Martin Bencher has upgraded its Shanghai Representative office to Branch office

The MARTIN BENCHER GROUP, a professional shipping and forwarding service provider, today announced it has changed its Shanghai Representative office to Branch office or WOFE (Wholly Owned Foreign Enterprise), which will be called MARTIN BENCHER INTERNATIONAL TRANSPORT (SHANGHAI) LTD.

With the new company set-up Martin Bencher International Transport (Shanghai) Ltd. is now able to invoice customers in CHINA in local currency RENMINBI (RMB).

„..An increasing number of our regular customers have requested that we must receive payment in RMB in China and we can now meet their requirements,„ said Peter Thorsoe Jensen, CEO of MARTIN BECHER GROUP „With this strategic change we can also offer our services to Chinese companies who are unable to pay outside China – and most importantly, this is a further step forward for our DOMESTIC TRANSPORT services in China, our fastest growing business area.“

(Source: Transport Weekly)