latest news releases from the newsroom
Mats Williamson Appointed New President of Skanska Sweden
STOCKHOLM, Sweden, Sept. 26, 2002 (PRIMEZONE) -- Mats Williamson is to become the new President of Skanska Sweden. He succeeds Anders Elfner, who has decided to leave Skanska (Stockholm:SKAb). Mats Williamson is 44 years old and has worked within Skanska since 1981. His most recent posting has been as President of Skanska International Projects.
Hydro's Agri Activity in Denmark to be Divested
OSLO, Norway, Sept. 26, 2002 (PRIMEZONE) -- The publicly quoted Danish company, Korn og Foderstof Kompagniet (KFK) (Copenhagen:KORN), in which Norsk Hydro (NYSE:NHY) has a 68.8 percent ownership interest, today announced that an agreement has been signed whereby a considerable share of the company's business operations will be taken over by a consortium within the Danish agricultural cooperative sector.
Frontline: Mandatory Notification of Trade
HAMILTON, Bermuda, Sept. 26, 2002 (PRIMEZONE) -- Hemen Holdings Ltd. has, through market purchases on September 25, acquired 250,000 shares in Frontline Ltd. The shares have been acquired at an average price of NOK 28.29. Hemen Holdings Ltd. owns after this, 34,829,054 shares in Frontline Ltd., equivalent to 45.5% of all oustanding shares.
Artimplant and Molnlycke Health Care Sign Licensing Agreement Within the Area of Wound Care
STOCKHOLM, Sweden, Sept. 26, 2002 (PRIMEZONE) -- Artimplant AB (Stockholm:ARTIb)and Molnlycke Health Care AB have today signed a collaboration and licensing agreement concerning the joint development of new, highly-advanced products for the treatment of chronic wounds and burns based on Artimplant's patented technology of biodegradable polymer materials. The companies have been working over the past three years on a joint research project evaluating the potential for the development of these products. This project is now entering its final stage. The next step involves process development which will be instituted immediately and will then be followed by clinical studies. It is expected that it will be possible to launch the first product onto the market in 2006.
GN Store Nord
GN Netcom and Siemens Sign OEM Partnership
COPENHAGEN, Denmark, Sept. 26, 2002 (PRIMEZONE) -- Siemens has appointed GN Netcom as an OEM supplier of Bluetooth(TM) headsets. GN Netcom's technology has been combined with the Siemens brand into a 28 gram headset, which fits directly on the ear. The products are expected to ship from the fourth quarter of this year.
TietoEnator Signs Partnership Agreement with Ericsson
ESPOO, Finland, Sept. 26, 2002 (PRIMEZONE) -- TietoEnator and Ericsson (Nasdaq:ERICY) have today signed a partnership agreement meaning that TietoEnator takes over parts of the activities within Ericsson's product development operations within fixed networks and mobile systems. 860 employees at Ericsson in Karlstad, Lulea, Umea and Skelleftea will be transferred to TietoEnator who thereby consolidates its position as the Nordic regions' leading provider of research and development (R&D) services for the telecom industry.
Hexagon is Strengthening Its Leading Position in Norway
NACKA STRAND, Sweden, Sept. 26, 2002 (PRIMEZONE) -- Hexagon Automation, a business area within the Hexagon Group, has through its Norwegian subsidiary, Servi Motion Control AS, signed an agreement with Cylinderservice AS to acquire the operation and all fixed assets of the Cylinderservice plant in Rissa, Norway. Servi Motion Control has held a minority stake of 19 per cent in the company since 1992.
Addtech Acquires R&K Gruppen
SOLNA, Sweden, Sept. 26, 2002 (PRIMEZONE) -- Bevinggruppen AB, a unit within the Addtech Group, has concluded an agreement to acquire R&K gruppen in Taby. R&K gruppen consists of three operating companies with aggregate revenues of MSEK 100.