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Glocalnet introduces prefix

GLOCALNET INTRODUCES PREFIX Starting on the 2 nd of February 1999, Glocalnet and its Swedish business partners will be offering services via the prefix 9508. In connection with the introduction of the prefix, Glocalnet will also introduce a facsimile service. Introduction of the prefix means that the code 9508 is dialed before the number of destination whereby the call is automatically connected via Glocalnet. In September 1998 the Post & Telestyrelsen (PTS), "The Swedish Postal & Telecommunications Board", introduced a new prefix system of four digits as one step towards the introduction

Skandia Investment new major owner in Connecta

Skandia Investment new major owner in Connecta Skandia Investment increased its stake in the consulting company Connecta to 23.8 per cent on 5 January 1999. Skandia Investment makes long-term investments in rapidly growing, unlisted companies with an eye on a stock market listing. The investors in Skandia Investment are Skandia Insurance Company Ltd., Skandia Life Insurance Company Ltd., the National Swedish Insurance Pension Fund (4th Board), Handelsbanken Life, Ica Finans and Orkla. "Connecta is an exciting consulting firm with impressive growth. Therefore I believe it will be possible

Restructuring of industry to continue despite less favorable market conditions

Restructuring of industry to continue despite less favorable market conditions Arnhem, the Netherlands, January 13, 1999. - Mr. Cees J.A. van Lede, CEO of Akzo Nobel, speaking to the U.K. Chemical Industry Association's Annual Business Outlook Conference in London today, said he expected continued restructuring in the chemical industry, although he qualified the economic climate as uncertain at best. Mr. Van Lede said he believed that 1999 would not be an easy year for the chemical industry. In western countries official growth rates are regularly adjusted downwards. In many sectors volume

Ericsson and China go for WCDMA cooperation

Ericsson and China go for WCDMA cooperation Ericsson has signed a memorandum of technology and industrial cooperation for WCDMA with the Ministry of Information Industry of the People's Republic of China (MII). In a first step, an Ericsson Research and Development center will be set up in Beijing. Ericsson will cooperate with the China Academy of Telecommunications Technology (CATT) by investing in a R&D center in Beijing as appointed by MII. This will facilitate knowledge transfer and further drive market acceptance and opportunities for 3G (third-generation) in China. The center will be

SCA acquisition of Rexam Corrugated Division approved by Special General Meeting of Rexam PLC shareholders

SCA acquisition of Rexam Corrugated Division approved by Special General Meeting of Rexam PLC shareholders A special General Meeting of Rexam PLC shareholders today approved SCA's acquisition of Rexam Corrugated Division. The Division, which has annual sales of approximately GBP 202 M, is being purchased for around GBP 195 M. A decision regarding EU approval of the transaction is expected from the EC merger regulation authority by 11 February 1999 at the latest. Stockholm, 13 January 1999 SVENSKA CELLULOSA AKTIETIBOLAGET SCA (publ) Corporate Communications -----------------------------------

Carl Wilhelm Ros leaving Ericsson at mid-year

Carl Wilhelm Ros leaving Ericsson at mid-year Senior Executive Vice President Carl Wilhelm Ros is leaving Ericsson at mid- year 1999 to take up other activities. CW Ros joined Ericsson in 1985 as Executive Vice President and Chief Financial Officer and has been a member of Corporate Executive Management since that time. A successor will be appointed at a later date. "During the many years in which CW Ros has been a member of Ericsson's management, Ericsson has undergone several extensive changes. With integrity and enthusiastic leadership, combined with extensive financial expertise, CW Ros

Celsius and Saab invest in systems for safer air and sea traffic

Celsius and Saab invest in systems for safer air and sea traffic Celsius and Saab are each acquiring 50% of GP&C Sweden AB from the Swedish Aerospace Corporation. GP&C Sweden AB develops and markets a system for transferring position and identity information between aircraft and ships. The acquisition will provide the companies with a strong platform for further development, manufacture and marketing in a segment that is expected to see rapid expansion in the coming years. The orientation of GP&C Sweden AB has mainly been applications in shipping. In 1998, the company had a turnover of SEK

Celsius and Saab acquire GP&C from Swedish Space Corp

Celsius and Saab invest jointly in systems for safer air and sea traffic: Celsius/Saab acquire GP&C Sweden AB from Swedish Space Corporation Celsius and Saab are each acquiring a 50-percent interest in GP&C Sweden AB from the Swedish Space Corporation. GP&C Sweden AB develops and markets a system which transmits position and identity between individual ships or aircraft. With this acquisition, the two companies are establishing a solid base for continued growth, production and marketing in a segment which is expected to expand sharply over the next few years. The business operations of GP&C

