Nordic Business Report articles from May 2004

Nordic Business Report archives from May 2004

Nokia announces Elder Scrolls Travels game for N-Gage.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Nokia announces Elder Scrolls Travels game for N-Gage(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish telecomms solutions provider Nokia announced on Monday (3 May) that it would release...

Ilmarinen becomes the largest shareholder of VVO-yhtyma Oyj.(Ilmarinen Mutual Pension Insurance Co.)(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Ilmarinen becomes the largest shareholder of VVO-yhtyma Oyj(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish housing and real-estate company VVO-yhtyma Oyj said on Monday (3 May) that it the...

New collective agreement for Sweden's hotel and restaurant sector.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-New collective agreement for Sweden's hotel and restaurant sector(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Swedish hotel and restaurant sector has received a new three-year collective agreement....

Norhaven A/S acquires printing operations in Norway.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Norhaven A/S acquires printing operations in Norway(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Danish printing house Norhaven A/S said on Friday (30 April) that it had acquired the subsidiaries Ait...

ABB evacuates foreign personnel in Yanbu, Saudi Arabia after killings.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-ABB evacuates foreign personnel in Yanbu, Saudi Arabia after killings(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Swiss-Swedish power and automation technology group ABB said on Sunday (2 May) that...

SAS might have to pay a fine in Norway - report.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-SAS might have to pay a fine in Norway - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Scandinavian airline SAS might reportedly have to a pay fine to the Norwegian Competition Authority if it...

HK Ruokatalo Oyj reports 3-month profit of EUR5.1m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-HK Ruokatalo Oyj reports 3-month profit of EUR5.1m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish meat and poultry company HK Ruokatalo Oyj reported on Monday (3 May) an operating profit of...

Vestas Wind Systems A/S receives order for 31 wind turbines in Germany.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Vestas Wind Systems A/S receives order for 31 wind turbines in Germany(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Danish wind turbine manufacturer Vestas Wind Systems A/S said on Friday (30 April)...

Vardar AS acquires Estonian wind energy company Pakri Tuulepark.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Vardar AS acquires Estonian wind energy company Pakri Tuulepark(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian regional energy and property holding company Vardar AS has reportedly acquired...

Rieber & Son ASA posts Q1 operating profit of NOK95m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Rieber & Son ASA posts Q1 operating profit of NOK95m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian food group Rieber & Son ASA issued its first quarter figures on Monday (3 May) posting an...

Kemira Oyj concludes the sale of its catalyst subsidiary.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Kemira Oyj concludes the sale of its catalyst subsidiary(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish chemical industry group Kemira Oyj said on Monday (3 May) that it had concluded the sale...

Nooa Savings Bank Plc reports 3-month loss of EUR0.98m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Nooa Savings Bank Plc reports 3-month loss of EUR0.98m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish financial insurance company Pohjola said on Monday (3 May) that the Finnish savings bank...

Altinex ASA posts Q1 operating profit of NOK2.07m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Altinex ASA posts Q1 operating profit of NOK2.07m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian technology group Altinex ASA issued its first quarter report on Monday (3 May) posting an...

WiCom ASA posts operating loss of NOK6.68m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-WiCom ASA posts operating loss of NOK6.68m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian network design, implementation and maintenance company WiCom ASA issued its first quarter report on...

Powerwave Technologies Inc completes exchange offer for all shares in LPG Allgon Holding AB.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Powerwave Technologies Inc completes exchange offer for all shares in LPG Allgon Holding AB(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com US company Powerwave Technologies Inc said on Monday (3 May)...

Sampo closes all branch offices due to network problems - report.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Sampo closes all branch offices due to network problems - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish financial group Sampo Plc has reportedly closed all of its branch offices on...

Volvo CE divests distribution operations in Florida.(Volvo Construction Equipment sells operations to Flagler Construction Equipment L.L.C.)(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Volvo CE divests distribution operations in Florida(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Swedish buses, trucks, engines and equipment maker AB Volvo said on Friday (30 April) that its...

Skanska wins SEK1bn underground contract in the Czech Republic.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Skanska wins SEK1bn underground contract in the Czech Republic(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Swedish construction group Skanska said on Monday (3 May) that it had received a SEK1bn...

TeleComputing ASA receives contract renewals for NOK8m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-TeleComputing ASA receives contract renewals for NOK8m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian centralised IT operating services provider TeleComputing ASA said on Monday (3 May) that...

Vaisala Oyj reports 3-month profit of EUR1.9m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Vaisala Oyj reports 3-month profit of EUR1.9m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish electronic measurement systems and equipment manufacturer Vaisala Oyj reported on Monday (3 May) an...

