Further reductions are needed to arrive at a zero tariff for EU goods and the adoption of the common external tariff (CET) applied to all incoming goods - the fact which distinguishes a customs union from a free trade agreement.
Detailed information on the third quarter will be released at a press conference today in Munich at 10.30 am CET.
The goal of this acquisition is to combine FRAKO's core competence - principally in the field of energy optimization (network analysis and maximum optimization) - with CET's activities and market them globally.