In the post-1992 era, European corporations are likely to move toward larger, more centralized plants, and that will mean an increase in construction, analysts say.

European corporations and consumers have been badly unnerved by the events of the last two weeks.

After a glut of deal making in the late 1990's, many European corporations focused on selling assets and returning cash to shareholders.

In recent months, European corporations have announced plans to eliminate more than 400,000 jobs.

It also found some problems, including the traditional reluctance of European corporations to deal with small companies and the then-soaring dollar.

European corporations are subjected to a "territorial" tax system that does not tax profits on foreign operations.

It did say: "France wants third countries, particularly the most protected, to open their markets to European corporations.

The bank bidding reflects the broader scramble by European corporations to merge.

Occasionally the security forces hired by American or European corporations have gone too far.

The agreement calls for allowing European corporations to negotiate contracts directly with Soviet business leaders.