Sungwoo Hitech increases shareholding in Gestamp Sungwoo Hitech (Chennai) in India  [ India ]

Sungwoo Hitech announced that the company now has a 50.5 percent share in Gestamp Sungwoo Hitech (Chennai) Private Limited (GSH), which produces automotive body components in India. GSH was created jointly with Gestamp of Spain in 2006. Sungwoo Hitech previously owned a 25.2 percent share in the joint venture. (From a press release on April 30, 2014)
<Apr 30, 2014>