ZAGREB/MOSCOW, Dec 5 (Hina) - Zagreb's Koncar Elektroindustrija d.d. and Moscow's OAO Elektrozavod signed an agreement on business cooperation at the Croatian Embassy in Moscow on Tuesday. The two companies' management boards agreed
to transfer Koncar's technology for the production of distribution and measurement transformers and medium voltage switches to Elektrozavod, aiming to produce for the Russian market. The turnover in the first year should amount to DM5 million. The agreement was signed by Koncar Elektroindustrija management board chairman Darinko Bago and Elektrozavod management board chairman Leonid Makarevic. Also present at the signing of the agreement was Croatian Economy Minister Goranko Fizulic.(hina) it
ZAGREB/MOSCOW, Dec 5 (Hina) - Zagreb's Koncar Elektroindustrija
d.d. and Moscow's OAO Elektrozavod signed an agreement on business
cooperation at the Croatian Embassy in Moscow on Tuesday.
The two companies' management boards agreed to transfer Koncar's
technology for the production of distribution and measurement
transformers and medium voltage switches to Elektrozavod, aiming
to produce for the Russian market. The turnover in the first year
should amount to DM5 million.
The agreement was signed by Koncar Elektroindustrija management
board chairman Darinko Bago and Elektrozavod management board
chairman Leonid Makarevic. Also present at the signing of the
agreement was Croatian Economy Minister Goranko Fizulic.
(hina) it