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Changes in Cardo group management

Peter Möller is leaving his post as head of the Industrial Door field within Cardo Door. Until a new head of the field takes over, Cardo’s president and CEO Peter Aru will hold the post. Fredrik Groth has been appointed new head of the Pump field within Cardo Pump and a member of Cardo’s group management team. Fredrik Groth comes from the post as CFO of Pump. He is taking over responsibility as head of the field after Peter Aru, who was appointed president and CEO on April 21 this year. Ove Bergkvist, who is in charge of business development at Cardo AB, is acting head of the Garage Door

New IR contact

Håkon Volldal (29) has been appointed as investor relations responsible in TOMRA. He will combine his current responsibilities within business development with his new IR role. Fredrik Witte, who is the current IRO, will overlap with Mr. Volldal in the coming months prior to taking on new responsibilities as CFO in Tomra North America.   Mr. Volldal's contact information is:   Telephone (work):       +47 66 79 92 29 Telephone (mobile):     +47 97 71 99 73 Fax:                             +47 66 75 24 50 E-mail:             hakon.volldal@tomra.no

Semcon continues international expansion setting up company and design office in Hungary

Semcon is continuing its international expansion and setting up a new design office in Budapest, Hungary. Positions were initially offered within Semcon’s Design & Development and Informatic business areas, and ten consultants have already been employed.“This is yet another important step in our international expansion strategy and to be where our customers have their development business,” says CEO Hans Johansson. “Setting up in Hungary also means that we can quickly meet our customers’ requirements for specialist solutions at an even more attractive price. This will be a complement to the

SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE 2002 SERIES C AND SERIES D SHARE OPTIONS FROM MAY 6 TO

YIT CORPORATION STOCK EXCHANGE ANNOUNCEMENT June 16, 2005 12:30SUBSCRIPTION FOR YIT SHARES BY EXERCISING THE 2002 SERIES C AND SERIES D SHARE OPTIONS FROM MAY 6 TO JUNE 15, 2005After the previous entry in the Trade Register on May 6, 2005 a total of 102,800 YIT shares were subscribed for on the basis of the Series C share options and a total of 222,738 shares on the basis of the Series D share options by June 15, 2005.Each share option entitles its holder to subscribe for two YIT Corporation shares having a nominal value of one euro. The subscription price with the Series C options is EUR 6.

NCC sells company in Swaziland

NCC International Denmark A/S has sold its majority shareholding in Inyatsi Construction Ltd, a company based in Swaziland. The purchaser is the current minority shareholding Litfole Lenyatsi Ltd and the sale will give rise to a minor capital loss of approximately SEK 13.5 million.The sale of Inyatsi is a feature of efforts to discontinue the NCC International Projects business area and to concentrate NCC’s operations to the countries around the Baltic Sea. Inyatsi mainly engages in road construction in Swaziland, in many cases on behalf of the World Bank or Nordic aid organizations. The

Extraordinary General Meeting adopts resolutions for payment of approximately SEK 590 M to shareholders through redemption of shares

On 27 April 2005 the Annual General Meeting of Intrum Justitia AB (publ) resolved to implement a share redemption offer with a right for the shareholders in Intrum Justitia to redeem shares in the company against cash payment of SEK 84 per share. During the application period, 7,029,353 shares in Intrum Justitia were tendered for redemption, representing an acceptance level of 99.25 percent, corresponding to a value of approximately SEK 590 million. In accordance with the proposal of the Board of Directors, the Extraordinary General Meeting has today adopted the following resolutions

Mandator signs general agreement with the Swedish Prison and Probation Service.

