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Austem to establish JV in Uzbekistan
Austem Co., Ltd. and an Uzbek state-owned company O'zavtosanoat will establish a 50-50 joint-venture called O'zauto-austem in Uzbekistan. The 557 million won venture will produce chassis components, supplying them to GM Uzbekistan, in which O'zavtosanoat owns the majority share. (From a press release on January 18, 2....
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