Bakkavor Group reports 3-month pre-tax profit of GBP3.1m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Bakkavor Group reports 3-month pre-tax profit of GBP3.1m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Icelandic food group Bakkavor Group reported on Friday (30 April) an pre-tax profit of GBP3.1m...

Thrane & Thrane A/S acquires 88.6% of EuroCom Industries A/S.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Thrane & Thrane A/S acquires 88.6% of EuroCom Industries A/S(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Danish mobile satellite communication equipment manufacturer Thrane & Thrane A/S said on...

DOF ASA receives 12-month charter agreement for Skandi Hav.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-DOF ASA receives 12-month charter agreement for Skandi Hav(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian offshore service vessels operator DOF ASA said on Monday (3 May) that it had...

SEB plans sale of holding in Danish Amagerbanken - report.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-SEB plans sale of holding in Danish Amagerbanken - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Swedish bank group SEB is reportedly considering to sell its 30.5% stake in the Danish bank...

Ahlstrom Corporation reports 3-month profit of EUR15.6m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Ahlstrom Corporation reports 3-month profit of EUR15.6m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish fibre-based materials supplier Ahlstrom Corporation reported on Monday (3 May) an...

Song Networks A/S wins dominance case against TDC A/S.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Song Networks A/S wins dominance case against TDC A/S(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Sweden-based pan-Nordic telecomms operator Song Networks Holding AB said on Monday (3 May) that the...

FORAS Holding A/S sells containers portfolio for DKK60m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-FORAS Holding A/S sells containers portfolio for DKK60m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Danish property investor FORAS Holding A/S said on Monday (3 May) that it had sold the last...

Sterling and Maersk Air to merge - rumour.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Sterling and Maersk Air to merge - rumour(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com According to the Travel magazine Take Off, the recent losses by the two Danish low-cost airlines Sterling and...

Pfizer revises production strategy in Sweden.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Pfizer revises production strategy in Sweden(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com International pharmaceutical group Pfizer announced a revised strategy for its production operations in...

TeliaSonera Sweden changes its subscription to operator customers.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-TeliaSonera Sweden changes its subscription to operator customers(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish-Swedish telecomms operator TeliaSonera AB said on Monday (3 May) that its...

Ocean Rig ASA cuts Q1 operating loss to USD0.2m.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Ocean Rig ASA cuts Q1 operating loss to USD0.2m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian drilling rigs operator Ocean Rig ASA issued its first quarter report on Monday (3 May)...

Swedes import more alcohol than they buy from state stores - study.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Swedes import more alcohol than they buy from state stores - study(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com According to researchers at Stockholm University in Sweden, during the first two...

Norwegian Air Shuttle`s share down 17% - report.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Norwegian Air Shuttle`s share down 17% - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Shares in Norway's budget airline Norwegian Air Shuttle (Norwegian) have reportedly decreased 17% on...

Nocom AB acquires Tempest A/S.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Nocom AB acquires Tempest A/S(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Swedish IT company Nocom AB said on Monday (3 May) that it had agreed to acquire the Danish software distributor Tempest...

Omnitel UAB makes Lithuania`s first 3G call with Nokia technology.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Omnitel UAB makes Lithuania`s first 3G call with Nokia technology(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish telecomms solutions provider Nokia said on Monday (3 May) that the Lithuanian...

Carlsberg Breweries A/S receives USD2bn damages claim from Chang Beverages Pte Ltd.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Carlsberg Breweries A/S receives USD2bn damages claim from Chang Beverages Pte Ltd(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Danish brewery group Carlsberg Breweries A/S said on Monday (3 May)...

Norske Skog to divest holding in Nordic Paper.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Norske Skog to divest holding in Nordic Paper(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian paper producer Norske Skog said on Monday (3 May) that it had begun a process to sell its 45%...

OMHEX AB reports equities trading of EUR60.5bn in April 2004.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-OMHEX AB reports equities trading of EUR60.5bn in April 2004(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish-Swedish stock exchange operator OMHEX AB said on Monday (3 May) that total trading...

Value of Finnish exports up in February 2004 - report.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Value of Finnish exports up in February 2004 - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish Customs has reportedly said that the money value of Finnish exports had increased by 5%...

Oseberg field resumes production after minor leak.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Oseberg field resumes production after minor leak(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian energy and materials group Norsk Hydro said on Monday (3 May) that production had resumed on...

BTS Group AB receives SEK5.5m assignment from Norway Post.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-BTS Group AB receives SEK5.5m assignment from Norway Post(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Swedish business consulting and training company BTS Group AB said on Monday (3 May) that it...

Aktiv Kapital ASA acquires GBP71m defaulted consumer debt portfolio from Lloyds TSB Bank Plc.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Aktiv Kapital ASA acquires GBP71m defaulted consumer debt portfolio from Lloyds TSB Bank Plc(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian credit administrative services provider Aktiv...

