
UPDATE 1-Fragmented security industry wants EU standards
BRUSSELS, May 14 (Reuters) - Common standards are needed across Europe to boost a fragmented security market, major companies involved in security such as France's Thales (TCFP.PA: Quote, Profile, Research) and Airbus parent EADS (EAD.PA: Quote, Profile, Research) said on Wednesday. "This market is still very much fragmented and not as mature as it should be," Thales' chairman and chief executive CEO Denis Ranque said at a conference in Brussels. "The other way, apart from monopoly, to have a synchronised and well organised industry is to have common standards," Ranque said at the official launch of the European Organisation for Security (EOS), a nonprofit group aimed at creating a unified security market in Europe.