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Europe Daily Bulletin No. 7696

12 April 2000
Contents Publication in full By article 34 / 55
ECONOMIC INTERPENETRATION / (eu) mechanics

The Swedish SKF, the German FAG KUGELFISCHER GEORG SHÄFER and the American NN BALL & ROLLER will form a new company to make and sell chrome balls used in the making of ball-bearing systems. NN BALL & ROLLER will hold 54% of the new company named NN EUROBALL APS, while SKF and FAG will both hold 23% each. It will gather the European sites of the three partners, i.e. in PINEROLO (SKF), ELTMANN (FAG) and KILKENNY (NN BALL & ROLLER), and will have a turnover of EUR 100 million with 700...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION