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Euromerica Trade Philippines, Inc.
Wholesale/Distributor
<50 Employees
0Jobs1Boss
Product-DrivenDiverse TeamFlat OrganisationRegular Hours
About
Culture and life
About Company
Euromerica Trade Philippines, Inc. was registered with the Securities and Exchange Commission on October 4, 1989. Its incorporators led by incumbent Chairman and President, Mr. Salvador P. Malbarosa, originally intended that the Company only become a dealer of industrial consumables whenever such an opportunity would present itself, considering its limited capitalization. Upon its registration, the Company’s authorized capitalization was only P4,000,000.00, with paid up capital of P355,000.00. At that time, Mr. Malbarosa was preparing to immigrate to the U.S.A. and was in process of retiring from S.E.A. Development Corporation, where he was President of several operating companies. In February 1990, when Eutectic Corporation abruptly decided to remove the distributorship of the EUTECTIC + CASTOLIN line of protective maintenance and repair welding products and processes from Philtectic Corporation, it was offered to Euromerica on a trial and conditional basis. Upon its successful compliance of the basic requirements and expectations of Eutectic, Euromerica was formally appointed as sole and exclusive distributor for the Philippines on April 9, 1990. The Company started its operation on March 1, 1990, with a core group of a dozen people, whose combined experiences in the field of repair and maintenance welding was in the range of 60 years. It wrote its first invoice on March 19, 1990. From that time on, the Company celebrated its anniversary on March 19 of every year.
Company overview
Company size<50 Employees
IndustryWholesale/Distributor
Financing stageNo financing required
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