Edition:
India

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


Thursday, 9 Nov 2017 

Nov 9(Reuters) - G-Tekt Corp <5970.T>: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. 

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