Brief: G-Tekt to set up automobile parts firm with G-TEKT Europe Manufacturing

G-Tekt

09/11/2017 08:14

Nov 9(Reuters) - G-Tekt Corp  5970.T  
     
    * Says it plans to set up a JV G-TEKT Slovakia, s.r.o., 
which will 
be mainly engaged in manufacture and sales of  automobile parts, 
with G-TEKT Europe Manufacturing Ltd 
    * Says the JV will be capitalized at 28 million euros and 
the 
company will hold a 80 percent stake in the JV 
    * Says operation will start in June 2019 
 
     
     
    Source text in Japanese:https://goo.gl/Z7cUGv 
    Further company coverage: 5970.T  
 
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