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joint venture

Partnership Agreement between DANOBATGROUP and China CNR Corporation Limited

 

Acuerdo de colaboración entre DANOBATGROUP y China CNR Corporation Limited

Joint venture signature Ceremony

DANOBATGROUP has signed a JV (joint venture) contract with the Chinese railway equipment manufacturer ,Beijing Feb. 7th Trasportation Railway Equipment Co. Ltd., owned by CNR Corporation Ltd., to manufacture equipment for the maintenance of the Chinese railroad rail treads.

Through this Joint Venture, DANOBATGROUP aims to increase sales of railway equipment in China, by supplying the equipment that the Chinese Ministry of Railway plans to acquire in the coming years to maintain the new subway lines, suburban trains and high speed trains that are currently constructing all along China . The new joint venture will begin manufacturing under-floor wheel lathes to install in the maintenance shops of the Chinese Ministry of Railways (MoR). Read more