Czech lorry maker Tatra gets $6m contract in Iraq
The largest Czech lorry maker, Tatra, has signed a 6 million-dollar contract to supply 62 lorries to the Iraqi government. Tatra, whose participation in the tender was sheltered by its parent Terex Corporation, must supply the first six lorries to Iraq by November. Tatra board member Ronald Adams said the company had beaten U.S., German and Ukrainian rivals. The Czech Foreign Ministry has said Tatra's success could open the way to the Iraqi market for other Czech companies. Besides support from the Czech government, Tatra probably also benefited from the fact that it has an American owner. Only two Czech companies besides Tatra have managed to win contracts in Iraq to date.