The European Commission has finally authorized Bosch Mahle Turbo Systems GmbH & Co. joint venture.
This project was launched by Robert Bosch GmbH, a German diversified technology based corporation, and Mahle GmbH, one of the 30 largest automotive suppliers worldwide.
The deal presupposes the supply of exhaust gas turbochargers to the motor vehicle industry by 2011.
The EC reached such a decision following the conviction that this joint venture would not impact competition on the market.
Russian President Vladimir Putin said at the meeting of the Valdai Discussion Club that Russia will never initiate military actions, including with the use of nuclear weapons
Representatives of the Ministry for Foreign Affairs of the Russian Federation commented on the state of affairs in the Sea of Azov