latest news releases from the newsroom
Haldex Inaugurates Hungarian factory
STOCKHOLM, Sweden, Oct. 13, 2004 (PRIMEZONE) -- On Tuesday, October 12, Haldex inaugurated a newly built factory in Hungary for final assembly and testing. Sweden's Deputy Minister of Finance, Mr. Gunnar Lund and Dr. Imre Rethy, the Hungarian State Secretary at the Ministry of Economy and Transport, performed the inauguration ceremony together with Haldex group management.The establishment of the factory in Hungary, which initially comprises 20,400 m2 land with 5,750 m2 total building area, is one of several actions to improve the group's cost structure and competitiveness. Haldex production and sourcing in Hungary and other East European countries is increasing, at the same time as the group's production in Western Europe is reduced.
Skanska Sells Shareholding in Indian Subsidiary
STOCKHOLM, Sweden, Oct. 13, 2004 (PRIMEZONE) -- Skanska has signed a memorandum of understanding covering the sale of its majority shareholding, corresponding to 80.4 percent, in Skanska Cementation India Ltd. (SCI). The buyer is Thailand-based Italian-Thai Development Plc (ITD). A binding agreement is expected to be signed within the next few weeks.
Powerwave Technologies Announces Third Quarter Conference Call Information
SANTA ANA, Calif., October 12, 2004 (PRIMEZONE) -- Powerwave Technologies, Inc. (Nasdaq:PWAV) announced today that it will provide a simultaneous Webcast and live dial-in number of its third quarter ended October 3, 2004 financial results conference call on Thursday, October 21, 2004, at 9:00 AM Eastern Time. Powerwave will be releasing its third quarter 2004 financial results on Thursday, October 21, 2004, at 8:00 AM Eastern Time. To access this audio Webcast, select the Investor Relations page at www.powerwave.com and select the Powerwave Technologies Q3 earnings conference call. To listen to the live call, please dial +001 (617) 847-8705 and enter reservation number 97634188.
TalkingStocks.com Announces LocatePLUS Holdings Corp. as our 'Ask The CEO' Show for Tuesday, October 19, 2004
DALLAS, Oct. 12, 2004 (PRIMEZONE) -- John Pentony, Publisher of TalkingStocks.com, announced LocatePLUS Holdings Corporation (OTCBB:LPLHA) (OTCBB:LPLHB) (OTCBB:LPLHW) as the "Ask The CEO" show for Tuesday, October 19, 2004 at 9:00 a.m. Eastern time. "Ask The CEO" will be speaking to the President and CEO of LocatePLUS Holdings Corporation, Jon Latorella. We encourage those who have a question for Mr. Latorella to call our toll free number and leave the question as either a voice mail or a fax. This telephone line will be open between now and Sunday, October 17, 2004.
Tubac Holdings, Inc. Commences Explosive Acquisition Activity
TUBAC, Ariz., Oct. 12, 2004 (PRIMEZONE) -- Tubac Holdings, Inc. (Pink Sheets:TBAH) is a holding company that has taken a major financial position in two companies, Chef Selections and New Life Solutions. Each company is answering to the demands of its own multi-billion dollar industry. Chef Selections enters the multi-billion dollar food industry, while New Life Solutions markets nutraceuticals, which is expected to reach $21 billion by 2006.