# Nicolas Correa wins €21M contract to install machining centres for NGC Gears

Nicolas Correa SA won a contract worth more than €21 million from Chinese multinational NGC Gears to install 10 large machining centres across three of NGC's plants.

- Type: Contract
- Announced: 2023-03-29
- Where: China, China
- Value: $22.8M (21.0M EUR)
- Status: announced
- Products: large machining centres
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Nicolás Correa](https://endata.com/companies/16138.md)
- [Nicolás Correa](https://endata.com/companies/16138.md) (supplier)
- [NGC Gears](https://endata.com/companies/69398.md) (customer)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/nicolas-correa-sa-MCE:NEA/news/brief-nicolas-correa-to-install-10-large-machining-centres-for-ngc-gears-for-over-21-mln-euros-019e6d2c-a960-7740-869b-dabc19ef9987/), 2023-03-29: "WINS CONTRACT WORTH MORE THAN 21 MILLION EUROS WITH THE CHINESE MULTINATIONAL NGC GEARS"
- [larazon.es](https://www.larazon.es/castilla-y-leon/grupo-correa-consigue-cerrar-contrato-mas-21-millones-euros-multinacional-china-ngc-gears_202303296424502900e7900001fa74ac.html), 2023-03-29: "El Grupo Correa, especializado en soluciones de fresado de grandes dimensiones a nivel mundial, consiguió cerrar un contrato de más de 21 millones de euros con la multinacional China NGC Gears."
- [lwadvisers.com](https://lwadvisers.com/es/nicolas-correa-nea-cierra-un-contrato-historico-de-21-millones-de-euros-con-la-multinacional-china-ngc-gears/), 2023-04-14: "Nicolás Correa... ha anunciado el cierre de un contrato histórico con la multinacional china NGC GEARS."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.