latest news releases from the newsroom
Wilhelm Sonesson's Information Memorandum Published
LUND, Sweden, April 18, 2002 (PRIMEZONE) -- As previously announced, the Board of Wilh. Sonesson has decided that it will propose to the Annual General Meeting, to be held on April 24, 2002, a division of operations into two separate companies, Wilh. Sonesson Consumer Healthcare and Active Capital and to distribute the holding in Optilink among Wilh. Sonesson's shareholders. The reason is to create better conditions for the company and generate greater value for the shareholder.
Skandia's Annual General Meeting
STOCKHOLM, Sweden, April 18, 2002 (PRIMEZONE) -- At Skandia's Annual General Meeting on April 17, 2002, in accordance with the recommendation of the Nominating Committee, Melker Schorling (currently serving as a policyholder representative on Skandia's board) was elected as a new director on Skandia's board. In addition, Lars Ramqvist, Eero Heliovaara and Willem Mesdag were re-elected as directors. All of these directors were elected for terms extending through the 2004 Annual General Meeting.
Skanska Leases Premises in Sundbypark to World-Leading Company
STOCKHOLM, Sweden, April 18, 2002 (PRIMEZONE) -- Skanska and ITT Flygt, one of the world's leading pump manufacturers, have signed a leasing agreement for the second stage of Skanska's newly developed Sundbypark corporate office complex in Sundbyberg, north of Stockholm, Sweden.
Telia Mobile Streamlines Operations in Finland
STOCKHOLM, Sweden, April 18, 2002 (PRIMEZONE) -- Telia Mobile is streamlining its Finnish operations to create increased efficiency and profitability in the Nordic market. Personnel negotiations will be conducted with approximately 85 employees at Telia Mobile Finland aimed at improving profitability in the Finnish operations.
Cardo Signs a Preliminary Agreement Regarding Sale of Its Business Area Rail
MALMO, Sweden, April 18, 2002 (PRIMEZONE) -- Cardo has entered into a Preliminary Agreement with Vestar Capital Partners according to which Vestar shall acquire the business area, Cardo Rail, from Cardo. The intention of the Parties is to enter into a definitive sale and purchase agreement as soon as contract negotiations and the due diligence have been completed.
Studsvik Negotiates Cooperation in the DOE Market
STOCKHOLM, Sweden, April 18, 2002 (PRIMEZONE) -- Studsvik AB and a major American company are in the final phase of negotiating a cooperation to utilize Studsvik's THOR technology on waste materials which are in the possession of the U.S. Government including U.S. Department of Energy (DOE).
Tele2: Notice of Annual General Meeting
NEW YORK and STOCKHOLM, Sweden, April 18, 2002 (PRIMEZONE) -- Tele2 AB, ("Tele2", "the Group") (Nasdaq:TLTOA) (Nasdaq:TLTOB) and (Stockholmsborsen:TEL2A) (Stockholmsborsen:TEL2B), the leading alternative pan-European telecommunications company, today announced that the Shareholders of Tele2 AB (Publ) are hereby notified that the Annual General Meeting will be held on Thursday, May 16, 2002 at 1:30 P.M. at Gamla Stans Bryggeri, Tullhus 2 at Skeppsbron inStockholm.
Atlas Copco Acquires Chinese Compressor Company Liutech
STOCKHOLM, Sweden, April 18, 2002 (PRIMEZONE) -- Atlas Copco (China) Investment Company Ltd. has signed a purchasing contract to acquire the Chinese compressor manufacturer Liuzhou Tech Machinery Co. Ltd. (Liutech). The company has annual revenues of about MSEK 100 (ME 11) and 190 employees. The purchase price was not disclosed.