SMT Scharf AG (German Securities Code (WKN) 575198, ISIN DE0005751986), technology and global market leader for railbound railway systems for the mining sector, has received two new orders from China, including the first order via its Chinese joint venture. The orders have a total value for SMT Scharf of around € 3 million.
In January this year, SMT Scharf received its license from the Chinese authorities to form the joint venture Shandong Xinsha Monorail Co. Ltd. This company, which is located in Shandong province, started operations in June 2010. The joint venture received its initial order from a Chinese industrial
In January this year, SMT Scharf received its license from the Chinese authorities to form the joint venture Shandong Xinsha Monorail Co. Ltd. This company, which is located in Shandong province, started operations in June 2010. The joint venture received its initial order from a Chinese industrial
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