Breakthrough for Scania on the Chinese Market - Sales of 50 Tractor Units to Leading Gas Supplier.STOCKHOLM, Sweden -- Scania (STO:SCVA SCVA Southern California Volleyball Association SCVA Southern California Vocal Association SCVA Salem Convention and Visitors Association (Salem, Oregon) SCVA Sainsbury Centre for the Visual Arts (UK) )(STO:SCVB SCVB Spin-Coupled Valence Bond SCVB Sarasota Convention and Visitors Bureau ) will supply the XinAo Group with 50 tractor units for the company's gas transportation around 18 cities in China China is a geographical area encompassing multiple territories, under two states. You may be looking for:
"Scania's sales in China are focused on operators who require vehicles with low operating cost and high uptime. XinAo Group represents this customer category," says Mats Harborn, responsible for Scania in China. XinAo Group, which is a private company listed on the Hong Kong Stock Exchange The Hong Kong Stock Exchange (Traditional Chinese: 香港交易所, also 港交所; abbreviated as HKEX; HKSE: 0388 ) is the stock exchange of Hong Kong. since 2001, operates within urban gas, energy equipment, bio-chemical and real estate. Today, the company delivers urban gas to more than 50 cities, such as Changsha, Shijiazhuang and Dongguan, covering a population of approximately 30 million people. The company has for three consecutive years been awarded one of the "Best Small Companies in the World" by Forbes. Scania was chosen as supplier to XinAo Group due to the outstanding fuel economy of its trucks and the service commitment made by Scania in China. "Our strategy is to provide customers with the most professional sales and service organisation in the industry, and therefore we focus on recruiting and training of competent personnel. Scania's objective is to be a long term partner for the most demanding customers," says Mats Harborn. The trucks ordered by XinAo group are Scania P-series, three-axle tractor units powered by an 11-litre 380 hp engine. The trucks will be used for transport of gas (LNG LNG (liquefied natural gas): see under natural gas. ) from Xinjiang to eastern China and are expected to clock very high annual mileages. Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. A growing proportion of the company's operations consists of products and services in the financial and service sectors, assuring Scania customers of cost-effective transport solutions and maximum uptime. Employing 30,000 people, Scania operates in about 100 countries. Research and development activities are concentrated in Sweden, while production plants are located in Europe and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , with facilities for the global exchange of both components and finished vehicles. In 2005, revenue totalled SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 63.3 billion and net income amounted to SEK 4.7 billion. Scania's press releases are available on the Internet at www.scania.com. This information was brought to you by Waymaker http://www.waymaker.net |
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