StarNet, l'alternative/

Article Abstract:

StarNet will supply the small and medium companies and private people in Belgium with Internet and intranet services for a start. Services will be delivered through an optical fibre network but the way in which the new operator might by-pass Belgacom's network remains vague. The new operator, worth some BFr 1bn in capital for a start, should report a 500 staff within five years while offering its first services before 31 December 1998. The French telecoms operator France T l com controls 75% of StarNet compared to 25% for its Belgian colleague Telinfo. Subsequently, StarNet might actually compete with Belgacom through offering telephone services through the Internet.

Comment:

Will supply small- & medium-sized companies & private people in Belgium w/ Internet & intranet services

Internet service providers, StarNet (Belgium)

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Production domestique en baisse/

Article Abstract:

The assembly of commercial vehicles went up 7.2% in Belgium in 1997 while buses surged 41.4%, the Belgian automotive union (Febiac) reports. This would not prevent the total assembly output to fall 10.8% that year as a result of Renault closing its plant of Vilvorde in the Summer of 1997. Over 1.10mn vehicles were assembled in Belgium that year, of which 95.4% were exported especially to Germany which accounted for 27.5% of the export performance. Belgium remained the country with the highest car assembly output per inhabitant (108 units per 1,000) in 1997 world-wide.

Comment:

Belgium: Assembly of commercial vehicles went up 7.2% in Belgium in 1997 while buses surged 41.4%, according to Febiac

Production data, Automobiles, Automobile Manufacturing

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TOURING ASSURANCES

Article Abstract:

Financial products, life insurance, family liability and domestic and household insurance products are the main new products that Touring Assurances will offer to its clientele of private individuals as of 1999. The Belgian insurer wants to diversify from its speciality as a motor insurer while implementing a more powerful computing system. To finance the computer enhancement and diversification, the firm has increased its capital to BFr 1bn from BFr 200mn before. The operation was approved by the company's shareholders on 5 June 1998.

Comment:

Will offer Financial products, life insurance, family liability & domestic & household insurance prods to clientele as of 1999

Insurance, Insurance Carriers and Related Activities, Touring Assurances

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