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Orkla Foods acquires Latvian company Spilva

Spilva's head office and production plant are situated in Riga, the capital of Latvia. The company has a broad product portfolio, and the main products are processed vegetables, ketchup and other tomato-based sauces, mustard and horseradish, mayonnaise, desserts and jams. Spilva manufactures, markets and sells its products under the SPILVA brand. The company also exports products to Lithuania, Russia and Estonia.   The company is owned by private entrepreneurs. The parties have agreed not to reveal the price of the transaction. The personnel and present management, including the

Statoil awards template installation contracts to Aker Marine Contractors

The scope of work also includes operation planning, load out and transportation of the templates from Asdalstrand to Sandnessjøen. The templates are identical and weigh approximately 270 tons each. In Sandnessjøen the templates will be lifted into the water and towed to field individually using the pencil buoy method. The method attract attention and has recently been patented by Aker Marine Contractors. The pencil buoy method has also been used in other projects such as Vigdis and Snøhvit. The vessel that will be used for the tow and installation of the templates will be a Maersk A

Fabege sells two more residential properties

Fabege sells two more residential properties Fabege has sold two more residential properties at prices exceeding their market value at year-end 2003 by an average of 23 percent. The properties, Valfisken 32 and Röstrand 30, have been sold for SEK 49 M and SEK 35 M, respectively. The total capital gain for Fabege is SEK 40M. The properties have been sold to tenant-owner associations. So far this year, Fabege has sold six of the 12 residential properties in central Stockholm that were not transferred to Bostads AB Drott in connection with its recent demerger. Property Rentable Of which No. of

OUTOKUMPU CLARIFIES INFORMATION IN TODAY

OUTOKUMPU OYJ STOCK EXCHANGE RELEASE May 18, 2004 at 4.15 pmOUTOKUMPU CLARIFIES INFORMATION IN TODAY'S MEDIA RELATING TOSTAINLESS STEEL DELIVERIES IN 2004 Referring to Reuters' news today, May 19, 2004, Outokumpu wishesto clarify some information presented in the article. Thestainless steel production figure presented in the article, 2.05million tonnes, for 2004 actually refers to Outokumpu's totalstainless steel deliveries. The figure, 2.05 million tonnes ofsteel deliveries, is in line with Outokumpu's currents plans andmarket outlook, as well as with earlier published information

Danish partnership agreement results in SEK 285 million construction order

Danish partnership agreement results in SEK 285 million construction order NCC signed a partnership agreement today pertaining to two contracts in Sønderborg, Denmark, with a total order value of approximately DKK 235 million, corresponding to about SEK 285 million. NCC's work on this subproject, which is part of the largest construction program in southern Jutland, will begin as early as August 2004. NCC's subproject comprises Forskerpark Syd A/S (a research park), the University of Southern Denmark, a concert hall and a new city park in Sønderborg. NCC's part of the construction program

Four out of ten people in small companies want Internet access in their car

Four out of ten people in small companies want Internet access in their car Four out of ten people working for a small company want to be able to connect to the Internet in their car. One out of three would like to access the Web during an airplane flight. Being able to connect from home and a hotel room are at the top of their wish list. These are some of the findings from TeliaSonera Sweden's latest "Communications Barometer for Companies" survey. TeliaSonera, with the assistance of the Quickwise research company, has polled 1,457 people working in companies with ten or less employees.

SYSOPEN APPLIES FOR LISTING OF THE 2003A

SYSOPEN PLC STOCK EXCHANGE ANNOUNCEMENT 19 May 2004 at 1.30 pmSYSOPEN APPLIES FOR LISTING OF THE 2003A-STOCK OPTIONS ON THE MAINLIST OF THE HELSINKI EXCHANGES Sysopen plc applies for listing of all 2003A-stock options on themain list of the Helsinki Exchanges so that the listing commenceson 25 May 2004. The total number of A-stock options is 210,000. Each A-stockoption entitles its holder to subscribe for one Sysopen plc share.In the aggregate, the A-stock options entitle holders to subscribefor 210,000 shares. The present share subscription price with A-stock options is EUR 3.

