The UMAR|WSR Group of companies is to expand its operations into Singapore, the Middle East and Russia following the signing of cooperation agreements with two of its main principals, Lagersmit of The Netherlands and the Detyens Shipyard in Charleston, US.
Under the agreement, UMAR|WSR will represent the interests of Lagersmit in Dubai, Oman and Qatar while it will look after the interests of Detyens in Singapore, the UAE and Russia. It already acts for both companies in Cyprus and Greece.
Welcoming the development, Thrasos Tsangarides, Group CEO, said the news was proof that UMAR|WSR’s way of serving the market was working. “It is an important day for us today and we are very excited about representing the interests of these two companies in these new markets.