Antonov in talks with Chinese gear maker
Gear systems maker Antonov is in talks with a second Chinese manufacturer on a production deal, the Rotterdam-based company said on Thursday.
Anatov already has a deal with Chinese company Geely to begin production in the first quarter of 2009.
Antonov announced that its 2006 losses of €5.5m were higher than the expected €4.8m reported in March. The firm has failed to make a profit since its Amsterdam IPO in 1997.
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