Tractor components for Turkish market - Belgrade-based IMT signs Memorandum of Understanding on cooperation with Tumosan

IMT from Belgrade and Turkey's Tumosan, part of the Albarjak holding, have signed a Memorandum of Understanding in Istanbul to establish a cooperation, the Office of Minister without Portfolio Sulejman Ugljanin said in a release.

According to the MoU, IMT will supply complete transmission systems for tractors to this Turkish company to build them in 5,000 tractors for the market of Turkey over the next three years, the release reads.