latest news releases from the newsroom
New President of Sandvik Steel
STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Peter Gossas, Executive Vice President of Sandvik Steel and head of the company's tube and pipe division has been appointed the new President of the business sector, Sandvik Steel, effective 7 May 2002. Gossas succeeds Lars Pettersson who, effective as of the same date, has been appointed the new President and CEO of Sandvik AB, as previously announced. Lars Pettersson retains the position as President of the Sandvik Specialty Steels business area in which Sandvik Steel is included.
New President and New Chairman for Sandvik AB
STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Clas Ake Hedstrom, President and CEO of Sandvik AB, will leave his position in conjunction with the Annual General Meeting on 7 May 2002. Clas Ake Hedstrom will be 63 in July and has been employed with the company for 37 years, of which he has spent eight as President.
SEK 80 Million to Wireless Maingate
KARLSKRONA, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Wireless Maingate, the leading Scandinavian player in the machine-to- machine market (M2M), is to receive SEK 80 million from a new share issue to BrainHeart Capital and Catella. Since this past summer a total of SEK 110 million has been invested in Maingate.
Haldex Completes Acquisition
STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- After clearing by the relevant authorities, Haldex has per January 14, 2002, completed the acquisition of the brake chamber and suspension valve businesses from Holland Neway International, Inc.
Nocom Makes Business Integration Accessible to More Swedish Companies
UPPSALA, Sweden, Jan. 16, 2002 (PRIMEZONE) -- TIBCO Software (Nasdaq:TIBX) has launched its solution for making integration technology accessible to the great majority of companies. TIBCO BusinessWorks(tm) is a package solution for implementing a framework for business integration. It is a complete and easily used platform that provides companies with the capabilities to quickly resolve their integration needs. Nocom AB (publ), which has worked closely with TIBCO since November 2001, sees major business advantages in the new product.
Dimension Signs Agreement with Trebruk
BROMMA, Sweden, Jan. 16, 2002 (PRIMEZONE) -- The IT integrator Dimension has signed a multi-year operations agreement with one of Europe's leading producers of fine paper, Trebruk AB. The agreement, which covers the Swedish-based group's entire IT infrastructure, is worth approximately SEK 5 million.
Enea Realtime Gives Notice to 60 Persons in Stockholm
TABY, Sweden, Jan. 16, 2002 (PRIMEZONE) -- The Chief Executive Officer of Enea Data AB states that the subsidiary Enea Realtime gives notice to 60 persons in Stockholm. Local offices in other districts will not be affected. The reduction of staff means an adaptation to a smaller market in the Stockholm area and it also implies a focus on our most important competence areas.
Hi3G Sponsors Swedish Football and Acquires the Rights to Provide Content to Mobile Terminals
STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Today, Hi3G announced that the company has reached an agreement with ISPR regarding sponsorship of Allsvenskan, Damallsvenskan, Superettan and Svenska Cupen. As part of the agreement Hi3G secures the exclusive rights to provide sports content to mobile phones and wireless devices for all the above series and for the home games of the Swedish National Teams in Football and matches in Sweden in the UEFA cup.