Gaia Molco is the secretary general of the Tel Aviv-based Israel-Italy Chamber of Commerce and Industry (IICCI). This is a private, non-profit member of a network of 70 Italian chambers of commerce. Mrs. Molco said that “More and more, we see how scientific and technological cooperation between Israel and Italy is growing,” Earlier this month,…
Author Archives: Derrik Brunner
FRANCE TELECOM Closes its EUR 1 billion bonds tender offer. FTE issues 10-year bonds for EUR 750 million.
The tender offer for bonds launched by France Telecom closed with EUR 1.963 billion of orders received representing a hit rate of 36% of the total targeted bonds (4.625% January 2012, 4.375% February 2012 and 7.25% January 2013). According to its original goal, France Telecom has limited the amount of bonds bought back to EUR 1…
German Export Surplus Increasing Rapidly
German exports will increase 16 per cent this year to €937 billion and clear the €1 trillion mark next year, according to the German foreign trade association, BGA, last week. German exports are growing because its industry produces exactly what the world’s rapidly growing emerging economies want and need: industrial plants, specialized machinery, luxury vehicles…
Italian Company, AgustaWestland, To Deliver Helicopter to Libya
The second AW139 helicopter is to be delivered to the Libyan General People’s Committee for Public Security. This was announced in Tripoli at the “Libdex 2010” which is the second annual defense and security show in Libya. The Italian aircraft manufacturer, AugustaWestland, has a contract to manufacture five such helicopters for Libyan border surveillance and…
Indian Rajoo Engineers join Italian Bausano & Figli S.p.ay
Indian firm, Rajoo Engineers Limited, has formed a joint venture with the Italian company Bausano & Figli S.p.a to produce and market pipe and profile lines. Rajoo is in effect diversifying into the pipe and profile extrusion machinery business. Rajoo Bausano Extrusion Pvt. Ltd., the JV company, will begin operations in 2011. Rajoo will supply…
Iliad Third Quarter Revenue Increases By 5% To EURO 511.1 Million
Its third-quarter revenue of French Internet operator Iliad SA (ILD.FR) rose 5% as its Free brand subscribers continued to increase. Revenue was EUR511.1 million for the three months ended September 30. It was up from EUR486.7 million in the same period of 2009. Revenue was EUR1.53 billion for the first nine months of 2010, up…
France Telecom to Expand In Rural Africa
France Telecom is planning to take over rural Africa with a variety of low-cost products and services which are intended to double its sales in the region by 2015. The French operator is betting on rapid expansion in rapidly expanding markets in Africa and the Middle East to offset a slow decline in its longstanding…
China’s ZTE marketing 300,000 more mobile phones in France
China’s ZTE Corp, plans to sell 300,000 units of a new Android smartphone to Europe this year. This month, sales will launch in France according to a ZTE spokeswoman. The smartphone has a 3.5-inch touch screen is ZTE’s second cellular phone marketed in France and it also employs Google’s Android operating system. France Telecom’s Orange…
German Economy Developing Less Rapidly
Orders and production in September fell even lower than in the previous month. There was a drop of 1.3 percent recorded by manufacturing firms which was the largest decline in nearly a half year, the Federal Statistics Office said on Tuesday. Manufactures have increased prices and seasonally adjusted minus of 2.8 percent. In August, sales…
BMW Megacity to be produced in Leipzig plant
BMW has announced € 400 million investment at its plant in Leipzig. The Leipzig plant has been chosen for the production of future Megacity, the urban all-electric mark whose launch is planned for 2013. The carbon fiber used in its production will come from an American factory town with the SGL Group. Also, certain components…
