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Construction start for quayside area in Stockholm's new district

Construction start for quayside area in Stockholm's new district Construction is now starting in Liljeholmskajen's quayside area and includes four 21-storey tower blocks. This will create a new Stockholm skyline. The new district is developing steadily with new public transport, public areas and various housing alternatives in 2,800 apartments. A decision has also been made to test the feasibility of building 200 small flats in tenant-owned form for young people. This new phase of the district includes four out of a total of seven planned blocks along Liljeholmskajen. Since each block is

PAYNOVA SUPPLIES PAYMENT SOLUTION TO SWEBUS EXPRESS

Swebus Express has decided to link up with Paynova’s electronic payment solution for all online sales of bus tickets. Paynova will be the sole supplier of Internet payments for the Swebus Express sales system, which, once it is fully installed, is expected to generate significant transaction volumes. Commissioning is scheduled for the end of August.Ticket sales for Swebus Express currently take place in a physical manner, via actual sales points and on the buses themselves. Switching to the Internet and Paynova’s payment solution will reduce costs, minimise the risks associated with

Ericsson supplies full commercial EDGE system for Telenor Mobil

Ericsson has been chosen as supplier of a full commercial EDGE system for Norwegian mobile operator Telenor Mobil. The upgrade of their existing GSM/GPRS Ericsson network in Norway will enable launch of new consumer and enterprise services. The agreement also includes deliveries to the world's most northern mobile network at Svalbard.Under the agreement, Ericsson will provide a complete EDGE network infrastructure, delivering fast, packet-based mobile Internet access. EDGE, an enhancement of GPRS, can handle three times the data volume of GPRS in existing spectrum bands. "We are proud

Skanska sells small British engineering firm

Skanska sells small British engineering firm Skanska and Al Rushaid Investment Company have signed an agreement, whereby Al Rushaid will take over Whessoe, a British engineering firm with about 100 employees. The sale is part of Skanska's strategy to focus on achieving a leading position within its core operations in selected home markets. Skanska Whessoe is an engineering firm that specializes in Liquid Natural Gas plants in the international market. The company posted sales of SEK 371 M in 2003 and an operating loss of SEK 8 M. The British company was part of the acquisition of Kvaerner's

Redundancies at Charkdelikatesser

Halmstad, Sweden-based Charkdelikatesser Produktion AB, which is a member of the Sardus Group's Charkdelikatesser business unit, has announced 15 redundancies in its production department. Three salaried employees in the same business unit have also been given redundancy notices. Negotiations with the unions concerned are required by the Co-Determination at Work Act will start immediately. "The reasons for the redundancies in production are that manning levels have been reduced as a consequence of the investment of more than MSEK 30 in measures to improve productivity over the past few

Bjørn Erik Næss new CFO in Aker Kvaerner

"I am very pleased that Bjørn Erik Næss has decided to join us. He has broad industry experience and a distinguished professional background," commented Group President and CEO Inge K Hansen in Aker Kvaerner. Aged 49 and a Norwegian citizen, Bjørn Erik Næss has been Executive Vice President and CFO of Carlsberg Breweries A/S since 2000. This Danish based beverage group with global activities had operating revenues of DKK 47 billion (approx USD 7.7 billion) in 2003. In the period 1995-2000 Næss was Senior Vice President and CFO of Norway's Orkla group, one of Norway's largest companies

Pressmeddelande

Pressmeddelande 2004-06-08 Ytterligare konfliktvarsel från SEKO SARF idag mottagit ytterligare ett varsel om stridsåtgärder från SEKO. Det tidigare lagda varslet omfattar bl.a. arbetsnedläggelse på nio fartyg och träder i kraft i morgon den 10 juni kl. 05.00. Det nya varslet omfattar arbetsnedläggelse på ytterligare 17 fartyg och träder ikraft 18 juni kl. 12.00. - Det är utomordentligt olyckligt att vi nu får ett utökat varsel samtidigt som vi är i slutskedet av vår interna beslutsprocess gällande det principförslag till ett avtal som redan finns. Redan det faktum att tidigare varslade

Telia continues the fight against modem hijackers

Telia continues the fight against modem hijackers Telia has taken another step in the fight against modem hijackings. Since a few weeks ago, Telia has been calling and warning customers who might have been affected by hijackings. This is often done before the customer has actually had the time to notice anything. When Telia contacts customers who dial up known foreign destinations where modem hijacking occurs, customers are made aware of the problem. At the same time, customers are also offered the cost-free service "Telia Kod", which provides 100 percent protection against modem hijacking.

