Hyundai Motor breaks ground on its first European car plant

Article Abstract:

Hyundai Motor Company Ltd. has begun construction on its first car manufacturing plant in Europe. Located in the Czech Republic, the plant is expected to be operational in 2009 . It is also located near the Slovak-based plant of Hyundai's Kia Motors affiliate, and the two firms qualify for bypassing a European Union 10% tariff levied on vehicles imported from outside the EU.

Motor vehicles and car bodies, Foreign operations, Facilities & equipment, Foreign trade, South Korea, International trade, Automobile industry, Buildings and facilities, Hyundai Motor Company Ltd., Kia Motors Corp.

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Sanofi buys stake in Czech generic-drug maker

Article Abstract:

Sanofi-Aventis S.A. of France has purchased a 24.9 percent stake in Zentiva N.V. of the Czech Republic for 430 million Euros ($516 million). Zentiva N.V. is a generic drug maker and this industry is consolidating.

France, Financial management, Finance, Company investment, Investments, Company financing, Company overview, SNY, Sanofi-Aventis S.A., Industry overview, Zentiva Group

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Pliva's directors back Barr's bid of $2.43 billion

Article Abstract:

Barr Phamaceuticals Inc.'s acquisition of Pliva has been approved by Pliva's supervisory board. If successful, this takeover would create the third-largest generic drug producer in the world in sales.

United States, Acquisitions & mergers, Yugoslavia, Mergers, acquisitions and divestments, Company acquisition/merger, Pliva, BRL, Barr Pharmaceuticals Inc.

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