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Europe Daily Bulletin No. 8445

17 April 2003
Contents Publication in full By article 30 / 33
ECONOMIC INTERPENETRATION / (eu) electromechanical

The British group INVENSYS (pre-tax profits £250 million forecast for 2002/03), which has been in difficulty for over two years, has put all its secondary divisions up for sale to refocus on factory automation and rail signalling systems. The sale concerns the Dutch subsidiary BAAN (information technology) and APPLIANCE CONTROLS, CLIMATE CONTROLS, METERING SYSTEMS and POWERWARE (energy management), APV BAKER (industrial pastries), LAMBDA and TECCOR (electric components) and HANSEN...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION