latest news releases from the newsroom
Global Diversified Industries, Inc.
Global Diversified Industries, Inc. Acquires Private Contracting Firm Assets Valued at Over $200,000, Increasing Manpower, Resources and Profitability
CHOWCHILLA, Calif., April 5, 2004 (PRIMEZONE) -- Global Diversified Industries, Inc. (OTCBB:GDVI), a company focused on the modular building industry with emphasis on the education market, is pleased to announce closing the acquisition of the assets of Grossman Construction, valued at approximately $200,000.
AGM 2004 Billerud AB (publ)
STOCKHOLM, Sweden, April 5, 2004 (PRIMEZONE) -- Shareholders of Billerud AB (publ) are hereby invited to attend the Annual General Meeting at 4 p.m. on Wednesday 5 May 2004 at Aula Magna, Stockholm University, Frescati, Stockholm, Sweden.
BOWE SYSTEC AG
In the Financial Year 2003 BOWE SYSTEC Achieves New Highs in Turnover and Net Profit - Proposed Eur 1.25 Dividend
AUGSBURG, Germany, April 5, 2004 (PRIMEZONE) -- In 2003 the BOWE SYSTEC Group once again enjoyed a very successful financial year. As the Board of Directors reported at today's closing accounts press conference called by the specialists in high-performance inserting systems and associated services, BOWE SYSTEC achieved the highest turnover and group net profit since the group was established. In the financial year 2003 the group achieved a leap in turnover, based on investment, of 69% to EUR 346.4 million, from EUR 204.6 million in 2002. The net earnings of EUR 16.2 million mean a growth of 16% on the previous year's figures. The growth in results was adversely affected by the clear exchange rate loss from the US$ to the Euro and by one-off expenditure on the integration of the 50% participation in BOWE Bell + Howell, USA.
Lidkoping Receives Large Order from China
UPPLANDS VASBY, Sweden, April 5, 2004 (PRIMEZONE) -- The KMT Group, continues its success on the Chinese market with a large new order to the subsidiary Lidkoping Machine Tools AB.
Electrolux annual report now on the Group's website
STOCKHOLM, Sweden, April 05, 2004 (PRIMEZONE) -- The Electrolux (Nasdaq:ELUX) Annual Report for 2003 is available on the Group's website as of today, at www.electrolux.com/annualreport2003. The printed version is now being distributed and can also be ordered from Electrolux Investor Relations at +46 8 738 60 03.
Press Release from Skandia and Skandia Liv
STOCKHOLM, Sweden, April 05, 2004 (PRIMEZONE) -- Skandia and Skandia Liv have made an agreement in principle that the matter of any prohibited profit distribution in connection with Skandia's sale of its asset management business to Den norske Bank will be adjudicated by an arbitration board.
Tele2 Launches its Ninth GSM Network in Russia
NEW YORK and STOCKHOLM, Sweden, April 5, 2004 (PRIMEZONE) -- Tele2 AB ("Tele2") (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholmsborsen:TEL2A) (Stockholmsborsen:TEL2B), the leading alternative pan-European telecommunications company, today announced that it has launched a GSM-network in Kursk, its ninth in Russia under the Tele2 brand.