HOME > The eu approved German auto parts suppliers to set up joint ventures with Chinese companies
The eu approved German auto parts suppliers to set up joint ventures with Chinese companies
HITS£º2383 ¡¡TIME£º2017-1-10 15:40:12
 
Announcement said the European commission 5, its approved Germany Rhine silver metal co., LTD and China''s zhejiang machinery co., LTD., a joint venture.
The joint venture will mainly engaged in research and development, production and sales in China exhaust gas recirculation cooling modules, and provide technical and after-sales service.
The commission believes that because of the subject of the venture business is not in the European economic area, so as not to cause restrict competition concerns, the European commission by simplifying review process approved the deal.
In early December 2016, the German Rhine metal co., through its subsidiary peel''s silver and zhejiang machinery co., LTD. Signed a cooperation agreement, the two sides to jointly set up a joint venture in Shanghai.
Germany Rhine metal co., LTD


 
 
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