Word: bieler
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Dates: during 1970-1979
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...million since 1967, mostly because the government has insisted that Yugoslav companies retain control of any joint project by owning at least 51 % of it. Two months ago, however, the government permitted the nation's largest copper and brass fabricator to form a fifty-fifty partnership with Bieler National Industries, a smallish U.S. marketing firm. Other equally owned ventures may be allowed in industries where Yugoslavia lacks up-to-date technology, such as electronics and chemicals. Since the U.S. Government will now ensure American investments in Yugoslavia, Allis-Chalmers, Greyhound and other Yankee firms are considering such deals...
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