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Europe Daily Bulletin No. 9000

29 July 2005
Contents Publication in full By article 30 / 38
ECONOMIC INTERPENETRATION / (eu) rail

The Italian railway company, TRENITALIA, has acquired a majority stake in the capital of the German company, TX LOGISTIK (turnover EUR 55 million per year), and, as such, becomes the second largest private rail company in the freight sector in Germany, and one of the leaders in Europe. The capital thus rises from 15% to 51%. The agreement signed between the two partners provides for the acquisition by TRENITALIA of the remaining 49% over the next four years.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION