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Philips: investing in new German plant

17 December 1998: Philips GmbH (Hamburg), part of the Netherlands-based group, is planning to invest DM 30 million in the construction of a new plant for glass X-ray tubes in Hamburg, Germany.
Accord…

17 December 1998: Philips GmbH (Hamburg), part of the Netherlands-based group, is planning to invest DM 30 million in the construction of a new plant for glass X-ray tubes in Hamburg, Germany. According to a recent report, production is to begin at the end of 1999, with over 70% of output destined for export.

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