MAR 07, 2007
Swiss marine equipment producer Premech to invest $15 million
On March 5, at 11:00 a.m., the BJFEZ Authority and Busan Metropolitan City signed an investment MOU amounting to atotal of15 million USD.
PreMech, originally from Bannwil, Switzerland,was established in 1982 and produces various marine equipments such as fuel pumps for ships, high pressure fuel pipes, nozzles, etc.
PreMech will enter the Korean market via a joint venture establishment with S&W Korea...