Article: Hungarian engineering firm Raba exports to CIS countries to exceed EUR 15 mln in '06.

Hungarian engineering firm Raba exports to CIS countries to exceed EUR 15 mln in '06

BUDAPEST. DECEMBER 20. INTERFAX CENTRAL EUROPE - Hungarian automotive engineering firm Raba's Axle Division entered into several large-scale contracts on the management's Russian "tour," and expects exports to the CIS counties to reach EUR 15 mln in 2006, the company announced on Tuesday.

"The management negotiated mainly with autobus and trolley bus maker firms such as Ruspromavto, Kamaz, and Belkommunmash," the statement reads. "Raba entered into contracts totaling EUR 14 mln, which is to further increase in 2006, thus exceeding EUR 15 mln."

The company's CIS ...

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