Wallenstam signs rental agreements in Nacka and Malmö

Wallenstam signs rental agreements in Nacka and Malmö Wallenstam has signed a rental agreement for 1999 for about 1,500 apartments in Nacka and about 1,100 apartments in Malmö. The agreement in Nacka covers 1,300 apartments in Orminge, where the rent increase is 3.45%, and a residential area with about 200 apartments where the increase is 7%. In Malmö, the rent increase varies between 2% and 3.2%. These rent increases will have a positive impact on Wallenstam's profit in 1999. Gothenburg, 13 January, 1999 Lennart Wallenstam Byggnads AB (publ) For further information, please contact Thomas

ISO 14001 gives environmental and cost benefits to SKF

ISO 14001 gives environmental and cost benefits to SKF ISO 14001 was formally issued in September 1996, and SKF decided later that year to aim for certification of all its manufacturing units to the new ISO standard. SKF was eligible for a single Group-wide certificate to ISO 14001, after demonstrating to the assessors that it had implemented: * a single environmental management system throughout the Group; * a corporate auditing programme for all SKF factories world-wide; * overall management of the system by Group Headquarters. Advantages of ISO 14001 The main advantages of Group

SKF Group receives global environmental certification

SKF Group receives global environmental certification The SKF Group is the first major manufacturer of bearings to receive approval according to ISO 14001, the international standard for environmental management systems. This certificate is the most comprehensive of its kind, and is issued by Lloyd's Register Quality Assurance Limited (LRQA). At a ceremony in London on Wednesday, SKF's Chief Executive Officer Sune Carlsson received the award from the head of LRQA, Ian Hodgskinson. SKF's environmental certification covers more than 60 different manufacturing units, in 17 countries in five

Swedish Match concentrates lighter production

Swedish Match concentrates lighter production - and signs agreement to acquire 40 percent of Indonesian match company Swedish Match is among the market leaders in the world market for lighters in the quality segment. Swedish Match's most important markets are Western and Eastern Europe, parts of Asia, Africa and Latin America. Production takes place in four production units, located in Manila in the Philippines, Lyon in France, Assen in the Netherlands and Manaus in Brazil. Reduced demand in Swedish Match's main markets in Asia and Russia, and increased low price competition, makes it

Allgon selected as exclusive supplier of Tower top amplifiers to E-plus in German

Allgon selected as exclusive supplier of Tower Top Amplifiers to E-plus in Germany The German mobile telephone operator E-plus has selected Allgon as exclusive supplier of Tower Top Amplifiers (TTA). The agreement runs for 2 years and the expected amount of deliveries will amount to approximately USD 2 million during 1999. E-plus worked earlier with 3 suppliers of TTA, of which Allgon was one, but has now chosen to collaborate with one exclusive supplier. - It is Allgon's high quality and reliability that has led us to choose Allgon as our only supplier, says Mr. Weigand, Purchasing Manager

AGA expands in the US

AGA EXPANDS IN THE UNITED STATES AGA has acquired Davis Welding Supply Co. Inc. in Cleveland, U.S., an independent gas and welding distributor with annual sales of approximately USD 6m. Davis Welding is a geographical complement to the other sales and service centers AGA has in the area which creates synergies and improves customer service. This acquisition is consistent with AGA's strategy to expand in the U.S. by acquiring independent distributors. The acquisition will have positive effects on the result from the beginning. For further information please contact Jan Hammarlund, Senior

ERICA web site to serve as a global hub for non-profit community building

Ericsson Internet Community award (ERICA) web site to serve as a global hub for non-profit community building Information on how non-profit organizations can more effectively use and benefit from the power of Internet communications is one of the primary services offered on the Web site for the international Ericsson Internet Community Award (ERICA) program. The ERICA, announced today, is the first-ever international awards program to provide funding and technology support for new ideas that help charitable non- profit organizations use Internet technology to strengthen their constituency-

ERICA seeks creative ideas for building Internet Communities

Ericsson Internet Community Award (ERICA) seeks creative ideas for building Internet Communities More than USD 250,000 in cash and in-kind Web development services will be donated to selected non-profit organizations that win the Ericsson Internet Community Award (ERICA), the first-ever international awards program designed to help non-profit organizations realize the power of the Internet. Sponsored by Ericsson, the ERICA runs from today through March 31, 1999. The program is seeking new and creative ideas for technology applications from non-profit organizations that take advantage of the

