latest news releases from the newsroom
Call Options for Senior Executives at Semcon AB
GOTEBORG, Sweden, July 03, 2002 (PRIMEZONE) -- The Board of Semcon AB (publ) has today decided to issue call options to 13 of the company's senior executives. The aim of the options scheme is to further strengthen the commitment of individual staff to Semcon's future growth. The options scheme will mean the parties concerned and shareholders will have the same goals, as a percentage of employees' remuneration will be tied to the company's long-term growth in value. The options scheme has been drawn up by the Semcon AB Board. Semcon's CEO, Hans Johansson, has not participated in the preparations and the decision regarding the options scheme.
Metso to Supply Major Rebuild for Gaspesia Papers, Canada
HELSINKI, Finland, July 3, 2002 (PRIMEZONE) -- Metso Paper will supply a major rebuild of on-line printing and writing super-calendered coated paper line to Gaspesia Papers in Chandler, Quebec. The rebuild, which will cover all the main sections of paper line, will be completed by mid-2004. The value of the order is not disclosed.
Ratos: Repayment from Telia Overseas
STOCKHOLM, Sweden, July 3, 2002 (PRIMEZONE) -- Following an earlier decision to reduce the share capital in Telia Overseas, shareholders were today paid a total amount of SEK 3,105m. Ratos, with its approximately 9% holding, received a payment of SEK 272m.
Capio and Siemens Form Strategic Partnership
GOTHENBURG, Sweden, July 3, 2002 (PRIMEZONE) -- Capio has reached a long-term supply agreement with Siemens Medical Solutions, which will increase cooperation between the companies in the radiology area. The five-year agreement is expected to provide significant benefits for Capio Diagnostics' investment programme for radiology equipment.
Two Pioneers of Environmental Economics are Awarded the 2002 Volvo Environment Prize
GOTEBORG, Sweden, July 3, 2002 (PRIMEZONE) -- The 2002 Volvo Environment Prize is awarded to Professor Sir Partha Dasgupta and Professor Karl-Goran Maler, two economists of international distinction, for their outstanding and pioneering contributions to several fields of environmental and resource economics. Together they have made contributions of enormous consequence for understanding the relationship between development, environment and poverty
American CSC Buys ReadSoft's Solution for Invoices Processing
STOCKHOLM, Sweden, July 3, 2002 (PRIMEZONE) -- Computer Sciences Corporation (CSC) Shared Services in the United States, has decided to implement ReadSoft's software INVOICES to process their vast amounts of invoices. The deal is initially worth USD 250,000 and is expected to grow during the year.