FRANCE: BP AMOCO BUYS APEX INGENIERIE

Article Abstract:

BP Solarex, a subsidiary of the British-American group BP Amoco, has acquired Apex Ingenierie, a French company which specialises in solar electricity. Apex Ingenierie has needed backing by major group in the sector in order to cope with its rapid development: a growth rate of around 50% per year over the past eight years. Its turnover is expected to come to FFr 70mn in 1999, compared with FFr 26mn in 1998. BP Solarex is the world leader in the manufacture of photovoltaic panels, and it is expected provide Apex Ingenierie with the financial means needed to continue to grow.

United States, Asset sales & divestitures, Acquisitions & mergers, Electric Power Sources NEC, Other Electric Power Generation, France, Electric utilities, Apex Ingenierie, BP Solarex

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AUSTRIA: THEFT COVER BY MAX.MOBIL

Article Abstract:

Max.mobil is providing a kind of anti-theft insurance for the mobile phones of its clients. Phones that are no older than 12 months are replaced free of charge, when the client proves that he has informed the police of the theft and produces the purchase receipt. The phone is replaced with the same or a comparable model.

Austria, Use of services, Marketing procedures, Cellular and Other Wireless Telecommunications, Mobile Radio Services, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Mobile & Base Transceivers, Theory & Research, Wireless communications services, Transceivers, max.mobil Telekommunikation Service GmbH

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