10th January 2012
Monday, May 21st, 2012
Chinese investment in Huta Stalowa Wola finalized
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| A bulldozer made by Huta Stalowa Wola Courtesy of Wikimedia Commons |
An agreement between Huta Stalowa Wola (HSW), a Polish state-owned manufacturer of construction machinery, and Chinese company LiuGong Machinery, for the sale of HSW’s civilian construction equipment arm will be signed on Tuesday in Stalowa Wola, Rzeczpospolita reported.
The deal has an estimated value of more than zł.250 million.
The privatization is expected to pave the way for further Chinese investments in Poland.
From Warsaw Business Journal
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