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Europe Daily Bulletin No. 7943

11 April 2001
Contents Publication in full By article 40 / 61
GENERAL NEWS / (eu) equipment

The American manufacturer of agricultural and construction equipment CNH GLOBAL (Italian FIAT group) will form a joint venture with the Chinese SHANGHAI TRACTOR in order to jointly produce agricultural tractors. The new company, named SHANGHAI NEW HOLLAND AGRICULTURAL MACHINERY will be 60% held by CNH GLOBAL and will employ 1,550 people. It should annually produce around 18,000 tractors and 16,000 engines.

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THE DAY IN POLITICS
GENERAL NEWS
SUPPLEMENT