Brief: Gaussin's Deal With Nexport To Create 80 Jobs In New South Wales

Gaussin SA

25/11/2021 17:11

Nov 25 (Reuters) - GAUSSIN SA  ALGAU.PA :
    * CO AND NEXPORT SIGN DEAL
    * ACCORDING TO THE TERMS OF THE PARTNERSHIP, NEXPORT WILL
PAY
GAUSSIN € 10 MILLION FOR THE LICENSE FEES
    * CREATES 80 JOBS IN NEW SOUTH WALES AND UNDERLINES NEXPORT
AND
GAUSSIN'S COMMITMENT TO SUPPORTING AUSTRALIA'S JOURNEY TO ZERO
EMISSIONS
    * EXCLUSIVE PRODUCTION AND LICENSING AGREEMENT IN THE
PRESENCE OF
REPRESENTATIVES OF THE AUSTRALIAN EMBASSY IN PARIS FOR THE
SUPPLY OF ZERO-EMISSION VEHICLES AND SYSTEMS IN AUSTRALIA AND
NEW ZEALAND
    * THE JOINT VENTURE AND LICENCE AGREEMENT HAS A DURATION OF
20
YEARS
    * JOINT VENTURE UNDER AUSTRALIAN JURISDICTION - CALLED
GAUSSIN &
NEXPORT -, 51% OWNED BY NEXPORT AND 49% OWNED BY GAUSSIN

Source text for Eikon:  ID:nACT72113 
Further company coverage:  ALGAU.PA 

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