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Europe Daily Bulletin No. 8650

21 February 2004
Contents Publication in full By article 37 / 44
TIMETABLE / (eu) oil

The French TOTAL (turnover of 104.65 billion EUR in 2003), the fourth largest oil company in the world, is to re-group into one entity all its activities outside oil and chemicals. The new company, to be known as CIP, will represent 5 billion EUR of turnover and employ 19,500. Ultimately, the new company will either be split up or floated on the stock exchange.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
SUPPLEMENT