China National Coal unit signs jv deal with Poland's Zabrzanskie

A subsidiary of China National Coal Group has signed an agreement to set up a joint venture with Zabrzanskie Mechanical Works, a Polish company, to tap into the coal shearer manufacturing business, the China Daily said quoting company officials.

China National Coal Mining Engineering Equipment Group Corp's (CME) vice-president Dai Qiuliang said investment details still had to be finalized.

CME also signed two co-operative deals with the UK's David Brown Engineering Ltd and Parsons Chain Co yesterday.

(Source: AFX/Forbes)