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They have drawn in a manager with experience in crisis management. The high financial loss of last year is due to a collapse of the Russian markets. MTZ is a Motorpal customer, and also the worlds largest tractor manufacturer.
This new guy tells that emission legislation is coming in emerging markets such as India and China, markets in which Motorpal is already an established name, where experience with legislation will give Motorpal an advantage over local manufacturers.
Last years attempts by the management, to cut losses by cutting workers salaries, was cancelled due to the threat of strikes.
They have drawn in a manager with experience in crisis management. The high financial loss of last year is due to a collapse of the Russian markets. MTZ is a Motorpal customer, and also the worlds largest tractor manufacturer.
This new guy tells that emission legislation is coming in emerging markets such as India and China, markets in which Motorpal is already an established name, where experience with legislation will give Motorpal an advantage over local manufacturers.
Last years attempts by the management, to cut losses by cutting workers salaries, was cancelled due to the threat of strikes.