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Europe Daily Bulletin No. 8850

17 December 2004
Contents Publication in full By article 37 / 41
ECONOMIC INTERPENETRATION / (eu) steel

Russian conglomerate SEVERSTAL (annual turnover USD 5.7 bn) will be taking over Italian company LUCCHINI one of the biggest European steel companies. It will take over 60% of the company's capital (the company has an annual turnover of EUR 1.8 bn and a workforce of 9,500) by increasing the capital of the company by EUR 450 million.

Contents

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