The ContiTech Conveyor Belt Group steps up its stake in Eastern Europe
08-Apr-2009
- Serbia
ContiTech intends to invest in production at the location to meet the demand for conveyor belts. “This plant gives us an excellent base in a region rich in lignite coal. Following the purchase of Matador in Slovakia, the merger with Kolubara provides us the wherewithal to be successful in Eastern Europe,” says Hans-Jürgen Duensing, head of the ContiTech Conveyor Belt Group business unit.
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