Framfab sells Malmö office to the present management
Framfab sells Malmö office to the present management Framfab has sold the office at Drottninggatan in Malmö, in south of Sweden, to the present management of the office. Buyers are Jan Nilsson and Kjell Bjørn Rønning. The divestment is another step in the earlier communicated staff reduction amounting to 200 employees in Sweden. The staff in the office, in total about 50 employees, is mainly focused on traditional IT-consulting. This is not a part of Framfab´s core business; to be a dedicated Internet professional services company. Framfab will continue to co-operate with the office on specific client- projects. - It is tremendously positive for us that we now in this way can secure continued employment for our employees in another company. At the same time, this is yet another step towards regaining profitability for Framfab, says Johan Wall, CEO Framfab. The deal will not affect Framfab´s clients. Framfab retains its presence in Malmö through the office at Norra Vallgatan 64. For further information, please contact: Leif Andersson, VP Corporate Communications Framfab, phone +46 709 41 22 32 leif.andersson@framfab.se Framfab is a global Internet professional services company with a mission to deliver digital services based on Internet technology. Framfab currently has operations in Austria, Bulgaria, Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, Switzerland, the UK and the US. Many leading companies work with Framfab: 3M, AXA, AstraZeneca, Bosch, Danske Bank, Electrolux, Ericsson, Expressen, France Telecom, Groupe Pernod Ricard, IKEA, International Red Cross, Kellogg's, Maersk Sealand, Nike, Observer, Orange, Packard Bell, SAAB Group, SAS, UBS, Volvo Car Corporation, Volvo Group. Framfab is listed on the OM Stockholm Exchange's Attract 40 list (ticker FTID). ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/27/20010327BIT00120/bit0001.doc http://www.bit.se/bitonline/2001/03/27/20010327BIT00120/bit0001.pdf