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Latin American Construction Group to Invest EUR 50 million in AMITELO AG.

Publication: Business Wire
Publication Date: 23-OCT-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
ZURICH, Switzerland -- Telecommunications provider AMITELO is signing a letter of intent for an investment of e1/450 million with an international investment group in the construction industry. Besides financing large-scale projects currently underway, the co-operation venture will also generate outstanding synergy potential for AMITELO.

AMITELO's recent large orders (in Senegal, France, Colombia, Morocco, etc.) have caught the...

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