Rheinmetall, the German automotive components firm, and IT major IBM have expanded the scope of their existing deal to include business transformation outsourcing services. The renewed agreement will take shape with immediate effect with a transition phase lasting until the completion of the year 2006. TMCnet reports:
The 13m, seven-year contract covers the outsourcing of payroll accounting for Rheinmetall Defence and services in connection with occupational pensions for Rheinmetall Group.
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