Article: Volvo says Volvo Aero's space operations will be saved.(Brief article)

NORDIC BUSINESS REPORT-4 June 2009-Volvo says Volvo Aero's space operations will be saved(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com

Swedish-based AB Volvo (OMX Stockholm:VOLV A) (OMX Stockholm:VOLV B) said today (4 June) that the Trollhattan space operations of Volvo Aero, a manufacturer of components for aircraft and rocket engines, will be saved after the Swedish government proposed continued financing for the European launch-vehicle programme.

Volvo Aero supplies turbines and nozzles to the European Space ...

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