Hungary's Raba signs 4 mln euro Russian axle deals

Newswire

BUDAPEST, June 22 (Reuters) - Hungarian truck and car parts maker Raba said on Thursday it had signed two deals worth a combined four million euros in 2006 to deliver axle units to Russian firms. It said the two eastern European deals will help increase revenues from the Commonwealth of Independent States region to 20 million euros in 2006 from 11 million euros in 2005. The firm said it signed a deal worth just over 3 million euros with KAMAZ and a deal worth around 1 million euros with ...

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