony will establish a regional distribution center.

The distribution center will serve electronic parts for the Central and South American markets.

"In addition to distribution of spare parts in Panama-Pacific, these regional offices will market its core products for both regions: Central and South America", reports the article in Prensa.com.

Mars Installs Regional HQ in Panama

December 2009

The chocolate maker responsible for M&M's, Snickers, Mars and Dove will set up its regional office in the country.

From there it will serve Central America and the Caribbean.

"It is the 31st company setting up its office in Panama under Law 41 2007, which fosters the installation of Regional Headquarters of Multinational Companies", reported Prensa.com.

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