On March 27, we signed an agreement with Siemens, which aims to promote both our companies and enocurages better cooperation.
The leading manufacturer of industrial automation, Siemens, has been our technology partner since 2011. As a result, Mazel uses the highest quality components, apparatus and solutions for industrial purposes. It also allows us to manufacture and sell Sivacon S4 low voltage switchgear.
On March 27, 2018, we signed a special Agreement with Siemens regarding cooperation in the supply of switchgear cabinets equipment and components. It is valid until December 31, 2018. The aim of the Agreement is mutual promotion and cooperation aimed at mutual business development. This is another step in the development process of our company.