Brief: GARO Signs Framework Agreement With Global Player In Automotive Industry

Garo AB

19/02/2020 14:19

Feb 19 (Reuters) - Garo AB  GARO.ST :
    * GARO CHOSEN BY GLOBAL PLAYER IN THE AUTOMOTIVE INDUSTRY
FOR ITS
EUROPEAN CHARGING INFRASTRUCTURE
    * FIRST DELIVERIES ARE EXPECTED TO BE MADE IN FIRST
HALF-YEAR 2020
    * HAS SIGNED A FRAMEWORK AGREEMENT WITH A GLOBAL PLAYER IN
AUTOMOTIVE INDUSTRY FOR SUPPLYING CHARGING INFRASTRUCTURE FOR
EUROPEAN MARKET
    * AGREEMENT IS NON-EXCLUSIVE AND HAS NO GUARANTEED VOLUMES
BUT IS
OF GREAT STRATEGIC IMPORTANCE TO GARO AS IT COMPLEMENTS EXISTING
SALES CHANNELS IN EUROPE

Source text for Eikon:  ID:nWkr1tl3XV 
Further company coverage:  GARO.ST 

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