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Tuesday, February 22, 2005
Two major Indian carmakers are eyeing the Romanian tractor company Tractorul SA Brasov, which is up for privatization.
Utility vehicle and farm equipment maker Mahindra & Mahindra has expressed interest in the company, according to the Economic Times.
A high profile Romanian delegation is scheduled to visit India next week to meet potential investors interested in the privatization process. The delegation which includes the governor and mayor of Brasov - where the Tractorul plant is based - will be in India to meet the M&M officials.
The 80-year-old Romanian company has also attracted interest from Samko Holding of Turkey.
Posted by Iulia Rasoiu : 2/22/2005 09:19:00 am
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