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[RHM.GE] Rheinmetall

Symbol: RHM.GE

12/5/2008 02:29am
Rheinmetall Launches €50M cost cutting program; restructuring implementation to affect 250 jobs by early 2010

- To cut automotive investment sharply in 2009
- Automotive sector targets €2.1B in regional sales for current FY; sees 2009 profit even if market drops by 15%


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