Studsvik receives capital contribution from the present owners
Studsvik receives capital contribution from the present owners Studsvik have received a capital contribution with account date of March 30th, both as unconditional shareholder contribution and issuing of new shares, of total SEK 320,5 million, of which the principal owner Atle have contributed with SEK 275 million. After the capital contribution Atle's ownership holding in Studsvik is 67,2 %. For further information, contact: Jerry Ericsson, Chief Financial Officer, Studsvik AB, +46-155-22 10 32 or +46-709-677 032 Thomas Backteman, Senior Vice President, Communications and Investor Relations, Studsvik AB, +46-155-22 10 66 or +46-709-677 066 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, 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, dosimetry services for hospitals, dentists and veterineries 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/2001/03/30/20010330BIT01040/bit0001.doc http://www.bit.se/bitonline/2001/03/30/20010330BIT01040/bit0001.pdf