Brief: Hanza Initiates Development Project With German KHS

Hanza AB

06/11/2020 12:09

Nov 6 (Reuters) - Hanza Holding AB  HANZA.ST :
    * HANZA INITIATES DEVELOPMENT PROJECT WITH GERMAN KHS
    * HAS SIGNED AN AGREEMENT WITH GERMAN COMPANY KHS FOR
DEVELOPMENT
OF A MECHATRONICS SYSTEM.
    * HANZA'S SALES VOLUME FOR PRODUCT TO KHS DEPENDS ON MARKET
DEVELOPMENTS, BUT IS EXPECTED TO EXCEED SEK 10 MILLION ANNUALLY.
    * PROJECT STARTS IMMEDIATELY, WITH GOAL OF HAVING NEW
PRODUCT
READY DURING FIRST HALF OF 2021

Source text for Eikon:  ID:nWkrbPMh3N 
Further company coverage:  HANZA.ST 

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