- Signing Joint Venture is first step into Arabian market for VAE
- Developing emerging market for infrastructure together with local partner
- High quality production of turnouts to start middle of 2011
A Joint Venture Agreement has been signed in Riyadh City between Austrian based VAE, the worldwide market leader in turnout systems on one hand and Sarab Al Modon Saudi Arabia, a member of Al Mobty group of companies, working in the field of railway materials on the other hand.
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