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July 07, 2003 - Monday |
Ikarbus, DAF sign contract on cooperation
19:28 BELGRADE, July 7 (Tanjug) - The Ikarbus bus and special equipment factory and the Dutch company DAF on Monday signed an agreement on co-production of buses and coaches, which will be completed by the end of the year.
Serbian Premier Zoran Zivkovic, who attended the signing, said that Ikarbus's potential was seven to eight times greater than its present production and stressed that one could not have expect this enterprise to catch up with the western countries' production level in the past two years.
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