Thus, the American makers of Duracell batteries should be able to stop the gray market importation of batteries produced abroad by its Belgian subsidiary.

Laboratoires Expanscience began to develop the international side of its business from 1963 with the opening of a Belgian subsidiary.

The sale of some companies - the Belgian subsidiaries, for instance- has cut down the need for audit, as have some reorganisations.

ING Belgium is the Belgian subsidiary of the ING Group, an international banking company.

During his time at Deloitte he shares the responsibility for the audits of the Belgian subsidiary of General Motors.

The TBL1+ system was designed in 2006 by the Belgian subsidiary of the Alstom Transport group.

In turn, it must part with Orange's Belgian subsidiary (sold in its entirety to KPN), since it already owns the Mobistar network there.

It said the purchase, for an undisclosed price, would be completed next month through its Belgian subsidiary.

Duracell has also been suffering from discounted "gray market" sales in this country of batteries produced by its Belgian subsidiary that were intended for sale abroad.

CNR signed a partnership agreement with Electrabel (a Belgian subsidiary of Suez).