Sasser Internet worm disrupts communications at If.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Sasser Internet worm disrupts communications at If(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Pan-Nordic insurance company If was reportedly hard hit by the Sasser Internet worm on Monday (3 May)....

Duo Airways cancels all flights - report.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Duo Airways cancels all flights - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com UK-based low-fare airline Duo Airways has reportedly cancelled all of its flights and shut down business...

Danionics A/S finalises move to Hong Kong.(Brief Article)
May 3, 2004... NORDIC BUSINESS REPORT-3 May 2004-Danionics A/S finalises move to Hong Kong(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Danish batteries maker Danionics A/S announced on Monday (3 May) that it had finalised the setting up of a...

Hafslund ASA posts Q1 operating profit of NOK297m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Hafslund ASA posts Q1 operating profit of NOK297m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Norwegian electricity utility Hafslund ASA issued its first quarter report on Monday (3 May) posting an...

Nilfisk-Advance to acquire ALTO International A/S.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Nilfisk-Advance to acquire ALTO International A/S(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Danish technology group NKT Holding A/S said on Monday (3 May) that its subsidiary Nilfisk-Advance had...

Oriflame Cosmetics SA posts Q1 operating profit of EUR32.2m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Oriflame Cosmetics SA posts Q1 operating profit of EUR32.2m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Sweden-listed cosmetics company Oriflame Cosmetics SA issued its first quarter figures on...

Epsilon AB wins SEK70m order for production equipment.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Epsilon AB wins SEK70m order for production equipment(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish technical consulting company Epsilon AB said on Tuesday (4 May) that it had received a...

YIT Corporation reports 3-month profit of EUR28m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-YIT Corporation reports 3-month profit of EUR28m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish construction group YIT Corporation reported on Tuesday (4 May) an operating profit of EUR28.0m on...

90% of Danish households own at least one mobile phone - report.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-90% of Danish households own at least one mobile phone - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Statistics Denmark, the Danish statistics agency, has reportedly said that 90% of all...

Oresund Bridge reports Q1 profit of DKK175.7m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Oresund Bridge reports Q1 profit of DKK175.7m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Danish-Swedish Oresund Bridge reported on Monday (3 May) an operating result before write-offs and...

Kemira Oyj reports 3-month profit of EUR54.2m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Kemira Oyj reports 3-month profit of EUR54.2m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish chemical industry group Kemira Oyj reported on Tuesday (4 May) an operating profit of EUR54.2m on...

Endero Oyj reports 3-month profit of EUR89,000.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Endero Oyj reports 3-month profit of EUR89,000(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Finnish software company Endero Oyj reported on Tuesday (4 May) an operating profit (EBITA) of...

Aktia Savings Bank reports 3-month profit of EUR9.7m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Aktia Savings Bank reports 3-month profit of EUR9.7m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish financial group Aktia Savings Bank Plc reported on Tuesday (4 May) an operating profit of...

Sea Launch updates lift-off time for DIRECTV 7S spacecraft.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Sea Launch updates lift-off time for DIRECTV 7S spacecraft(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The US commercial launch services provider Sea Launch Company LLC, 20%-owned by the Norwegian...

Orkla ASA posts operating result of NOK448m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Orkla ASA posts operating result of NOK448m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian branded goods, chemicals and financial investment group Orkla ASA issued its first quarter...

Softronic AB reports Q1 operating loss of SEK1.84m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Softronic AB reports Q1 operating loss of SEK1.84m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish IT and management company Softronic AB published its first quarter figures on Tuesday (4...

Proffice AB increases Q1 operating loss to SEK22m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Proffice AB increases Q1 operating loss to SEK22m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish recruiting and outsourcing company Proffice AB issued its first quarter report on Tuesday...

SWECO receives SEK20m assignment in Tanzania.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-SWECO receives SEK20m assignment in Tanzania(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Swedish architecture, environment and engineering consulting group SWECO said on Tuesday (4 May) that it had...

SCA expands tissue and packaging operations through new investments.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-SCA expands tissue and packaging operations through new investments(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish hygiene products, packaging solutions and publication papers producer...

El & Industrimontage Holding i Norrland AB wins SEK15m production line order from Alo AB.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-El & Industrimontage Holding i Norrland AB wins SEK15m production line order from Alo AB(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish electrical contractor El & Industrimontage Holding i...

Jeeves Information Systems AB posts Q1 operating result of SEK1.65m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Jeeves Information Systems AB posts Q1 operating result of SEK1.65m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish business systems developer Jeeves Information Systems AB issued its first...

Trio AB wins SEK1m contract expansion from Vodafone Sweden.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Trio AB wins SEK1m contract expansion from Vodafone Sweden(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish telephony solutions developer Trio AB said on Tuesday (4 May) that it had received...

