German company will invest $12 million in Nicaragua
Dräxlmier confirmed on Friday that it is interested in investing in a car factory that would provide employment for a 1000 Nicaraguans.
Friday, October 10, 2008
Businessmen, Hans Romper, executive vice president of the German company, Franz Haslinger, manager of electric operations, Chistoph Kriegl, company lawyer and Uldrich Eichler and Stefan Bude, president and vice president of North American operations, delivered their letter of intent to start operations in Nicaragua to the vice president of Nicaragua, Jaime Morales Carazo,
The German autoparts company expects to start operations by year's end in a free trade zone.
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