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Pergo and Unilin reach settlement

Pergo and Unilin reach settlement Pergo and Unilin have reached an agreement to settle all outstanding issues relating to glue free laminate flooring joint systems. The agreement recognizes both companies' patent rights for glue free joints and as a consequence the parties have agreed to remove existing legal actions against each other in the USA. The legal action of Unilin against Pergo relating to the SmartLock joint filed on June 22, 2004, and the legal action of Pergo against Shaw relating to the Uniclic system filed on June 24, 2002 will both be settled. Unilin believes that this kind

Press release from Concordia Maritime AB

• The public offering in the US of newly formed Arlington Tankers Ltd has now been completed and Concordia Maritime’s sale of the two V-MAX tankers will be closed on 10 November • New full-year forecast after the sale of the V-MAX tankers: Profit before tax of SEK 750 million (SEK 15.71 per share) – previous forecast: SEK 170 million (SEK 3.56 per share)In a press release on 21 October, Concordia Maritime announced that the company would sell its two V-MAX tankers, the Stena Vision and the Stena Victory, to Arlington Tankers Ltd, a newly formed company on the Bermudas, on condition that the

TeliaSonera launches a Pan-Nordic phone conference service

Press Release November 9, 2004 TeliaSonera launches a Pan-Nordic phone conference service TeliaSonera provides a new phone conference service for companies operating in the Nordic countries. The service makes it increasingly easier for participants in different countries to organize a meeting, and at a lower cost. The demand for conferencing services is increasing, as more and more companies operating on the international market want to save travel costs and time. TeliaSonera's new Nordic phone conference service is targeted at companies that have offices and employees in two or more Nordic

Song Networks Holding AB, Interim Report January 1 - September 30, 2004

Song Networks Holding AB, Interim Report January 1 - September 30, 2004 Song Networks increases market share and improves result THIRD QUARTER 2004 · Revenues, SEK 616 million (SEK 546 million the corresponding period the previous year) · Net result , SEK 24 million (-6) · Result per share, SEK 0.43 (-0.10) · Gross profit before depreciation, SEK 298 million (259), 48.3% (47.3) · EBITDA, SEK 82 million (35) · EBIT, SEK 23 million (-9) · Cash flow, SEK -64 million (121) JANUARY - SEPTEMBER 2004 · Revenues, SEK 1 844 million (SEK 1 706 million the corresponding period the previous year) · Net

Ericsson conducts CDMA2000 1X 450 MHz trial in Kazakhstan

Local operator Dalacom, and its partners, participated in the trial in conjunction with The Agency of Information and Communications of the Republic of Kazakhstan. "This trial is a further proof of Ericsson's commitment to providing our customers with the most advanced wireless solutions available", - said Guenther Begemann, Vice-President, Ericsson Eastern Europe and Central Asia. Due to the improved propagation at lower frequencies, CDMA2000 in 450 MHz is particularly well suited for rural networks and for addressing operators' needs for cost-efficient coverage and capacity as a

Organizational changes and new appointments at Electrolux

Organizational changes and new appointments at Electrolux (ELUX) President and CEO Hans Stråberg has announced organizational changes within Electrolux white-goods operations, the purpose of which are to take further advantage of the Group's leading global position. These changes are effective immediately. A new global white-goods leadership team will be established, chaired by Hans Stråberg. Other members will be Keith McLoughlin, Johan Bygge and Fredrik Rystedt. The new team will focus on increasing the integration within branding, design, product development, manufacturing and purchasing;

AcandoFrontec acquires Edge Consulting

AcandoFrontec acquires Edge Consulting AcandoFrontec has signed an agreement to acquire the IT consulting company and Microsoft specialist Edge Consulting. Edge Consulting is currently owned in large part by its 15 employees. Founded in 1999, its client base is concentrated in Stockholm's banking and insurance sector. Edge's mission is to provide technical expertise and system development for, among others, Microsoft's .Net platform, in addition to IT management services. A focus on high-volume applications and complex integration solutions has led to numerous projects to supply front,

