Egana subsidiary given licence

Egana Jewellery & Pearls' parent Egana International (Holdings) has agreed to grant the company exclusive rights for design and manufacture and distribution of jewellery products under the trademark 'Goldpfeil'. The licence agreement, which was committed on Monday, was set on a worldwide basis for a seven-year period commencing on January 1, at a sales royalty of 8 per cent of the ex-factory price of the licensed products.