LjungbergGruppen AB invests SEK300m in renovating and expanding shopping centre.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-LjungbergGruppen AB invests SEK300m in renovating and expanding shopping centre(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish property company LjungbergGruppen AB said on Tuesday (4 May)...

Storebrand ASA divests holding in Adviso AS.
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Storebrand ASA divests holding in Adviso AS(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian financial group Storebrand ASA said on Tuesday (4 May) that it had divested its remaining stake...

Aker Yards receives NOK250m order for product tanker from Nina Maritime Ltd.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Aker Yards receives NOK250m order for product tanker from Nina Maritime Ltd(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian shipbuilding group Aker Yards said on Tuesday (4 May) that its...

IBS AB signs letter of intent to acquire US supply chain management company.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-IBS AB signs letter of intent to acquire US supply chain management company(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish business software supplier International Business Systems IBS AB...

SAS reports 3-month loss of SEK1.3bn.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-SAS reports 3-month loss of SEK1.3bn(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Scandinavian airline SAS reported on Tuesday (4 May) an operating loss (EBIT) of SEK1.3bn on operating revenue of...

ForeningsSparbanken AB reports 3-month profit of SEK2.6bn.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-ForeningsSparbanken AB reports 3-month profit of SEK2.6bn(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish financial group ForeningsSparbanken AB (Swedbank) reported on Tuesday (4 May) an...

TDC A/S reports 3-month profit of DKK898m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-TDC A/S reports 3-month profit of DKK898m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Danish telecomms group TDC A/S reported on Tuesday (4 May) an operating profit (EBIT) of DKK898m on net revenues...

Kemira Oyj to close Kemira GrowHow plant in Denmark.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Kemira Oyj to close Kemira GrowHow plant in Denmark(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish chemical industry group Kemira Oyj said on Tuesday (4 May) that its subsidiary Kemira GrowHow...

Factum Electronics AB wins SEK3.5m digital radio equipment order from Danish Broadcasting Corporation.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Factum Electronics AB wins SEK3.5m digital radio equipment order from Danish Broadcasting Corporation(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish technology group Effnet Group AB said on...

Fabege AB sells properties in Stockholm, Sweden for SEK190m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Fabege AB sells properties in Stockholm, Sweden for SEK190m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish property company Fabege AB said on Tuesday (4 May) that it had sold two...

FLS Industries A/S divests German subsidiary Motan Materials Handling GmbH.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-FLS Industries A/S divests German subsidiary Motan Materials Handling GmbH(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Danish engineering and building materials group FLS Industries A/S said on...

Smarteq AB reduces Q1 operating loss to SEK0.20m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Smarteq AB reduces Q1 operating loss to SEK0.20m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish vehicle communications products manufacturer Smarteq AB issued its first quarter report on...

NCC wins construction contracts in Stavanger, Norway worth NOK125.5m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-NCC wins construction contracts in Stavanger, Norway worth NOK125.5m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish construction group NCC said on Tuesday (4 May) that its Norwegian unit...

Raisio Group Plc reports 3-month profit of EUR0.7m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Raisio Group Plc reports 3-month profit of EUR0.7m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Finnish industrial group Raisio Group Plc reported on Tuesday (4 May) an operating profit of...

TeliaSonera Sweden lowers broadband prices.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-TeliaSonera Sweden lowers broadband prices(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish-Swedish telecomms operator TeliaSonera AB said on Tuesday (4 May) that its Swedish subsidiary...

UPM-Kymmene receives Statement of Objection from EU Commission.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-UPM-Kymmene receives Statement of Objection from EU Commission(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Finnish paper industry company UPM-Kymmene Corporation said on Tuesday (4 May) that it had...

Modern Times Group MTG AB launches new channel in Central and Eastern Europe.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Modern Times Group MTG AB launches new channel in Central and Eastern Europe(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com Swedish media group Modern Times Group MTG AB said on Tuesday (4 May) that...

FIH Erhvervsbank A/S reports 3-month pre-tax profit of DKK251m.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-FIH Erhvervsbank A/S reports 3-month pre-tax profit of DKK251m(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Danish corporate bank FIH Erhvervsbank A/S, owned by the Swedish financial group...

Know IT AB wins new development order from Swedish defence materiel administration.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Know IT AB wins new development order from Swedish defence materiel administration(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish IT consulting firm Know IT AB said on Tuesday (4 May) that...

Saab and Linkoping University to establish joint research centre.(Brief Article)
May 4, 2004... NORDIC BUSINESS REPORT-4 May 2004-Saab and Linkoping University to establish joint research centre(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com The Swedish defence and aerospace group Saab said on Tuesday (4 May) that it had signed...