Indonesia's United Tractors To Sell Scania Trucks, Buses
Monday, June 14, 2004 15:53:17
Jakarta - Dow Jones -- Indonesian heavy equipment company PT United Tractors (UNTR.JK) said Thursday it has recently signed an agreement with Swedish company Scania AB (SCV-A.SK) to sell Scania's trucks and buses in Indonesia.
United Tractors said in a statement that it expects its sales will get a boost from the partnership with Scania.
Scania manufactures trucks that have a gross vehicle weight above 24 tons, and which can be used on- and off-road. They are especially suitable for use in the mining and forestry industries.
Automotive concern PT Astra International (ASII.JK) has a 49% stake in United Tractors.