Advanex Inc. announced that it decided to establish a subsidiary in Czech republic. Advanex Czechia s.r.o. at Prague, Czech republic. It is a manufacture and sales of precision springs business with CZK 20,000,000 capital. A 100% ownership of Advanex Europe Ltd., a subsidiary of Advanex Inc. Date of establishment on December, 2016 and start of operation on December, 2017. It outlined land of 17,000 m2 and 8,000 m2 building. The first building will start for 4,000 m2. It plan to expand to 8,000 m2 in the future.