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Image header Agence Europe
Europe Daily Bulletin No. 7956
Contents Publication in full By article 34 / 51
ECONOMIC INTERPENETRATION / (eu) tourism

The German group PREUSSAG sole its subsidiary KERMI (turnover of EUR 256 million for the 1999/2000 financial year), specialised in the production of cleaning equipment and radiators from the Swiss ARBONIA-FORSTER for an undisclosed sum. This operation is part of the PREUSSAG debt clearance plan, which it hopes will lower its debt to EUR 4 billion over the next twelve months against around 7.2 billion at present.

Contents

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