----- Original Message -----
From: Ning Mao <[EMAIL PROTECTED]>
To: MLL <[EMAIL PROTECTED]>
Sent: Friday, June 09, 2000 2:35 PM
Subject: MLL: [People's Daily] " Largest Sino-Yugoslav Joint Venture Operational"


Largest Sino-Yugoslav Joint Venture Operational
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The Hemofarm Pharmaceutical Co., the largest Sino-Yugoslav
joint venture in China, went into production Thursday in
this capital of east China's Shandong Province.

The 23-million U.S. dollars company with an annual
production capacity 30 million bottles will produce a dozen
varieties of transfusion medicine in plastic and glass
bottles at the initial stage.

The Yugoslav side covers 70 percent of the investment in
the joint venture equipped with state-of-the-art production
lines imported from Germany, Italy, Sweden and Finland.

It will turn out more varieties of medicine, such as
tablets, and Vitamin pills in the second-phase with an
investment of US$5.2 million.

More than 400 people attended the inauguration ceremony,
including Yugoslav ambassador to China Slobodan Unkovic and
Yugoslavian foreign trade minister Borislav Vukovic.

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