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Europe Daily Bulletin No. 7631

12 January 2000
Contents Publication in full By article 32 / 56
ECONOMIC INTERPENETRATION / (eu) tourism

The French travel agency network PROTRAVEL has acquired 51% of the shares of its Belgian counterpart VIP INTERNATIONAL for an undisclosed amount. PROTRAVEL made a turnover of FF 3.36 billion in 1999 in France with 750 employed and over 7,000 client companies while VIP INTERNATIONAL is expected to make a turnover exceeding BF 1.8 billion in 1999 with 75 collaborators and 1600 client companies.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION