latest news releases from the newsroom
Peab builds for the Bothnia Line
FOERSLOEV, Sweden, Feb. 16, 2004 (PRIMEZONE) -- Peab has won an order to build a railway embankment and two railway bridges for the Bothnia Line, just south of Ornskoldsvik. The client is Botniabanan AB and the contract is worth SEK 131 million.
Haldex wins an important engine fuel pump order and initiates production also in Europe
STOCKHOLM, Sweden, Feb. 16, 2004 (PRIMEZONE) -- Hydraulic Systems, a division in the Haldex group, has been awarded the fuel transfer pump business at one of the world's leading diesel engine manufacturer. The order value is estimated at 30 million Euro over the next five years. To support this business, fuel pump production will be initiated at Haldex plant in Hof, Germany, in addition to the current production in Rockford, Illinois, USA.
Autoliv Buys Back Stock
STOCKHOLM, Sweden, Feb. 16, 2004 (PRIMEZONE) -- Autoliv Inc. (NYSE:ALV) (SSE:ALIV) -- the worldwide leader in automotive safety systems - has re-initiated its stock repurchasing program and on Friday, February 13, bought 40.000 Autoliv shares. Of these shares 20.000 were bought in Stockholm at an average price of SEK316.59 and 20.000 in New York at an average price of $44.31.
Tele2 Launches Its Eight GSM Network In Russia
STOCKHOLM, Sweden, Feb. 16, 2004 (PRIMEZONE) -- Tele2 AB ("Tele2") (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholmsborsen:TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today announced that it has launched a GSM-network in Russia's third largest city, Nizhny Novgorod. This is Tele2's eight GSM launch in Russia.