Reuters logo
BRIEF-Yazicilar Holding unit signs partnership agreement with Argo Tractors for tractor production
September 21, 2017 / 7:08 AM / in a month

BRIEF-Yazicilar Holding unit signs partnership agreement with Argo Tractors for tractor production

Sept 21 (Reuters) - YAZICILAR HOLDING:

* SAID ON WEDNESDAY ITS UNIT ANADOLU MOTOR ÜRETIM VE PAZARLAMA SIGNED PARTNERSHIP AGREEMENT WITH ITALIA-BASED ARGO TRACTORS TO INVEST FOR PRODUCTION OF LINDA BRAND TRACTORS

* JOINT VENTURE COMPANY (50%-50%) TO BE ESTABLISHED BETWEEN ANADOLU MOTOR AND ARGO TRACTORS WITH 14 MILLION INITIAL SHARE CAPITAL

* TARGETS TRACTOR PRODUCTION TO START IN 2018, PRODUCTION OF MINIMUM MORE THAN 1,000 UNITS

* TARGETS ANNUAL PRODUCTION OF 6,000 AFTER 5 YEARS

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below