Normet Group and JCHX Mining Management Co Ltd have established a joint venture to manufacture and sell underground mining equipment in the Chinese market. The joint venture company is established to Daye, Hubei Province in China.
Jin Nuo Mining Equipment Co., Ltd.
in Daye, Hubei Province,China
The joint venture will initially focus on manufacturing and sales of multipurpose mining vehicles and related accessories in the Chinese mining market. This is an important milestone in Normet plans to expand in the growing Chinese mining market. Berhan has been the sole advisor for Normet Group in this project.
Helsinki / Shanghai