AUSTRIA: BUNDESHEER'S FIGHTER OPTIONS

Article Abstract:

Reportedly only Saab-BAE and Lockheed-Martin have so far bid for the replacement of Austria's outdated Draken interceptor fighters. The Swedish-British consortium is offering the JAS 39 Gripen and the US company the F-16 Fighting Falcon. Austria's defence ministry is believed to be prepared to pay about Sch 20bn for 24 one-seat and 6 two-seat fighters. This makes the F-18 Hornet and Eurofighter's Typhoon too expensive. Dassault has reportedly so far submitted no bid for the Mirage-2000, and an order for the MiG-29 Fulcrum is said to be "not of interest". SAAB-BAE suggests that due to counter-purchases, the company's fighters would pay back within 15 years. For instance an aluminium foam developed by Alulight in Ranshofen could be used in the fighters. The material features good vibration properties and allows a reduction of weight.

Austria, New orders received, Aircraft & Parts, Aerospace Product and Parts Manufacturing, Aircraft and Parts, Lockheed Martin Corp., Saab AB

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DENMARK: HYDRO'S 1999 RESULTS

Article Abstract:

Hydro's four companies in the Tonder region, all of which are subcontractors to the car industry, southern Jutland, reports about a DKr 50mn (USD 7mn) profit for 1999. Turnover totaled nearly DKr 1.3bn, up from DKr 1.2bn in 1998. Hydro Automotive Structures Tonder reports a DKr 40mn loss, about the same result as in 1998. Hydro Aluminium Tonder reports a DKr 10mn profit, down from a DKr 18mn profit in 1998. Hydro Aluminium Hycot reports a DKr 26mn profit, down from DKr 39mn. Heat Transfer Tonder reports a DKr 54mn profit, up from DKr 38mn.

Sales, profits & dividends, Motor vehicle parts and accessories, Motor Vehicle Parts, Motor Vehicle Parts Manufacturing, Automotive parts, Hydro Aluminium

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DENMARK: INTENSE GROWTH FOR ALUMINIUM CLUSTER

Article Abstract:

Tonder in the south-western part of Sonderjylland, Denmark, is developing into the most important and biggest aluminium centre in the world outside Norway in the next five years. A new knowledge and competence center, Alu Cluster, is to help more companies to start aluminium operations. Hydro Aluminium Tonder A/S managing director Bo Lybaek anticipates explosive growth in the aluminium cluster next year. The only problem is to find enough qualified staff.

Research & development outlays, Science & research, Hydro Aluminium Tonder A/S

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