Outokumpu enters into discussions to close down its copper tube production in the Netherlands

Outokumpu has entered into discussions with the local Works Council and Trade Unions in order to close down its copper tube production at Outokumpu Copper HME B.V. in Waalwijk, the Netherlands. Outokumpu Copper HME B.V. produces some 13 000 tonnes of copper sanitary tubes annually and employs 90 persons.Outokumpu Copper is one of the major copper tube manufacturers for sanitary applications in Europe, producing annually some 120 000 tonnes of sanitary and industrial copper tubes in Finland, Sweden, Belgium, the Netherlands, and Spain. Outokumpu Copper HME B.V. is part of the acquisition

Ta med teknikken i sommer

Ta med teknikken i sommer La ikke strandbager, hytteferie, campingliv og svette bilturer stå i veien for gode TV-bilder, heftige digitaldingser, underholdningsmaskiner eller snertne mobiltelefoner. Nå finnes produktene som kan redde sommeren. Ultraslim på stranden med D-Snap SV-AS10 Ta en tur på stranden for å fange beachvolleyballkampen eller de lekreste bademotene med verdens aller slankeste digitalkamera. Selv om det bare er 9,9 mm smalt, har det en mengde ulike funksjoner: Det har videokamera for filmsnutter i QuickTime®-format, musikkmaskin for avspilling av SD-minnekort og digital

Trade subject to notification

Moreover, Orkla has an exposure through a cash-settled financial derivative of 450,000 underlying shares in the hedge position related to the remaining part of the cash bonus programme.   Orkla currently holds 7,566,423 shares. The resolution adopted by the Annul General Meeting to amortise 1,607,151 shares is expected to be carried out in August this year. When the amortisation has been implemented, Orkla will hold a total of  5,959,272 of its own shares.

Drilling package contract won by Maritime Hydraulics

Maritime Hydraulics' competence and drilling equipment will be central in the technological upgrading of the artificial island, situated on a oil reservoir, just outside Cuxhaven, Germany. "This is an important delivery for Maritime Hydraulics and it shows that we are one of the worlds' leading suppliers of such advanced drilling solutions", says Roald Amundsen, the company's president. The project was started at Maritime Hydraulics AS in March based on a Letter Of Intent. The delivery of the equipment is scheduled for early 2005. ENDS   For further information, please

Einar Thodal-Ness new head of SEB Region South

Einar Thodal-Ness has been appointed as the new head of Region South at SEB. The region, which serves private clients and small and medium-sized businesses in southern Sweden, consists of 50 branch offices in the provinces of Skåne, Halland, Småland and Blekinge.   Thodal-Ness, 49, has vast experience within the areas of securities services, treasury and SEB's overseas business. Excluding a three-year period in the late 1980s, he has been employed at SEB since 1978. Thodal-Ness has most recently been head of SEB Merchant Banking in New York - a position he has held since November 2000.

Addtech acquires the Carbex Group

The Carbex Group conducts manufacturing and sales of electrical brushes and electromechanical components for electric and signal transmission. Important market segments where the products are used include the energy and medical technology sectors.   Sales and production for the Swedish and international markets are conducted from the group's location in Vadstena.   -       Effective manufacturing combined with dealing in customized products, a European sales base and competence in OEM as well as aftermarket sales are strengths found in Addtech as well as Carbex. When Carbex

Press release from the Annual General Meeting of AB Custos June 8, 2004

Press release from the Annual General Meeting of AB Custos June 8, 2004 · The Annual General Meeting decided to approve the merger plan. · The Meeting fixed the dividend for 2003 at two (2) Series B shares in AcandoFrontec AB per ordinary Custos share, equivalent to a market value of about SEK 13.20 per ordinary share on June 7, 2004 (for 2002: SEK 12.50 in cash). Decisions at the Annual General Meeting Merger plan The Annual General Meeting decided to approve the merger plan adopted by the Boards of Directors of AB Custos ("Custos") and Investment AB Öresund ("Öresund"). According to the

Volvo's trucks have reduced CO2 emissions 20% in ten years

Volvo's trucks have reduced CO2 emissions 20% in ten years Fuel consumption in Volvo's truck engines has declined by almost 20% during the past ten years, consequently reducing the emission of carbon dioxide in a corresponding amount. Volvo expects to achieve a total reduction of 25% by 2008, compared with 1995. Technical development of Volvo's diesel engines during the past ten years has resulted in increasingly fuel-efficient engines. In 1995, fuel consumption for an FH12 truck with 40-ton trailer in long-haul traffic was about 3.4 liters per ten kilometers. By 2008, Volvo estimates that

New business unit manager for Norema

Kai Sjövold (45) has been appointed as the new Business Unit Manager for Nobia's Norwegian business unit Norema.He has extensive experience of working in the fields of marketing and sales. He joins the company from furniture company Kinnarps where he was President of the Norwegian business. He previously held the same position at office furniture company Hov+Dokka and Ifö Sanitär.   Kai Sjövold has an MBA from the Oslo Business School, and he will take up his position on 9 August.    Peter Petersson, who alongside his ordinary duties is currently the acting Business Unit Manager

M2 Engineering Makes PartnerTech an Integrated Supplier - Assignment Worth SEK 80 Million Per Year

M2 Engineering Makes PartnerTech an Integrated Supplier - Assignment Worth SEK 80 Million Per Year Contract manufacturer PartnerTech is extending its cooperative effort with M2 Engineering to the tune of some SEK 80 million per year. Stefan Stockhaus, CEO of M2 Engineering, says, "Now that PartnerTech is the integrated supplier of our new SQ200 product, we can rest assured that it will be functional, top quality and highly competitive." M2 Engineering is a world-leading manufacturer of production solutions for CDs and DVDs, both prerecorded and recordable. SQ200 is the company's new high-

Vitrolife receives FDA marketing approval of new products for the fastest growing market segments in ART (Assisted Repro

The American Food and Drug Administration (FDA) has given Vitrolife market clearance, 510(k), for G-FreezeKit Blast™, G-ThawKit Blast™, G-PGD™, and G-OOCYTE™. Cryopreservation of blastocysts and preimplantation genetic diagnosis (PGD) are both rapidly increasing infertility treatment procedures with high market potential and clear patient benefits. G-FreezeKit Blast™ and G-ThawKit Blast™ are used for cryopreservation of human blastocysts, which could save women from multiple ovarian stimulation procedures and provide better pregnancy opportunities. Furthermore, cryopreservation of embryos

Nocom expands product portfolio for IT security: Nocom becomes distributor for SonicWALL in Sweden and Finland

Nocom has signed a contract with the US company SonicWALL, Inc. for the distribution of the company's security solutions in Sweden and Finland. Tempest, which became a part of the Nocom group in May, has previously collaborated with SonicWALL in Denmark. Nocom will also provide support services for SonicWALL's products. "Our successful collaboration with Nocom's subsidiary Tempest A/S has given us a strong market position in Denmark. We anticipate a number of synergic effects with the expanded agreement and expect to increase our market shares in Nocom's other markets," says Fredrik

Sandvik's buy-back of own shares

Sandvik's buy-back of own shares Sandvik's current holding of own shares amounted at 4 June to 9,017,000 shares, corresponding to 3.46 percent of the total number of shares as of 4 June 2004. In accordance with the decision at the 2004 Annual General Meeting, Sandvik has the possibility of repurchasing a total number corresponding to 10 percent of the total number of shares. Sandviken, 8 June 2004 Sandvik AB; (publ) For further information, contact Gunnar Båtelsson, Group Treasurer and Vice President Finance, Sandvik AB, +46 26 26 10 20. ------------------------------------------------------

Teleca releases new version of its Bluetooth® protocol stack - Teleca tblueTM version 3.00A

Teleca releases new version of its Bluetooth® protocol stack - Teleca tblue(TM) version 3.00A Teleca has today released version 3.00A of its Bluetooth® protocol stack, Teleca tblue(TM), which complies with version 1.2 of the Bluetooth specification and has new support for both the Human Interface Device (HID) and Dial-Up Networking (DUN) profiles. The demand for this type of protocol stack is rising steadily as Bluetooth technology is increasingly used in new applications. Since taking it over from IAR Systems in March 2004 Teleca has refined and improved the Teleca tblue product (formally

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