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MONDRAGON ASSEMBLY GROUP RAISES 40 MILLION EURO IN JUNE

MONDRAGON ASSEMBLY GROUP RAISES 40 MILLION EURO IN JUNE

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Mondragon Assembly Group consolidates itself as an international benchmark in the automation sector, achieving a new milestone by obtaining orders in the amount of €40 million during the month of June. These new acquisitions confirm the group’s growth trend in recent years, with a new sales record being expected for 2017. Some of these deposits will be supplied in 2018, which should ensure an order portfolio that allows the group to look forward to the future. These funds confirm the commitment made by Mondragon Assembly for the internationalisation and development of complex turnkey projects.

Special machinery

The special machinery business has received orders in the amount of 18 million euro for the automotive and household appliances sectors. These will be manufactured in the Aretxabaleta and Stahringen plants.

Solar Business

Mondragon Assembly Solar continues with its growth, achieving 22 million euro in orders in the month of June. The projects include turnkey lines, as well as automatic machinery, and will be supplied in Algeria, Egypt, and China.

Source:MondragonAssembly
Anand Gupta Editor - EQ Int'l Media Network

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