Egypt’s Atico, Antares Romania partner for hydraulic chair production
Atico Factory for Wood Industries, a subsidiary of Egypt’s Arab Organization for Industrialisation (AOI), has signed on Monday a memorandum of understanding with Antares Romania.
The strategic partnership is geared toward creating a joint production line for hydraulic chairs, with Egypt poised to manufacture approximately 75 per cent of the chair components. This collaboration aims to address the rising demand for contemporary office chairs in the Egyptian market while maintaining competitive pricing.
Attribution: AOI statement