Sundial of world news

"To show a spirit of responsibility and sense of compromise." Nicolas Sarkozy has launched Thursday a solemn appeal to Europeans to save Greece. Whereas this morning in Berlin, the French president knows that he will deploy a wealth of imagination and persuasion to move Angela Merkel. While Athens, plunged into a financial and political crisis, is on the verge of bankruptcy, the Chancellor is considering a new excess wait. Faced with a sling in his majority, Merkel angers its European partners by raising the pressure: it insists on any new financial aid package Greek participation of private creditors to let them share the burden of German taxpayers.

Berlin's position, however, has eased somewhat in recent hours.The German government, which faces an end of inadmissibility of the European Central Bank (ECB), now would require a report in September of decision on an extension to Greece, initially expected at the European Council next week . Play for time when it is urgent to try to influence the debate: Berlin had already used this tactic in the first act of the Greek crisis, in May 2010, reluctant to put their hands in the pocket for Athens.

Participation binding

The Europeans have accepted half that request. The Commissioner of Economic Affairs, Olli Rehn, said that measures should ultimately be decided at the Eurogroup of 11 July. In the meantime, to ease the burden a little Athens, Europe could decide to release the funds promised for July."I am confident that next Sunday the finance ministers of the euro area will meet in Luxembourg will decide on the payment of the fifth tranche of loans to Greece," said Olli Rehn. This band represents just under 8 billion that would normally add 3.7 billion paid by the IMF. The fund has remained vague about his intentions, while suggesting a hint that it will participate in this effort absolutely free credit score. "We are ready to continue to support Greece if the Greek authorities take the economic measures promised," said his spokesman, in Washington.

Save time is to enable Europeans to reach a compromise on how to involve private creditors in aid to Greece. Paris insists that nothing be done that goes against the opinion of the ECB, which guarantees the stability of the euro.But in Berlin, the German government does not hide his irritation with respect to the ECB, which usually defends tooth and nail independence. The European monetary institution insists that the private creditors of Greece are known as a "voluntary basis" to grant a stay in a country where the rating agencies expect the bankruptcy. It is far from enough in the eyes of members of the center-right coalition of Merkel, where such participation must be mandatory. To ensure the support of the Bundestag increasingly looking to the funds of Germany, the federal government requests that all creditors are asked to exchange their shares against the Greek bonds at longer maturities.For the ECB, such an exchange would mean forced to recognize that Athens is in default.

Italy's Mario Draghi, who will fall over from Jean-Claude Trichet, head of the ECB, had his baptism of fire on Thursday night in Berlin, during a meeting with the Chancellor in which he was trying to find a solution to the dilemma German. For the Chancellor, it was however only a first round: she will spend three hours today with Nicolas Sarkozy to find a compromise.

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The 55 new trains duplex 3G will go quietly into the fleet of the station which already has 488. Outwardly, nothing distinguishes them from their elders also manufactured by Alstom and the delivery of which ranged between 2005 and 2011.

Inside, very slight innovations have been introduced: two screens are placed in each car to provide practical information (time, stations traveled, speed of the train …). The aisle is wider for the movement of disabled people. Seat reservations are displayed on small digital displays. Surprisingly, the SNCF seeks to preserve the same framework to avoid disturbing passengers … But according to the technicians of the station, trains are quieter and less pitching than older ones.They are also equipped with pre-wiring that will install a video system protection.

Yet, the president of the SNCF did not hesitate on Monday at a ceremony to talk about a new "weapon of European conquest." It is true that the Euro Duplex – it's his nickname – is the only way to travel in Switzerland, Germany, Luxembourg and Spain through its signaling system that will work on different networks and thanks to its compatibility with electrical equipment.

The new TGV will run on the network Rhine Rhone which the Strasbourg-Lyon is inaugurated in December. They also conduct trips between Marseilles and Frankfurt. Gradually, as they are delivered (9 in 2011, 15 in 2012, 11 in 2013, both in 2014 and 7 in 2015), the TGV also serve Spain."We currently have nearly 50% share of European market for high speed, said Guillaume Pepy, SNCF's boss. Today, the challenge is to keep them. "

The overall cost of this order placed in 2007 amounted to 1.6 billion euros, or about 28 million per train. Something to keep Alstom workshops while a European social movement was launched Monday in the various European sites of the Alstom Group. Germany, Spain and Italy are particularly affected by a plan to eliminate positions from 1300 to 1400 in the transportation division.

