latest news releases from the newsroom
Q-Med Opens Subsidiary in Spain
UPPSALA, Sweden, March 4, 2002 (PRIMEZONE) -- The Swedish company Q-Med has started a subsidiary in Spain with the head office in Madrid. The decision is fully in line with Q-Med's strategy of establishing its own subsidiaries in major and strategically important markets.
Sigma Selected As Prioritized Supplier Again for Volvo IT
STOCKHOLM, Sweden, March 4, 2002 (PRIMEZONE) -- Sigma has signed a cooperation agreement with Volvo IT covering consulting services in the IT field. The agreement provides Sigma the potential to substantially increase the number of assignments for Volvo IT.
Frontline Ltd.: Capital Adjustments
OSLO, Norway, March 4, 2002 (PRIMEZONE) -- Two employees of Frontline Ltd. (NYSE:FRO) have exercised options to acquire a total of 15,000 shares in Frontline. All shares have been acquired at a strike price of NOK 30.83 per share. Total proceeds were NOK 462,450.
New offices for OM in Stockholm's Frihamnen District
STOCKHOLM, Sweden, March 4, 2002 (PRIMEZONE) -- To secure OM's development and expansion in the city of Stockholm, OM has been negotiating for some time with the City of Stockholm for the purchase of a property known as the Ford Building, in the Frihamnen district of Stockholm. OM has now purchased the property, which currently comprises an area of 22,000 m(2), for the sum of SEK 236 million. At the same time OM has agreed to sell the property on to Wihlborgs Fastigheter AB for the same price and with an attached leasehold agreement of 10 years. The deal between OM and the City of Stockholm also includes the transfer, to the City of Stockholm, of the leasehold of the old Stock Exchange building in the city's Old Town district.