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18.12.04

PRODUCTION - CHINA's GREENCOOL jumps on to Europe buses

Greencool buys European auto parts plants
Financial Times - London,England,UK - 27 Nov 2004 -- ... But a Greencool executive said the company was also considering setting up a plant in Britain or eastern Europe in the next year or two to sell buses in Europe ...

Beijing, CHINA - Beijing Time - 2004-11-26 -- China's Greencool Enterprise Development Company Limited has acquired an auto parts manufacturing plant in France and an auto designer in UK.
The purchase of 100 percent of the two plants makes Greencool one of the world's largest auto parts suppliers and one of the world's top car designers. The Chinese company also gains permanent use rights for 11 patents in auto tube pieces.

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