ITP Group posts 8% increase in revenue for 2013

The ITP Group, which makes and maintains commercial jet engines, reported revenue of €627 million ($864.4 million) in 2013, up 8% from 2012. It invested €54 million in research and development, similar to 2012’s figure. CEO Ignacio Mataix called 2013 “another year of progress” that increased...

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