Germany - MAN Truckmaker 8-Month Sales Rise 13% as Eastern Europe Expands-by Jann Bettinga
MAN AG, Europe's third-biggest truckmaker, said sales in the eight months through August rose 13 percent to 9 billion euros ($12.7 billion), and it is sticking to its full-year targets as the company expands in eastern Europe. The order backlog in the period rose 22 percent to 12.7 billion euros, Chief Executive Officer Hakan Samuelsson told reporters on Oct. 5 in Krakow, Poland.
Munich-based MAN is targeting increased sales in eastern Europe and Russia as the regions' economies boom.
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