Mandator has signed a general agreement with the Swedish Prison and Probation Service in Norrköping. The agreement runs for two years and qualifies Mandator as a complete supplier.Mandator has carried out assignments for the Swedish Prison and Probation Service since the early 1990s."We are happy and proud of this agreement. We view this as confirmation that we deliver services of a high quality and we are expecting continued good co-operation with the Swedish Prison and Probation Service," says Nils-Göran Wiréhn, Unit Manager at Mandator in Linköping.The open negotiations covered

New boost for advanced Aker Kvaerner drilling systems

The drilling package will consist of a dual version of the RamRig, an advanced drilling system developed by Aker Kvaerner. Several systems have been delivered so far, proving to enable significantly more efficient drilling operations compared with conventional systems, particularly in deep waters. The rig operator Smedvig, who will operate the new rig on behalf of Eastern Drilling, is one of the clients for previous RamRig deliveries.  Aker Kvaerner considers the growing market for new state of the art drilling units as promising                                           .

SKF becomes the main partner of Gothia Cup

SKF will be the main partner of the world's biggest soccer tournament for girls and boys, Gothia Cup, for 3 years from 2006.When SKF looked for activities to celebrate its 100-year anniversary, Gothia Cup came up as a natural working partner. - SKF is a truly global company reaching out to people all over the world. Our products are found in all kinds of industries, households, vehicles and many sports. SKF also plays an active role in all the communities in which we operate, says Tom Johnstone, President and CEO of SKF. Through Gothia Cup, SKF will at the same time support today's young

Orkla takes over Collett Pharma

The Collett Pharma shares will be taken over from Ferd Private Equity Fund (FPEF), which bought the company from Nycomed Pharma eighteen months ago. FPEF has also taken over Pronova Biocare from Norsk Hydro. As part of the transaction, Orkla will take over Pronova's European consumer business.   Collett Pharma has 49 employees, 40 of whom are in Norway. Operating revenues are expected to be around NOK 350 million in 2005. The company has achieved good growth in recent years.   "As an overall strategic priority, Orkla has chosen to increase its focus on health and nutrition.

Europe must do better to combat late payment

“Job creation and better regulation are two main EU challenges today. Payment made on time is a crucial prerequisite for the survival of all businesses, especially small firms and entrepreneurs,” said Leif Hallberg, public affairs director at Intrum Justitia Group, when he presented the results from the 2005 European Payment Survey in Brussels today. He added that, “Europe must do better to counter the negative late payment habits." The latest pan-European business survey carried out by Intrum Justitia, Europe’s leading credit management services company, reveals that the existing legal

Volvo Aero and Snecma sign partnership agreement for development of TPX turbo pump

Volvo Aero and Snecma have signed a partnership agreement to develop a turbo pump for next-generation rocket engines. The TPX demonstration program that is now starting will result in a full scale test in 2007. The TPX activities are performed under contracts from the Swedish National Space Board (SNSB) and its French counterpart Centre National d'Etudes Spatiales (CNES). Volvo Aero’s contract for the initial design phase of the turbine is valued at more than EUR 2 M.Volvo Aero will be responsible for development of the turbine, while Snecma, the turbopump integrator, will handle

Volvo Aero signs contract with Snecma covering series production of nozzles and turbines

Volvo Aero has signed a contract with Snecma involving series production of nozzles and LH2 turbines for the Vulcain 2 engine on some 30 Ariane 5 rockets.The five-year contract is valued at about EUR 30 M. Deliveries began this year and will continue through 2010. “It is highly pleasing that we received the contract since it secures our basic production in the years immediately ahead”, says Torgny Stenholm, Vice President Space Markets and Programs at Volvo Aero. Volvo Aero has been involved in the development of the Vulcain engine and had series deliveries for engines since 1994. In total,

TeliaSonera International Carrier signs 3-year Global IP-transit agreement with DANTE

Internet is an important tool to millions of European students. TeliaSonera International Carrier has signed a 3-year agreement with DANTE, the operator of the GÉANT2 network, to further increase their global IP connectivity to the European research community.TeliaSonera International Carrier will be the main provider to DANTE with high quality Internet connectivity. The multi-million Euro agreement includes delivery of 10 high capacity IP transit ports across Europe and the establishment of a new connection providing DANTE with IP Transit capacity in Budapest. The total connected capacity

