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“Yes, we are European and yes we have a very strong European heritage and a very strong European team in place,� says Vaartjes. “However, if I take Europe as a total part of the business, it’s important but we’re also selling in Asia, in America. The Philips brand in Brazil is not a 'European' manufacturer. So we are not using the fact that we are European. We are a global brand and we want to be perceived as a global brand.�
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