Following the opening of its first subsidiary in Japan, AlgaEnergy continues with its internationalization plan with the recent opening of subsidiaries in the United States and India. AlgaEnergy N.A., INC. has been established in the U.S. to direct operations in North America. MicroAlgae Solutions India Pvt. Ltd. will operate in India and Southeast Asia.
"We are pleased to announce the opening of our subsidiaries in North America and India, which is the first phase of our international development," says Ry Wagner, President of International Agribusiness of AlgaEnergy. "AlgaEnergy has incorporated international professionals to its team who will work to expand the business globally and become microalgae leaders, the best of its class, in key regions of the world. We will work to establish strong partnerships in these markets and we'll do excellent performance and progress to achieve our global trade objectives for 2019 and beyond, "adds Wagner.
With the support of the experienced and qualified team of AlgaEnergy in Spain, the company will open new subsidiaries in other countries in the near future and continue to incorporate highly experienced professionals to support their internationalization plan, called "Project Victoria".
AlgaEnergy is a technology-based company that aims to develop, produce and market novel products derived from microalgae with different applications as hatchery nutrition.