Nobia starts selling DIY kitchens in Finland

In mid-June, Nobia's Finnish subsidiary Novart will start selling flat-pack kitchens under the name "Netto-keittiöt" (Net kitchen). The first store will open in the Helsinki area and will be followed in the second half of 2005 by a store in Lahti. There are plans to open around a dozen stores throughout Finland over a five-year period. The stores will have a floor area of 500-700 square meters.   Novart has sold fitted kitchens for some years under the Petra, Parma and À la Carte brands and has a market share in Finland of around 30 per cent. The Finnish kitchens market is estimated

Stockholm Stock Exchange’s Disciplinary Committee warns Citigroup

Citigroup Global Markets Limited, London, has breached the rules that state that a party who acquires 5 percent or more of the shares in a company must disclose the acquisition. The company acquired more than 5 percent of the shares in Lindex AB without openly disclosing the acquisitions. Accordingly, Stockholm Stock Exchange’s Disciplinary Committee has decided to warn the company.Citigroup is a member of Stockholm Stock Exchange. Exchange Members must abide by the Swedish Industry and Commerce Stock Exchange Committee’s disclosure rules, which require disclosure of the acquisition and

DISCLOSURE NOTICE regarding SKANSKA

Industrivärden has called for the conversion of 2,302,756 Class A shares in Skanska to a corresponding number of Class B shares. The conversion re-duces Industrivärden’s share of votes in Skanska from 29.3% to 26.9%. Following the completed conversion, Industrivärden’s holding in Skanska is shown in the table below: Holding Number Capital (%) Votes (%) Skanska A: 15,000,000 3.6 24.1 Skanska B: 17,299,756 4.1 2.8 Skanska A and B: 32,299,756 7.7 26.9 Stockholm, Sweden, June 16, 2005 AB INDUSTRIVÄRDEN (publ) For further information, please contact: Carl-Olof By, Executive Vice President and

Nordic Venture Partners announces Robert Göthner as Partner

Nordic Venture Partners, the leading pan-Nordic venture capital firm, is pleased to announce that Robert Göthner has joined the firm as a Partner. Robert will utilize his extensive venture capital, operational and company building experience in working with the firm’s current portfolio as well as assisting the firm with new opportunities.“There are very few professionals who have as deep experience from the venture capital industry, combined with an impressive record in the IT industry. Robert’s prior experience with InnovationsKapital as Investment Director, and with IBM at several senior

AB Industrivärden requests reclassification of A shares to B shares

AB Industrivärden has submitted a request to Skanska to reclassify 2,302,756 Skanska A shares to the comparable number of B shares. As a result of the reclassification, Industrivärden’s share of voting rights declines from 29.3 percent to 26.9 percent.After reclassification, the number of A shares in Skanska will amount to 22,584,276, while the number of B shares in the company will total 395,968,796. For further information please contact: Anders Lilja, Senior Vice President, Investor Relations, Skanska AB, tel +46 8 753 88 01

Financial difficulties for a customer affect Teleca’s Products Division with lower earnings for 2005

One of the customers of the Products Division and Obigo has at short notice entered into financial difficulties. Teleca’s outstanding receivables from the client amount to SEK 2.6 million, with continuing unbilled royalty revenues and projected royalties for the rest of the year amounting to about SEK 20 million. Consequently Teleca has decided to change the 2005 forecast for the Products Division. This change does not impact Teleca’s view on Obigo’s long-term development. Previous forecast for the Products Division: Significantly increased sales and operating earnings (EBIT). New forecast

ATRIA ACQUIRES THE SECOND LARGEST MEAT PROCESSING COMPANY IN ST. PETERSBURG

Atria Group plc STOCK EXCHANGE RELEASE 16 JUNE 2005 AT 8:00 AMATRIA ACQUIRES THE SECOND LARGEST MEAT PROCESSING COMPANY IN THE ST. PETERSBURGREGION Atria has expanded its operations into Russia by acquiring the meat processingbusiness of the PIT Produkt Group operating in the St. Petersburg region. Thetransaction is subject to approval from the Russian competition authorities andthe fulfilment of certain closing conditions. The parties have agreed not to makethe purchase price public. The PIT Produkt Group of companies consists of severalsubsidiaries. The turnover of the

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