Gruvön's head of development appointed adjunct professor of paper technology

Gruvön's head of development appointed adjunct professor of paper technology Lennart Stolpe, head of development at the Gruvön mill, has been appointed adjunct professor of paper technology at Karlstad University. He will spend part of his working time teaching and leading research at the university. "Close contacts between Billerud and the university are very valuable and we have high expectations for what deeper co-operation can bring," comments Bert Östlund, President and CEO of Billerud. Karlstad University offers around 50 programmes and 750 courses. Around 1,100 people are employed by

SCA concludes acquisitions in Australia and New Zealand

SCA concludes acquisitions in Australia and New Zealand Since the authorities concerned in Australia and New Zealand approved SCA's acquisition of the New Zealand company Carter Holt Harvey's tissue and fluff operations and its 50% holding in Sancella, this transction was concluded today, 19 May. Stockholm, 19 May 2004 SVENSKA CELLULOSA AKTIEBOLAGET SCA (publ) Communications and Investor Relations For further information, please contact: Peter Nyquist, Senior Vice President, Communications and Investor Relations. Phone: +46 70 575 2906. -------------------------------------------------------

Dismissal of purported class action lawsuit against American Skandia affirmed

Dismissal of purported class action lawsuit against American Skandia affirmed On 14 May 2004, the United States Court of Appeals for the Second Circuit issued a Summary Order affirming the judgment of Senior Judge Milton Pollack of the United States District Court for the Southern District of New York dismissing Donovan v. American Skandia Life Assurance Corp. et al. with prejudice. This litigation concerns activities prior to the May 1, 2003 acquisition of American Skandia Life Assurance Corp. by Prudential Financial, Inc. from Skandia Insurance Company Ltd. As previously disclosed, the

Annual General Meeting of Enea Data AB (publ) May 18, 2004

Annual General Meeting of Enea Data AB (publ) May 18, 2004 The Annual General Meeting of Enea Data AB resolved to approve the proposals of the Board of Directors and the nomination committee. The Annual General Meeting of Enea Data AB · Approved the income statement and balance sheet as well as the consolidated income statement and the consolidated balance sheet · Resolved to approve the Board of Directors' proposal that no dividend will be paid · Discharged the board and the CEO from liability for fiscal year 2003 · Approved the nomination committee proposal to have 6 board members and 0

WALTER AG divests the Machine Division to Körber Schleifring Group

WALTER AG divests the Machine Division to Körber Schleifring Group ++++ Jobs and the Tübingen location will be retained ++++ WALTER AG to focus on the tools and software business Tübingen-WALTER AG has divested its Grinding and Measuring Machine Division to the Hamburg-based Körber Schleifring Group. The contract between WALTER AG and Körber Schleifring Group was signed yesterday. As a result, 388 employees world-wide previously working with WALTER machine operations will now work for the world's leading company in the area of grinding machines. 2003 sales for the Machine Division amounted

Electrolux settles vacuum cleaner lawsuit in the US

Electrolux settles vacuum cleaner lawsuit in the US (ELUX) Electrolux and the plaintiff John North have reached a settlement agreement in the vacuum cleaner trade secrets case regarding certain upright, cyclonic vacuum cleaners. As a result, the case will not be decided by a jury in El Paso, Texas, USA and the matter is concluded. Per the agreement, Electrolux will pay the plaintiff USD 30M and the plaintiff has agreed to drop all claims, including future claims, in the matter. No further details of the settlement are available. Electrolux entered into the settlement because it brought the

New Akzo Nobel decorative coatings plant in Vietnam

New Akzo Nobel decorative coatings plant in Vietnam Arnhem, the Netherlands, May 19, 2004 - Akzo Nobel is underlining its commitment to investing in Asia with the construction of a new factory for decorative coatings in Vietnam. Work on the facility, which is situated in one of the expanding industrial areas outside Ho Chi Minh City, has already started. "Asia remains a vitally important market for us and this investment is another example of the strategic steps we are continuing to take to establish a significant presence there for all our key businesses," said Rudy van der Meer, Member of

HNA/HNB Information from Fortum

Hafslund has received the following announcement from Fortum Corporation:   The City Board of Oslo has concluded that it will not be possible to obtain a political majority for the agreement signed on May 9th, 2004 regarding the sale of the City's share in Hafslund ASA. After informing Fortum about this, the parties have decided not to present the agreement to the Oslo City Council for approval on May 26th, 2004.   "I regret that it was not possible to conclude the transaction, which would have given Hafslund the resources needed to develop into a stronger Norwegian company. The

