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June 16, 2010

China CNR to Form JV with Poland PKP Cargo

China CNR will form a joint venture with Poland PKP Cargo in Warsaw, the Polish capital. The 50:50 partnership joint venture company will be involved in pre-manufacture work for Poland's train makers, according to chinaknowledge.com. Tentatively named CNR-CARGO, the company i

By cms admin

China CNR will form a joint venture with Poland PKP Cargo in Warsaw, the Polish capital.

The 50:50 partnership joint venture company will be involved in pre-manufacture work for Poland’s train makers, according to chinaknowledge.com.

Tentatively named CNR-CARGO, the company is expected to have a registered capital of CNY2.06m ($301,024).

CNR also hopes to provide freight trains to the rest of Europe.

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