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BRIEF- G-Tekt to set up automobile parts firm with G-TEKT Europe Manufacturing
November 9, 2017 / 8:17 AM / a month ago

BRIEF- G-Tekt to set up automobile parts firm with G-TEKT Europe Manufacturing

Nov 9(Reuters) - G-Tekt Corp

* Says it plans to set up a JV G-TEKT Slovakia, s.r.o., which will be mainly engaged in manufacture and sales of automobile parts, with G-TEKT Europe Manufacturing Ltd

* Says the JV will be capitalized at 28 million euros and the company will hold a 80 percent stake in the JV

* Says operation will start in June 2019

Source text in Japanese:goo.gl/Z7cUGv

Further company coverage: (Beijing Headline News)

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