17.11.2006
MAN and Scania: the fight goes on
German truck manufacturer MAN AG, third major truck producer in Europe, yesterday made an official proposal to purchase Swedish truck producer Scania, representatives of the German company reported.
17.11.2006
Carlyle has reached a compromise with China
US private equity group Carlyle has passed an important step in its controversial effort to acquire a stake in Chinese construction equipment company Xugong Construction Machinery after a key government agency gave its approval to the deal.
15.11.2006
GAZ triumphed in Cuba
Russia`s GAZ Group took part in 24th Havana international fair, which is one of the three largest shows of this type in Latin America. For the first time, all GAZ Group products were represented in Cuba on one stand which become the largest in Russian pavilion.
13.11.2006
Volvo enters Saraevo
The Swedish truck manufacturer Volvo Truck Corporation has through its subsidiary Volvo d.o.o. Sarajevo opened a Volvo Truck Center in Blazuj-Sarajevo. Volvo Trucks is now in the position of being an optimal business partner for transport companies in Bosnia and Herzegovina.
13.11.2006
Russia held a machinery show in Beijing
November 10, a Russian National Exposition was held in Beijing as a part of Year of Russia in China. The aim of the exhibition was development of trade and financial relationship between Russia and China.
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