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Back ОАО « Horizont» and China’s holding company Midea Group will discuss the conditions of joint venture’ s foundation in coproduction of domestic electric aplliances25 October 2007
The delegation will get acquainted with the manufacture,discuss their perspectives and conditions of collaboration.It is planned that foreign guests will visit large industrial enterprises of our republic.At the first stage,at the beginning of 2008,the joint enterprise will be producing microvave ovens.The capacity of the factory will reach more than 1 million product units in a year.This project costs estimated $250million.The second stage will be coproduction of wide spectrum of home appliances including vacuum cleaners,conditioners and different kitchen appliances. China’ s Media Group is one of the largest and famous chinese manufacturers of domestic electric appliances.Last year output was $8 billions.By 2010 the company is expected to increase an output to $12billions. BelTA |