Company hierarchy of TE-FOOD (Due diligence series)

TE-FOOD was started by TE Ltd., a Vietnamese company established to operate a food traceability system. Erba 96 Ltd., a Hungarian company was the contracted IT development partner of TE Ltd. from the start.

TE Ltd. has contracts with the customers and the manufacturer of security seals. The manufacturer is Uniss Manufacturing, member of Switzerland’s Unisto AG in Asia. See this article

TE Ltd:

Company Name: TE HI-TECH SERVICE AND MACHINERY MANUFACTURING COMPANY LIMITED
Address: SBI Building, 6B, Quang Trung Software City, Tan Chanh Hiep Ward, District 12, Ho Chi Minh City
Post and Admin Address : 121/40 Nguyen Van Huong , Thao dien Ward , District 2 Ho Chi Minh City 
Telephone: (+84–8) 35193120, fax (+84–8) 35193122
Registration Number/Tax Code: 0313633924 Date of issue: 25/1/2016
Account No: 0261006669999 (VND); VIETCOMBANK

Erba 96 Ltd.

Short name: ERBA 96 Kft.
Legal form: limited liability company (Ltd.)
Residence address: 1142 Budapest, Stubnyai utca 4.
Representative: Árokszállási Erik, CEO
EU tax number: HU 12175590
Company registration number: 01–09–561901
Date of establishment: 1996.12.16.
2016 year net revenue in EUR: 354 377 EUR

Independent company information site data:
http://ceginformacio.creditreform.hu/cr9310279845_EN

How we change the structure for international expansion

Still in 2017, all rights of the system, brand, code, and manufacturing will be transfered to a new company, TE-FOOD International GmbH in Switzerland (Update: Gibraltar/Germany).

TE-FOOD International will operate through local offices (daughter companies) and local partners (distributors), whichever solution is the most optimal for the implementation of the TE-FOOD system.

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