June 12 (Reuters) - GEFRAN SPA GFRN.MI :
* SIGNS CONTRACT FOR SUPPLYING INVERTERS WITH A LEADING
INTERNATIONAL MANUFACTURER OF ELEVATORS
* AGREEMENT FORESEES PRODUCTION OF INVERTERS FOR AMERICAN
MARKET AND WILL HAVE A DURATION OF 3 YEARS, FOR A TOTAL VALUE OF
APPROXIMATELY 23 MILLION EUROS
* INVERTERS DESTINED FOR THIS SUPPLY WILL BE PRODUCED
ENTIRELY IN ITALY, IN GEFRAN SITE OF GERENZANO (VARESE); FIRST
DELIVERIES ARE PLANNED IN 2018
Source text: http://reut.rs/2s1A3Uo
Further company coverage: GFRN.MI
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))