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Czech News in English » Business » ZKL plans to raise revenues in South America

ZKL plans to raise revenues in South America

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Engineering group ZKL, which is manufacturing bearings, plans to further raise its sales in South America. The company is e.g. delivering components for car assembly plants in Paraguay in cooperation with local firm Automovil Supply. This deal accounts for ca. two thirds of the firm’s total turnover. The rest is formed by deliveries of bearings and V-belts. ZKL exports the majority of its goods to ca. 80 countries of the world. On many markets, the company enters into agreements with exclusive clients, who are the distributing the bearings from the Czech Republic in their respective regions.

Source: www.cianews.cz

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