English
Chinese-based Zhengzhou Top Rolling Technology Co. announced on Friday that it is in talks with steel pipe maker Intfor Galaţi, in order to expand their cooperation in steel production projects, according to Xinhua.
"No contract has been signed. We are doing our best to get the opportunity of cooperation on the future steel projects from Romania INTFOR", said Zhao Linzhen, general manager of Zhengzhou Top, as quoted by Agerpres.
Zhao said media reports in July saying the company had reached the export deal with INTFOR on retrofitting an old steel-rolling production line and providing complete equipment for a new steel-rolling production line to the Romania metallurgical manufacturer were not correct. Zhengzhou Top was still in talk with INTFOR to get involved in the projects. He added that the Chinese company is still discussing with Intfor in order to be involved in the projects of the Romanian company.
Intfor Galaţi, controlled by businessman Andrei Lisinschi through the Profiland group, is expecting a net profit of 9.4 million lei and revenues of 215.71 million lei, according to revenues and expenses budget approved in the general shareholders assembly.
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