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Europe Daily Bulletin No. 7929

23 March 2001
GENERAL NEWS / (eu) eu/transport
Commission gets main European companies in satellite and equipment sector, to take part in financing of "phase 2" of Galileo project, for total of EUR 200 million

Brussels, 22/03/2001 (Agence Europe) - The European Commission got the main European companies in the satellite sector to financially engage themselves in the completion of the second phase of the Galileo project, that is to say the project development phase. Thus, one of the conditions for this phase to be launched, that is to say the participation of the private sector, is satisfied. Ten large companies representing the manufacturers of space systems, equipment manufacturers, service...

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