SODERTALJE, Sweden, Dec. 13, 2002 (PRIMEZONE) -- At present, awards are raining down on Scania (NYSE:SCVa) (NYSE:SVCb) in Brazil. Last month, Scania was voted the truck industry's "Most Admired Company" by the leading business magazine Carta Capital, and the Brazilian haulage association, NTC, has now voted Scania the winner in its category of "Best heavy truck manufacturer" for the fifth year in a row.
The NTC (Associacao Nacional do Transporte de Cargas) award has gone to Scania for its proven leadership in the areas of quality, technology, service and pricing. The award was the result of a vote by all of the association's member companies.
Just a few weeks earlier, Scania was voted "Most Admired Company" by the leading Brazilian business magazine Carta Capital. In its verdict, the magazine referred particularly to Scania's strong brand, innovativeness and spirit of corporate citizenship.
Commenting on the awards, Emanuel Queiroz, head of Scania's marketing operations in the Brazilian market said: "These awards are an acknowledgement of the 45 years that Scania has been operating here in Brazil. The Scania name has become synonymous with the best truck on the market, both among people in the industry and among Brazilian corporate leaders in general."
Scania has built and sold 170,000 trucks and buses in Latin America -- most of them in Brazil -- since 1957. About 110,000 of these are still in service.
Scania's production plants in Sao Paulo, Brazil, Tucuman, Argentina and San Luis Potosi, Mexico are part of the company's global production network, and also supply vehicles and components to the European, African and Asian markets.
Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 28,300 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 2001, turnover totalled SEK 53,000 million and the result after financial items was SEK 1,500 million. Scania products are marketed in about 100 countries worldwide and some 95 percent of Scania's vehicles are sold outside Sweden. Scania press releases are available on the Internet, www.scania.com
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