Czech companies sign 19-billion crown deals in Russia

Czech companies signed contracts to the tune of 19 billion crowns in Moscow on Wednesday. The Czech tractor maker Zetor signed a deal with Russian company KEMZ, which should bring it around 14 billion crowns within the next four years.

The contracts were signed at the Czech Russian Business Forum in the presence of Czech president Miloš Zeman.

According to Eva Veličková, the spokeswoman of the Confederation of Industry and Transport, more agreements are expected to be signed at another business forum in Yekaterinburg on Friday.

Author: Ruth Fraňková