latest news releases from the newsroom
Metsa Tissue Oyj
Hannu Anttila Appointed CFO of Metsaliitto Group
HELSINKI, Finland, Dec. 4, 2002 (PRIMEZONE) -- Metsa Tissue Corporation's President and CEO Hannu Anttila (47) is to take over as Senior Vice President, CFO of the Metsaliitto Group during spring 2003, when Kari Haavisto, who currently holds the post, retires.
SDC Buys Back Shares in Danish WM-data SDC A/S
STOCKHOLM, Sweden, Dec. 4, 2002 (PRIMEZONE) -- Earlier today, it was announced that WM-data (Other OTC:WMDTF) and DMdata are initiating cooperation within IT operations in the Nordic region. As a result of this action, SDC is repurchasing 50% of the shares in the former jointly-owned Danish operating company WM-data SDC.
WM-data and Danish DMdata Create Nordic Power Center for IT Operations
STOCKHOLM, Sweden, Dec. 4, 2002 (PRIMEZONE) -- WM-data (Other OTC:WMDTF) and Danish DMdata are combining their resources within IT operations in the Nordic region and are establishing a jointly owned company in Sweden. The transaction creates one of the Nordic regions largest supplier-independent players in the IT operations field, with the strength to compete for large, long-term operating undertakings on the growing market for IT outsourcing in the Nordic region. The combination provides economies of scale and resources to develop cost-efficient and competitive high-quality services in the operations and communications area.
Statoil Upgrades Production Forecast
OSLO, Norway, Dec. 4, 2002 (PRIMEZONE) -- Statoil (Oslo:STL) (NYSE:STO) has upgraded its forecast for total production in 2002, from 1,050,000 barrels of oil equivalent per day (boe/d) to 1,070,000 boe/d.