Tatra preparing a long-term contract with Saudia Arabia; looses about 50% on Prague stock market

Tatra announced that it is preparing a long-term contract in Saudi Arabia. To date unspecified longtime partner should first automaker to deliver several dozen cars in the future and is considering to build in this country a new assembly plant. The scope and details of the upcoming program is not yet known, because the contract has not been signed.
Primarily, the contract should cover middle Tatra 810, used by the Czech army.

Leadership among other automakers also reported today that the somewhat lagging behind sales in Europe. Particular attention is therefore paid to cooperation with the automaker automaker DAF cars Phoenix. Keeping automakers still considered promising opportunities for exports to the markets of Southeast Asia, the newly freed space in Australia.

Kopřivnice automaker since 2006 from 51% controlled by four foreign investors led by Ronald Adams. 41% kontoluje Tatra Holdings, 8% still remains among small shareholders. Shares Tatras RMS market during the last year have lost around 50% less than its previous value and range at 85 CZK per piece.

http://news.kurzy.cz/340497-tatra-is-preparing-a-long-term-contract-in-saudi-arabia-adds-dozens-autm-also-considering-assembly/