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spinning as in oil equipment!!!



> Sorry, not "weaving", but "tisser" in french
> also means spinning, to spin, like oil drilling equipment...
> 
> Dawn Star wrote:
> >
> > Junta Finance  Minister meets Director of Schlumberger Co
> > 7 Oct - Minister for Finance and Revenue U Khin Maung Thein met
> > Director of Schlumberger Co of France Mr Roland Vandenbossche and party
> > who called at his office this afternoon.Also present at the call was
> > Director of the Central Bank Junta.
> >
> > This could be a typical moneylaundering operation and propagnada
> > publicity stunt for both sides.
> >
> > Family Schlumberger, ranked 494th wealthiest in France, specialised in
> > mechanical industry. The company, NSC, is a world leader in machines à
> > tisser (weaving), with annual revenues of nearly a billion french
> > francs; recently they lost millions in russia and asia. One factory in
> > Guebwiller was closed down. Since, the family fortune has been cut in
> > half.
> >
> > Perhaps thats why they are looking for Burma business.
> >
> > In the last year, Christian Schlumberger sold for some 400 million
> > francs 51% of MJ Godard (distribution) to Sephora, a company owned by
> > the multinational LVMH (moet champagne and other luxury items, recently
> > in the news over the Gucci selloff)