Gränges expanding in France

Gränges expanding in France Gränges has reached an agreement to acquire one of the largest independent extrusions companies in France, Intexalu, and the related building systems company Aluvar (later on referred to as "Intexalu"). Both companies are today owned by consortiums led by Schroders Ventures. The acquisition will be part of Gränges' business area Extrusions (Sapa), the 3 rd largest extrusion company in Europe. The acquisition will be effective as of January 1,1999. Intexalu - one of the leading suppliers in France Intexalu, founded in the 1970s, is one of the larger suppliers of

Akzo Nobel and CIRS to Cooperate

Akzo Nobel and CIRS to Cooperate Amersfoort, the Netherlands, January 11, 1999. - From January 1, 1999, the Polymer Chemicals business unit of Akzo Nobel will be a worldwide distributor for the full range of specialty additive products of CIRS SpA, which includes reactor anti-fouling agents and suspending agents. These products are marketed by CIRS under the trade names Noxol , Ethapol , DCloud , Hypol , and Active , and are mainly used in the PVC industry. Akzo Nobel will market these products together with its full line of organic peroxide initiators, which are offered by Akzo Nobel under

Lars Thalén appointed Head of Corporate Identity and Communications

Lars Thalén appointed Head of Corporate Identity and Communications MeritaNordbanken has established a new position of Senior Vice President within the Group's central administration for the development of the Group's corporate identity, brand and communications. Mr. Lars Thalén, who has been appointed to this post, will assume his responsibilities in the near future. His mandate is to lead the deepening of MeritaNordbanken's strategic positioning under Hans Dalborg, Group Chief Executive Officer. Before joining MNB, he has most recently been Managing Director of the management consultancy

Bure IT increases its holding in Santa Monica Software Finland Oy

Bure IT increases its holding in Santa Monica Software Finland Oy Bure IT has exercised its option and acquired a further 20 per cent of the shares in Santa Monica Software Finland Oy. Following the acquisition, Bure's holding amounts to 60 per cent. Santa Monica Software Finland Oy, which develops and builds advanced network systems has been part of Bure IT since October 1998. Estimated turnover for 1998 amounts to around SEK 270M. Santa Monica Software Finland Oy offers, together with products from leading suppliers such as Cisco and Ascend, extensive technical expertise within network

Production of the Volvo S80 exceeds expectations

PRODUCTION OF THE VOLVO S80 EXCEEDS EXPECTATIONS Volvo Car Corporation built 32 800 Volvo S80's in 1998, a production figure that exceeded expectations. - Start-up of production of the car has gone very smoothly, and we are now quite ready to face the challenge posed by the expansion of model choice to include five cylinder engines, says Curt Germundsson, production manager at Volvo Car Corporation. Never before, has the Volvo Car Corporation set in motion new car production so rapidly. Production of the Volvo S80 came up to volume after the industrial holidays. - In comparison, when the

SKF restructures automotive business in the Americas

SKF restructures automotive business in the Americas The SKF Group has decided to cease production of taper roller bearings in the U.S. and substantially reduce production capacity at its Brazilian plant. The measures are intended to re-establish the profitability of the Group's automotive business in the Americas. Production of taper roller bearings in the U.S. is carried out entirely at the plant in Glasgow, Kentucky and has been unprofitable for a number of years. SKF's market share for taper roller bearings in the U.S. is small and the plant has been unable to achieve the critical

AGA And Praxair sign agreements

AGA and PRAXAIR sign agreements for brown stock washing technologies and advanced air separation Praxair has signed an expanded licensing agreement for AGA's patented brown stock washing technology for the pulp and paper market in the southern and western states of the United States. AGA has signed long term agreements to purchase Praxair's membranes for the production of nitrogen and vacuum pressure swing adsorption (VPSA) plants for the production of oxygen. AGA is recognized as one of the leading industrial gas companies in pulp and paper areas, and their patented technology for the pulp

New Cheif Financial Officer of AB Volvo

NEW CHIEF FINANCIAL OFFICER OF AB VOLVO Stefan Johnsson has been appointed new chief financial officer of AB Volvo. He will succeed Jan Engström who earlier has been appointed new president of Volvo Bus Corporation. Stefan Johnsson, 39, was last year appointed member of Volvo Group Executive Committee, responsible for strategic matters and business development. He will keep these responsibilities also in his new position. Stefan Johnsson, who will assume his new position immediately, has served within the Volvo Group since 1987, including president of Volvo´s internal bank Volvo Group

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