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Raba Signs New Contract with Scania

HungaryPosted by Chambers of Commerce Sweden - Southeast Europe Thu, March 31, 2011 19:53:32

Hungarian vehicle and part maker Raba has made announcements which have raised company share prices significantly. First, the company has signed a new contract with Scania. Raba has been a supplier to the Swedish truck maker of running gears since 2007 and the partnership will now be expanded. Raba has also invested HUF 96 million into the development of new defense applications for armored troop transporter vehicles - the company is a major supplier to the Hungarian army. The new H14 army truck will be bullet- shell- and mine-proof, and will surpass NATO standards. (ITD Hungary).

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