UM: unit au Mexique avec Grupo Met-Ref

Article Abstract:

Union Mini re (UM) and Grupo Met-Ref (GMR) are to create a 50:50 jointly held company named Unimet to be based at Monterrey, Mexico. The company will be active in the development of high quality zinc products, destined for general galvanisation and casting under pressure. Unimet will produce zinc alloy under the brandname Overcor, a brand belonging to UM, destined mainly for the automobile industry. Production should begin in October 1998. The operation will be managed by UM Zinc, a business unit of UM, and Metals Refinados, a subsidiary of GMR. The price of the investment has not been revealed, however UM emphasised that the operation is strategically rather than financially valuable. The Central American and Mexican markets in this sector are progressing rapidly according to UM. The firm would like to develop its American presence.

Comment:

Will create 50:50 jointly held firm in Mexico, called Unimet, with Union Miniere that would produce zinc alloys

Foreign operations, Primary Smelting and Refining of Nonferrous Metal (except Copper and Aluminum), Mexico, Zinc Alloys, Union Miniere, Unimet, Grupo Met-Ref

---

RMB se lance dans la r gie publicitaire/

Article Abstract:

RMB, which posted consolidated sales of BFr 4.72bn in 1997, is a Belgian company which sells advertising space to the TV, radio and cinema sectors. The company's activity in the paper support is limited to the French- and Flemish-speaking versions of the magazines for the subscribers of Canal Plus . This activity is to be boosted as a result of the creation of a new joint venture company with a colleague, PromEdit. The new venture, called RMB Press-PromEdit, is worth BFr 200mn in turnover for a start. The new entity will cover a number of magazines with different targets (from Le Journal des Enfants for children between 6 and 12 to Ete Indien for the elder), in addition to the magazines of Canal Plus.

Comment:

Reaches joint venture deal w/ RMB, creating RMB Press-PromEdit which will cover a number of magazines w/ different targets

Advertising and Related Services, Magazine Advertising, RMB Press-PromEdit, RMB, PromEdit

---

Sofina entre dans le capital du Win wallon

Article Abstract:

The new Belgian multimedia company, Win, which will offer services such as Internet access supply and value-added applications, will be operational by mid-November 1998. Investments in the company over a five year period will total BFr 1.6bn, and it is expected to break even in 2003. Win is held by Belgacom at 49%, 13% by both SRIW and Sofina, at 6% by CNP, the rest of the capital is detained equally by Cr dit Commercial and the SMAP. Alcatel-Ecta , IBM, Ciger and Belsign are among Win's industrial partners. Win will be set up with a capital stock of BFr 900mn.

Comment:

Will be operational by mid-11/98 & will offer services such as Internet access supply & value-added applications

Computer Systems Design and Related Services, Contract Software & Services, Software support services, Win

Similar abstracts:

• Abstracts: A message for Europe. Germany's other captain walks
• Abstracts: A multicriteria decision aid approach for energy planning problems: the case of renewable energy option
• Abstracts: Talgo se une a Adtranz para concursar en el tren de alta velocidad Madrid-Barcelona La CP negocia la compra de vagones a Talgo para la linea Lisboa-Paris
• Abstracts: Finavicomp toimittaa kalliit osat satelliittiin Mets -Serla tutkii taas UK Paperin ostoa Huhtam ki valtaa edelleen pakkausalaa
• Abstracts: fund is expected to create 2,800 jobs manulife fund goes online ofr expansion Fund for jobless proposed

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.