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Nocom strengthens product line with effective solutions for hard disk encryption

Nocom becomes Scandinavian distributor for Utimaco’s security products Nocom has signed a contract with the German company Utimaco Safeware AG for the distribution of the company’s security solutions in Sweden, Norway, Denmark and Finland. Utimaco is a well-known and established IT security company, specializing in advanced solutions for among other things, hard disk encryption. Nocom will also provide service and support sevices for Utimaco’s products. “The Scandinavian market is exceedingly important to Utimaco, and the contract with Nocom gives us the best-possible position for continued

Outokumpu to deliver world's largest copper solvent extraction plant for Minera Escondida, Chile

Outokumpu Technology will design and deliver a new world-class VSFTM Solvent Extraction Plant for Minera Escondida Limitada for its Sulfide Leach Project in Chile. The contract value is over EUR 40 million.Outokumpu Technology's scope includes engineering, proprietary equipment and supplies, construction, erection, training, commissioning and start-up supervision services. The new plant will be located at the existing Minera Escondida's mine site, approximately 160 km east of Antofagasta in the II Region of Chile. The plant will be operational in 2006.The new plant uses Outokumpu's

Peab to build a new office building in Turku

Peab to build a new office in Turku Peab's Finnish subsidiary Peab Seicon has been contracted to build a new office building aimed for education in the Finnish town Turku. Peab has recently completed the construction of a similar office building in Seinäjoki. The client is Turku Science Park and the contract amounts to Euros 21 million. The building will be constructed in seven stages and the University of Turku, the Academy of Turku, the Trade High School of Turku are among the tenants. The work has begun and it is estimated to be ready in June 2006. For further information contact: Antti

Experienced forest man takes over - Gunnar Olofsson Sveaskog's new president

Experienced forest man takes over - Gunnar Olofsson Sveaskog's new president Gunnar Olofsson, 49, was yesterday 1 September appointed by the company's Board as acting President of Sveaskog. Gunnar Olofsson has sound experience of forestry and industry. After obtaining his Master of Forestry degree, he worked within the forest organisation and held a number of senior positions within the Persson Invest Group, including being responsible for the sawmill operations and raw material procurement. Up until today Gunnar Olofsson has been Directory of Forestry at Sveaskog and head of the Forestry

Nobia: Demand remains healthy

Nobia is holding its annual capital markets day today. The programme's focus is on organic growth including a look back at the company's performance as well as a closer look at the Group's strategies for creating organic growth. The Group's aim is to grow by 2 - 3% more than the market. The first six months saw organic growth of 10%. During the day the management team will also give a briefing about market trends at the start of Q3.   "In connection with our interim report we assessed that demand rose on both the UK and Nordic markets, while it was stable on the Dutch and German

ReadSoft DOCUMENTS for Forms to process 1,5 million order forms for European jewelry provider

ReadSoft DOCUMENTS for Forms to process 1,5 million order forms for European jewelry provider The French jewelry company MATY is a leading manufacturer and distributor of jewelry and fashion watches. After an extensive benchmark, MATY has decided to implement ReadSoft's technology for Document Automation to process large volumes of order forms. This is one of ReadSoft's largest forms processing deals so far in 2004. MATY is the major player of their field in France. They market their products through various sales channels such as catalogues, the Internet and 16 stores throughout France.

Pergo launches wood flooring in the US

Pergo launches wood flooring in the US Pergo is now launching wood flooring under the PERGO® brand in the US market. The PERGO® wood flooring will be sold through Lowe's, one of the world's largest home improvement stores, with over 950 stores in North America. Pergo is a leading flooring company and PERGO® the most well know brand within the flooring industry in the US. The launch of wood products capitalizes on the company's strong brand position in the US market, as well as its marketing and distribution capabilities. "By adding wood flooring we provide our customers with a wider choice

Volvo Aero enters strategic alliance with Carlton, following acquisition of supplier

