Cooperation between Kraljevo-based "Trgomen PV" and Chinese company "Foton Lovol" - production of Chinese tractors and combines in Serbia in the pipeline

Company "Trgomen PV" from Kraljevo and company "Foton Lovol" from Chinese town of Shandong, which deals with production of agriculture and building machines, have signed the contract on assembly of tractors and combines in the units of the Kraljevo company.

- This contract is an extension of very successful cooperation that we established with the Chinese partners two years ago. We plan to form a joint venture in Kraljevo and, thus, create conditons for organization of complete production of Chinese tractors and combines in Serbia - says Predrag Mikić, the owner of company "Trgomen AV" from Kraljevo.

In the first phase, total of 1,500 "Foton Lovol" tractors, 120 combines and over 100 small building machines will be assembled in the production units of the Kraljevo-based company every year.

- Serbia is a very interesting market for us, and the cooperation with "Trgomen" will open us the doors of the other countries in the region - Vang Jin Fu, the Director General of company "Foton Lovol", pointed out.

Representative for the Balkans

The contract, which made company "Trgomen PV" the general representative of Chinese company "Foton Lovol" on the territory of the Balkans, was signed in the presence of Vei Jin Gua, the Ambassador of China to Serbia, and Ljubiša Simović, the Mayor of Kraljevo.