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26 August 2005

UniControls Signed Memorandum of Understanding with Indian Company BHEL

UniControls has signed a Memorandum of Understanding with important Indian company BHEL (Bharat Heavy Electricals Limited). The memorandum covers several projects in the field of rail transportation in India. The activity of a daughter company, UniControls Electronics Czech Pvt. Ltd, in Bangalore contributed in important ways to the signing of the Memorandum. An enhanced level of pro-export activity of UniControls this year should bring substantial increase in export share in the total turnover of UniControls in the following years.

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