Business

GE agrees engine joint venture

By 2012-12-05T11:50:00

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KAZAKHSTAN: On December 4 GE Transportation announced that it had signed an agreement with Transmashdiesel and the JSC Remlokomotive subsidiary of national railway KTZ to create a joint venture to produce diesel engines at a new plant in Astana. Subject to government and regulatory approval, the partners plan to invest ...

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