Centra charges up car battery exports with China deal

Poznan-based car battery producer Centra S.A will be able to increase exports to 60% of sales due to a new contract signed recently with the Chinese state-owned foreign trade center said the president of the management board Krzystof Paulus. Currently Centra's exports account for 54% of sales. According to the deal, Centra is to send 50,000 batteries worth $1 million starting in September. Centra, belongs to U.S. group Expire Corp. and is the biggest producer of car batteries in Central and Eastern Europe. Paulus says China is a profitable market, because the car industry there is in its infancy. Centra will have a chance on the Chinese market since its technology is superior to the Chinese. (Prawo i Gospodarka, page 2)