INDIA/AUSTRIA: BIOCHEMIE BETTING ON GENERICS

Article Abstract:

Austrian Kundl-based Biochemie GmbH, a subsidiary of Novartis, is expanding in the field of generic drugs by bringing on stream a Sch 150mn production plant in India. At the new site, Biochemie is to produce the volumes that are required for applications with the registration authorities. Novartis is betting on the expiry of the patent for cephalosporin. According to chief executive Heinrich Scherfler, the patent regulations in India are less tight than in the European Union.

Pharmaceutical Preparation Manufacturing, Pharmaceutical preparations, India, Ethical Preparations, Drugs, Novartis AG, NVTSY, Biochemie GmbH

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ROMANIA: RAILWAY BUILDING MACHINES BY AUSTRIANS

Article Abstract:

The Austrian company Plasser und Theurer , the world's leading manufacturer of railway line building machines, is to set up a production plant in Brasov together with a Romanian producer. Plasser & Theurer won three of the last four contracts for railway line building machines of the Romanian railway company CFR.

Foreign operations, Romania, Construction Machinery, Construction Machinery Manufacturing, Construction equipment, Plasser und Theurer Export von Bahnbaumaschinen GmbH

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Hungary: Plastics production by Hirsch Servo

Article Abstract:

Hirsch Servo of Austria is investing Sch 25mn in a production plant for expanded polystyrene near Budapest. The 20,000-sq.m facility is to become operational at the beginning of 2002.

Plastics Material and Resin Manufacturing, Hungary, Plastics materials and resins, Urethane and Other Foam Product (except Polystyrene) Manufacturing, Polystyrene, Plastics foam products, Plastic Foam Packaging, Flextronics International Ltd., Foam packaging, Hirsch Servo AG

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