News and releases / Stock exchange

 

30 June 2000 at 10.00 a.m. - STOCK EXCHANGE NOTICE

FINVEST OYJ

EVOX RIFA HAS ENTERED INTO ITS FIRST AGREEMENT ON COOPERATION WITH A CHINESE MANUFACTURER

Evox Rifa, a Finvest Group company, has entered into a cooperation agreement with a Chinese capacitor manufacturer, Jianghai. This agreement is the first of its kind into which Evox Rifa has entered with a Chinese company and thus a start-up for the cooperation in China.

In accordance with the agreement Jianghai manufactures electrolytic capacitors as a subcontractor in cooperation with Evox Rifa’s product design. The electrolytic capacitors to be manufactured in China will compelement Evox Rifa’s current product range. In Europe Evox Rifa has the exclusive selling right of this type of capacitors manufactured by Jianghai.

During the first year the target value of the agreement is over FIM 10 million. In the future the intention is that Jianghai will manufacture also other capacitor models than what was included in
agreement.

Jianghai is a manufacturer specialiced in electrolytic capacitors. Evox Rifa is a Finvest Group company which designs, manufactures and markets plastic film, paper and electrolytic capacitors.

FINVEST OYJ

Jerker Molander
Ari Haanpää

CEO Accounting Manager

Further information:


Harri Launonen
President, Evox Rifa
Tel. +358 9 5406 5001


Distribution:
HEX Helsinki Exchanges
Major media

 



 

© 2003 Evox Rifa