date:Jun 09, 2012
mi chief said he believed it was possible to buck the trend and achieve growth during a recession.
Investment programme
Cassani explained that much of the 2011 growth came in the so-called BRIC nations of Brazil, Russia, India and China. However, the worldwide recession has dampened demand, particularly in China and India.
He added that a company investment and divestment programme undertaken at the start of the recession reaching 65m including financing RD operations, plants and machine too