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Europe Daily Bulletin No. 8590

22 November 2003
Contents Publication in full By article 41 / 47
ECONOMIC INTERPENETRATION / (eu) pneumatics

The French MICHELIN is to set up a joint venture with India's biggest producer of tyres for lorries, APOLLO TYRES, in an operation representing a total investment of 70 million over four years. The new company will be called MICHELIN APOLLO TYRES and will be 51% owned by MICHELIN. It will specialise in the manufacture and sales of tyres for lorries and buses, and will also sell other types of tyre.

Contents

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