Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / South Korea

Yura Completes Zastava Elektro Buyout

April 2010 | Company News Alert

South Korean Yura Corporation has bought Serbian electric parts maker Zastava Elektro for EUR3mn, local news source Beta has revealed. BMI sees this as a further example of the Serbian government's commitment to a privatisation programme over the medium term agreed with the IMF and plans for EU entry.

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