Warsaw, Poland - An Indonesian company whose European office is based in Budapest, PT Alita Praya Mitra, has signed memorandums of understanding (MOUs) with four new partners during the on-going Indonesian trade, investment and tourism expo here.

The signing was carried out by the company's president director, Ita Yuliati with representatives of Kendysh Alexander of Belarus, Makser Doo of Hungary, Nick Karas and Cococha of Bulgaria.

Among those witnessing the signing were chairman of the National Agency for Export Development Bachrul Chairi, Indonesian Ambassador to Bulgaria Immanuel Robert Inkiriwang and Indonesian Ambassador to  Hungary, Croatia, Bosnia, Herzegovina and Macedonia Mangasi Sihombing.

Mangasi said after the function he was very proud about the signing as it was proof the expo was effective and he expected many more agreements to be reached.

"It is possible for Indonesian companies to open branch offices abroad," he said.

PT Alita is enggaged in information technology. He further invited Indonesian companies to see every opportunity in East and Central Europe which were also challenging markets for Indonesian products.

Bachrul, meanwhile, admitted it was the right time for holding such an expo here to expand the market in East and Central  Europe.

- Source : Antara News Agency, 10 May 2008