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Rába announces new Russian orders worth combined 4 million euros 2006 (Budapest Business Journal)

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Posted by: RMP News Desk

Rába Futómű , a unit of Hungarian vehicle and vehicle parts maker Rába group , has signed new agreements with two Russian partners that will generate a combined 4 million euros of revenue from the company in 2006, Rába announced on the website of the Budapest Stock Exchange on Thursday.

http://us.rd.yahoo.com/dailynews/rs...euros+2006.html




Posted by: Jutman

Well, news for Russia or Hungary. bad or good?

I would say its both. Its bad they have to import to secure a certain quality, the good news they manufacture is aware of parts to need improvement and use the open economy to fix it.



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