Sany Walks Big Steps in the Overseas Market, Winning Big Orders
Date:2015-01-08 Source:www.chinaspv.com
www.chinaspv.com: Upon the announcement of Sany in Dec.2014, Sany Auto Manufacturing Company, the wholly subsidiary company of Sany Group signed the contract with Venezuela Foreign Trade Corporation for engineering machinery, vehicles and spare parts. The contract amount is related to 178.75 million USD, engineering vehicles, excavating machinery, and crane machinery as well as the relevant components. Sany has received the advance charge (50% of the amount).
Not only in Venezuela, Sany Group makes the outstanding performance in Latin America market , even the whole overseas market, good popularity for grab excavators, cranes and concrete machinery, quite competitive among the counterparts. In 2014, this builder strengthened the investment in this segment market, in July, it signed the agreement with St.Paulo Investment Bureau in Brazil for the construction of a new plant, around 300 million USD invested, with the witness of officials of both countries.
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