latest news releases from the newsroom
Ratos Divests its Hilton Shareholding
STOCKHOLM, Sweden, March 22, 2002 (PRIMEZONE) -- Ratos (Stockholm:RATOa.ST) today announced that it has sold its total shareholding in Hilton Group plc(Pink Sheets:HLTGY) -- a shareholding, which was received as a part of the payment for Scandic Hotels in April 2001. Hilton has agreed with Ratos AB on an early release from the lock-up on the shares.
AB Volvo Trucks Deliveries for February 2002
STOCKHOLM, Sweden, March 22, 2002 (PRIMEZONE) -- Deliveries from Volvo's (Nasdaq:VOLVY) truck operations, which comprises Volvo Trucks, Mack Trucks, and Renault Trucks, amounted to 20,530 trucks year to date compared with 26,017 trucks last year, a decrease of 21%. In Europe deliveries decreased by 21% to 13,297 while 3,983 trucks were delivered in North America, down by 40%. Asia is still showing good momentum with an increase of 80% compared to last year's period.
ReadSoft: German SAP User Implements INVOICES
STOCKHOLM, Sweden, March 22, 2002 (PRIMEZONE) -- Emons Spedition GmbH, an international logistics company based in Cologne, has purchased ReadSoft's software INVOICES to process incoming invoices. Approximately 100,000 incoming invoices will be scanned, interpreted and verified annually. Emons Spedition is the first SAP R/3 user in Germany to implement ReadSoft's SAP-validated INVOICES solution.
TietoEnator to Implement the Digiroad Data System for the Finnish Road Administration
ESPOO, Finland, March 22, 2002 (PRIMEZONE) -- TietoEnator Oyj has signed an agreement with Finnra, the Finnish Road Administration, on designing and implementing the Digiroad data system. The data system is part of a project with the objective of creating a single register covering the entire road and street network of Finland to form the basis for telematic traffic services. The register will be at the disposal of service providers as they develop their services and provide them for businesses, the public sector and individual motorists. The development work is based on the results of the definition project implemented by TietoEnator last year.
Statoil ASA: Snohvit Still Unclarified
OSLO, Norway, March 22, 2002 (PRIMEZONE) -- Statoil (OSE:STL) (NYSE:STO) has been informed that the position between the Norwegian government and the Efta Surveillance Authority (ESA) on the Snohvit development in the Barents Sea remains unclarified.
Frontec Signs Global Agreement with Alfa Laval
SOLNA, Sweden, March 22, 2002 (PRIMEZONE) -- Frontec and Alfa Laval have signed a three-year agreement on integration solutions. The agreement, which makes Frontec a global supplier of integration services and software to Alfa Laval, is worth approximately SEK 6 million.
Annual General Meeting of Skandia
STOCKHOLM, Sweden, March 22, 2002 (PRIMEZONE) -- Shareholders of Skandia Insurance Company Ltd. (publ) are hereby summoned to the Annual General Meeting on Wednesday, April 17, 2002, at 4.30 p.m. (Swedish time). Location: the Congress Hall, Folkets Hus, Barnhusgatan 12-14, Stockholm, Sweden.