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Joint Venture ContiTech Air Spring Systems And Dae Won Kang

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ContiTech Air Spring Systems, a business unit of Continental AG’s ContiTech group, announced a “Letter of Intent” for founding a joint venture company with South Korean company Dae Won Kang to build up a plant for producing complete air spring systems. Dae Won Kang’s market share in this field in Korea is nearly 100 per cent..

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