For this last week's meeting, the CAC 40 struggled to take off, after surging 1.41% on Thursday. The index in Paris rose 0.20% to 3976.95 points. In London, the FTSE rises 0.33% to 5900.57 points while in Frankfurt the Dax advance of 0.12% to 6942.03 points.

The caution is when the problems of sovereign debt of countries of the European Union back to haunt the markets. Fitch and Standard & Poor's (S & P) lowered the rating of sovereign debt by two notches from Portugal, because of "increased political uncertainty" that has shaken the country since the resignation of Prime Minister Jose Socrates.

European leaders are meeting just since Thursday in Brussels to find a way to fly to the rescue of the country and avoid a domino effect.They endorsed the night of Thursday to Friday a comprehensive system of defense against crises of debt that carries the actual capacity of the Fund's lending support to countries in the Eurozone in trouble from 250 to 440 billion euros.

The Japanese nuclear supervision

In addition, the Japanese nuclear situation remains worrying. This Friday, the operator of the plant in Fukushima, Tepco, said that the work of rehabilitation of the plant could take another month because of the difficulties encountered by workers to cool the reactors.

In Libya, fighting continued between armed forces of Colonel Gaddafi and the coalition forces.The NATO countries have agreed on Thursday to take command of military intervention and will next week over the coalition led by France, Great Britain and the United States.

U.S. GDP revised upward in 2010

However, operators should carefully monitor the indicators of the day. On the menu this Friday:

– French GDP in the fourth quarter. Insee said Friday it has revised upwards to 0.4% growth in gross domestic product of France in the fourth quarter of 2010 compared to the previous quarter. A first estimate published on Feb. 15 gave an increase of 0.3%.

– The French consumer confidence has deteriorated more than expected in March, returning to its level of last July partly because of fears about price trends, shows the monthly business survey released Friday by the INSEE .The composite indicator of consumer confidence has emerged after 85 to 83 in February.

– Money supply M3 in the euro area rose by 2% in February (+1.5% in January).

– The barometer Ifo business climate, the main index of business confidence in Germany fell to 111.1 points in March, ending nine months of increases in a row and a record high of 111.3 points in February, according to figures released Friday.

– Overseas, economic growth accelerated sharply in the fourth quarter – GDP grew by 3.1% against 2.8% forecast by the Ministry of Commerce and 2.9% by analysts – allowing States USA finished 2010 on a rise better than expected at 2 paydayloans.9%, according to figures released Friday in Washington.

As for currencies, the euro was stable against the dollar at 1.4166 dollars against 1.4168 on Thursday.

On oil markets, a barrel of light sweet crude for May delivery yielded 3 cents to 105.57 dollars. That of Brent North Sea crude for May delivery gained 21 cents to 115.93 dollars. "Oil prices remain high due to geopolitical tension and underlying factors that support lessons, and this dynamic market seems set to continue," note analysts at Barclays Capital in a note.

Values ​​to follow

Farm Credit: + 2.22% to 12.20 euros

Farm Credit has the highest increase of ACC on Friday, while BNP Paribas qu'Exane initiated coverage of French banks with a buy recommendation on the green bank.The analyst opinion adopted a "outperform" on the Crédit Agricole, with a target price of 16.70 euros.

Edenred: + 0.33% to 21.34 euros

Edenred the group's title, after the split in July with the Accor hotel group, continued his progress on Friday, still worn by various rumors about a possible takeover of the company or paying a special dividend. The work took more than 18.5% over the last five sessions

Eurazeo: + 5.03% to 55.75 euros

The group announced Friday the creation of value target of two billion euros by 2014, a goal that comes as the investment company just return to profit in 2010.Moreover Eurazeo and fund Colony Capital exclude launch a bid for hotel group Accor, which they together hold 32.79% of voting rights, to come into compliance with new regulations, said Friday Patrick Sayer, Chairman the Executive Eurazeo.

Schneider Electric: + 0.72% to 119.40 euros

The group announced Thursday it had acquired US Summit Energy specializes in services for Energy, for $ 189 million.

Lagardère: -0.45% to 30.03 euros, Vivendi: + 0.25% to 19.74 euros

Canal + will launch at the end of a free television channel, announced the CEO of the encrypted string in an interview with Le Figaro.

TF1 (-4.02% to 12.90 euros) and M6 (-2.52% to EUR 18) react badly to the news.

Lafarge: + 0.84% ​​to 44.25 euros

Based on a review of the MFA, the Egyptian Sawiris family increased its shareholding in cement producer of over 14% in March.

EDF Energies Nouvelles: -0.53% to 35.75 euros

The group announced Thursday it had signed two contracts in Canada of electricity supply in 20 years with Hydro-Quebec for wind projects totaling 49.2 megawatts.

France Telecom: + 0.03% to 15.69 euros

Polish operator TPSA its announced Thursday it had sold its subsidiary Emitel $ 1.7 billion zlotys (423 million euros) at the bottom of Montagu Private Equity.

The Bel Cheese must publish their annual results this Friday.

The Paris Bourse playing yoyo Monday. Already upset Friday by the earthquake and tsunami that hit on Japan, the Cac 40 fell back. After changing course several times in the morning, he sold 0.72% mid-term to 3900.59 points.

In London, the FTSE-100 5839.11 0.02% gleans points. The concern, however, is more vivid when the ignition Dax loose 0.56% to 6842.66 points.

Operators are reluctant while alarming news from Japan are linked. The Government refers to as a loss that would have a "considerable" on the national economy, adding that huge funds needed to finance the reconstruction of the areas tested.

Serious malfunctions at nuclear power plants in the region ravaged quicken concerns about the consequences of this disaster on all Japanese companies and the entire region.The Bank of Japan (BoJ) tries to calm markets by injecting funds into the financial system records. At midday on Monday, already 15,000 billion yen (131.6 billion euros) have been released. But this news has not been enough to reassure the markets of the region, primarily the Tokyo Stock Exchange, which has unscrewed from 6.18% at closing for its first full day of trading since the disaster.

Concerns from Asia should also largely occupy the mind for that day. Indeed, no major indicator except industrial production in the euro area in January, is expected Monday.It will wait until Tuesday for a news might make a difference in publishing in the U.S. index of house prices and the Fed decision on rates.

Oil and euro down

In this tense environment, oil appears down in electronic trading in Asia, the market worried about a drop in demand in the short term hit in Japan. Around 11:00, Brent North Sea crude for April delivery traded at 111.82 dollars and New York, a barrel of light sweet crude (WTI) let go two dollars to 99.16 dollars.

On the currency markets, the yen Monday morning in front flexes in other currencies. The intervention of the BoJ has helped slow the sharp rise of the yen against the dollar. Around 10:30 am Monday in Tokyo, the dollar went back to 82.20 yen after falling to 80.60 yen on Sunday, its lowest level in four months.For its part, the euro fell to 112.47 yen. Against the dollar, the European currency gained some ground. Around 11:45 am, the euro bought 1.3971 dollars against 1.3901 on Friday.

Renault, EDF and LVMH affected by the disaster

Renault: -3.15% to 39.47 euros, the biggest drop CAC 40

Nissan, Renault's Japanese partner in the Renault-Nissan, has closed four assembly plants in Japan and no site would reopen Monday. Nissan, the second Japanese manufacturer, manufactures 22% of its vehicles in the archipelago. Furthermore, the manufacturer faces a new twist in the case of alleged espionage. Dominique Gevrey, one of three security officials of the group, was remanded in custody to view this weekend.He is indicted for "organized fraud" and jailed in January following the dismissal last three frames of the group.

LVMH: -3.50% to 106.15 euros, PPR: -1.61% to 106.75 euros Hermes: -2.16% to 149.75 euros, L'Oreal: -0.70% at 81 , 07 euros

The luxury sector is likely to suffer the effects of the earthquake and tsunami that devastated the north-eastern Japan. The archipelago is the second largest global luxury goods market after the United States and elbow to elbow with China. For Hermes is the first market (17% of sales) while for LVMH, representing 9% of sales. The luxury division of PPR meanwhile 16% of its turnover in Japan. L'Oreal, for its part carries about 2.5% of its turnover in the country.

Areva (-8.91% to 31.75 euros) shows the largest decrease in the CAC 40 also affected by the nuclear risks in Japan.EDF (-4.51% to 29.20 euros) is also in trouble as Scor (-2.29% to 18.82 euros).

Bolloré put on Guinea

France Telecom: -0.61% to 15.38 euros

Orange and the Kuwaiti Agility will acquire a 44% stake in mobile operator Korek Telecom Iraq, announced Monday morning the French incumbent in a statement.

Bolloré: + 0.29% to 158.95 euros

The group on Friday signed a contract worth 500 million euros with Guinea for management of container port of Conakry, the capital of the West African country, state television reported.

Sopra Group: -0.63% to 71.05 euros

The group announced its intention to hire 2,500 people in 2011 in Europe, 1600 in IDUs in France in the consulting, systems integration and software development.

Altran: + 1.22% to 4.30 euros

The French group technology consulting has reported a net income Group share loss of 26 million.The group said to be in talks to divest all of its activities in Brazil. He anticipates continued growth at a high level in France in 2011 and continued improvement of its operating margin in 2011.

Vivendi: -0.10% to 19.73 euros

The group does not invest more than 6 billion pounds (6.9 billion euros) for the redemption of the capital of SFR held by the British telephone operator Vodafone, according to the Financial Times.

Note that the bank is well oriented: Credit Agricole (3.99% to 12.13 euros) is the largest increase at Societe Generale (3.34% to 48.31 euros), followed by Natixis (+2 , 74% to 4.21 euros) and BNP Paribas (2.39% to 54.41 euros).

BNP Paribas is continuing its shopping. While the French bank has become the second European bank following the acquisition of Fortis at the height of the crisis, she joins a company controlled by Belgian financier Albert Frere to launch a takeover bid of 1.5 billion euros over the minority shares of Compagnie Nationale à Portefeuille (CNP), according to the Belgian authorities. BNP Paribas and Albert Frere already hold, directly or through their joint holding Erbe, 67.3% of NPC.

In financial terms, the offer is launched by the company Fingin, totally controlled by Erbe, and relates to the 28.3% stake in NOC currently held by minority investors (the remaining 4.4% are treasury CNP) . According to the Banking, Finance and Insurance Commission (CBFA) in Belgium, offers Fingin 48.64 euros per share NOC, is listed on the Belgian BEL 20 index.The action NOC having closed Thursday at 40.31 euros on the Brussels Stock Exchange, the offer price represents a premium of well over 20%. The operation would be a bargain: some analysts value the NOC to a higher intrinsic value 51.90 euros per share.

Accordingly, the holding company NOC, which covers in particular its interests in the unlisted sector would be delisted. And withdrawal could kick off a broader reorganization of the galaxy Belgian billionaire Albert Frere, a sphere with multiple stages.

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A real setback. Household consumption of manufactured goods fell 0.5% in January, according to figures released Friday by the INSEE. Other bad news, the jump in spending by French observed in December was revised down from 0.6% to 0.4%. The decline in January mainly due to the drop in auto purchases by 6.3% in January. In addition, purchases of textiles and leather fell 1.8% despite sales.

Cushioning the fall, spending on household equipment held up well, up 2.4% on the month "because of the dynamism of furniture purchases," said INSEE. "Other manufactured products", such as watches and jewelry, DIY and hardware rose 1.1% in January. These figures are "clearly encouraging", says Dominique Barbet, an economist at BNP Paribas."They are more in line with the strong confidence of business leaders found earlier this year with the declining morale of households freecreditscore."

Households increasingly fear a return of inflation, Insee said in the release of the index of consumer sentiment on Thursday. Involved, soaring oil prices which "the psychological impact is very important," as emphasized Alexander Law, chief economist at Xerfi. Particularly because it is a recurring purchase for households. "This climate of suspicion certainly attend a further drop in consumption over the coming weeks," said Alexander Law, chief economist at Xerfi."Without alternative sources of growth, French economic growth will suffer inevitably."

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Click on the thumbnail to enlarge the graphic.

Europe stands on Wednesday a review of measures taken in December 2008 in favor of the 23 million SMEs which employ over 90 million people and represent over 67% of private sector jobs in the European Union. This initiative called Small Business Act aims to promote the access of firms employing fewer than 250 employees in finance, public procurement, to accelerate their implementation internationally, to simplify the relations with the administrations and encourage the 'entrepreneurship.

But it is more about principles of binding provisions such as those established by the Americans since 1953.Despite the absence of a genuine European Action Plan, progress has been made for two years because the crisis has encouraged governments to help small businesses hit hard by the economic and financial difficulties. They have lost nearly 3,250,000 jobs.

France has, for example, reduces payment times, eliminated the business tax – two decisions that apply to all businesses – and established the regime autoentreprenor since 1 January 2009. A move welcomed by Brussels. France, like Poland, Ireland and Iceland have established programs to encourage women to become entrepreneurs. These actions allow us to be in the European average and to beat Germany in the field of entrepreneurship.

Countries to reduce administrative procedures.France will hold in a few weeks the foundation for simplification to facilitate relations between the state and the bosses. Germany has made significant progress in betting on the Internet. But it remains in the EU average with a period of 18 days to start a business in seven days against 13 days in France and Britain. Italy has made significant efforts cons in this area by focusing on IT. Just one day to the Italians to create their company since April 2010. Spain has reduced both the time to start a company (17.5 days against 29 days previously) and registration costs (115 euros against 617 euros). Result, the average time in Europe to develop his company is more than 7 days against 12 days in 2007.The costs of this approach has fallen into the same time to 399 euros against 485 euros.

Progress

Several measures have been taken both in the funding of internationalization. Austria launched in 2008 a grant from the transmission business. The Czech Republic, Denmark, Estonia, Portugal and other countries including France encourage the internationalization of SMEs.

Despite progress, Brussels has decided to continue to steam. "SMEs are the engine of the European economy. They must be strong, competitive and innovative. States must act quickly so that the Small Business Act to be translated into facts, "said Antonio Tajani, Vice-President of the European Commission and Commissioner for Industry and Entrepreneurship.He hoped that SMEs remain a priority for Europe in the coming years because they are the ones who create jobs.

"Wages, bonuses, working hours … an inventory edifying

"Read report (pdf)

The Court of Auditors is preparing to publish a highly critical report on the Great Sea port of Marseille. In this document, including Le Figaro has obtained a draft, working conditions and remuneration enviable some of its employees and the situation of "social blockage" of the harbor is culprit. The final report will be published on February 8. His revelation comes in the open social conflict: Tuesday evening, the negotiating meeting on the consideration of the hardship in the business of cargo handling between the CGT Union ports and management companies handling nothing given.

Violence without consequences

Drivers of cranes and gantries, key employees of major seaports, under the port reform passed in August 2008, should be transferred to the private sector do not work effectively as 14 hours per week and 12 hours Fos Marseille, given the organization by teams of two drivers for a crane or a gantry, absences and the rule of "finite-party", the report of the Court of Auditors. Their monthly salary is between 3500 and 4500 euros net, including gratuities, still illegally paid by the stevedoring companies despite a call to order of the Court in a previous report. However, only the Italian ports of La Spezia and Genoa are experiencing lower productivity than Marseille.The implementation of the reform should allow "seriously consider organizing handling to restore the GPMM every chance in the competition in terna tional," said the Court.

For, although it recognizes the comparative advantages "undeniable" port of Marseille, positioned on the route between Asia and Europe, and particularly easy to access compared to some competitors, the Commission stated that " except in the cruise, he continues to lose market share m ar payday loan. For judges, "one of the key factors, if not the main, this decline is due to the insufficient reliability of the port, due to a deteriorating social climate, with alternating periods of calm and crisis, often violent, in a context where a union (the CGT, Ed) dominates all others. "And, faced with this situation, judges link "a commitment to reform disintegrating too often, particularly for lack of sufficient determination of the authorities of the State, facing a social crisis and the extreme tension that accompanies" .

The report notes the position of watermark fluid and not always consistent authorities in the bidding of the CGT, which led to an inextricable situation."There are shortages at the port of Marseille that applies to the normal rule of law, where everyone takes his role in the economic and social debate, but where the limits of democratic debate are not crossed," said the judges, who insist conclusion "to the leaders but also guardianship GPMM departmental and local representatives of the state to penalize or punish do, drifts accompanied by violence, including systematic complaining!

In a power struggle often unfavorable, port officials have not always been of the prosecution of violence which would have deserved and have often yielded to the bidding union.

Hu Jintao, Chinese President imperturbable, he appreciates the jokes? His state visit to four days in the U.S. has not given more keys to respond. But hopefully for Muhtar Kent, CEO of Coca-Cola. To welcome the move to Washington to host such a prestigious and powerful, the iconic boss had taken the trouble to learn some Chinese words.

