Reuters logo
BRIEF-Baywa sets up a joint venture in the United Arab Emirates
March 7, 2017 / 7:40 AM / 6 months ago

BRIEF-Baywa sets up a joint venture in the United Arab Emirates

March 7 (Reuters) - Baywa AG:

* Baywa sets up a joint venture in the United Arab Emirates

* Has entered into several agreements with Al Dahra Agriculture LLC and al Dahra National Investments LLC having their seats in Abu Dhabi, in connection with foundation of a joint venture company in Abu Dhabi

* Joint venture company is meant to build greenhouses in Arab country in order to market premium fruit vegetables such as tomatoes in United Arab Emirates in future

* Baywa will provide a loan amounting to approximately 30 million euros ($31.78 million) for project Source text for Eikon: Further company coverage: ($1 = 0.9439 euros) (Gdynia Newsroom)

Our Standards:The Thomson Reuters Trust Principles.
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