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Article: Hungary: Hungarians at ASA put prefab plant up for sale.
- Article from:
- TendersInfo
- Article date:
- July 23, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: pinto03
Hungarian-based ASA group is in talks to sell its operations in both Hungary and Romania, in a deal worth around 100 million euros (USD159.2MLN), according to market sources. The most advanced negotiations are with Finnish group Consolis, the largest prefab manufacturer in Europe, with turnover worth over 1.4 billion euros (USD2.2B), a company that was previously interested in taking over Bucharest-based Somaco, according to the cited sources. ASA holds a concrete prefab plant (used for manufacturing columns, beams, and for building foundations) in Turda and is one of the leading manufacturers of concrete prefab materials on the local market. The ...