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GOE Credit Suisse

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Share Name Share Symbol Market Type
Credit Suisse AMEX:GOE AMEX Ordinary Share
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ECA Group’s Aerospace Division, Subsidiary of Groupe Gorgé, Won a Major Contract of over €10 Million

22/04/2015 11:00am

Business Wire


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The ECA Group Aerospace Division, subsidiary of Groupe Gorgé, signed an over €10 million contract to supply a new assembly line for A320 front sections in Saint-Nazaire Airbus plant.This Division will develop and deliver new structure assembling stations and manage the removal of the previous stations ensuring Airbus to meet its A320 production ramp-up target in the existing facility.This new production line will enable Airbus Saint-Nazaire plant to manufacture additional front sections before the end of 2016.

The Aerospace Division of ECA Group, through its experience and knowledge of Airbus aircraft programs, has been able to set up an industrial organization allowing the installation of new production means without disrupting current production cycles.

This success occurring after successful delivery of ATR Final Assembly Line in Toulouse Mid 2014, demonstrates real improvement of efficiency operated by our group in these activities in the two last years.

About Groupe Gorgé:

Established in 1990, Group Gorgé is an industrial group operating in different areas of expertise: Smart Safety Systems, Protection in Nuclear Environments, Industrial Projects & Services and 3D Printing

In 2014, the Group reported revenue of €223.3 million. It is backed by 1,370 employees and operations in over ten countries. Groupe Gorgé is listed on NYSE Euronext Paris (ISIN: FR0000062671; Ticker code: GOE) and on the US OTC market (ISIN: US3994511034; OTC Pink: GGRGY / GGRGF) in the form of ADR.

More information available on www.groupe-gorge.com

Groupe GorgéNathalie Lagos, Tel : +33 1 44 77 94 77Communications Managercontact@groupe-gorge.com

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