Polish Tractor Firm in Iran Deal

By John Lee.

Polish tractor producer Ursus signed a memorandum of understanding with the Tabriz-based Iran Tractor Manufacturing Company (ITMCo).

Under the deal, the companies will cooperate in the use of components to produce tractors in the 47-150 hp power range, dedicated to the markets where both companies currently operate.

They will also start a dialogue regarding the technological foundation for building a “competitive advantage the through joint launch of new innovative projects“.

(Source: URSUS)

No comments yet.

Leave a Reply