latest news releases from the newsroom
Wihlborgs Sells Five Properties for SEK 394 Million at a Profit of SEK 67 Million
STOCKHOLM, Sweden, May 12, 2003 (PRIMEZONE) -- Wihlborgs has sold four properties in Malmo and one property in Stockholm for SEK 394 million at a total profit of SEK 67 million. The profit will be included in the result for the second quarter of 2003. The property in Stockholm and one of the properties in Malmo were acquired by newly formed housing cooperatives/condominiums. The other properties were acquired by private investors.
ParthusCeva SmartCores(TM) are Foundation of Wireless Modems from Korea's EoNex
SAN JOSE, Calif., May 12, 2003 (PRIMEZONE) -- ParthusCeva, Inc. (Nasdaq:PCVA) (LSE:PCV) the leading provider of licensable Digital Signal Processor (DSP) cores and platform-level IP to the semiconductor industry, together with EoNex Technologies, Inc., a Korean semiconductor company, today announced that EoNex is basing its 2G, 2.5G and 3G wireless modem chips on ParthusCeva's TeakLite(R) DSP Core. EoNex's TeakLite-powered modems chips are used with current and future generation cellular standards including CDMA, W-CDMA, and CDMA2000.EoNex targets the fast emerging Korean and Chinese wireless handset developers and manufacturers with its modems based on ParthusCeva's programmable TeakLite DSP core. TeakLite enables the development of low power handset modems and is an optimum solution for the modem functionality, low-power speech and audio processing required by mobile and communication devices.
Vodafone Sverige AB
New Subscription Forms Mean more Choice for Vodafone's Customers
STOCKHOLM, Sweden, May 12, 2003 (PRIMEZONE) -- Vodafone Sweden (NYSE:VOD) is now introducing two new subscription forms -- Vodafone 60 and Vodafone 120 -- which make it easier for customers to make decisions concerning their mobile lifestyle and costs. Among other things, Vodafone's customers can, when buying a new mobile phone, regulate its price themselves and subscribe to SMS and data packages that offer lower prices for text messages and data traffic.
Nordea sells Additional Properties in Denmark
STOCKHOLM, Sweden, May 12, 2003 (PRIMEZONE) -- Nordea (Other OTC:NRDAF) (Other OTC:NRDEF) has as a next step in the ongoing process of reducing its real estate exposure sold most of its remaining properties in Denmark to a consortium consisting of PensionDanmark, Laegernes Pensionskasse and Nordea Pension.
Stockholmsborsen: Considerable Interest in Liquidity Providers
STOCKHOLM, Sweden, May 12, 2003 (PRIMEZONE) -- The new system of liquidity providers is being introduced on Stockholmsborsen today and, to date, 13 listed companies have decided to use a liquidity provider. The system is designed to create the conditions for more liquid trading that will result in lower costs and reduced risks for investors. Nine members of Stockholmsborsen, that is, banks and brokers, have signed agreements with the Exchange under which they will act as liquidity providers.
Anoto Group: Proposal Regarding Election of Board of Directors
LUND, Sweden, May 12, 2003 (PRIMEZONE) -- The Nomination Committee of Anoto Group (Other OTC:AOTOF) has informed the Company of its intention to set forth the following proposal concerning election of Board Members and remuneration for the Board at the forthcoming Annual General Meeting on May 15, 2003. Shareholders representing approximately 40 percent of the total number of votes in Anoto Group have expressed their intention to endorse the proposal.
TeliaSonera sells Telia Mobile Finland to Finnet Oy
STOCKHOLM, Sweden, May 12, 2003 (PRIMEZONE) -- TeliaSonera (Nasdaq:TLSN) (LSE:TLSNq) has agreed to sell Telia Mobile Finland to Finnet OY (DNA Finland OY, Finnish 2G OY and Suomen 3P OY). The disposal of Telia Mobile Finland has been required by the EU for approval of the merger between Telia (Nasdaq:TLSN) and Sonera (Other OTC:SNRAY) (Other OTC:SNEAF) (Other OTC:SNRAF).