Radar > 239536

Apache to begin marketing machinery in China

Apache comenzará a comercializar maquinaria en China

Intel ID : 239536
Synopsis

Apache, an Argentina-based agricultural machinery manufacturer, will begin marketing its machinery in China through a joint venture with China-based Shandong Changlin Machinery Group, created in 2015, reported El Cronista on 10 August 2016, citing Apache President Carlos Castellani.

Specifically, the joint venture, called Shandong Changlin Apache, is engaged in the manufacturing of sowing machines adapted to the Chinese market. Castellani noted Apache provided its know-how and Shandong Changlin Machinery Group, the necessary capital, estimated at around USD 1m.
(content in spanish)

Apache, fabricante argentina de maquinaria agrícola, comenzará a comercializar sus maquinas en China a través de una joint venture con la empresa china Shandong Changlin Machinery Group, creada en 2015, ha publicado El Cronista el 10 de agosto de 2016, citando al presidente de Apache, Carlos Castellani.

En concreto, la joint venture, denominada Shandong Changlin Apache, está dedicada a la fabricación de sembradoras adaptadas al mercado chino. Castellani ha señalado que Apache ha brindado su know how y Shandong Changlin Machinery Group, el capital necesario, estimado en USD 1m.

Intel ID 239536
Value ND
Native Currency Chinese Yuan Renminbi (CNY)
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Name
verified
Subsector (Old TTR Sectors)
Industry / Other Consumer Goods (Primary)
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Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Industry / Other Consumer Goods (Primary)
Services and Distribution / Distribution and Retail
Primary Sector (TTRSC)
35.07.01 Agricultural Machinery & Equipment
35 Industrials / 35.07 Manufacturing

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verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
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