AB Volvo announces share repurchase

AB Volvo announces share repurchase Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Monday, November 8, acquired 225,000 series B shares. The shares were traded between SEK 275.50 and 278.50 with an average price of SEK 277.46. On June 17, 2004, the Board of AB Volvo decided to acquire through purchase on Stockholmsbörsen (Stockholm Exchange) a maximum of 22,076,045 Series A and/or Series B shares, however, not to exceed a total purchase amount of SEK 4,300,000,000. After the repurchase, AB Volvo is in

MILLICOM SIGNS SECOND MEMORANDUM OF UNDERSTANDING IN VIETNAM

MILLICOM SIGNS SECOND MEMORANDUM OF UNDERSTANDING IN VIETNAM New York, Stockholm, London and Luxembourg - November 8, 2004 - Millicom International Cellular S.A. ("Millicom") (Nasdaq Stock Market: MICC, Stockholmsbörsen and Luxembourg Stock Exchange: MIC), announces that following today's successful 'Vietnam Day' in Stockholm, its subsidiary Comvik International Vietnam AB (Comvik) has signed a second Memorandum of Understanding (MOU) with Vietnam Mobile Telephone Services Company (VMS-MobiFone), following on from the initial MOU signed on February 4, 2004. Today's MOU expresses the wish of

OMX AB's Nomination Committee

OMX AB's Nomination Committee In accordance with a decision made at OMX's Annual General Meeting on March 25, 2004, a Nomination Committee, consisting of representatives from the four largest shareholders in OMX AB and the Chairman of the Board of Directors, is hereby announced. The Nomination Committee shall, among other things, develop a proposal for the composition of the Board of Directors, which will be presented for approval at the next Annual General Meeting. The Nomination Committee consists of: Eva Halvarsson, Director, Ministry of Industry, Employment, and Communications KG

A new Artelon® Surgical Suture available in Europe

A new Artelon® Surgical Suture available in Europe Artimplant receives CE-certificate for additional size of Artelon® Surgical Suture Artimplant AB, a Swedish biomaterials and orthobiologics company, has been granted CE-certification for a thicker and stronger - size 2 - Artelon® Surgical Suture that meets additional needs mainly in orthopedics. Previously, a thinner size - 2-0 - suture has been approved for marketing in Europe. Artelon®, a degradable polyurethaneurea, is a unique patented biomaterial that acts as a temporary support to the healing tissue. Excellent biocompatibility for

Extraordinary General Meeting in Poolia resolved to distribute Uniflex to shareholders

Extraordinary General Meeting in Poolia resolved to distribute Uniflex to shareholders An Extraordinary General Meeting of Poolia shareholders decided today, in accordance with a motion from the Board of Directors, that Uniflex is to be distributed to the shareholders in connection with a reduction of Poolia's share capital through a decrease in the par value per share. For each multiple of five Series A Poolia shares, the holder will receive one Series A Uniflex share, and for each multiple of five Series B Poolia shares, the holder will receive one Series B Uniflex share. The record date

President and CEO Erik Strand’s comments on interim report for January 1 – September 30, 2004

Poolia AB The Poolia Group’s operating result remained positive during the third quarter. Operating profit amounted to SEK 10.6 M (loss: 4.8). Operating profit for the first nine months of the year totaled SEK 14.0 M (loss: 25.3). Since restructuring costs of SEK 6.8 M were charged against first-quarter earnings, this means that the comparable operating result for the first nine months of the year was a profit of SEK 46.1 M. For the first time since the beginning of 2001, Poolia Professionals Sweden reported an operating profit during the third quarter, amounting to SEK 4.1 M (loss: 3.2).

