PRESS NEWS
2011.07.04
Rába: Further significant agreement on the European commercial vehicle market
Rába Axle Ltd. has signed an agreement valid for 3 years, according to which the company delivers axle components to one of the world’s leading automotive company to the value of nearly 25 million Euros. Thanks to the contract concluded with the major truck maker Rába can strengthen its position on the European market in accordance with its strategic goal. As a result of this new cooperation, altogether 100,000 new trucks will roll off the assembly lines annually in Europe on products made by Rába.

With the long-term contract to deliver axle parts Rába gained a direct supplier status of a prominent truck producer. So the company made a further step to reach its goal: direct, strategic partnership with the industry leaders.

„The fact that we have earned the trust of the premium commercial vehicle producer indicates the rightness of our strategy and effectiveness of its implementation. It proves that our competitive solutions can meet even the highest requirements of the customers.”- concluded Mr. István Pintér, Chairman-CEO of Rába Plc.

The products of Rába will be built in premium category trucks. On the basis of the favorable market trends and the increasing customer demand, the supplier contract targets a sales volume that is considerably higher than in the previous years.