Volvo Aero enters strategic alliance with Carlton, following acquisition of supplier Volvo Aero is acquiring the company Aero-Craft outside Hartford, Connecticut, in the US. The acquisition is part of a strategic alliance with Carlton Forge Works, and will mean that Volvo Aero can expand its range of specialized parts with fan cases. Aero-Craft has some 35 employees and sales of about USD 5 million. Aero-Craft is located south of Hartford in the northeastern United States. The company is a supplier and sub-supplier to major engine manufacturers, such as Pratt & Whitney and General Electric,

SEB inspires entrepreneurship in Eastern Europe

SEB is the new main sponsor of this year's Eastern European Business Forum. The Springfellow consulting firm, which has many years of experience from Eastern Europe, is arranging the Forum. The annual seminar focuses on the economies and politics of Eastern Europe as well as business prerequisites on these markets.   Speakers will include SEB chairman Jacob Wallenberg, Lennart Meri, the former president of Estonia, Telia Sonera's CEO Anders Igel and the former head of the Riksbank, Bengt Dennis. Many participants from various companies and organisations with interests in Eastern

Sandvik comments on tax ruling

Sandvik comments on tax ruling The Administrative Court of Appeal in Sundsvall has ruled to revise the taxes upward for Sandvik AB for the 1992 and 1993 fiscal years. The case involves internal pricing matters in which Sandvik and the Swedish Tax Board differ regarding interpretation of the application of the regulatory system. In a reversal of an earlier ruling in the County Administrative Court in Gävleborg, the Court of Appeal chose to fully support the Tax Board's position. Sandvik will therefore be forced to pay about SEK 185 M in taxes, supplemental tax fees and interest. Sandvik has

FISKARS SELLS OUTDOOR RESIN FURNITURE OP

Fiskars Corporation Stock Exchange Release September 2, 2004 at 8:30 hoursFISKARS SELLS OUTDOOR RESIN FURNITURE OPERATION Fiskars Corporation’s subsidiary Fiskars Brands, Inc. will focus onits branded core consumer products and divest its non-core gardenfurniture manufacturer in the United States. Syroco, the unit nowdivested, is a US based manufacturer and distributor of resin gardenfurniture and has been a part of Fiskars Brands since 1999. The company has a total workforce of about 300 in several locationsacross the United States

Fabege sells two residential properties for a combined gain of SEK 24 M

Fabege sells two residential properties for a combined gain of SEK 24 M Fabege has sold two residential properties for a combined capital gain of SEK 24 M. Höken 10 in Stockholm's Södermalm and Älgskyttarne 4 in Fredhäll have been sold for SEK 22 M and SEK 36 M, respectively. The prices exceed the properties' independently appraised values as of December 31, 2003 by an average of 32 percent and their appraised values as of June 30, 2004 by an average of 5 percent. The buyers of the properties are tenant-owner associations. The sales are in line with Fabege's strategy, to streamline its

Sveaskog's President, Lars Sköld, leaves his position

Sveaskog's President, Lars Sköld, leaves his position Sveaskog's President, Lars Sköld, is leaving his position having been dismissed by the Board. At the same time, he is resigning from the Board of partly owned Setra Group AB. Gunnar Olofsson has been appointed as Acting President of Sveaskog. Olofsson is currently Director of Forestry within the company, a position he will con-tinue to hold for the time being. The Board's decision is based on differences of opinion between the Board and Lars Sköld regarding the company's strategies. According to his employment contract, Lars Sköld is

Productivity and comfort behind breakthrough order for Volvo Trucks in North America

Productivity and comfort behind breakthrough order for Volvo Trucks in North America Con-Way Transportation Services, Inc. has ordered 46 Volvo VN670s from Volvo Trucks North America. The VN670s will be the exclusive truck for its new Con-Way Truckload operation. Con-Way is one of the largest transportation and logistics companies in North America and is a new customer for Volvo Trucks North America, Inc. Con-Way Truckload begins operations in the first quarter of 2005. The company ordered 46 Volvo VN670s with 465 hp Volvo VED12 engines, for delivery by Dec. 31, 2004. Con-Way plans to

