Le NUS adresse un mauvais bulletin la Belgique

Article Abstract:

According to a study conducted by the National Utility Service (NUS), between April 1997 and April 1998, the price per kWh of electricity in Belgium had risen by 2.36%. This means that Belgium passes from 5th to 4th place in the list of countries where electricity is most expensive. The NUS have accused the Belgian company Electrabel of trying to close the Belgian electricity market to competition. Electrabel proposed to other electricity distribution companies that they joined their shareholders and bought all their electricity until 2006, at which point clients could change their suppliers after giving an advance warning of 4 years. Electrabel is also looking to improve client's fidelity through associating in co-generation projects. The NUS also recommends that the electricity control committee welcomes consumers amongst its members.

Comment:

Belgium: National Utility Service states that between April 1997 & April 1998 price per kWh of electricity has risen by 2.36%

Market information - general, Electric Power Distribution, Electric Power Sales, Electric utilities

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Belgique-Cor e partenaires/

Article Abstract:

With 30 l of beer a year, the per capita consumption in South Korea is about three times lower than in Belgium, Interbrew says, which reveals a nice potential in this country. The Belgian brewer is to take 50% of the capital of its Korean colleague Oriental Brewery, the second-largest operators with some 6.5mn hl marketed in 1997 and a 37% market share. The operation, an investment of US$ 250mn for Interbrew, should be carried out in August 1998 through a joint venture agreement between both brewers. Oriental Brewery is part of the South Korean consortium, Doosan.

Comment:

Is to take 50% of capital of Oriental Brewery, second-largest operators w/ some 6.5 mil hl marketed in 1997, S Korea

South Korea, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Beer & Other Malt Beverages, Breweries, Malt beverages, Interbrew S.A., Oriental Brewery Company Ltd.

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Fardem Belgique s'offre/

Article Abstract:

Fardem Belgium, which posted a turnover of BFr 1.3bn in 1997, is expected to increase this to BFr 1.5bn in 1998 and BFr 2.4bn in the year 2001 as a result of a number of acquisitions contemplated. The Belgian manufacturer of industrial packaging film and bin liners is to introduce 450,000 stocks into the Brussels Stock Exchange between 8 and 26 June 1998. The operation, worth an expected price of BFr 700 per stock, will represent almost 50% of the company's capital.

Comment:

Posts turnover of BF1.3 bil in 1997 & is expected to increase this to BF1.5 bil in 1998 & BF2.4 bil in yr 2001 via acquisitions

Sales, profits & dividends, Unsupported Plastics Packaging Film and Sheet Manufacturing, Packaging Film, Plastic packaging film, Fardem N.V.

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