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.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation