latest news releases from the newsroom
Sveaskog: Mindab and AssiDoman Timber form Sweden's Largest Timber Business
STOCKHOLM, Sweden, June 02, 2003 (PRIMEZONE) -- Sveaskog, LRF och Skogsagarna Mellanskog are creating Sweden's largest and Europe's fourth largest company in the timber industry through a merger of AssiDoman Timber and Mindab (Mellanskog Industri AB) . The new company will have annual sales of around SEK 5 billion and 1,450 employees
BT Industries: Toyota Industries International Treasury Operations to set-up in Sweden
MJOLBY, Sweden, June 2, 2003 (PRIMEZONE) -- Toyota Industries Corporation (TICO) has together with its Swedish based subgroup BT Industries decided to set-up its international treasury operations in Mjolby, Sweden. The treasury operations will be conducted in a new company -- Toyota Industries Finance International AB (TIFI) -- and will use the present treasury organisation within BT Industries.
NCC to Remodel Parliament Building in Oslo for SEK 155 million
SOLNA, Sweden, June 02, 2003 (PRIMEZONE) -- NCC Construction AS has been commissioned to remodel the Stortinget property block and Tollbugaten 31 buildings in Oslo, the location of the Norwegian Parliament. The turnkey contract is worth approximately SEK 155 million (NOK 136 million).
XACT SBX -- Iinitial Listing of new Exchange Traded Fund
STOCKHOLM, Sweden, June 2, 2003 (PRIMEZONE) -- As of today, XACT SBX is listed on Stockholmsborsen, marking the addition of another ETF (Exchange Traded Fund) to Stockholmsborsen's ETF segment. XACT SBX tracks Stockholmsborsen's benchmark index (SBX), which comprises the 80-100 most heavily traded shares on the Exchange.
Micronic Receives Repeat Order for a Laser Pattern Generator for STN-LCD Applications
TABY, Sweden, June 02, 2003 (PRIMEZONE) -- Micronic Laser Systems AB (Other OTC:MICLF) (Stockholm:MICR), a leading manufacturer of laser pattern generation equipment to display and semiconductor industries, today announced that it has received a repeat order for an MP80+ laser pattern generator from a merchant photomask manufacturer in Asia. The customer will use the tool mainly target to STN-LCD applications. Delivery is scheduled for the third quarter of 2003.
GN Store Nord
GN ReSound Expanding Production of ITE Devices in Minneapolis
COPENHAGEN, Denmark, June 02, 2003 (PRIMEZONE) -- GN Store Nord (Other OTC:GGNDF): under its Closing the Margin Gap project, GN ReSound is now concentrating most of its U.S. production of ITE (In-The-Ear) devices as well as its technical and administrative support functions at its Minneapolis location.
PartnerTech Signs Letter of Intent to Acquire BEVE Electronics
STOCKHOLM, Sweden, June 02, 2003 (PRIMEZONE) -- In order to strengthen its expertise in microwave engineering and defense PartnerTech has signed a letter of intent to acquire all shares in BEVE Electronics AB, an electronics manufacturer focusing on advanced systems and electronic components. The company, which is undergoing judicial reorganization, posts annual sales in excess of SEK 200 million and employs some 170 people. BEVE Electronics is now a subsidiary of Mitec Telecom Inc., a Canadian-based company.