Press release article from our research archive:

Tele Atlas Establishes New Operation in Russia.

Company Continues Expansion in Central and Eastern Europe with Formation of Tele Atlas RUS

GENT, Belgium, Dec. 14 /PRNewswire/ -- Tele Atlas, (FSE: TA6, EUNV: TA), a leading global provider of digital maps and dynamic content for navigation and location based solutions, today announced it has established a new company, Tele Atlas RUS. With headquarters in Moscow, Tele Atlas RUS will assume the databases and all activities of Navmaps, Russia's leading provider of navigation maps. The new company will strengthen Tele Atlas' operations in Russia and increase its direct interaction with suppliers and with Roskartographia, the Federal Agency of Geodesy and Cartography.

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