Article: Kocks Krane to spend 3.85m on trade with Israel.

Byline: Hadas Manor

Apr. 5--German port equipment manufacturer Kocks Krane International has undertaken to make reciprocal procurements in Israel worth 3.85 million during the next three years, announced the Ministry of Industry, Trade and Labor industrial cooperation authority on Monday. The undertaking was made following the acquisition by Ashdod Port Company Ltd. of two dock cranes from Kocks Krane for 13.7 million.

Industrial cooperation authority director general Bina Bar On said, "The inclusion of a clause committing to reciprocal procurement as precondition for the approval of contracts for foreign companies selling goods and services to ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!