Studsvik listed on the OM Stockholm Exchange
Studsvik listed on the OM Stockholm Exchange Friday, 4 May is the first day of trading in shares in Studsvik AB. The share is listed on the O list under other shares with the code SVIK. Studsvik is a high-technology company holding a leading position in nuclear technology. Studsvik develops and markets products and services that help to solve its customers' environmental, safety and quality problems in connection with utilisation primarily of nuclear technology, but also other industrial processes. The operations are run mainly at the company's nuclear reactors and facilities for waste management outside Nyköping and at a facility for volume reduction of ion-exchange resins in Erwin, USA. Studsvik's customers are found all over the world and consist mainly of nuclear power plants and nuclear fuel producers, but also include pharmaceutical companies and players in the healthcare sector. For further information please contact: Carsten Olsson, President and Chief Executive Officer, tel. 0155-22 10 20 or 0709-67 70 20, Jerry Ericsson, Chief Financial Officer, tel. 0155-22 10 32 or 0709-67 70 32, Thomas Backteman, Senior Vice President, Communications and Investor Relations, tel. 0155-22 10 66 or 0709-67 70 66. Please also refer to www.studsvik.se Facts about Studsvik Studsvik is a high-tech company, focusing on the nuclear power industry and nuclear medicine. Business is conducted through four Strategic Business Units (SBUs): Nuclear Technology, Waste & Decommissioning, Industrial Services and Nuclear Medicine Nuclear Technology offers products and services related to nuclear power plant operation. These include the testing and analysis of nuclear fuel and materials, computer codes for reactor operation, consulting and instrumentation for the measurement of radiation. Activities are dependent on Studsvik's nuclear reactors and specialist laboratories, located outside Nyköping. Waste & Decommissioning Waste & Decommissioning treats low and intermediate level waste from nuclear reactors and provides services for the dismantling of nuclear facilities. European operations focus on the treatment of low level waste in Studsvik's incineration and melting facilities located outside Nyköping. US operations, conducted at Studsvik's facilities in Erwin, Tennessee, include volume and weight reduction of ion-exchange resins from commercial nuclear power plants in the USA.e Industrial Services Industrial Services mainly provides services to the nuclear power industry and also offers services to other industries. Operations include decontamination, health physics, dosimetry services for hospitals, dentists and veterineries, chemical cleaning and dismantling of nuclear facilities as well as process cleaning Activities have historically been concentrated to Sweden. However, since the German company, SINA, was acquired in 1998, the German business accounts for more than a half of the SBU's income. Nuclear Medicine Nuclear Medicine provides a number of nuclear-related products and methods for medical use. The range includes a method for the treatment of brain tumors and a number of radioisotopes. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/04/20010504BIT01010/bit0002.doc http://www.bit.se/bitonline/2001/05/04/20010504BIT01010/bit0002.pdf