Business in the Burbs

Euro Group of Companies announces distribution agreement

June

Euro Group of Companies Inc., a Port Chester-based manufacturer of transportation products, announced an agreement to sell its Eurospeed gasoline scooters and motorcycles across much of Europe.

Under a five-year distribution agreement, Parallel Intelligent Transportation LLC of Jericho has been granted rights for the marketing and sale of the Eurospeed products in Spain, Portugal, France, the Netherlands, Belgium, Switzerland and Italy. The agreement calls for a sales quota of at least 10,000 units sold in the European markets by the end of 2010 and at least 74,500 units over five years.

This entry was posted on Thursday, June 25th, 2009 at 3:30 pm by Jay Loomis.
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