Parador (Shanghai) Flooring Trading Company, China Joint Venture of Parador GmbH, Germany (Step down Subsidiary of HIL International GmbH, Germany) has opened its first showroom in Shanghai with its state of art the digitally led distribution system for Premium Wooden Products of Parador and has also participated and displayed Parador products range in ‘Dornotex’, one of the largest wooden flooring exhibition. HIL International GmbH is the subsidiary of HIL.
This will help the Parador to expand its business aggressively in China. Parador has a robust product portfolio that is well established in its home market and is showing good growth potential as the company expand to newer geographies like China.
HIL is a leading player in asbestos cement sheet (ACS) for roofing, from which it derives 70 per cent of its revenue at present.
