The BredaMenarinibus agreement is a significant step towards the rationalization of the Group's portfolio

The BredaMenarinibus agreement is a significant step towards the rationalization of the Group's portfolio

"Finmeccanica expresses its satisfaction for the agreement with King Long Italia on BredaMenarinibus, signed today at the Ministry for Economic Development". This was the comment by Mauro Moretti, Chief Executive Officer and General Manager of Finmeccanica. "The transaction, he added, is a significant step towards the rationalization of the Group's portfolio thanks to which Finmeccanica can focus more on its core business. Through this transaction Finmeccanica contributes to the project aiming at the creation of an Italian industrial pole in the bus sector to be achieved by concentrating the largest national players in the sector. I am sure, Moretti said, that thanks to the products and skills that Finmeccanica can provide, the new company, Industria Italiana Autobus, will be well positioned to compete efficiently on both domestic and international markets".

Rome 20/11/2014 20:31