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China Daily Website

China's Tri-Ring makes Polish acquisition

Updated: 2013-05-20 17:02
( China Daily)

Chinese manufacturer of special-purpose vehicles Tri-Ring Group may buy Polish bearings maker FLT Krasnik for some 300 million zlotys ($95 million) in the largest investment yet by a Chinese firm in Poland, Reuters news agency reported recently. Officials of Krasnik and its majority owner ARP, the state industry development agency, visited Tri-Ring last month to discuss a possible purchase, the report said.

 
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