latest news releases from the newsroom
Anders Elfner new Deputy CEO at Peab
FOERSLOEV, Sweden, March 31, 2003 (PRIMEZONE) -- Mr. Anders Elfner, 47, has been appointed Deputy CEO of Peab AB as of 1st April. He will also be a member of the Peab Group's executive Board.
Axfood Sells its Swedish Real Estate Holdings
STOCKHOLM, Sweden, March 31, 2003 (PRIMEZONE) -- Axfood: a purchase agreement has been signed by Axfood and Crown Properties Holding AB, under which Crown Properties as from April 30, is acquiring Axfood's Swedish real estate portfolio. The deal covers 93 properties, of which 18 are rented by companies in the Axfood Group. The purchase price for the properties is SEK 627 m, and the capital gain is estimated at SEK 110 m.
Volvo Aero Engine Services Signs Two Maintenance Agreements Valued More Than SEK 280 M
GOTEBORG, Sweden, March 31, 2003 (PRIMEZONE) -- Volvo Aero Services in Bromma, Stockholm, has signed two agreements on the maintenance of JT9D jet engines. The contracts, which were signed with U.S. General Electric and British MK-Airlines, are worth a total of more than SEK 280 M. The agreement with General Electric, which takes effect immediately, concerns the maintenance of 10 engines for a period of several years. The order value amounts to approximately SEK 180 M. The agreement with MK-Airlines is valid for a year with an option for extension. The order value is estimated at more than SEK 100 M per year.
Stiefel Laboratories, Inc.'s Partnership with Intentia has resulted in Improved Operational Efficiency and Regulatory Compliance across Global Operations
SCHAUMBURG, Ill., STOCKHOLM, Sweden, March 31, 2003 (PRIMEZONE) -- Intentia International AB (publ) (XSSE:INTB) (Other OTC:IAINF) today announced that Stiefel Laboratories, Inc., "gone live" with Intentia's collaborative enterprise solution, Movex, at its factories in Ireland, Singapore and Brazil. Implementation is now under way for shared services across two continents.
Modern Times Group MTG AB: Viasat Signs Agreement With NDS
STOCKHOLM, Sweden, March 31, 2003 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY) (Stockholm:MTGa), the international media group, today announced that its Viasat Broadcasting division has signed an agreement with NDS Group plc to provide conditional access technology to Viasat's DTH satellite television platform. Viasat broadcasts ten own-produced and twenty 3rd party pay TV channels direct to homes in the Nordic region (Sweden, Norway, Denmark and Finland) via satellite. The Viasat platform had 617,000 digital subscribers at the end of 2002 and MTG's pay TV operations generated operating income of SEK 352 million in 2002.
Precise Biometrics AB
Precise Biometrics and Vision Solutions Group Deliver Biometric Smart Card Solution
LUND, Sweden, March 31, 2003 (PRIMEZONE) -- Precise Biometrics AB (publ) (Other OTC:PBMTF), developer and provider of world-leading and user-friendly biometric security solutions based on fingerprints, will together with Vision Solutions Group (VSG), a systems integrator with focus on financial institutions, government and healthcare markets, deliver a biometric smart card solution to a Canadian Federal Government agency. The initial order from VSG has a total value of about US $100,000, and will satisfy several projects including the multi-hundred user implementation for the Canadian government agency.This sizable initial order for the Precise Biometrics' fingerprint reader, Precise 100 MC, provides smart card and fingerprint authentication to enhance the security of network transactions within the agency.
Sapa Expands in China
STOCKHOLM, Sweden, March 31, 2003 (PRIMEZONE) -- Sapa (Other OTC:SPKKF) continues its expansion in China. The Swedish subsidiary Sapa Profiler AB opens a new business to supply high-quality components in Shanghai. The investment is initiated immediately and Sapa Profiles (Shanghai) Ltd. is scheduled to be active from the turn of the year 2003/2004. The company will initially occupy around 20 employees.
Successful Exploration Work at Garpenberg: Lappberget Expands Boliden's Mineral Resources
STOCKHOLM, Sweden, March 31, 2003 (PRIMEZONE) -- Boliden's (TSE:BLS) (Other OTC:BDNNF) exploration program at Lappberget, Garpenberg, continues to yield good results with very high grades, especially of zinc, silver and lead. As a result of the drilling programme carried out, parts of the mineralization can now be classified as inferred mineral resources, estimated at 7.5 million tonnes. Work aimed at defining the entire Lappberget deposit continues.