ISGEC Heavy Engineering has signed four technical cooperation agreements with Austria's Neuson Hydrotec GmbH for manufacture and supply of various items.
“The company has signed four technical cooperation agreements with Neuson Hydrotec GmbH, GaisbergerstraBe 52, Austria for manufacture, sale and supply of items, jointly for India,” ISGEC said in a filing to BSE. Nosing press plant, forging plant, forging complex press, and straightening press are the items under the agreement for manufacture, sale and supply, it said.
The technical cooperation agreement in respect of nosing press plant came into effect on March 16, it said. The remaining agreements will come into effect once they are approved by the Board of Directors in the next meeting.