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BRIEF-Karsan signs MoU with Morgan Olson for production and marketing of vehicles in North America
October 9, 2017 / 7:07 AM / 9 days ago

BRIEF-Karsan signs MoU with Morgan Olson for production and marketing of vehicles in North America

Oct 9 (Reuters) - KARSAN OTOMOTIV SANAYI VE TICARET AS :

* SAID ON FRIDAY SIGNED MEMORANDUM OF UNDERSTANDING WITH MORGAN OLSON FOR THE PURPOSE OF CARRYING OUT THE COMMERCIALIZATION, FINAL ASSEMBLY, PRODUCTION, SALES AND AFTER-SALES SERVICES OF KARSAN VEHICLES, PARTICULARLY THOSE DESIGNED FOR USPS, IN NORTH AMERICA

* IN THE CASE KARSAN WINS USPS CONTRACT THE PRODUCTION AND AFTER SERVICES OF CARGO VEHICLES TO BE PRODUCED IN THE USA WILL BE CARRIED OUT EXCLUSIVELY BY MORGAN OLSON,

* SECURES 25.0 MILLION EUROS CREDIT FROM AKBANK WITH 2 YEARS MATURITY

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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