Mitsubishi Heavy Industries Ltd. said Tuesday it has set up offices in Kiev and Johannesburg for research and marketing as it anticipates growth in energy- and environment-related businesses.
Mitsubishi Heavy, noting that the government agreed in March to buy 30 million tons of greenhouse gas emission rights from Ukraine, said it expects business in transportation machinery and other machines to expand.
The company said it hopes the Johannesburg office will help it to cash in on business opportunities in such areas as nuclear and other power systems, construction and transportation equipment, and industrial machinery such as machine tools.
The company has had close business ties with South Africa and is participating in a program related to small nuclear power plants.