PARK INN CONTINUES EXPANSION PLANS IN UK & IRELAND

Hotel construction underway in Mulrany, Dundalk, Ballinasloe & Newry, Northern IrelandNovember 8th 2004: Park Inn, Rezidor’s new and energetic mid-market hotel brand, has strengthened its hold as one of the fastest growing mid-market sector hotel brands in Europe by signing multiple franchise agreements in Ireland. The first of many Park Inn’s opening on the island of Ireland over the next 18 months is to be built in Mulrany on Ireland’s west coast overlooking the Atlantic Ocean and is due to open in March 2005. Also opening next spring will be Park Inn Dundalk, then following a year later

ASSA ABLOY has increased sales from SEK 3 to 25 billion in 10 years

"We have had ten exciting years, expanding our business and our Group. During these years we have delivered strong results. And we will keep on doing so. Last week we summarized yet another good financial report with strong sales and strong organic growth. This gives us the strength and the economic muscle to develop our Group further," says Bo Dankis, President and CEO of ASSA ABLOY.   "Our first move is to expand our businesses. We have already taken the first step in some of our business areas by launching new security solutions and testing new consumer concepts. Now it is time to

SAS Group traffic report - October 2004

The SAS Group Traffic figures October 2004 Good growth and improved load factor ·Total passenger traffic (RPK) increased by 7,7% in October 2004 vs 2003. ·The SAS Group transported 3,0 million passengers in October 2004 vs 2,9 million in 2003, an increase of 2,6%. ·Overall group passenger load factor improved by 0,4 p.u to 65,2% for October 2004 vs. 2003. ·Yields has continued to stabilize Group market trends and yield development Group total traffic volumes developed well in October with a traffic (RPK) growth of 7,7%. Capacity (ASK) increased by 7,1% resulting in an improved load factor

Vodafone launches three new subscriptions

Vodafone launches three new subscriptions Vodafone is now launching three new subscriptions for the consumer market - Vodafone One Price, Vodafone Friends, and Vodafone Free Minutes. Vodafone One Price is a subscription with a low monthly charge - SEK 79 - designed for customers who wish to maintain the best possible control of their telephony costs. Irrespective of the network they call or the time of day or night, the price will be SEK 2.25 per voice call and SEK 5.95 per video call. Vodafone Friends is a subscription designed for Vodafone mobile customers who wish to call each other

Akzo Nobel appoints John McLaren Director of Corporate Communications

Akzo Nobel appoints John McLaren Director of Corporate Communications Arnhem, the Netherlands, November 8, 2004 - Akzo Nobel today announced a further strategic appointment, with John McLaren (41) joining the Company as Director of Corporate Communications. John McLaren joins Akzo Nobel after a highly successful period with DSM, where he was responsible for the communication of the company's Vision 2005 strategy. During his tenure, DSM's Corporate Communications department was awarded Communicatie magazine's best media relations department, and the Henri Sijthoff Prize for the best Annual

Orkla makes offer for the remaining shares in Chips Abp

Orkla currently owns 20.4 % of Chips Abp. Orkla also owns 38 % of a company it controls jointly with Chips Abp which includes the snacks businesses in Norway, Sweden and Denmark.   Orkla has entered into an agreement with the largest shareholders in Chips, who have committed themselves to accepting Orkla's offer. These shareholders and Orkla together own 45 % of equity capital and 58 % of the votes. The Board of Directors of Chips will recommend its shareholders to accept the offer.   The most important conditions for Orkla's offer are that an extraordinary general meeting of

Saab to shed 50 personnel in the Stockholm area

Saab to shed 50 personnel in the Stockholm area Saab has today notified the County Employment Board that it is to shed 50 employees at Saab Systems, Saab Support and SaabTech in the Stockholm area. Development engineers, management and administration personnel will be affected by the move. "The main reason is a lack of new development assignments within our command and control operation, and the cutbacks we also need to make in management and administration," says Dan-Åke Enstedt, business unit manager at Saab Systems. "It is of course very regrettable to have to reduce the workforce, but

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