综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

   

Wahaha files for arbitration

(Reuters)
Updated: 2007-06-18 09:02

Chinese beverage maker Hangzhou Wahaha Group Co. said Sunday it has filed for arbitration to resolve a dispute over its Wahaha brand with its French joint-venture, partner Groupe Danone SA.

The Hangzhou Arbitration Commission accepted the arbitration application Thursday, Hangzhou Wahaha Group said in a statement.

Wahaha is one of China's best-known brands of bottled water and drinks.

Hangzhou Wahaha Group signed an agreement in 1996 to transfer the Wahaha brand to Hangzhou Wahaha Food Co., a joint venture with Danone, but the agreement failed to get the approval from China's state trademark office, the statement said.

"Therefore, the brand transfer failed and the brand transfer agreement expired. The Wahaha brand still belongs to Hangzhou Wahaha Group," it said.

Danone and its Chinese joint venture partner, multimillionaire Zong Qinghou -- the chairman of Hangzhou Wahaha Group -- have been publicly battling for more than two months.

Danone is accusing Zong of privately producing and selling the Wahaha joint venture products on the side. Zong has been calling the joint venture's exclusivity and non-competition clauses unfair.

Zong founded the Wahaha group in the late 1980s. In mid-1996, along with Danone he began establishing a string of nearly 40 joint ventures, each 51 percent owned by Danone.

But earlier this year, Danone officials accused Zong of undermining their business with a parallel network of facilities making many of the same products.

Zong, who was the chairman of the Wahaha joint ventures, resigned from those posts earlier this month.

Zong's resignation came after Danone filed a lawsuit in the U.S. and an arbitration case in Sweden over alleged breach of a non-competition clause by Zong.

Danone and Wahaha began their joint venture in China in 1996. The beverage operation has become one of China's largest.


(For more biz stories, please visit Industry Updates)



大港区| 松阳县| 博野县| 故城县| 乌拉特前旗| 长岛县| 马尔康县| 连州市| 祁阳县| 郸城县| 香格里拉县| 夏津县| 太和县| 永嘉县| 甘南县| 临泽县| 平阳县| 海晏县| 象山县| 加查县| 北辰区| 大港区| 宁河县| 蒙自县| 元氏县| 乌兰察布市| 来安县| 遂昌县| 新绛县| 静宁县| 夏津县| 孟村| 抚顺县| 岳西县| 桃源县| 西吉县| 田林县| 凤台县| 出国| 长泰县| 肥乡县|