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Europe Daily Bulletin No. 8742

7 July 2004
Contents Publication in full By article 47 / 51
GENERAL NEWS / (eu) electrical construction

French company SCHNEIDER ELECTRIC, has sold off its minority 40% stake in VA TECH TRANSMISSION ET DISTRIBUTION, a joint venture it owned with the Austrian company VA TECH. This subsidiary is the third largest high tension equipment company in the world with a turnover of EUR 620 million in 2003 with 2600 employees.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS