03/01/2004 The Indian Ocean Newsletter N°1070

MOZAMBIQUE

A Portuguese Firm Closes its Affiliate in Mozambique

The company OGMA-Industria Aeronautica de Portugal (state conglomerate of the Portuguese military) decided to declare bankruptcy of its affiliate Industria Aeronautica de Moçambique (IAM) without advising its Mozambican minority shareholder, Trabalhos e Transportes Aéreos (TTA). (...)   [265 words]   [€5]
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