Zhejiang Rainbow Heavy Machineries Co.(RHM), a wholly-owned subsidiary of the Jiangsu Rainbow Heavy Industries Co.(002483.SZ), said on Tuesday morning that it signed a strategic cooperation agreement with the Holland-based GustoMSC B.V. .
Under the agreement, the two sides will cooperate in such fields as the design, sales and production of offshore cranes. GustoMSC is one of the leading design and engineering companies involved in all types of mobile unites and vessels for the offshore industry.
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