SPAIN: MOVEMENTS IN DATA TRANSMISSION FIELD

Article Abstract:

Former partners and allies of Spanish telecoms operator Telefonica as Dutch KPN, BT and consortium formed by Telia, and KPN, Unisource, are implementing strategies to expand their business in Spain. A fibre optics network connecting the Spanish cities of Madrid, Valencia, Barcelona and Bilbao is projected to be set up by a joint-venture formed by US group Quest and KPN, KPN Quest, with an investment of Pta 30,000mn. The aim is to offer data transmission services. The mentioned joint-venture, jointly with IBM, will also open cybercentres in Europe. Telefonica's strategic ally MCIWorldCom also projects to operate in data transmission through its own fibre optics network (still being built), targeting a 3% market share. Part of its network would be rented to other companies. The sector is led by Telefonica Data (81%; Pta 25,740mn sales in 1st quarter 2000), Global One (3%), IBM (2%), and BT (11%). On the other hand, Telia Iberia (Telia) has started to operate in a field still virgin for Telefonca as it is applications provider on-line (applications rental services).

Market information - general, Communications Equipment, Communications Equipment Manufacturing, Other Communications Equipment Manufacturing, Fiber Optics Systems & Equip, Communications equipment, not elsewhere classified, International Business Machines Corp., Telecommunications equipment, Fiber optic networks, British Telecommunications PLC, Telia AB, Global One, Compania Telefonica Nacional de Espana S.A., MCI WorldCom Inc., Telefonica Data, Unisource Worldwide Inc.

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SPAIN: EXPANSION PLANS OF ITP

Article Abstract:

Spanish aircraft engines producer TPI (Industria de Turbo Propulsores), which is 53.2% owned by subsidiary of Spanish State-owned shipbuilding company Bazan and company Sener, Turbo 2000, and 46.8% by British group Rolls-Royce, plans to double its turnover during next four years, totalling Pta 80,000mn. To succeed with its projects, the firm will focus its business on the production of low pressure turbines and nozzles in order to become the main associated group of Rolls-Royce in Europe. ITP, which closed 1999 with Pta 2,492mn net profits (+53.7% on 1998) and Pta 35,402mn sales (+32%), will invest Pta 13,000mn during year 2000 to increase production of its factory of Zamudio.

Aircraft Engines & Parts, Aircraft Engine and Engine Parts Manufacturing, Aircraft engines and engine parts, Aircraft engines, Bazan, ITP, Industria de Turbo Propulsores, Rolls-Royce North America Inc., TPI Corp.

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SPAIN: FAES COULD REACH PTA 3,800MN PROFITS

Article Abstract:

Spanish pharmaceutical group Faes will market in year 2002 product 'Lerisetron' focused on the prevention of vomiting due to chemotherapy treatments. At the same time, the firm, which totals 1.7% quota of market in Spain and 2% quota of market in Portugal, has registered Pta 11,168mn sales during period Jan-Jun 2000. Faes expects to increase its profits in 22% during year 2000, totalling Pta 3,800mn.

Drugs & Pharmaceuticals, Pharmaceutical and Medicine Manufacturing, Drugs, Faes

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