22:42, 15 September 2008 Page views 427 views

Sitronics and Chinese Corporation ZTE Form a Joint Venture

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Sitronics has announced creation of a joint venture Sitronics-ZTE Ltd. with ZTE Corporation (China). The authorized capital of the new joint venture is 1 million US dollars. Thus, Sitronics will have the control package of shares (51 %) of the enterprise.

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