At the end of his welcoming speech, he has embarked on a toast in honor of President Hu and his delegation intended to remind its guests the best traditions of their homeland. But far from the expected emotion, warm "Kanpai!" Earned him that sarcasm and laughter payday loans online. So good that he should start Mandarin "Ganbei!" Muhtar Kent, President Hu was greeted in Japan. The confusion between two languages powers close to war was a long time but obviously not very happy.

But, for his part, Hu also likes sometimes deviate from the beaten path of diplomacy. He returned to the press on the historic nature of his encounter with Barack Obama. "It was the first time I met a Nobel Peace is not in jail," he said.

The trend remains fragile on Friday on the European stock exchanges. In Paris the CAC 40 has remained in limbo (-0.30% to 3964.84 points) yesterday, Thursday. But this Friday, the index gained height in early trade: 0.46% to 3983.06 points. An increase that continued in the morning: at about 10:30, the index rose 0.66% to 3990 points.

Factor supporting this day, the morale of French manufacturers, which continued its gradual rise in January, with a sharp jump of six points from the previous month to 108 points, the sentiment index of all the winning business it a point to 106 points, Insee said Friday.

And above all, good news from Germany has added to the heart of balsam investors.The barometer of the Ifo business climate, leading confidence index in Germany has reached a new record in January at 110.3 points against 109.8 points in December.

This morning, Asian stock markets overall declined sustained change, and yesterday afternoon, Wall Street has ended at equilibrium, as investors opted for caution amid speculation about new Chinese measures to prevent overheating of the second world economy .

The appointment on Friday, the monthly business survey in industry and services by INSEE. Then 10 hours, the German Ifo index will be monitored.

On the foreign exchange market, the euro is trading above $ 1.35 on Friday. The euro has gained strength this week against a background of successful bond issued by European countries like Spain and Greece.In front, the dollar depreciated while Barack Obama has welcomed Tuesday its Chinese counterpart and called for yuan appreciation.

Sanofi-Aventis is expected to extend its offer for Genzyme

The offer expires on Genzyme Friday 21 January.

Vivendi balance to 21.56 euro Judgement of the Criminal Court of Paris in the trial of Jean-Marie Messier.

Renault: 0.75% to 47.22 euros The three executives in question have filed a complaint and will vigorously defend. The doubt settles. The CEO of Renault will speak Sunday evening.

Kaufman & Broad: 0.62% to 24.40 euros The group announced on Thursday night have returned to profitability in 2010 and 21% had reduced its debt after a year marked by an upturn commercial my credit score.

Somfy: 1.57% to 185.90 euros The shutters specialist announced a revenue increase of 12.1% for its fiscal 2010 to 852.6 million euros. Sales have benefited from buoyant activity in Germany, Central Europe and East and France. They have offset lower sales in Northern Europe.

Damartex: -3.40% to 23.04 euros The apparel retailer reported Thursday evening sales up 3.8% in the first half of its fiscal year 2010-2011, 385.3 million euros.The group, which owns the brand Damart, has not made a forecast for the coming quarters.

Schneider Electric (+1% to 111.10 euros) on Thursday confirmed the closure of its plant in St. Pryvé St. Memin (Loiret) managed by one of its subsidiaries.

Air France-KLM The company goes from 1.84% to 13.56 euros after posting seven consecutive sessions of decline with a drop of more than 4% Thursday evening after closing the warning on the results of EasyJet yesterday.

Scor (balance) announced Thursday it had successfully placed 400 million Swiss francs of perpetual subordinated securities.

CGG Veritas (1.49% to 24.41 euros) announced that it has finally issued 360 million euros in convertible bonds after exercising the over-allotment option.The group had initially planned to issue 315 million euros.

APRR: +0.10% to 51.38 euros The motorway company has reported a traffic increase of 1.3% in the fourth quarter, offsetting heavy traffic traffic light vehicles affected by snowfall and shortages of gasoline in the early fall.

Compagnie des Alpes The leisure group said sales growth of 1.41% in the first quarter of its fiscal year 2010-2011 supported by a good attendance of its ski areas through early snowfall observed in late 2010.

Veolia Environnement Groupe Industriel Marcel Dassault, the holding of the Dassault family, announced December 31, 2010 hold at 5.37% of share capital and voting rights of society in environmental services.

Cegid reported Tuesday a turnover up 0.4% for 2010 and expects a net profit increase for its entire fiscal year.

Technip announced Friday it had won a contract refinery in Bulgaria worth 70 million euros.