Battery maker TAB sets up subsidiary in Benelux

Mežica, 11 April - TAB, the Mežica-based maker of starter batteries, has acquired a 51% stake in the Dutch battery wholesaler R&W Batterijen to establish its new subsidiary TAB Benelux. The move is aimed at consolidating TAB's position in the Benelux region and Europe as whole, the Slovenian company said on Tuesday.