NCC to build housing in Denmark for SEK 385 million

NCC to build housing in Denmark for SEK 385 million NCC Construction Denmark has signed two new contracts for residential construction in Copenhagen. The contracts have a combined order value of DKK 317 million, corresponding to approximately SEK 385 million. The first contract is for the construction of 112 residential units in the Ørestad district on behalf of FSB, a Danish housing company. Also in this district, NCC is to build an 850-square-meter preschool for Copenhagen Municipality. This order is worth a total of DKK 122 million, corresponding to about SEK 148 million. Construction is

Little damage from fire at Componenta Alvesta

Little damage from fire at Componenta Alvesta A fire occurred in the melting shop at the Componenta Alvesta foundry today in the morning. The fire started when hot iron that had dropped from the furnace keeping the molten metal hot set on fire objects on the foundry floor including two forklift trucks. The entire foundry and the adjacent offices were evacuated but personnel were soon able to return to their work places. The fire brigade quickly brought the fire under control and the fire was restricted to one part of the foundry. Thanks to the quick action of personnel and the fire brigade

CITY OF OSLO AND FORTUM WITHDRAW FROM HA

Fortum Corporation STOCK EXCHANGE RELEASE 18 May 2004 at 6.40 p.m. 1 (1)CITY OF OSLO AND FORTUM WITHDRAW FROM HAFSLUND AGREEMENT The City Board of Oslo has concluded that it will not be possibleto obtain a political majority for the agreement signed on May9th, 2004 regarding the sale of the City´s share in Hafslund ASA.After informing Fortum about this, the parties have decided not topresent the agreement to the Oslo City Council for approval on May26th, 2004. "I regret that it was not possible to conclude the transaction,which would have given

Iggesund Timber sells shares in French wood sales company

Iggesund Timber sells shares in French wood sales company Iggesund Timber has sold its 33 per cent holding in French wood sales company Les Bois de la Baltique to SCA Timber. The sale, which is part of Iggesund Timber's strategy of concentrating exclusively on redwood sawn timber, generates a capital gain of MSEK 2. Iggesund Timber, which is Holmen's sawn timber business area, has approximately 100 employees. Its net turnover in 2003 amounted to some MSEK 500. The Iggesund sawmill has an annual production capacity of 250,000 cubic metres, and its customers are mainly in the Western European

SAS Cargo increases capacity from North America to Scandinavia

SAS Cargo increases capacity from North America to Scandinavia SAS Cargo has signed contracts with Korean Air Cargo and WOW-alliance partner Singapore Airlines Cargo about cargo capacity onboard their freighters from North America to Scandinavia. The contracts are regarding Singapore Airline Cargo's flight from the O'hare airport in Chicago to Copenhagen every Friday and Korean Air Cargo's flight from John F. Kennedy Airport in New York to Oslo every Monday. Both routes are operated by Boeing 747F freighters. With these contracts SAS Cargo is increasing capacity from North America to

Peab to build shopping centre and flats in Karlstad

Peab to build a shopping centre and flats in Karlstad Peab has been contracted to build a new shopping centre, in the centre of Karlstad. The client is Mitt i City i Karlstads Fastighets AB, a constellation of partners and investors from Värmland. The building will be constructed in three stages above ground, with 16 000 square metres shop premises and an underground car park in two stages dimensioned for 385 parking places. It is a turnkey contract estimated to be finished during the autumn 2006. On top of the shopping centre, Peab will build 80 new tenant-owner flats. These can be built

Invitation

Capital Markets Day - A solid platform for profit growth -   Tuesday, June 8, 2004 at 12.00 (noon) 120 Fleet Street, River Court , London     I am pleased to welcome you to the SEB Group's Capital Markets Day 2004   This year, my ambition is to bring you even further insights and understanding of SEB's profit growth opportunities. We will elaborate on areas such as Cards, The Baltic Rim, Merchant bankings German and Nordic expansion as well as discuss the structure of SEB's equity related income.   Agenda   12.00 Registration and lunch buffet

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