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Volvo Aero, Swedish govt to invest 63 mln skr each in component programme


Published : Wed, 21 Mar 2007 12:08
By : Agencies
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STOCKHOLM (AFX) - AB Volvo said its Volvo Aero unit and the Swedish Government are each investing 63 mln skr in a programme to develop lightweight components for more fuel efficient and more environmental aircraft engines.

The money will be invested 2007-2010.

TF.TFN-EuropeStockholm@thomson.com

hc/hjp

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