Ericsson equipment powers AT&T Wireless UMTS service in Dallas, San Diego

Today's launch continues a long relationship between Ericsson and AT&T Wireless to bring advanced third-generation data services to market. The two companies first announced they would work together to migrate AT&T Wireless' networks to 3G in November 2000. In February 2002, the companies made the first live 3G UMTS voice call in the United States. AT&T Wireless and Ericsson began a network trial in Dallas in December 2002 with the first call over a live 1900 MHz UMTS/WCDMA system in the Americas. Ericsson was also a major supplier to the carrier's EDGE system, the first national 3G network

OMX Exchanges 1) Monthly Statistics August 2004

OMX Exchanges 1) Monthly Statistics August 2004 Share trading The average value of share trading per business day amounted to EUR 1,551 million (during the past 12-month period: EUR 2,108 million). The average number of trades per business day was 42,048 (during the past 12-month period: 58,902). The turnover velocity was 95%. Derivative trading Average derivative trading volume in Swedish and Finnish equity and fixed-income products amounted to 350,136 contracts (during the past 12-month period: 440,364) per business day. The average number of traded contracts in equity derivative products

Largest ever order for Volvo Buses in Australia

Largest ever order for Volvo Buses in Australia Volvo Buses has received its largest ever individual order in Australia. The order from the State Transit Authority of New South Wales is for 180 bus chassis. All of these buses will operate in Sydney. The order is for 100 single bus chassis and 80 articulated buses. This is the third order from State Transit Authority of New South Wales over the past three years. An order for 30 bus chassis that are currently operating in Newcastle was received in 2002. A further 60 bus chassis were ordered in 2003 and are operating in the Sydney area. The

TECNOMEN TO DELIVER VMS AND MMSC TO TELE

Tecnomen Corporation PRESS RELEASE 1 September 2004TECNOMEN TO DELIVER VMS AND MMSC TO TELENOR IN PAKISTAN Telenor Pakistan and its network infrastructure provider SiemensInformation and Communication Mobile have chosen Tecnomen to supplyits Voice Mail System (VMS) and Multimedia Messaging Service Centre(MMSC). Delivery will take place this month. "Telenor Pakistan’s parent company in Norway is one of our longest-standing customers. We are delighted to be able to expand ourrelationship with them through this deal," says Mr Matias

50th Skanova network provides broadband to 93 percent of Svenljunga

50th Skanova network provides broadband to 93 percent of Svenljunga The majority of the people residing in the Municipality of Svenljunga can soon surf fast on the Internet. During Wednesday, Svenljunga's municipality-wide broadband network was officially inaugurated. The new network will provide broadband access to 93 percent of the households in the municipality and will have speeds up to 8 Mbit/s for most users. Svenljunga signed an agreement with TeliaSonera Network Sales in January this year and their broadband network is the 50th to be purchased from TeliaSonera and implemented in a

Addtech has today taken possession of the shares in the Carbex Group

Addtech has today taken possession of the shares in the Carbex Group. The Carbex Group is active in sales of electric brushes and electromechanical components for electrical and signal transmission. Important market segments where the products are used include the energy and medical technology industries. Annual sales amount to about MSEK 50.   The acquisition, which was made public on June 9, 2004, will be paid partially by conveyance of 100 000 previously repurchased class B shares in Addtech AB. The acquisition is expected to have a positive impact on Addtech's earnings per share

BTS Signs Contract with Leading International Electronics Corporation to Develop $1.5 Million Management Development Cur

BTS Signs Contract with Leading International Electronics Corporation to Develop $1.5 Million Management Development Curriculum BTS Group, the leading global provider of simulations for business strategy implementation, today announced that it has been selected by a leading international electronics corporation to provide an end-to-end management development curriculum. The project involves five separate simulation-based programs targeted to every level of the company's leadership pipeline. The components of the solution are the following: · A front-line managers program which features a 1-

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