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Europe Daily Bulletin No. 8569

22 October 2003
Contents Publication in full By article 42 / 51
ECONOMIC INTERPENETRATION / (eu) aeronautics

The French electronics group, THALES, has announced the creation in China of a joint venture with CHINA SPACESAT CO in telematics and satellite guidance of vehicles sector. The new entity, called AEROTHALES, will be held at 49% by THALES and at 51% by AEROSTRONG TECHNOLOGY CO, the main subsidiary of CHINA SPACESAT. The amount of the operation was not disclosed.

Contents

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