latest news releases from the newsroom
Haldex strengthens presence in India
STOCKHOLM, Sweden, Jan. 23, 2004 (PRIMEZONE) -- Haldex and its joint-venture partner in India, the Anand Group, have agreed to expand and strengthen the activities at the jointly owned company Haldex India by adding new technologies and products for local production and by relocating some of Haldex manufacturing activities to India in order to take advantage of low-cost country sourcing.
NutraCea Expands on Its Business Model on WallSt.Net
EL DORADO HILLS, Calif., Jan. 23, 2004 (PRIMEZONE) -- NutraCea (OTCBB:NTRZ), a leading nutraceutical research and development company, is featured on WallSt.Net, an open network financial community. Other featured companies include United Parcel Service (NYSE:UPS), ADC Telecommunications, Inc. (Nasdaq:ADCT) and Biophan Technologies, Inc. (OTCBB:BIPH).
H. Lundbeck and Pharmexa enter into option agreement
HORSHOLM, Denmark, Jan. 23, 2004 (PRIMEZONE) -- H. Lundbeck and Pharmexa have entered into an option agreement, whereby H. Lundbeck will invest DKK 10 million on the same terms as other shareholders in Pharmexa in the coming financing round, if Pharmexa decides to exercise the option.
Cloetta Fazer Signs New Agreement With the Company's Norwegian Distributor
STOCKHOLM, Sweden, Jan. 23, 2004 (PRIMEZONE) -- Cloetta Fazer has signed a new long-term distribution agreement with Brynild Salg A/S for the continued sale of Cloetta Fazer's products in Norway. At the same time, both parties have agreed that the principal owner Brynildsens Fabrikker A/S will take over Cloetta Fazer's holding, corresponding to 60 per cent of the share capital and 42.9 per cent of the votes in Brynild Salg.
Proha Plc -- New CEO Appointed to Artemis-Group
HELSINKI, Finland, Jan. 23, 2004 (PRIMEZONE) -- Artemis International Solutions Corporation (AISC), sub-group of Proha Plc, has appointed a new CEO. The Board of Directors of AISC has appointed Patrick Ternier as the new CEO and President with immediate effect. Mr. Ternier has previously been responsible for the Artemis International France and Germany.