latest news releases from the newsroom
(CORRECTION) BILIA SELLING MICRO
Bilia has signed an agreement involving the sale of the operations run by Micro
AB to a company whose principal owner is Mats Nilstoft from Malmö. The transfer
agreement presupposes that certain rental agreements can be transferred to the
buyer. The new owners will have access to these operations on 1 May.
Micro's operations have been run at a loss and Bilia has therefore guaranteed
the purchaser financial support. The sale is therefore expected to have a
negative effect on the Bilia Group's
Semcon -- Ericsson's Design and Development Partner in the Volvo Ocean Race 2005/2006
GOTEBORG, Sweden, April 25, 2005 (PRIMEZONE) -- Semcon will once again take part in developing a yacht for the world's toughest and longest yacht race, this time as the design and development partner for Ericsson's entry. The new regulations mean that the yachts in the Volvo Ocean Race 2005/2006 are both bigger and faster than in previous years, which places exceptional demands on innovative technical solutions, design, construction and IT. "These are the most extreme single-hulled yachts that have sailed around the world," says Semcon's CEO Hans Johansson. "We are proud and happy that Ericsson chose to use our unique skills to develop a winning yacht."
Metro Modern Media Starts Internet Travel Agency
BERTRANGE, Luxembourg, April 25, 2005 (PRIMEZONE) -- Metro International S.A. ("Metro"), the international newspaper group, today announced that Metro Modern Media is launching a travel agency, Metro Travel, which will offer inexpensive travel to Europe's most popular cities. Metro Travel will focus primarily on offering a simplified, inexpensive means of seeking and booking into popular hotels in Europe.
Delhaize America Enters New Credit Facility
BRUSSEL, Belgium, April 25, 2005 (PRIMEZONE) -- Delhaize Group (Euronext Brussels:DELB) (NYSE:DEG), the Belgian international food retailer, today announced that its U.S. subsidiary, Delhaize America, has entered into a new revolving credit facility.