Mumbai: German-Engineering Services provider P3 Ingenieurgesellschaft today announced a partnership with Voith Engineering Services, a division of Voith GmbH to jointly offer engineering expertise to the aerospace industry out of Bangalore. P3 and Voith will hold 50 per cent shares each in the joint venture called P3 Voith Aerospace GmbH, which will be headquartered in Hamburg in Germany, an official statement said. "We are pooling our strengths to combine the technical expertise of Voith, with P3's project management abilities," P3 founder Dr Christoph Theis said. With this agreement, P3 Voith Aerospace GmbH will become one of the largest German engineering service providers in the aerospace business with a planned total turnover of over Euro 100 million and a payroll of 900 employees.
06/03/12 PTI/IBN Live
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment