BOLOGNA, ITALY -- (Marketwire) -- 05/18/12 -- Great Wall Builders, Ltd. (OTCBB:GWBU) is pleased to announce the appointment of NESS Tech GmbH as its exclusive agent for the European Union and other select European markets.
The five (5) year agreement calls for a minimum wholesale purchase of EUR8,000,000 in Start Fuel Efficiency and Emission Device (FEED) units in the first year, with the requirement to increase the minimum purchase by 10% per annum in successive years.
The contract territory includes all the countries of the European Union with the exclusion of Italy, United Kingdom and Ireland.
The contract also includes the territories of Norway, Ukraine, Turkey, Croatia, Serbia, Bosnia Herzegovina, Montenegro, Macedonia, Albania and Kosovo.
